expenses Archives | Taxfile https://www.taxfile.co.uk/category/expenses/ Tax advice & accounting services for South London businesses & SMEs Thu, 13 Mar 2025 13:32:45 +0000 en-GB hourly 1 Are you self employed? Advice from Taxfile https://www.taxfile.co.uk/2021/06/self-employed-advice/ Wed, 09 Jun 2021 10:17:33 +0000 https://www.taxfile.co.uk/?p=5878 Are you self employed? If so, Joe from Taxfile has some quick advice for you: Class 2 National Insurance It is important to register for Class 2 National Insurance. A lot of people don’t have this set up correctly and, if not sorted, then it can greatly affect your pension in the future. Class 2 […]

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Small Trader? Make the Most of These 2 Allowances! https://www.taxfile.co.uk/2020/10/small-trader-allowances/ Fri, 09 Oct 2020 09:15:51 +0000 https://www.taxfile.co.uk/?p=4665 Small trader? Make the most of these 2 allowances!

Small traders with very modest incomes are currently eligible for a couple of very useful allowances. Both of these could save them money — and some paperwork ...

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A Great Choice of Cloud-based Accounts Software Packages https://www.taxfile.co.uk/2016/04/cloud-based-accounts-packages/ Fri, 08 Apr 2016 13:43:03 +0000 http://www.taxfile.co.uk/?p=1941 Sign Up & Your Favourite Charity Gets £25 Too! [UPDATE: Please note that this offer has now expired]. If you are a limited company client that signs up to a new cloud accounting software subscription from Taxfile, we’ll donate £25 to your favourite charity. So, as well as saving yourself time and making your life […]

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AMAZING OFFER! Save Time, Money & Space with a FREE Sage Bookkeeping & Accounts Package!* https://www.taxfile.co.uk/2016/01/free-sage-bookkeeping-accounts-packages/ Thu, 14 Jan 2016 14:24:28 +0000 http://www.taxfile.co.uk/?p=1704 Free accounting software package[UPDATE: Please note that this offer has now expired]. Taxfile's customers can benefit from an incredible offer on a range of Sage accounting packages at the moment. We're offering a FREE or, in effect, heavily subsidised* Sage accounting package to all active Taxfile customers, whether existing or new. There are various different packages available so we're sure we'll have one which will suit every customer perfectly. The list of benefits is almost endless — here are just a few:

  • Firstly we'll GIVE* Taxfile customers the package — you don't have to pay Sage at all;
  • Say hello to quick and easy bookkeeping and record-keeping;
  • Quick and easy cash flow management tools;
  • Cloud-based record keeping means you can access accounts records from anywhere with an internet connection;
  • Automatic bank statement integration makes bank reconciliation a breeze, helping when receipts go missing and even recognising - and accounting for - regular transactions;
  • A mobile app module allows you to simply snap a photo of your receipt and it uploads to your Sage account (say goodbye to physical receipt storage!);
  • Less paperwork!
  • Automatic tax computations performed by the software;
  • Report and analysis options;
  • VAT handling;
  • Automatic VAT return options (or let us handle it for you as you prefer);
  • Shows you the taxes and National Insurance due so you can easily pay them on time;
  • Fast and easier tax returns;
  • Help from Taxfile at any point and from Sage's own helpful videos;
  • Helps you stay in line with UK laws, taxes and regulations;
  • No experience needed;
  • Perfect for the self-employed, start-ups and small businesses;
  • Taxfile will even be happy to set you up;
  • Integrated invoicing and quotation options available (even from your mobile phone!);
  • A quick and easy payroll bolt-on is also available for limited companies, with payslips, RTI, Auto Enrolment integration etc.;
  • Auto enrolment communications included if you have a company pension scheme;
  • Option to automatically integrate online e-commerce records into your Sage account;
  • Fast and easier company accounts preparation;
  • ... and much more!

But there is more major benefit - collaboration with us, your accountant!

The Sage packages we supply are not only free, or in effect heavily subsidised depending on the package involved, but also allow us, your accountant and tax adviser, to collaborate with you within your Sage package with your permission. So where you cannot do something yourself, we can log in using our own integrated Sage administration system to get involved on your behalf, for example to set things up for you, run reports, activate VAT returns, tax returns, end of year accounts, payroll and so on. It's amazing really! So you do as much or as little as you want to ... and we cover everything else!

You save money!

Using the easy but powerful Sage bookkeeping and accounting packages supplied by Taxfile
means that you'll save money. It's as simple as that. Customers using such packages makes our job easier, reducing our chargeable hours working on your accounts, so quite simply saves you money!

You also save time!

Our Sage packages will save you SO much time you'll never look back! Once you've tried our Sage packages for a while you'll

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Get Sage One Cashbook (online accounts package) FREE! https://www.taxfile.co.uk/2014/12/get-sage-one-cashbook-free/ Tue, 23 Dec 2014 17:09:34 +0000 http://www.taxfile.co.uk/blog/?p=961 Sage online accounts package - free![UPDATE: Please note that this offer has now expired]. Get Sage One Cashbook FREE, only with Taxfile. If you are a Taxfile customer you can currently get this excellent online accounting and cashflow package totally free of charge. This is better than any special offer you'll find online for the same product and an additional benefit is that it allows us, your accountants and tax advisors, to collaborate with you within the package (with your permission of course), making managing your income, expenditure, tax accounting and bookkeeping absolute child's play. You can stop at any time; it'll cost you nothing either way.

Features & Benefits of Sage One Cashbook online include:

  • It allows you to record income & expenditure for your business quickly and easily;
  • Access your records from anywhere with an internet connection, any time;
  • No accountancy experience is necessary – it's simple;
  • Perfect for small businesses, sole traders, etc;
  • It allows you to

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    ]]> Taxfile passes HMRC inspection with flying colours! https://www.taxfile.co.uk/2014/11/taxfile-passes-hmrc-inspection/ Mon, 17 Nov 2014 08:30:55 +0000 http://www.taxfile.co.uk/blog/?p=899 HMRC have recently been targeting tax agents who file high volumes of tax returns and, as one of the UK’s top 100 tax return preparers by volume, Taxfile had the honour of having an inspection by HMRC inspectors during late October. The two senior inspectors met all Taxfile staff who prepare tax returns and analysed […]

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    Online banking may save you money! https://www.taxfile.co.uk/2014/10/online-banking-may-save-you-money/ Wed, 22 Oct 2014 08:30:19 +0000 http://www.taxfile.co.uk/blog/?p=825 Do you have online banking? Sending us downloaded statement information straight from your online banking means we can more easily import the data into our system and check for expenses and income which might otherwise have been overlooked. It can also fill in the gaps where you are missing receipts or invoices. This simple service […]

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    Ministers of religion and their allowable expenses https://www.taxfile.co.uk/2010/02/ministers-of-religion-and-their-allowable-expenses/ Sat, 13 Feb 2010 11:35:00 +0000 http://www.taxfile.co.uk/new-Taxfile-WP-blog/?p=50 There are certain expenses that you can claim as a minister of religion as long as they are incurred wholly and exclusively for the duties of the office or employment. • The cost of ministry journeys from one place of work to another. • Also allowable are related costs of accommodation and meals. • Maintenance, […]

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    Clothing: Wholly and Exclusively for trade purposes https://www.taxfile.co.uk/2008/09/clothing-wholly-and-exclusively-for-trade-purposes/ Sat, 27 Sep 2008 09:33:00 +0000 http://www.taxfile.co.uk/new-Taxfile-WP-blog/?p=14 When dealing with self-employment expenses, great care needs to be taken. An expense needs to have incurred wholly and exclusively for the purpose of the trade in order to be considered allowable. Some expenses by their very nature have a non-trade use and so are disallowed by the Tax Man. So it is the case […]

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