Tax Needn’t Be Taxing:
Sole Trader Tax Help
Britain has the most complex tax system in the world, proving too much to handle for some self-employed individuals and entrepreneurs. Discover how to manage your sole trader tax right here!
Sole trader tax can be a tough nut to crack.
While businesses and corporations often find support from finance experts and in-house account management teams, those running their own single-person operations tend to be left to their own devices when it comes to tax.
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...read more
- 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...read more
Trying to establish a new business system and need help creating notes and plans? We take a look at the best way to create your business system. Creating a business system plan is a vital part of company operation; so people say. Through our work, we’ve encountered...read more
Have you ever sat down and asked what the purpose of your brand really is? Here’s why our chartered accountants think that you should! A little while back, the team at Russell Smith Chartered Accountants sat down together and discussed a very important question. It...read more
Worried you might be making mistakes when it comes to tax management? We explain the two biggest mistakes that catch out most small business owners. Tax management is a source of anxiety for many business owners. While running a company and marketing your services and...read more
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...read more
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...read more
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...read more
Ever been fined or given a penalty while undertaking a business task? You might be able to reclaim it on your tax returns! Find out how with our guide to getting VAT back on penalties. We’ve all been there: slapped with a fine or penalty notice out of the blue. The...read more
Success can come with riches and rewards beyond our wildest dreams, but is there a downside to getting further than you ever thought you could? Our Accountant in Leeds talk about the curse of success. We don’t want to toot our own horn, but as far chartered...read more