In yet another U-turn, the UK government has introduced a significant change in the tax treatment of double cab pick-up vehicles (DCPUs) and company car tax, following a recent Court of Appeal judgment. This ruling affects how DCPUs will be classified for tax purposes starting in 2025. There is also new legislation targeting car ownership…
With the first budget now delivered by the new Labour Government, let’s take a look at the key points that have been raised; The freeze on income tax and National Insurance thresholds will end in 2028, preventing people from being pulled into higher tax bands as their wages rise. Businesses will have to…
Tax planning is all about helping individuals and businesses manage their taxes and make smart financial decisions, by evaluating factors like income sources, investments, expenses and potential deductions. The goal is to not only reduce tax obligations but to also maximise the benefits and advantages available under the UK tax Laws. The Basics The UK…
Have you recently set up a limited company? Are you thinking about setting up a limited company? Are you a director of a limited company and not sure of your responsibilities? There are many company director responsibilities. In this blog we’ve highlight the most important responsibilities and provided some answers to FAQs. Company Directors Responsibilities…
As a small business owner, you can get caught up in the short-term plans, growing your business, managing cashflow and dealing with the day to day of your business. However, have you ever thought about planning for the future? Before you know it, there won’t be much time left to plan and give yourself the…
Do you worry about how you’re going to pay your tax bill? Do you dread the January deadline? In this blog we outline some hints and tips on budgeting for your tax bill. How do you even start to think about budgeting for your tax bill? The best way to look at it is to…
Are you struggling to find the right productivity tips? Do you think you could be doing a lot more on your business but not sure how to get there? If you’re figuring out how to increase productivity in your business, then this blog is for you. For a business to be successful it needs…
Here at Bickerstaff & Co, we want to help where we can to make sure you free up your time. As a business owner, you can get bogged down under the administration that comes with running a business. We can help take care of the bookkeeping and accounts, allowing you to free up your time….
How much is my business worth? Valuing your business can help you focus on areas for improvement. In this blog we aim to answer a few questions you may have about valuing your business. Hopefully then helping you answer the question, how much is my business worth? So, how do you even value a…
The cost of living crisis has made it more difficult for small business owners to stay profitable and afloat. In order to survive, it is essential to streamline your business as much as possible. Fortunately, there are a few ways to help make your business more efficient and save you time and money. In this…