Tax tips

/Tax tips
24 11, 2016

Your self assessment tax return made easy

By | November 24th, 2016|Tax tips|Comments Off on Your self assessment tax return made easy

Every year, millions of people leave it until deadline day at the end of January to file their tax returns. Earlier this year, we wrote about a blunder HMRC made which resulted in an estimated 3.2 million callers not getting the advice they needed to complete tax returns accurately. […]

9 09, 2016

Taking money out of a Limited Company

By | September 9th, 2016|Tax tips|Comments Off on Taking money out of a Limited Company

There are three main methods for taking money out of a limited company from your business: […]

19 08, 2016

Dividend taxation and other financial news

By | August 19th, 2016|Tax tips|Comments Off on Dividend taxation and other financial news

Although it may feel the summer is only just beginning, we like to keep you up to date with financial news and our autumn update is ready! […]

13 06, 2016

Have I paid too much tax? HMRC blunder affects millions

By | June 13th, 2016|Tax tips|Comments Off on Have I paid too much tax? HMRC blunder affects millions

Last year, HMRC aimed to move more customers online to reduce the demand for postal and telephone contact and reduce staff costs. Unfortunately, before the new system was fully up and running, 5,500 staff were released from their jobs but the amount of phone calls did not decrease, leading to ‘a collapse in service quality.’ […]

18 05, 2016

How much would you pay for total peace of mind?

By | May 18th, 2016|Tax tips|Comments Off on How much would you pay for total peace of mind?

Spring is well and truly here. Baby birds are leaving their nests, trees are full of new growth and the world feels alive with life. So today we’re covering a topic few of us want to talk about. […]

8 03, 2016

Relevant Life – The personal life insurance policy that makes sense and saves you money

By | March 8th, 2016|Tax tips|Comments Off on Relevant Life – The personal life insurance policy that makes sense and saves you money

We’re often asked about tax deductible limited company expenses, so today’s post will be of interest if you’re seeking a little-known way to reduce your tax bill. Up to now you may have taken out a life assurance policy that is funded from your own personal taxed income. Safehands are pleased to offer a new product – Relevant Life – where the premium is paid for by your business instead, offering a number of money saving benefits. […]

9 02, 2016

Dividend tax rate 2016 – what George Osborne has to say…

By | February 9th, 2016|Tax tips|Comments Off on Dividend tax rate 2016 – what George Osborne has to say…

According to the Chancellor “You are central to our country’s future “ In his keynote speech at the Federation of Small businesses policy conference last week, George Osborne spoke about government policy and what they could do to further support small business owners. […]

20 01, 2016

Buy-To-Let – The Boom Days Are Over…

By | January 20th, 2016|Tax tips|Comments Off on Buy-To-Let – The Boom Days Are Over…

In one of the most controversial Autumn Statements to date, Chancellor George Osborne issued tax hikes for Britain’s Buy-To-Let landlords. The idea was to tackle Britain’s housing crisis; where younger people are finding it impossible to get on the property ladder and are forced to rent. Osborne said “Frankly, people buying a home to let should not be squeezing out families who can’t afford a home to buy.” […]

15 12, 2015

Four simple ways to save money on your tax bill

By | December 15th, 2015|Tax tips|Comments Off on Four simple ways to save money on your tax bill

One of the number one questions we’re asked is “How can I reduce my tax bill?” Although the answer is pretty complex, and gets more complicated the bigger your business, we thought we’d share some simple ideas you could implement today for your own small business. […]

13 10, 2015

There are only two certainties in life – today we’re talking about one of them…

By | October 13th, 2015|Tax tips|Comments Off on There are only two certainties in life – today we’re talking about one of them…

At Safehands, we’re here to help you manage your finances and maximise profits. We’re passionate about helping you succeed in ALL areas of your business. Once you get your business right, it will have positive knock-on effect on other aspects of your life. […]