by Kristina Madesen | Oct 1, 2024 | Accounting
With just 85 days until Christmas, it’s a good time to remind you about deductible expenses for festive and annual events. It’s the ideal moment to ensure you can maximise tax deductions for your Christmas party. One common perk for employees is the...
by Kristina Madesen | Sep 24, 2024 | Accounting, Personal Accounting, Tax
Filing a personal tax return can seem like a labyrinthine task, especially if you’re new to it or your financial situation has changed. Here are some essential tips and insights for your Personal Tax Return Who needs to file? Not everyone is required to file a tax...
by Kristina Madesen | Sep 18, 2024 | Accounting, Personal Accounting, Tax
How confident are you in completing your tax return? Many taxpayers miss out on valuable opportunities to maximise their tax position simply because they’re unaware of the strategies available to them. Around £500 million in tax refunds go unclaimed each year due to...
by Kristina Madesen | Sep 8, 2024 | Accounting, Uncategorised
Managing your business’s finances effectively requires a clear understanding of the different types of expenses you incur. Two key categories that often cause confusion, capital vs revenue expenses, are crucial to grasp. Although both are vital to your business, they...
by Kristina Madesen | Aug 19, 2024 | Accounting
When was the last time you gave your business a thorough financial health check-up? Just like with your physical health, regular financial check-ups are essential to ensure your business is on the right track and to prevent any unexpected issues from arising. But how...
by Kristina Madesen | Aug 5, 2024 | Accounting, Personal Accounting, Tax
Filing a personal tax return can be daunting, especially with the intricate details and rules involved. Even a small error can lead to fines or missed tax-saving opportunities. That’s why we’re here to help you avoid these common pitfalls. At BAS, we...
