Hi everyone, it’s Nishi here. Hoping you’re having a really good day. So in today’s video, what I want to talk about is how company cars work for a business. And to avoid boring you with all the accounting technical details, I’m just going to keep this really top level. So before I go into … How Company Car Work For a Business Read More ..read more

  Measuring capacity is a crucial aspect of managing a business effectively. This involves completing tasks, knowing the time required to complete them, and evaluating the capabilities of your team to determine if they can handle the workload. Miscalculating the workload can lead to overworking employees. If your staff are burdened with more work than … Importance of Measuring Capacity in Your Business Read More ..read more

  When it comes to compensating employees, businesses have the option of providing benefits in addition to their regular pay. Alternatively, employees can choose to participate in a practice known as salary sacrifice, where they agree to receive lower take-home pay in exchange for receiving specific benefits.   The Tax Landscape To understand the motivation … How Employee Benefits Work Read More ..read more

  The Pitfall of Misguided Tax Strategies: Many accountants are quick to suggest that clients purchase unnecessary items to reduce their tax bills. While this approach may bring positive outcomes in specific scenarios, it often lacks an essential caveat: only proceed if your business genuinely requires the expenditure! All too often, I’ve come across individuals … What’s the Worst Advice Your Accountant Can Give You Read More ..read more

  Many business owners are curious about if you can you claim mileage on electric cars. With the rising popularity of electric vehicles, particularly Tesla and other electric car models, more entrepreneurs are considering incorporating them into their business operations. In this blog post, we explore the tax advantages and potential savings associated with using … How Do You Claim Mileage on Electric Cars Read More ..read more

  Cashflow planning is more crucial than ever for small businesses. In these challenging times, understanding and managing your cash flows effectively can make a significant difference in the success and growth of your business.   The Current Financial Landscape: Before we delve into the importance of cashflow planning, let’s take a moment to acknowledge … Cashflow Planning Is Crucial For Your Small Business Read More ..read more

Many businesses often find themselves facing obstacles that hinder their growth and success. Whether it’s a shortage of staff, insufficient time for the business owner, or a lack of necessary equipment, these obstacles force them to make crucial changes to overcome the challenges they face.   The Pitfalls of Reactive Decision-making: Hiring staff under pressure … Why Team Management is Key for Your Small Business Read More ..read more

  In the ever-evolving landscape of tax law, it’s crucial for individuals and businesses to stay informed about the changes that may impact their financial obligations. As tax regulations undergo frequent revisions, it’s not uncommon for people to seek ways to minimize their tax liabilities. Tax Avoidance vs. Tax Evasion Before delving into the details … How To Not Get Caught Out By Tax Avoidance Rules Read More ..read more

If you’re looking to increase your business’ profits, you need to focus on generating more customer value.  Customer value is what drives revenue and growth for businesses, so it’s essential that you understand what it is and how to create it.  In this blog post, we’ll discuss what customer value really means and how you … What is Customer Value and How Can You Generate More of It? Read More ..read more

  It is beneficial for higher rate taxpayers to own properties through a limited company to avoid paying higher rate tax on property income and finance and mortgage costs related to the property. However, owning a property through a limited company may not be tax efficient when you sell the property because you end up … Why Do People Put Rental Properties into Limited Companies Read More ..read more