Olivia Gehring – Companion Accountancy

a building contractor looking at a piece of paper from a folder labelled "tax"

Year-end tax planning strategies for small business owners and contractors

As the tax year draws to a close, it’s the perfect time for small business owners and contractors to take stock of their financial position and adopt effective tax planning strategies. Thoughtful preparation can not only reduce your tax liability but also ensure you’re making the most of available reliefs and allowances. Companion Accountancy is […]

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The effects of taking a Bounce Back Loan

Leave a Comment / Cashflow, Small Business, Tax Planning

The Bounce Back Loan provided stability and reassurance for many small businesses during Covid-19; the effects are still being felt today. The Bounce Back Loan Scheme (BBLS), introduced by the UK government during the Covid-19 pandemic, offered a lifeline to many contractors and small businesses struggling with cash flow issues. However, now that the initial

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How to Keep on Top of Your Bookkeeping

Accounting and Company Tax, Small Business

A P11D is the form used to report benefits in kind paid to directors and employees which have not been subject to PAYE tax. In this article we’ll look in detail at what you need to know.

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