THP Blog

Fee Protection today keeps the taxman at bay
Posted by Jon Pryse-Jones on August 24, 2015

Average tax investigations now take THREE months If you keep half an eye on what the taxman is getting up to these days, you’ll know that one of his favourite activities is subjecting businesses to tax compliance checks. Last month we blogged about how HMRC raised an extra £9billion between 2011 and 2014 by ramping

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Fee Protection
Don’t die beyond your means – invest in SMEs instead
Posted by Jon Pryse-Jones on August 18, 2015

Could you reduce your Inheritance Tax bill with canny investments? There’s a well-worn story about Oscar Wilde as he reached the end of his life in late 1900. Upon being presented with a hefty medical bill, he supposedly said: “Ah, well, then I suppose I shall have to die beyond my means.” Whether he said

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Tax - image source www.SeniorLiving.Org
Want to live in a palace? Move into a caravan first!
Posted by THP on July 23, 2015

THP’s Nigel Reynolds shares tax-saving tips for property owners at the ARLA regional meeting in Chelmsford. There’s nothing like a bit of handy interest relief to free up your cash flow and give you a bit extra when you’re saving up for a palace. But if you want to qualify, you’ll need to move into

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Nigel Reynolds and Mark Ingle at ARLA
The tax man returns!
Posted by THP on July 14, 2015

In 2012/13 the number of tax compliance checks being carried out increased from 119,000 to over 237,000 – in just one year. This resulted in an extra £9billion being raised between 2011 and 2014. Many businesses and individuals feel they have done nothing wrong and therefore will never be investigated. This is simply untrue. The

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Tax Returns with THP
From receivership to a new firm of thriving bakers
Posted by THP on September 9, 2014

I first started working with THP seven or eight years ago. My wife and I own the Jack and Jill Day Nursery in Chelmsford, and Keith Pullen has been our accountant for all those years.   Keith is very supportive, understanding and sympathetic. He always offers a constructive view on how to save tax, invest

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Accountancy Firm for bakers
HMRC increases investigations of job perks
Posted by THP on January 30, 2014

Business owners should be aware that HM Revenue & Customs are focusing investigations on the number of businesses that might be underpaying their employees’ payroll tax and National Insurance. At the most extreme end of the spectrum, payroll tax evasion can include an employer keeping all of their employees’ PAYE tax and National Insurance with

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HMRC Job perks
HMRC Visits: Our Top Tips
Posted by THP on July 11, 2013

HMRC Visits: Trouble in store?   Many businesses dread a visit from HMRC. There is always the worry that something may come out resulting in paying more tax but there is also an understandable sense of dread at the potential distruption it could cause in the run up to the visit, during the visit and

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Capital Allowance Change from 1 January 2013
Posted by THP on March 26, 2013

The last Autumn Statement contained an annoucement to increase the Annual Investment Allowance (AIA) available to business owners. This may affect your business if you are planning to invest over £25,000 on plant and machinery over the next few years. The AIA is an allowance which offers tax relief at 100% on qualifying expenditure in

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Affected by the Recent New Rules on Child Benefit?
Posted by THP on January 8, 2013

By the time you read this blog and following intense political debate, the new rules on Child Benefit will be upon us. Notwithstanding the “rights” or “wrongs” of this, if you are one of the millions who have been affected, then it’s worth taking the time to check that you have taken full advantage of

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Child Benefit
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