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News and useful information on tax and business issues.

Why Pension Contributions are a no brainer for a Small Business Owner

We speak to a lot of small business owners and the suggestion of pension contributions is often derided. However recent changes to the tax treatment of private pension contributions make pension contributions an essential tool in the armoury of getting money out of a small business. In the past the perception was that pension contributions

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HMRC Penalty Regime

This week we have been dealing with an enquiry from HMRC into one of our clients. They did not advise us of a PAYE job that they had taken on in addition to their business and subsequently had additional tax and a penalty to pay. There are a few lessons to learn from this. 1) Clients

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