VAT on barter and non-monetary payments

9th January 2025 by Joanne Stoneman

Your business sometimes sells goods and services to customers in exchange for their goods and services rather than money, i.e. a barter arrangement. How do you account for VAT on these deals?

Extracting extra income from your company

3rd January 2025 by Joanne Stoneman

It’s that time when the Christmas financial hangover hits and your self-assessment bill is on the way, so you might need a little extra from your company to get you through. What are the most tax-efficient options?

Taking advantage of the employment allowance

19th December 2024 by Joanne Stoneman

If you’re worried about the cost to your business of the hike in employers’ NI from April 2025, the higher employment allowance (EA) might alleviate some of the pain. But will you qualify and are there any traps to avoid?