KNOWLEDGE BASE

working from home, tax relief

Working from home allowance, can you claim the tax relief?

When the Covid-19 pandemic first struck, government guidelines were introduced encouraging people to work from home where possible. Many people found themselves fashioning new home offices into any spare space they had available. As a result of spending more time at home, household costs inevitably increased, and consequently the government allowed those working from home …

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HMRC, customer

Citizen or Subject? HMRC’s compulsion to call everyone a ‘customer’ is misguided, and should worry you

HMRC is obsessed with the word customer. Their annual report for the year ended March 2022 mentions the word more than four hundred times, describing (gleefully, we anthropomorphise) how the organisation is split into four core customer-focussed groups. In good keeping with the grave case of “customerphilia” from which it suffers, these four divisions are …

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childcare, women career, tax free childcare

The impact of the UK’s rising childcare costs on women’s careers and what tax relief is available

The average cost of childcare in the UK has been steadily rising and many families have found themselves having to plan their budget carefully to cover the required fees. According to a report by the Day Nurseries, the average cost of sending a child under two years old to a nursery part-time (25 hours per …

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Let’s talk money. Cryptocurrency, inheritance tax, and inflation, what should I know

At the start of any conversation about money, it is important to acknowledge that there are no simple answers. Money is a complex and multifaceted subject, and when it comes to things like cryptocurrency, inheritance tax, and inflation, things aren’t always straightforward. That being said, it is essential to gain a solid understanding of these …

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Auditing an LLP

How having an LLP impacts your audit – introducing our travel industry client

Audit is the process of independently verifying the accuracy of an organisation’s financial statements. When a company’s accounts are required to be audited, it is typically because the company’s turnover exceeds £10.2m, has 50 employees or more, a balance sheet value of £5.1m or more, or operates within a regulated industry. Before setting up a …

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maternity allowance maternity, llp, optimal compliance

A guide to maternity allowance for LLP members

LLP members (partners) are self-employed, which means they don’t qualify for Statutory Maternity Pay but can still receive Maternity Allowance. To receive Maternity Allowance, you’ll need to fill out an application. We’ve outlined below what steps need to take place in order to receive this financial support. Applying To apply for Maternity Allowance you’ll need …

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VAT, accounting

VAT Annual Accounting scheme, is it advantageous for my small business?

VAT-registered businesses are required to submit VAT returns four times per year. You can, however, sign up for the VAT Annual Accounting Scheme if you are eligible (and it is worth your time). You will only have to file a VAT return once a year under this scheme. The scheme’s goal is to improve cash …

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MTD, making tax digital, optimal compliance

Making Tax Digital (MTD) for income tax – the what, the who and the how

Making Tax Digital (MTD) is part of the Treasury’s vision to digitalise the UK tax system, which simply means that businesses must ensure that they maintain digital accounting records as opposed to continuing to do tax-related activities on paper. Hopefully, going forward, this will improve the speed and efficiency of the UK tax system as …

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ben crampin

Partner

Ben’s been here pretty much since the get-go and, as such, has been instrumental in growing the business into what it is today.
 
He’s passionate about, in his words, ‘helping people and businesses that are just constantly being taken advantage of’ by providing affordable advice and support with an eye to ‘levelling the playing field’.
 
Ben looks forward to the day when automation will, once and for all, fumigate the fear and confusion caused by oppressive bureaucracy and strongly believes that ‘technology holds the solutions to the problems we’re trying to solve’.
 
Furthermore, he can see that technology will, in time, provide the scalability required to help a theoretically limitless number of SMEs survive and thrive against the odds.
Ben doesn’t think much of government agencies and he doesn’t suffer fools; two points that aren’t always mutually exclusive.