by thetaxguys | Mar 6, 2019 | Financial, Taxes
As a busy entrepreneur, you’re wearing many different hats and your focus is probably on making more money or getting the right team in place. Sometimes seeing your accountants can feel like a trip to the dentist. However, if you’re not talking to them, then in the...
by thetaxguys | Dec 10, 2018 | Financial, Taxes
The season of goodwill is upon us. Many business owners would be “splashing out” on gifts, parties, awards and other kind gestures to end the year on a high. And if you’re looking for some Christmas tax reliefs or ways to leverage your money this Christmas, then here...
by thetaxguys | Dec 6, 2017 | Financial, Taxes
With mortgage interest tax relief disappearing, landlords who have a few buy-to-let properties could consider transferring them into a limited company. But is it worth doing? Jonathan Amponsah, CEO at The Tax Guys, explains the pros and cons. Mortgage interest...
by thetaxguys | Dec 6, 2017 | Taxes
To assist self-employed and freelance workers getting ready to file self-assessment tax returns this month, Jonathan Amponsah, co-founder of tax return app Easy Tax Returns, reveals ten common tax return mistakes to help small business owners avoid an unwanted visit...
by thetaxguys | Dec 6, 2017 | Taxes
AFTER A decade of dealing with hundreds of tax returns and assisting clients with tax enquiries, I have come across 23 common mistakes that people make when filling in their personal tax return. These mistakes, however innocent can lead to unnecessary penalties,...
by thetaxguys | Oct 12, 2017 | Taxes
Nobody wants to pay more tax than they need to, but sole traders and directors of limited companies commonly pay unnecessarily high tax because they simply don‘t realise the extent of expenses that they can claim against their income. According to HMRC, expenses that...