We’re shutting the office – but not stopping our service
17th March 2020
In response to the current situation with Covid-19 and because a number of the TLC team have vulnerable people at home we are temporarily shutting the TLC office. This means you won’t be able to stop by and see anyone for the foreseeable future. We can’t estimate how long this will last at the moment, […]
Sick pay and coronavirus – What do you need to know?
13th March 2020
If you are a business owner you may be worried about how to handle the coronavirus outbreak. What will happen to your business if employees are off work, and what are the rules around sick pay for staff? If you’re a contractor or self-employed, what help is there available for you? Although there is much […]
TLC (doesn’t) love… changes to capital gains tax payment timescales
4th November 2019
Changes to the way you pay and timescales for capital gains tax will have an impact on landlords and those selling a second home. The changes kick in from April 2020.
TLC Loves… paying less tax on your company car
17th October 2019
One of the questions we’re asked most regularly by people running a limited company is whether they should buy a car privately or through the company. We updated our guidance on that in this blog last year, as there are lots of things to take into account. However, a government announcement in the summer changed […]
TLC Loves… being super-productive
16th September 2019
When running your own business, getting the most out of your working hours – and those of your team – can have a real impact on the bottom line. Here are some top productivity tips…
Personal Tax Account – how HMRC’s new system benefits you
24th July 2019
HMRC’s Personal Tax Account gives you tax information at your fingertips. We recommend you sign up, here’s why
TLC Loves… Keeping mobile costs in check while abroad
21st May 2019
TLC loves saving you money while you’re on holiday. Here are some quick tips for stopping mobile phone charges racking up quicker than empty glasses at an all-inclusive bar
TLC loves… keeping you up to date about pensions
18th February 2019
If you provide a workplace pension it’s important to keep up to date with your obligations about how much you need to contribute, and things are about to change. But don’t worry, as always, we’ve got you covered. What’s the deal? When automatic enrolment to workplace pensions was introduced, the Government scaled the level of […]
TLC Loves… tax breaks for trivial benefits
17th January 2019
There’s a little-known way to reward directors and employees with vouchers that we discuss at our year-end meetings, known as trivial benefits. It’s effectively a way to reward directors and employees without them being taxed for it, so it’s a tax-efficient thing to do – and it’s also nice to treat people who work hard! […]
TLC Loves… getting a tax break on decorating and furnishing your home office
24th July 2018
Many of our clients work from home offices and will be used to filling in our use-of-home spreadsheet which adds up the overheads such as heating and lighting that you can claim a proportion of against corporation tax. But did you know that you can also claim expenses against your tax liabilities for furnishing your […]