The Only 2 Types of Expenses Your Business Needs to Know About
Looking to find out a little more about how business expenses work? Our accountants for small businesses talk through everything you should know. Small business expenses are fundamental to any enterprise, no matter what size. You cannot hope to start or run a business...
Non-Tax-Deductible Expenses 2019: Corporate Purchases You Cannot Claim
– Updated from 2018 Confused about what expenses you can and cannot claim on? Let our UK chartered accountants explain the rules set out by HMRC. Are you a business owner or financial manager of a limited company? Then you’ll be familiar with the concept of...
Is Food Tax Deductible? Accountants Explain
From employee lunch to meetings over dinner, find out if the food your business is paying for is tax-deductible. Business expenses come in all shapes and sizes, from buildings to rubber bands. A lot of what you buy for your company is either clearly tax-deductible, or...
Transferring Shares to a Spouse: Advice for SME Owners
Want to transfer company shares to your spouse or common-law partner? Our chartered accountants explain how to do it. As you’re searching for advice on how to transfer shares to a spouse, you’ve probably heard something about the potentially substantial benefits. Our...
Paternity Leave & Pay: Tax Savings for SME Owners
Baby on the way? Discover your rights to a salary as an employer with advice from our chartered accountants in Leeds. Babies are a precious, precious gift. They light up your life and change how you see the world. They can also be a gift for your taxes, too. Maternity...
Multiple Sources of Income: 4 Words That Can Make All the Difference
Wondering how to bring in some extra income to keep your company afloat? Our small business accountants talk multiple income sources! Recently, our small business accountants took it upon themselves to do a detailed analysis into the mind of one of the greatest...
Tywin Lannister’s Business Plan — A Leeds Accountant’s Analysis
Wondering how Tywin managed to keep the Lannister House so wealthy? Our Leeds accountant dissects this cunning financial model and reveal some interesting Game of Thrones business lessons. Do you know how much gold was mined in the Westerlands this past year? You can...
Can You Be Employed and Self-Employed at the Same Time?
Confused about whether or not you can be employed and self-employed at the same time? In this blog, we look at the legality and logistics of such a working scenario. At Russell Smith Chartered Accountants, we get asked this question a lot: can I be employed and...
