10 Ways to reduce your tax bill

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10 Ways to reduce your tax bill

EVERYONE MUST PAY TAX, BUT DON’T PAY MORE THAN NECESSARY – THERE ARE MANY WAYS TO REDUCE YOUR BILL, AND YOUR RETURN IS THE PLACE TO CLAIM LOTS OF THESE SAVINGS

Arranging your finances in the most tax-efficient way possible will mean your total tax bill is as low as possible. There are all sorts of tax reliefs and allowances available. To claim these tax breaks, complete the relevant sections in your self-assessment tax ...

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How to record CIS deductions in Xero – the Manual Way

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How to record CIS deductions in Xero – the Manual Way

This is a short tutorial on how to correctly record CIS Deductions in Xero cloud accounting package without a plugin.

This method can be easily replicated to other accounting packages.

What is CIS Deduction?

CIS short for Construction Industry Scheme is a type of taxation introduced by HMRC to the construction industry. ...

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Business Expenses HMRC Allows to Claim!

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Business Expenses HMRC Allows to Claim!

I have decided to post this small guide because of constant questions I was getting from small business owners in regards to business expenses HMRC allows to claim on self-assessment.
    This guide is more of a rule of a thumb rather than a comprehensive tutorial. If you require in-depth advice or consultation, then please fill in the form and I will come back to ...

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