When landlords complete their 2017/2018 tax returns they may need to make extra calculations because of the new basis for working out profit. What sort of adjustments are required and is there a way to avoid having to make them? Read more to find ... [Continue Reading]
Tax efficiency for limited companies
You can take your earnings from the business as a combination of salary and dividends as a company director and shareholder–this can limit the amount of tax you’ll personally have to pay. The difference is made up by your company, which pays 19% in ... [Continue Reading]
HMRC warning on Tax refund scams
Fraudsters are taking advantage of taxpayers who may be due a tax refund following the end of the 2017-2018 tax year. HMRC are calling on people to stay extra vigilant as they are using email and text messages to scam people out of their savings ... [Continue Reading]
Changing priorities at HMRC
By having an Accountant who keeps up to date with changes to the tax system means you will always be kept in the 'know'. At Central Business Services we keep up to date with the legal requirements to ensure you pay the right taxes ... [Continue Reading]
Not using an Accountant can be expensive
On average because of poor management. The AAT (Association of Accounting Technicians) have carried out a study that found small businesses are losing on average around £15,000. This is due to them not using professionals and by trying ... [Continue Reading]
