Maximise Profits, Minimise Taxes and Gain Invaluable Business Insights
The recent increase in corporation tax rates has left many business owners contemplating ways to minimise their taxable profits. One potential solution worth considering is making pension contributions. Not only can this help you plan for your own retirement, but it can also reduce your corporation tax liability. However, to make well-informed decisions about your […]
A Complete Guide to Pension Reforms – April 2023 Read More »
The Corporate Finance Network today announces that they have invited Johnston Wood Roach to join their specialist accountancy network of corporate financiers. JWR, based in Waterlooville, Hampshire, is a team of 3 directors and almost 30 staff and offers specialist services including audit, tax, business services and corporate finance. Jamie Roach and Kate Wood lead
Johnston Wood Roach Join The Corporate Finance Network Read More »
In this article, I will highlight some of the key points from the budget, including changes to tax rates and new incentives for businesses. I hope you find this summary helpful, please don’t hesitate to reach out if you have any questions or concerns. Full Expensing to replace the Super Deduction This policy will replace
Johnston Wood Roach has formed a partnership with Capitalise, a financial platform that assists businesses in raising, recovering, and safeguarding capital. This collaboration provides additional support to business owners as they navigate difficult trading conditions and market challenges. The partnership with Capitalise offers two main areas of support for clients of Johnston Wood Roach: funding
Johnston Wood Roach Partners with Capitalise Read More »
Management accounts provide more detailed and up-to-date information on a company’s financial performance than traditional financial statements. They are typically prepared on a monthly or quarterly basis and used by managers to make informed decisions about the future of the company. In this article, we will explore what management accounts are and why they are
Management Accounts: What Are They and Why Are They Important? Read More »
Starting from 1st January 2023, the VAT penalty regime in the UK has undergone significant changes. The previous default surcharge has been replaced by new penalties for late submission of VAT returns and payment of VAT. These changes are designed to encourage businesses to comply with their VAT obligations in a timely manner, while providing
The New VAT Penalty Regime and how this may affect late submissions Read More »
A question I get asked all the time is: ‘What can I take out of my business?’ and ‘how do I save more tax?’ Well, the quick answer is, ‘there’s up to 32 ways to get value out of your business, tax efficiently.’ Yep, that’s a lot of ways ⬇️ But the truth is, not
32 Ways to Get the Maximum Value out of your Business Read More »
There’s an unspoken truth when it comes to tax advice: for business owners, there’s a complete lack of transparency from advisors over what tax advice actually is. This means as a business owner: …..you don’t know what to expect from your accountant …..you don’t know if you are getting all the advice you need But
You’re not getting the tax advice you need Read More »
Every business owner has a real-life number. It is everything behind the scenes, that you are working towards in your real life, things like your next house, next big investment, or your pension pot. This real-life number can and should be linked with everything that the business is working towards. It is the key to
What is your real-life number Read More »
