HMRC launches enquiries on businesses of all sizes every day, but are you ready if you’re next on the list? Every day we hear businesses say, “they won’t investigate me”, but they could, and they will. After all, small businesses can be easy wins for them… Keeping all this in mind, it’s up to you to ensure everything is in order and you are being compliant – whether that be working with an accountant or keeping […]
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There are a number of day-to-day running costs associated with owning a business, but did you know if you’re self-employed you can deduct some of these costs if they are considered allowable expenses? Once these costs have been deducted, you can work out your taxable profit. For example, if you turn over £50,000 each year and you claim £15,000 in allowable expenses you will only pay tax on the £35,000 that remains. This is what people […]
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KEW Accountants and Tax Specialists Ltd
Granville Suite
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Stafford Park 4
Telford
Shropshire
TF3 3BA
t: 01952 216872
e: info@kewaccountants.co.uk
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