Laura's Small Business Tips

If your company provides you with a traditionally fuelled car for personal use, it can be a very expensive way to fund your vehicle. However, if your company provides you with an electric car that you can use personally instead, the tax tends to be substantially lower than for traditional vehicles and there are incentives for the company as well.

My name is Andrea Dow. I am originally from East Kilbride but moved to Lanark when I got married. Its semi-rural and my husband and I are very happy there. We enjoy all things outdoors – cycling, hillwalking, a bit of scrambling, snowboarding but I also love the gym too.

My residential landlord clients would probably tell you that they are fed up of hearing about HMRC’s latest requirements for reporting Capital Gains Tax. At every accounts review meeting I make sure they are fully aware that in the event they sell their residential rental property, they must complete a return and pay any tax that is likely to be due within 60 days of the sale being agreed.

How you structure your business is really a personal preference. Find out more about why you may want to operate through a company and how you move your sole trade business into a company easily.

After moving his sole trade business to a limited company, William struggled to connect with his then bookkeeper and became late submitting his tax returns. Keep reading to find out how we managed to get his late tax returns submitted and get the company back on track.

We’ve all seen the adverts from the big players in the bookkeeping arena recently. QuickBooks and Xero are going to do all your business record keeping for you. What they don’t tell you is that even with the help of software, it still needs your input to ensure you get the right answers.

If you are juggling your work-life balance, we can help you to find more time for yourself by helping you with your self-assessment return. You may be wondering how that might work in practice. I can’t speak for every accountant or payroll operator but in this blog post I describe how the process works at Armet Accounting.

When you ask someone else to produce your company accounts and tax return for you, you may wonder how that might work in practice. In this blog post I describe how the process works at Armet Accounting.