Struggle with the tax elements of what to disclose and not disclose on tax returns or when to even start paying taxes for your blog earnings? Need help in how to track your income and expenses to get prepared for taxes? Learn all that and more in this valuable session breaking down what bloggers and content creators need to know.
Bomcas ltd. Edmonton & Sherwood Park AccountantBOMCAS CANADA
Bomcas ltd. Edmonton & Sherwood Park Accountant.
BOMCAS LTD Sherwood Park Personal Tax Accountant Services specializes in Bookkeeping, Payroll for Corporate, Small and Medium size Business and Tax preparation and filing for Corporation, sole proprietorship and individual personal tax. We serve clients throughout Sherwood Park, Edmonton and surrounding areas. Local and virtual accounting services provided in order to help client that is unable to visit locally.
Bomcas ltd. Small Business Accounting and Taxes in EdmontonBOMCAS CANADA
BOMCAS LTD. Small Business Accounting and Taxes in Edmonton. Our Edmonton accounting firm offers all the services a growing business could need while keeping your taxes at a minimum. Edmonton Small Business Accounting & Bookkeeping Solutions
BOMCAS LTD Sherwood Park Tax Accountant prepares federal, provincial, and local tax returns for businesses, organizations, and individuals. We are Experts on business concepts and government regulations. Our Tax Accountants advise clients on how to minimize tax liability, inform them of any tax changes that affect their business and ensure compliance with taxing requirements. Our Tax accountants are involved in any disputes or audits that affect our clients. We serve clients throughout Sherwood Park, Edmonton, and surrounding areas. Local and virtual Tax accounting services provided to help client that is unable to visit locally.
Bomcas ltd. edmonton & sherwood park accountantBOMCAS CANADA
BOMCAS LTD Sherwood Park Tax Accountant prepares federal, provincial, and local tax returns for businesses, organizations, and individuals. We are Experts on business concepts and government regulations. Our Tax Accountants advise clients on how to minimize tax liability, inform them of any tax changes that affect their business and ensure compliance with taxing requirements. Our Tax accountants are involved in any disputes or audits that affect our clients. We serve clients throughout Sherwood Park, Edmonton, and surrounding areas. Local and virtual Tax accounting services provided to help client that is unable to visit locally.
BOMCAS LTD Sherwood Park Personal Tax Accountant Services specializes in Bookkeeping, Payroll for Corporate, Small and Medium size Business and Tax preparation and filing for Corporation, sole proprietorship and individual personal tax. We serve clients throughout Sherwood Park, Edmonton and surrounding areas. Local and virtual accounting services provided in order to help client that is unable to visit locally.
Bomcas ltd. sherwood park accounting servicesBOMCAS CANADA
BOMCAS LTD Sherwood Park Tax Accountant prepares federal, provincial, and local tax returns for businesses, organizations, and individuals. We are Experts on business concepts and government regulations. Our Tax Accountants advise clients on how to minimize tax liability, inform them of any tax changes that affect their business and ensure compliance with taxing requirements. Our Tax accountants are involved in any disputes or audits that affect our clients. We serve clients throughout Sherwood Park, Edmonton, and surrounding areas. Local and virtual Tax accounting services provided to help client that is unable to visit locally.
Bomcas ltd. Edmonton & Sherwood Park AccountantBOMCAS CANADA
Bomcas ltd. Edmonton & Sherwood Park Accountant.
BOMCAS LTD Sherwood Park Personal Tax Accountant Services specializes in Bookkeeping, Payroll for Corporate, Small and Medium size Business and Tax preparation and filing for Corporation, sole proprietorship and individual personal tax. We serve clients throughout Sherwood Park, Edmonton and surrounding areas. Local and virtual accounting services provided in order to help client that is unable to visit locally.
Bomcas ltd. Small Business Accounting and Taxes in EdmontonBOMCAS CANADA
BOMCAS LTD. Small Business Accounting and Taxes in Edmonton. Our Edmonton accounting firm offers all the services a growing business could need while keeping your taxes at a minimum. Edmonton Small Business Accounting & Bookkeeping Solutions
BOMCAS LTD Sherwood Park Tax Accountant prepares federal, provincial, and local tax returns for businesses, organizations, and individuals. We are Experts on business concepts and government regulations. Our Tax Accountants advise clients on how to minimize tax liability, inform them of any tax changes that affect their business and ensure compliance with taxing requirements. Our Tax accountants are involved in any disputes or audits that affect our clients. We serve clients throughout Sherwood Park, Edmonton, and surrounding areas. Local and virtual Tax accounting services provided to help client that is unable to visit locally.
Bomcas ltd. edmonton & sherwood park accountantBOMCAS CANADA
BOMCAS LTD Sherwood Park Tax Accountant prepares federal, provincial, and local tax returns for businesses, organizations, and individuals. We are Experts on business concepts and government regulations. Our Tax Accountants advise clients on how to minimize tax liability, inform them of any tax changes that affect their business and ensure compliance with taxing requirements. Our Tax accountants are involved in any disputes or audits that affect our clients. We serve clients throughout Sherwood Park, Edmonton, and surrounding areas. Local and virtual Tax accounting services provided to help client that is unable to visit locally.
BOMCAS LTD Sherwood Park Personal Tax Accountant Services specializes in Bookkeeping, Payroll for Corporate, Small and Medium size Business and Tax preparation and filing for Corporation, sole proprietorship and individual personal tax. We serve clients throughout Sherwood Park, Edmonton and surrounding areas. Local and virtual accounting services provided in order to help client that is unable to visit locally.
Bomcas ltd. sherwood park accounting servicesBOMCAS CANADA
BOMCAS LTD Sherwood Park Tax Accountant prepares federal, provincial, and local tax returns for businesses, organizations, and individuals. We are Experts on business concepts and government regulations. Our Tax Accountants advise clients on how to minimize tax liability, inform them of any tax changes that affect their business and ensure compliance with taxing requirements. Our Tax accountants are involved in any disputes or audits that affect our clients. We serve clients throughout Sherwood Park, Edmonton, and surrounding areas. Local and virtual Tax accounting services provided to help client that is unable to visit locally.
Physical therapist can only supervise, direct and give physical therapy, exercise therapy, massage therapy services. When choosing mobile physiotherapy services in Edmonton you don't have to search the therapist, instead they find you at your place.
My talk from Where 2.0 2010. I discuss ways in which we might make geolocal services more appealing to mainstream users, and I use BlockChalk as an example.
INITEC SYSTEMS - GTCAR - SISTEMA DE ADMINISTRACION DE INVENTARIO DE VEHICULOSXavier Carrión
INITEC SYSTEMS - GTCAR - SISTEMA DE ADMINISTRACION DE INVENTARIO DE VEHICULOS.
CANAL DE YOUTUBE:
https://www.youtube.com/channel/UC2iEqwY7G41bRMaW1XXZ0Sw?view_as=subscriber
Physical therapist can only supervise, direct and give physical therapy, exercise therapy, massage therapy services. When choosing mobile physiotherapy services in Edmonton you don't have to search the therapist, instead they find you at your place.
My talk from Where 2.0 2010. I discuss ways in which we might make geolocal services more appealing to mainstream users, and I use BlockChalk as an example.
INITEC SYSTEMS - GTCAR - SISTEMA DE ADMINISTRACION DE INVENTARIO DE VEHICULOSXavier Carrión
INITEC SYSTEMS - GTCAR - SISTEMA DE ADMINISTRACION DE INVENTARIO DE VEHICULOS.
CANAL DE YOUTUBE:
https://www.youtube.com/channel/UC2iEqwY7G41bRMaW1XXZ0Sw?view_as=subscriber
Advice for learners on money related matters, includes, National Insurance, Tax codes & rates, minimum wage, interest rates, budget and debt advice. Activities included.
Commodity trade, Tax and Transfer Pricing 2015 Ruoh Yi Tham
Given the complex value chains and the scope of trading activities, commodity companies must constantly navigate through a myriad of international trade, tax and transfer pricing rules. Further, with changing Government positions on Tax liability, and ongoing developments in international tax reforms, Commodity companies nowadays face extensive risk.
This high level Expert briefing will provide tax planning, structuring and transactional advice to companies in any commodity trade business. Real life examples and case law analysis will be used to communicate tax law interpretation, transfer pricing approaches and how to manage investigations. More at Commodity Trade, Tax and Transfer Pricing, 2-3 September 2015, Singapore, www.commoditiestax.com
21st Business Presentation For NACSTACCS.pptxNACSTACCS
Our proficiency at NACSTACCS extends to the careful formation of companies, ensuring that startups establish a robust foundation for their entrepreneurial journey. We excel in precise cash flow forecasting, equipping clients with a dependable roadmap for making informed financial decisions. Our strategic business planning goes beyond the ordinary, integrating innovative strategies that set new standards in the ever-evolving business landscape.
https://www.nacstaccs.co.uk
Going global webinar-avalara-go_transverse final Gotransverse
With 75% of the world’s economic output outside of the US, many companies look to expand internationally in order to grow their business and ultimately shareholder value. But knowing where and how to go global is not as easy as looking at a map and buying a plane ticket. This webinar covers real-life experiences, best practices and potential implications for going global with your business.
Topics include:
-Understanding the why, when and where to start global expansion
-The HOW: act globally but think locally
-Considerations for success beyond regulations and compliance
-Taxation food for thought for the digital economy
Hélène is going to explain how to transform your food blog into a powerful brand. Branding can seem like a very daunting process but with some clear guidelines/examples and cheat sheets it can be made easy. She will take you through key branding principles when developing, growing, running your blog and explain how clear branding is really helpful when developing logos, website design, social media presence, PR pack… and approaching other brands.
Indy will be shedding a big spotlight on Trend spotting in this lightning talk with a focus on key areas including the future of supermarkets, lifestyle changes affecting food, new cuisines on the block and how bloggers can keep a finger on the trend pulse and influence new trends!
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
2. Who Are We?
IZABELA SUCHOMSKA
Izabela’s role as a tax consultant involves her
advising a wide range of businesses, from self
employed start ups to Hollywood actors,
entrepreneurial businesses and established
organisations. She combines all of this with being
a proud mum involving many hours at the side of
tennis courts watching her daughter compete.
She passed her Association of Taxation
Technicians (ATT) exams and was the winner of
the prestigious President’s medal awarded by the
Association. She is also a Chartered Tax Adviser.
Not bad, especially when English is your second
language!
Izabela graduated with a Masters in Foreign Trade
(Faculty of International Relations) at Poland’s
Cracow University of Economics in 2007 before
joining Nyman Libson Paul in 2008.
www.nlpca.co.uk2
KAREN MCDONAGH
Karen advises on a range of tax issues and has
amassed over 20 years worth of skills, knowledge
and experience as a tax consultant.
Her breadth of knowledge is complimented by the
broad range of clients seeking her expertise, not
only self employed individuals and
entrepreneurial businesses but also a touch of
glamour with sports personalities, through to
theatre, film and TV.
In her daily role at Nyman Libson Paul each
situation requires its own approach and advice
needs to be tailored to the client, which ensures
her day is always interesting.
Outside work, Karen is a busy mum and her family
life provides the perfect counter balance to the
technical demands of daily tax advice.
3. A Wealth of Experience
www.nlpca.co.uk3
Ever since Nyman Libson founded the firm in 1933, our goal
has been to provide our clients with a first rate service.
We have a varied portfolio of clients operating across most
business sectors. From the early days, many have been
involved in all aspects of the entertainment industry,
including theatre, film and television.
Whilst we have a leading understanding of private and
business taxation, we also have considerable experience
working within the property and charity sectors.
Exploiting the financial potential of your business or
personal assets is not simply a question of crunching the
right numbers or understanding the latest technical and
regulatory developments. You also need the support of an
experienced and imaginative firm of Chartered Accountants
that understands every detail of your personal
circumstances.
That is why so many individuals and businesses have turned
to NLP over the last 80+ years – and stayed with us.
Our clients know they will receive the care, speed and
quality of advice that they need to flourish in an increasingly
complex world along with a service level and delivery
standards that always exceed expectations.
4. Our POA
www.nlpca.co.uk4
• BUSINESS OR HOBBY
• OBLIGATIONS TO HM REVENUE & CUSTOMS
• TAXABLE / NON TAXABLE ITEMS
• DEDUCTIBLE EXPENSES
• PROFIT OR LOSS
• RECORD KEEPING
• Q & A SESSION
5. Business or Hobby?
FACTORS TO CONSIDER:
• MOTIVE
• FREQUENCY
• TRANSITION FROM HOBBY TO TRADE
• INTERACTION WITH PAYE IF YOU ARE ALSO AN EMPLOYEE
www.nlpca.co.uk5
7. Registration
FORM CWF1 - WITHIN 3 MONTHS OF
COMMENCEMENT OF TRADE (5 OCTOBER - NOTIFY
HMRC REQUIREMENT TO COMPLETE A TAX
RETURN)
PENALTIES FOR LATE REGISTRATION
COMPLETION OF TAX RETURNS
VAT
CHILD BENEFIT & TAX CREDITS
HM REVENUE & CUSTOMS
• FORM CWF1 – NOTIFY WITHIN 3 MONTHS OF COMMENCEMENT OF TRADE
• PENALTIES FOR LATE REGISTRATION
• VAT
• TAX CREDITS
www.nlpca.co.uk7
8. Self Assessment Tax Returns
TAX YEAR 6 APRIL - 5 APRIL
ANNUAL TAX RETURN - FILING DEADLINE:
PAPER - 31 October following the end of the tax year
ONLINE - 31 January following the end of the tax year
PENALTIES FOR LATE FILING:
£100 - 1 February following the end of the tax year
£ 10 - Further daily penalties for a max of 90 days (£900)
£100 - 31 July
www.nlpca.co.uk8
9. Income Tax
PERSONAL ALLOWANCE - 2015/16 £10,600 (tax free) restricted on income > £100k
TAX RATES:
£0 - £31,785 20%
£31,786 - £150,000 40%
OVER £150,000 45%
PAYMENT DATES:
31 January during the tax year
31 July following the end of the tax year
INTEREST & SURCHARGES
www.nlpca.co.uk9
10. National Insurance
• CLASS 2 – FLAT RATE OF £2.80 A WEEK ON PROFITS OF £5,965 OR MORE
• CLASS 4 – 9% ON PROFITS BETWEEN £8,060 AND £42,385
2% ON PROFITS OVER £42,385
• COLLECTION
• CLASS 3 VOLUNTARY - £14.10 PER WEEK
• DEFERMENT
www.nlpca.co.uk10
12. Child Benefit & Tax Credits
• ASSESSED ON THE HIGHER EARNER (regardless of who receives the benefit)
• AFFECTS INDIVIDUALS WITH TAXABLE INCOME IN EXCESS OF £50,000
• EARNINGS FROM BLOGGING WILL AFFECT THE LEVEL OF CHILD TAX
CREDITS AND WORKING TAX CREDITS
www.nlpca.co.uk12
13. Taxable Income
• ADVERTISING
• SPONSORED POSTS
• COMMISSION
• PAYMENTS IN KIND
• ENDORSEMENT
• SALE OF OWN PRODUCTS OR PRODUCTS RECEIVED
www.nlpca.co.uk13
16. Allowable Revenue Expenditure
• FOOD & DRINK (used in the trade)
• WEB HOSTING & UPDATING
• MARKETING & ADVERTISING COSTS
• BUSINESS CARDS
• POSTAGE & STATIONERY
• PHONE & INTERNET CHARGES
www.nlpca.co.uk16
17. Allowable Revenue Expenditure
• TRAVEL
• MOTOR EXPENSES
• RESEARCH COSTS
• PROFESSIONAL COSTS
• BANK CHARGES
• LEGAL & ACCOUNTANCY FEES
• PROFESSIONAL SUBSCRIPTIONS
• PRIVATE USE ADJUSTMENTS
www.nlpca.co.uk17
18. Expenses That Are Not Tax Deductible
• CAPITAL ITEMS:
Laptops
Hard Drives
Cameras
Cars/Bikes
These are covered by capital allowances
• ENTERTAINING
• NON BUSINESS TRAVEL COSTS
www.nlpca.co.uk18
19. Capital Expenditure
• DOMAIN NAME, DESIGN, HARDWARE & OPERATING SOFTWARE
(Functionality of website & creation of an enduring asset)
• IT EQUIPMENT – Laptops/Printers etc
• CAMERAS
• COOKING EQUIPMENT
• CARS
• PRIVATE USE ADJUSTMENT
www.nlpca.co.uk19
20. Use Of Home As Office
PROPORTION OF THE FOLLOWING COSTS:
• HEAT
• LIGHT
• WATER
• COUNCIL TAX
• INSURANCE
• MORTGAGE INTEREST/RENT
www.nlpca.co.uk20
21. Use Of Home As Office
SIMPLIFIED FLAT RATES
Based on business use per month:
www.nlpca.co.uk21
HOURS MONTHLY DEDUCTIONS
25 to 50 £10
51 to 100 £18
101 and over £26
22. Profit or Loss?
PROFIT:
• REPORTABLE ON TAX RETURN
• INCOME TAX/NIC PAYABLE
LOSS:
• REPORTABLE ON TAX RETURN
• INCOME & CAPITAL GAINS TAX RELIEFS AVAILABLE
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23. Record Keeping
• BROADLY 6 YEARS
• 2015/16 RETURN FILED BY 31 JANUARY 2017 – RECORDS MUST BE KEPT
UNTIL AT LEAST FEBRUARY 2022
www.nlpca.co.uk23
24. Nyman Libson Paul
Regina House
124 Finchley Road
London
United Kingdom
NW3 5JS
+0044(20) 7433 2400
+0044 (20) 7433 2401
mail@nlpca.co.uk
www.nlpca.co.uk
www.linkedin.com/nlpca
www.twitter.com/nlpca
Address
Telephone
Fax
Email
Web
LinkedIn
Twitter
Questions & Answers Session
karen.mcdonagh@nlpca.co.uk
020 7433 2447
izabela.suchomska@nlpca.co.uk
020 7433 2483
• Contents of this presentation are for INFORMATION PURPOSES
only and DO NOT constitute professional advice.
• You should ALWAYS TAKE independent professional advice
before acting on any of the information presented here.
• Nyman Libson Paul CANNOT be held responsible for any loss or
damage resulting from action taken or refrained from as a result of
information given during this presentation.
• Tax information is based on current legislation and this MAY
CHANGE in future.