Tag: business tax

Tax strategies for year-round planning

Tax strategies for year-round planning | 2-minute read Tax planning is not just a once-a-year task. It’s an ongoing process that can help small businesses see significant savings throughout the year. While its common to focus on tax savings in early spring as the end of tax year approaches, most business owners don’t realise the…

What are the tax implications of selling your business?

Selling your business can be an exciting and profitable time. But, if you’re thinking of selling your business, it’s important to be aware of any potential tax implications this may involve. In this blog, we’ll take a closer look at the tax implications you should know about if you’re selling your business. How much tax…

Business mileage rates – who can claim?

Driving your own car for business purposes can end up being incredibly expensive! After all, by the time you factor in your fuel costs, as well as the wear and tear on your car, it can quickly leave a hole in your pocket.   The good news is that, as with other expenses, there are…

A guide to 2020/21 dividend rates in the UK

All limited companies operating throughout the UK, regardless of their size, should be aware of the 2020/21 dividend rates in the UK. This is because, there are a whole host of dividend tax rates that affect how much money you can take from your company in the form of dividends. If you’re struggling to get…