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We love tax! Honest…!

What's the difference between me and you? According to HMRC, 2% of people who filed their tax return last year claimed for underwear! Here at Mirandus, we wouldn't make that mistake, honest! As a Chartered Tax Advisory practice we live, breathe and keep up-to-date on all UK tax law, and what's more, we use our tax expertise, business experience and technology to help our small business clients thrive and grow.  [...]

By |2020-01-07T10:49:00+00:00January 7th, 2020|Business planning, limited company, Personal tax, Start-ups, Tax|

Happy New Year from Mirandus!

Team Mirandus wishes you a prosperous and peaceful 202o! This is a good time of year to detox after the excessives of Christmas and New Year celebrations but also a great opportunity to detox your finances too, both personally and in your business. Are you happy with your finances? And if not, what positive changes can you make in 2020? Whether you want to achieve growth in your small business, [...]

Small Business Essential Calendar 2020

Another year is almost over and hopefully some R&R in store for all small business owners but also a chance to get organised for 2020 and hit the ground running in January.  To save you time, we have provided the small business essential accounting and tax calendar for 2020, an early Christmas present from Team Mirandus - you're most welcome! Some of the dates may change year-to-year but the deadlines [...]

By |2019-12-17T12:04:18+00:00December 17th, 2019|Business planning, limited company, MTD, Personal tax, Sole trader, Tax, VAT|

Children and Tax, what options do I have?

Did you know that every child in the UK has their full Personal Allowance they can utilise before they reach 16 years of age? We look at the various tax efficient options available to you to utilise your children's personal allowance each tax year, helping save for their future and into adulthood. Children and Tax, what options do I have?

By |2019-12-12T18:25:25+00:00December 12th, 2019|Business planning|

Can I claim entertainment as a business expense on my tax return?

Business entertaining when you are self-employed or a small business could very well be a major part of your business development, helping to establish and grow your business relationships to help your small business grow and thrive.  Claiming tax relief on your entertainment is a complex and grey area, read on to find out more. […]

By |2019-11-19T09:06:03+00:00November 19th, 2019|Business planning, Personal tax, Sole trader, Tax|

Do you have a good excuse for missing the Self Assessment deadline?

Did you know that HMRC estimates that almost half a million small businesses and self employed individuals miss the Self Assessment deadline every year? If this sounds like you, you will already be well aware of the penalties that HMRC impose for delayed returns, and you may well be wondering how best to avoid the immediate £100 penalty and get back in the good books of the taxman. HMRC publish [...]

By |2019-11-13T08:10:13+00:00November 13th, 2019|Uncategorized|

What are Flat Rate Expenses and can I claim them?

Many employees of small businesses are entitled to Flat Rate Expenses but not a lot of people are not aware of this valuable tax relief.  Thousands of pounds in Flat Rate Expense Tax Credits go unclaimed every year, are you or one of your staff one of those missing out? So, what are Flat-Rate Expenses? A Flat Rate Expense is a tax relief that is available for particular occupations and [...]

By |2019-11-08T09:51:39+00:00November 8th, 2019|Uncategorized|