Inspire Financial Management
Best viewed on a device with a bigger screen...
Tel: 0191 487 7074
Your company is bouyant and you want to take extra income tax efficiently. Why might benefits in kind be the best option?
Reports suggest that the police are investigating possible tax evasion by Angela Rayner MP. Is this justified or just wild speculation?
Changes to the high income child benefit charge mean some couples will pay less tax. Others can also benefit but must take steps. What's required and when?
Your company is celebrating 25 years in business with small gifts to customers and a party for your staff. What tax deductions is it entitled to?
Last year's high profit led to a large tax bill. A current year loss leaves funds short. Would changing the accounting date help?
Companies claiming tax relief for R&D will need to use the new merged scheme for accounting periods starting on 1 April 2024. What are the key changes?
HMRC stated that upgrading a boiler wouldn't be a deductible expense for tax purposes. It is now admitting that this was wrong. What action do you need to take?
Naturally, you want to keep as much of your estate as possible from HMRC's coffers. What simple steps can you take to achieve this?
Is it possible to get tax relief for your mortgage interest?
You're leasing instead of purchasing cars for your business. This allows you to reclaim VAT that you would not otherwise be entitled to. Is this correct?
HMRC announced that it would be scaling back its tax helplines. It has now seemingly reversed the decision. What's going on?
You've closed a subsidiary of your main company but your loan account with the subsidiary company is in the red by nearly £20,000. What are the implications?
The guidance relating to the salaried member rules where capital contributions are made has been updated.
There are genuine cliff-edge income thresholds that result in unfair tax charges. What are they and how can you avoid them?
HMRC's MTD for Income Tax Self-Assessment (MTD ITSA) pilot has been a disaster. Should you consider signing up?
The Chancellor delivered his Spring Budget yesterday, with several announcements affecting individual taxpayers. What were the highlights?
The approved amount that employers can reimburse staff for business travel in company cars changes from 1 March 2024. What are the new rates?
The cash basis is being simplified and will become the default basis of accounts preparation from 6 April 2024. What are the implications?
On 6 April 2024, the capital gains tax (CGT) annual exempt amount will be halved to just £3,000. What can clients do ahead of this to save tax?
HMRC is stepping up investigations relating to cryptoassets. If you own Bitcoin assets, should you be worried?
inspire financial management, financial management, accountant, accounting, gateshead, stockton on tees