Mileage Most businesses are better off claiming mileage than motor expenses. You can claim up to 45p for the first 10,000 miles each year and 25p thereafter. This is much higher than the cost of fuel. Work from Home? If you work from home, make sure you claim for it. HMRC have a slightly complicated calculation whereby you times your utility bills by the number of rooms in your house and apportion that cost. You can claim £5 per week and sometimes more if you work from home a lot. If in doubt, ask your accountant. VAT You don’t have to be over the VAT threshold to VAT register. If you are working with VAT registered businesses you should be registered too. You can charge them VAT on top of y

The moment I realised I really am an accountant… Well, I’d ordered my exciting new purchase from Amazon and I couldn’t wait for it to arrive. The postman came, I ran downstairs as quick as I could not wanting to miss him and have to collect it from the sorting office. It felt like Christmas day; I couldn’t wait to use my stylish new present… so here’s my new rotary business card holder! Well that’s all for now guys & gals. The boring but useful stuff... RTI Payroll reports If you are an employer and haven’t been submitting your monthly RTI payroll reports make sure they’re all filed and up to date by 5th October 2014. HMRC have delayed sending out late penalty notices and if all reports from