With the end of the tax year fast approaching, it’s time to check if you can grab some of the last minute tax savings on offer. The team at Heelan …
Paying for Business Expenses with Cash: Claim Them or Lose Them
There are some myths in accounting that just won’t be debunked. Top of our list of ‘unbunkables” is the myth that states you cannot pay for business expenses in cash. …
Are you making one of these costly ‘business food’ mistakes?
Thinking about buying food for your business? The simple act of buying food in your business can be technically challenging when it comes to getting a tax deduction from HMRC. …
The Best Way to Pay Yourself From Your Limited Company: 2025/2026 edition
When you own a small business, it is crucial to know how to pay yourself, and in the most beneficial way from a tax point of view. To be honest, …
5 Limited Company Tax Reliefs you may not know about
With a tax code list in excess of 22,000 pages, you can forgive yourself for not knowing every single tax deduction! However, knowing them is very much our business! So …
How to have a ‘tax efficient’ Christmas [Update 2024]
The festive period is upon us, so what better way to get in the spirit than with an early present from HM Revenue & Customs for Christmas 2024! Let’s start …
3 ways to save tax for your small business in 2023
As business accountants, making sure our clients only pay the right amount of tax is a key part of our job. No wonder that we are frequently asked about key …
Top tax saving tips for your small business
The rapid approach of the end of tax year always focusses our minds on how we might save tax in our small business. Yet what really makes the difference is …
Reversals, U-turns and Bad News for Your Tax Bill
Over the past few weeks since we’ve had the fabled ‘mini budget’, the government has effectively changed its mind on what was announced in the budget. In fact, we are …
The ‘Mini-Budget’ (Growth Plan) Small Business Highlights
Officially, it wasn’t a mini budget, or even a fiscal statement. The Chancellor Kwasi Kwarteng set out the government’s ‘Growth Plan’ on Friday 23rd September. Whatever you call it, however, …
The Best Time to Set Up a Business
As business accountants who help owners every day with starting businesses, we often get asked “When is the best time to start a new business?”. There are two main considerations …
Tax free allowance for limited companies – is this real?
It’s a question around limited companies that we get asked all the time. The short answer is (in the words of Little Britain’s schoolgirl Vicky Pollard), ‘No, but….’. New business …