Starting the year with a profit plan is like starting a diet on January 1st… it looks great on paper until reality hits. Profit isn’t about wishful thinking — it’s about knowing your numbers and fixing the leaks early.

Most directors either overclaim training costs — or don’t claim them at all. Both mistakes quietly cost money. The rule HMRC uses is simple, but rarely explained. Get it right and training becomes a safe, powerful tax deduction. Get it wrong and it’s one of the first expenses HMRC will challenge.

A hidden detail in the Budget reveals a major shift coming in 2029: employees with side hustles will be forced into earlier tax payments through PAYE. This change could squeeze cash flow, create unfair differences between taxpayers, and push small businesses closer to Making Tax Digital. Here’s what you need to know—and how to prepare.

VAT in construction is often a minefield—different rates, complex rules, and the domestic reverse charge can easily trip up even experienced firms. This guide breaks down the essentials: when to register, how to apply the correct VAT rate, and what the reverse charge means for contractors and subcontractors. By mastering the basics, construction companies can protect their margins, stay compliant with HMRC, and avoid costly disputes.

Account reconciliation is a critical task for maintaining accurate financial records. It ensures that the balances in your accounting system match the actual amounts in your bank accounts, credit cards, or other financial statements. I will guide you through the essential account reconciliation steps, explaining why each is important and how to perform them effectively.

Charging your company interest on a director’s loan is one of the most effective — and least talked about — ways to extract profit tax-efficiently. When structured correctly, you can combine the savings starter rate, the personal savings allowance, and your personal allowance to receive interest payments with little to no tax. Here’s how to maximise the benefit while keeping HMRC firmly onside.

Learn how directors can use the trivial benefits exemption correctly. Understand the £50 per gift rule, the £300 cap, and how to avoid HMRC pitfalls.

Dealing with unpaid tax can be stressful. It is important to address the issue quickly and effectively to avoid further complications. I will guide you through the steps to resolve unpaid tax with HMRC. This guide provides clear, practical advice to help you manage your tax obligations and maintain good standing with HMRC. Understanding Your Tax Situation Before taking any action, you need to understand your tax situation fully. This means reviewing your tax returns, payments

Managing finances is a critical part of running a successful business or handling personal tax matters. Understanding the role of professional accounting services can help you make informed decisions. These services offer more than just number crunching. They provide strategic advice, ensure compliance, and help optimise your financial position. In this article, I will explain the key benefits of professional accounting services and how they can support your financial goals.

Cash flow challenges are common in the construction industry, especially when unexpected bad debts arise. This article explains how small business owners and self-employed contractors can stay on top of VAT obligations, avoid penalties, and set up payment arrangements with HMRC when funds are tight.

With just five months left before the end of the tax year, now’s the perfect time for small business owners and the self-employed to get organised. From reviewing your income and expenses to making strategic purchases and planning pension contributions, this checklist will help you finish the year strong and start the next one on solid financial footing.

As Christmas approaches, many construction business owners want to thank their loyal customers and hardworking staff with festive gifts. But before you start wrapping those hampers, make sure you understand the VAT rules. From the £50 gift limit to issuing tax certificates, knowing what you can and can’t reclaim will help you stay compliant — and keep your generosity tax-efficient this Christmas.

Seven actionable, accounting‑led steps to strengthen short‑term liquidity for small businesses in 2025, including a 13‑week cash forecast, receivables automation, supplier negotiation and sensible short‑term finance use

You’ve taken on a youngster as a general assistant for your business. The role includes making local deliveries for which your firm provides a motorbike. This could trigger unexpected tax and NI charges. What steps can you take to avoid them? Employer-provided assets The private use by a director or employee of an asset provided by their employer usually results in an income tax charge on a benefit in kind for the individual and a Class 1A NI bill for the employer. This appli

Understanding financial concepts is essential for making informed decisions that affect your business and personal finances. One of the most important concepts to grasp is financial interest. It plays a crucial role in loans, investments, savings, and overall financial planning. In this article, I will share key insights about financial interest, explaining its significance and practical applications. This knowledge will help you manage your finances more effectively and make

Leasing a company car can look like a tax treat — lower upfront costs, VAT recovery, and steady cash flow — but it’s not always the best option. The right choice depends on how you use the car, its CO₂ emissions, and whether you want ownership in the end. Here’s how to tell if leasing really saves you tax… or just looks sweet on the surface.

Dealing with tax matters can be challenging, especially when you face unpaid tax issues. It is important to address these problems quickly and effectively to avoid further complications. This post will help you understand your options and take control of your financial obligations. How to Resolve Unpaid Tax Issues Resolving unpaid tax issues requires a clear plan and prompt action. Ignoring the problem will only make it worse. Here are some steps you can take: Review your tax

HMRC is bringing back its power to take money directly from bank accounts for unpaid tax over £1,000. Find out who’s at risk, what safeguards are in place, and how to avoid being caught out.

In business, truth and transparency aren’t optional—they’re essential. At B R Pusser & Co Ltd, we help you keep finances clear, make wise decisions, and build lasting trust.

More landlords are considering limited companies for their buy-to-let portfolios. This approach can offer tax advantages, asset protection, and inheritance planning benefits — but it also comes with higher costs and compliance responsibilities. Find out whether incorporating your property business could work for you.