Ilyas Patel Accountants in Preston
How to reduce your VAT bill Everyone wants their business to be as tax efficient as possible. You want to make sure your VAT bill is accurate, and you are not paying more than you have to. Here are 8 easy ways to reduce your VAT bill. (4-minute read) We will cover: The role of
Tax Free Employee Benefits Looking for a way to motivate employees? Have a look through these tax-free benefits you can offer your staff as a way of rewarding them for their hard work. (2-minute read) We will cover: Tax free ways to reward employees Tax free benefits for employees There are a number of tax exempt
How To Minimise Inheritance Tax Worried about paying too much inheritance tax? We can help – read today’s tax tip to find out how to minimise your inheritance tax bill. (4-minute read) We will cover: A few ways to lower inheritance tax Why you should seek expert advice An unwelcome tax Inheritance Tax (IHT) is
Plant and Machinery: Definition What’s the definition of ‘plant and machinery’? Find out on today’s tax tip. (3-minute read) We will cover: Some examples of plant and machinery items How they relate to claiming business expenses Plant and machinery definition Plant and machinery is a broad term that refers to the items you can claim
Can A Furnished Holiday Let Claim Capital Allowances? If you own a Furnished Holiday Let (FHL), you’ll be able to highly benefit from claiming capital allowances. (4-minute read) We will cover: The tax benefits of claiming capital allowances for FHL owners The rules surrounding capital allowance claims Furnished Holiday Let Rules But what qualifies as
Capital Allowances on Commercial Property If you own commercial property or even a Furnish Holiday Let (FHL), you can benefit from capital allowances. Find out more and start saving on tax! (5-minute read) We will cover: The legislation surrounding capital allowances Why so many commercial property owners fail to claim Definition Capital allowances are a
Is it Time for an Accountant in Preston? Have you ever wondered, “Do I need an accountant?” How long can you hold the fort before an investigation comes knocking over a mistake and you need an accountant by your side? This article will explore the difficulties of managing the financial aspects of a business and
Coronavirus Business Support 2021 COVID-19 has left an irreversible mark on the world and economy with effects that will last for years to come. Since the government has issued social distancing measures and lockdown orders to curb the spread of Covid-19, the market has faced unprecedented difficulties that has hit many businesses hard. The financial