SAS Accounting Services

https://www.sas-accounting.co.uk/blog/post/24053/maximising-your-finances-as-the-tax-year-ends/

Maximising Your Finances as the Tax Year Ends Blog post on end of year tax savings

Will your employer travel policies be changing..

How Evolving Travel Policies Are Changing Employee Expenses The way we work has changed dramatically in recent years, with hybrid and remote models becoming the norm across the UK. As a result, traditional business travel and commuting expenses are being redef

Would you trust HMRC with your bank details....

Do You Trust HMRC with Your Bank Details? Safeguarding bank account details given to HMRC.

What is HMRC's time to pay arrangement - flexible payment plan availability .....

What is HMRC's Time to Pay Arrangement? HMRC's Time to Pay (TTP) arrangement is a flexible payment plan designed to help individuals and businesses struggling to pay their tax liabilities. It allows taxpayers to spread their tax payments ov

What is bookkeeping?
To lay a solid foundation, it's important to know the basic principles of accounting and this 20-minute webinar from our friends at Xero is a must watch for any small business owner struggling with their accounts >>>
https://www.sas-accounting.co.uk/page/xero-tips/

: Are you a small business owner?

Do you pay yourself a salary!

If the answer is no, then you really should, it is easier to stay within budget, and less stressful to track. It also reinforces the all-important idea that your business and personal money is entirely separate.

Some very good advice!

Keep track of all of your small expenses, they very quickly add up. Monitoring them allows you to fine-tune where your money goes.

WARNING!!! Don’t use your company credit card for personal purchases 💳 !!!

If your business has a credit card - don’t use it for personal expenses. Always pay off your credit card at the end of every month. This ensures that you will most likely get credit in the future.

The top ten tax deductions that are often overlooked...

Tax reliefs and deductions are there to help lighten your financial burden, but navigating them can be complex. If you suspect you’re missing out, consult a tax advisor or review HMRC guidelines.

Small savings can add up, and claiming all the deductions you’re entitled to could make a noticeable difference to your finances >>> https://www.sas-accounting.co.uk/blog/post/23325/10-uk-tax-deductions-individuals-often-overlook/

Keeping an eye on the business numbers is a critical task for small business owners. Having knowledge of the current financial health of your business will put you in a more confident position to make well-informed decisions, allowing for smarter growth and sustainability.

Speak to your accountant today to get insights about keeping an eye on your business numbers. Or if you don't already have an accountant, here is where to find us...

📧 [email protected]
☎️ 01206 266702
🌐 sas-accounting.co.uk

You can claim a good chunk of your company's expenses as tax deductions, these expenses include meals with clients, ad campaigns, and office rent.

In order to claim them, though, you need receipts (paper/email or on an app) for tracking and verification purposes.

Did you know...

If your business doesn’t have any retained profit, it can’t make dividend payments.

Doing so will likely see you in hot water with HMRC, and penalties to pay!