Business

Name: Swindells Chartered Accountants
Address: Wilson House, 48 Brooklyn Road, Seaford, East Sussex, BN25 2DX
Price range: ££

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Do you know about these three small business taxes?

If you are running your own small business, it is certain that you will have to pay tax at some point. Where it can all get a bit confusing though is what tax applies to you, as there are quite a few different types of tax that businesses can pay. Some, for example, may only apply to limited companies which, if you are a sole trader, are not needed.

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Top tax tips for SMEs in 2018

Small to mid-size business enterprises often neglect to take advantage of all available tax breaks, resulting in higher than necessary tax bills for directors and employees. These actionable tax tips may help you save money on taxes and take full advantage of available tax benefits.

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Making tax digital – what you need to know

From small businesses to big multinational companies, the way tax is done is soon going to change. That’s because HMRC is bringing in its ‘Making Tax Digital’ initiative, which will change the way tax returns are filed. The change means the annual tax return will become a thing of the past, with businesses required to submit information every three months.

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Buy to let landlords need to take action to reduce tax bills

Some buy to let landlords who haven’t taken into account the variety of tax changes within the sector may well soon be faced with problems. Research from Kent Reliance highlights that 20% of UK landlords have now either transferred property portfolios under the banner of a limited company or moved ownership over to a spouse. The research further highlights that one in seven of these landlords don’t actually understand the reasons behind this.

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What tax deductibles can sole traders claim?

One of the most common questions that sole traders ask when tax returns are due is what costs they can deduct from their tax to reduce tax due. The easy answer is that they can claim anything that is wholly and exclusively for carrying out their trade.

SWINDELLS INHERITANCE TAX SEMINAR

Please join us for our latest Inheritance Tax planning seminar Robin and Duncan will be in reflective mood, looking back at planning strategies that have over the last 10 years saved our clients millions in Inheritance Tax, and looking forward, strategies that we expect to be equally successful in the future.