October 2018

Introducing Your Spouse to the Business

There are numerous reasons why you might want to bring your spouse in to the business, including several tax benefits. Involving your spouse can mean a split income between the two of you which enables you to minimise higher rate tax and therefore increase family take home pay.  Finally, any gifts of business assets between […]

Buying a Company Vehicle

Although company car tax can appear daunting at first, this article aims to provide some simple tax advice and information so that you can soon understand the essentials for what you really need to know. In this article we don’t need to delve into why the government provides these tax incentives but rather concern ourselves […]

Registering for VAT

A common question we hear from new business owners in Wetherby is, “Do we need to register for VAT?” In todays quick guide we aim to provide some simple tax advice and information to help you answer this very important question. Do I need to register?  As of April 2018, you are not required to […]

Making Tax Digital. What Does It All Mean?

Making Tax Digital (MTD) is HMRC’s attempt to fully take UK tax into the digital world. In effect, all our individual and company tax liability will be nudged electronically to our personal tax account (PTA) with HMRC. Originally scheduled for a date already long gone, HMRC now aims to have all unincorporated businesses with turnover […]

Moulds & Co Ltd 2017