Coopers&Co

As accountants we love to ask you questions about you and your business, let’s turn this around here are 10 questions you should ask an accountant -

1️⃣ How can I be more tax efficient?
2️⃣ What are the key financial prices of information I should monitor to support growth?
3️⃣ How can I measure individual performance of each product and service provided?
4️⃣ How do my financials compare to others in the same industry?
5️⃣ How do I reward management in a way that incentivises and retains key personnel?
6️⃣ What do my numbers say about the health of my business?
7️⃣ How can I improve my cashflow?
8️⃣ What considerations for the future and exit do I need to make?
9️⃣ How can I gain confidence and feel in control of business finances?
🔟 Can I make our internal finance processes more efficient?

If you have any of these or other questions around your business accounts why not give us call and see how we can help bring clarity?

📞01604 678470

🔔 Important Tax & Accounting Dates May-June 2026 🔔

Stay ahead of your financial obligations with these upcoming key deadlines
📆 19th May – File your CIS returns for the month ended 5th May
📆 22nd May – Payment due to HMRC for PAYE/NI liabilities to 5th May
📆 31st May – Filing due for Statutory Accounts for limited companies with a 31st August 2025 year end
📆 31st May – Distribute P60’s to employees for 2025/26 tax year
📆 1st June – Payment due for Corporation Tax for limited companies with a 31st August 2025 year end
📆 7st June – Filing and payment due for VAT for the quarter ended 30th April
📆 19th June – File your CIS returns for the month ended 5th June
📆 22nd June – Payment due to HMRC for PAYE/NI liabilities to 5th June
📆 30th June Filing due for Statutory Accounts for limited companies with a 30th September 2025 year end

💡 Need help navigating these deadlines? Let us support you with our tailored accountancy and advisory services.
📞 Book your free call back now:
👉 coopersandco.co.uk/contact

Assuming you have already decided that an electric or hybrid car is practical for your needs, what are the benefits of having the company buy or lease it, vs paying it out of your own pocket?

The answer is a little bit more complicated these days.

🔵 With marginal rates of corporation tax meaning businesses pay somewhere between 19%-25% of tax on profits impacting the saving of the company either buying or leasing the car.
🔵Individual tax thresholds making it cheaper for individual’s with earnings under £50k and more expensive for those earning over £50k.
🔵 VAT savings depend on how the car is taken on either as a company asset or under a lease agreement.
🔵 As the benefit in kind rates are going up by 1% each year, the benefits are reducing slightly over the longer term.

Therefore, as we do with everything at Coopers&Co, we take a case-by-case approach. We consider all the aspects above that apply to your business and personal situation then make recommendations in our opinion about what works best for you (and no, its not always just about saving tax!).

If you want to know whether taking on an electric company car is a good option for you and your business, speak to us so we can review the options with you and help you make an informed decision.

Team member of the day award today goes to Logan for being the best boy 🐶

As animal lovers we all like the days they can join us at work, he’s welcome anytime Jack 🥰

With all the uncertainty going on in the world now, are you are aware what impact it is having on your business?

Have you considered -
🤔 Whether your sales have been affected?
🤔 If there have been any changes in the cost of sales?
🤔 If there have been any changes to your business overheads?
🤔 Have you adjusted your pricing to mitigate increased costs?
🤔 Have you decided to absorb increased costs to retain customers?
🤔 Overall do you know the what the real impact of these challenges in pounds and pence?

Our YourFD service provides you with timely and accurate business financials so that you can see what impact the worldwide issues are having on your business. This allows you to make informed decisions on what you need to keep driving your business forwards with confidence.

If you feel concerned or uncertain about your business finances and what the future holds let us support you by providing clarity on what is happening now while forecasting for the future.

If you would like to know more about YourFD at Coopers&Co, please get in touch.

📞01604 678470
📨 [email protected]