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Do you need to keep a mileage log?

What is a mileage log?  If you use a vehicle for the purpose of your business, a mileage deduction is a great way to save a little extra tax. However, HMRC won’t just take your word for it, in order to claim this deduction you need proof. In other words, you need a mileage log.  […]

Where’s My Money?

Seeing cash in the bank is always a welcome sight and can really offer peace of mind to new businesses especially. However, profits are not always represented in this way, so what happens to them and why don’t you always see what you’re expecting to see? First, what do we mean by profits?  Profits are […]

Setting Money Aside for Tax Bills. How Much Should You Save?

Unexpected tax bills are the last thing you and your business need.  As such, it is critical to the success of your business that you know precisely what to expect and when to expect it. With a little bit of help and preparation, you can do just that. At Moulds & Co Accountants, to ensure […]

What Expenses Can You Claim?

“Tax doesn’t have to be taxing.”  That may be true but sometimes it can certainly feel a little taxing when the lines of what you can and can’t do start to become blurred.  Before we dive into the detail we should first discuss a tax concept that HMRC uses to determine whether something can or […]

How Board View helps create a successful client

Our Board View service is 21 years old. Our most successful clients take our Board View service. Either monthly or quarterly we meet with our Board View clients to review the current performance of the business.  At the centre of the meeting sits the latest financial position, including the management accounts, cash flow, plans for […]

Moulds & Co Ltd 2017