Client profile: Trisoft
Established in 1979 and employing 74 staff, Nottingham-based technology company Trisoft has worked with Clayton & Brewill's Neil South since 2012, and is growing quickly, with four regional offices across the UK. For this month's client profile, we spoke to the team at Trisoft to find out about one of the most pressing IT challenges faced […]
GPs – should you form a limited company?
Stagnating profits and hefty tax bills mean that our GP and locum doctor clients often ask us if they should consider incorporating their GP practice into a limited company. Yvonne Jackson, head of Clayton & Brewill’s specialist GP team, weighs up the pros and cons of incorporation from a tax and compliance perspective. Tax savings are most […]
Client profile: Little Grippers
Each month we will feature a Clayton & Brewill client. This month we take a look at Little Grippers and their innovative stay-up-socks! Little Grippers is a Nottingham based business that was launched in 2013 after months of development and testing. The brand is the brain child of husband and wife team Adrien and Rachel […]
‘The dog ate my tax return’
HMRC reveals top 10 terrible excuses for not filing a tax return on time. HMRC have revealed their latest list of the top 10 worst excuses for missing the 31 January self-assessment tax return deadline: My pet dog ate my tax return…and all the reminders. I was up a mountain in Wales, and couldn't find […]
Fright hikers raise thousands for charity
Clayton & Brewill’s Neil South and his intrepid team have raised over £2,000 from their endeavours in the Sherwood Forest Fright Hike on 25 October, completing the 30 kilometre night time walk in just five hours. The team was raising funds for Portland College to help buy wheelchairs for disabled athletes at the college. To donate to […]
£10k boost for GP practice
Clayton & Brewill’s GP specialist Yvonne Jackson has helped a GP practice to secure a much needed £10,000 boost to its cash-flow through identifying unclaimed-for drug payments. Yvonne explains. Many small and single-handed GP practices are facing falling income levels and challenging times in terms of cash-flow and some have taken the unwelcome step of dispensing […]
Fright Hikers to raise funds for Portland College
Clayton & Brewill's Neil South has signed up for the Sherwood Forest 'Fright Hike' in a bid to raise funds for Portland College. Definitely not for the faint-hearted, the 30k nighttime trek takes the hikers through the scariest parts of Sherwood Forest in the pitch black as Neil explains: 'I am part of a team […]
Make the most of your capital allowances
Doug Perry of Nottingham chartered accountants Clayton & Brewill encourages businesses to take advantage of the current generous limits for capital allowances. Capital allowances help you to reduce your tax bill, by allowing you to write off the cost of purchasing qualifying items against the taxable income of your business. Since April 2014, businesses have […]
Six tips for farmers and rural businesses
Clayton & Brewill’s farm accountancy specialists share six tips to help farmers pay less tax and manage their accounts effectively. Despite the difficult weather over the past three years, farming has generally survived the recent recession well, proving to be one of just a handful of industries to deliver ongoing growth. Against the backdrop of […]
Buy to let landlord – what is my profit?
It sounds like a simple enough question but calculating your trading profit as a buy to let landlord isn’t always easy, and HMRC can be hot on the heels of those who get it wrong. Doug Perry of Nottingham chartered accountants Clayton & Brewill explains the costs that landlords can offset against their tax bill. Capital vs revenue […]