TN Accountancy

Autumn Budget 2024 - Initial Reaction https://bit.ly/4f3hbes After months of speculation, the Chancellor, Rachel Reeves, delivered the first Labour Budget for 14 years. In this article we summarise the main tax changes announced in today’s budget.

Effective strategies for controlling business costs Implementing effective cost-control strategies can help businesses streamline operations, improve efficiency, and enhance financial stability. In this blog we consider some key strategies. https://lnkd.in/eBUTuqcJ

We're 6 today! TN Accountancy 'launched' on this day in 2018, and what a rollercoaster it has been in the 6 years since! Thank you to all of our clients, team and contacts for making the last 6 years so great - here's to the next 6!

What Business Expenses Can I Claim as a Limited Company? We take a look at some of the common types of expenses that limited companies can claim and provide clarity on their tax deductibility. https://lnkd.in/e4BsiAYw

Understanding VAT Thresholds and Responsibilities of Being VAT Registered Understanding VAT thresholds and the responsibilities that come with being VAT registered is crucial for businesses to ensure compliance and avoid penalties. https://lnkd.in/ejXmZEaH

Very nice thing to see in our inbox this morning! Happy Friday!

Strategies for Reducing Your Corporation Tax Bill For business owners, managing corporation tax efficiently is a key aspect of maintaining a healthy bottom line. Here are several strategies to help reduce your corporation tax bill legally and effectively. https://lnkd.in/eRGpbKhD

Do you earn over £100k? Avoid the 60% tax trap and preserve your tax-free childcare! Individuals earning between £100,000 and £125,140 could be paying tax at an effective rate of 60%. In this blog we look at why and how this could be avoided. https://lnkd.in/euXPB_cq

Spring Budget 2024 Summary In this blog, we take a look at the key tax announcements made in this year’s Budget as announced by Jeremy Hunt. https://lnkd.in/dtiJ5RDv

Employment Allowance for National Insurance Contributions Employers can claim to reduce their employers national insurance liability by the employment allowance per tax year.   Many employers qualify although there are some exclusions, we explore this in our latest blog.