Ridgefield Consulting's Accounting Advice

Dec 23 2023

Ridgefield Consulting's Accounting Advice Podcast artwork

Ridgefield Consulting bring you exciting new audio articles covering the most talked about topics from our website. The articles, read by our very own team, provide an insight into the hot topics our clients often ask about, in an easy to listen format that you can take anywhere! For more content, we regularly update the 'advice and news' page on our website with the latest accounting news.

Subscribe on Podcast Addict

What are the 2023 R&D Tax Credits changes?

Dec 23 2023 12 mins

If you've been investing in research and development for the past few years, or you're considering a research and development project for the first time, then be aware of the big changes that came about in 2023. Not only did the Chancellor change the process of applying, he's also changed how much you can claim and on what. In this episode, Lauren will cover the key changes. Access

Tax guide on buying investment property through a limited company

Dec 23 2023 21 mins

Could you really make more rental profit by owning investment through a limited company? Well, the answer is, it depends. In this episode, Ellie weighs up the different scenarios and explains in what instances you could make a lot more through owning your property portfolio through a limited companies, as well as warns you of some potential downfalls. Access the full article which

Step by step on how to set up your own limited company in the UK

Dec 23 2023 18 mins

For any aspiring entrepreneurs, listen to this episode for a step by step guide on everything you need to know on how to set up your own limited company. Ellie will go through the different options available to you as well as share essential need-to-know information for before you get started. Access the full article which is regularly updated here: https://www.ridgefieldconsulting

How to use salary sacrifice for your business

Dec 23 2023 13 mins

Want to find out how you can lower your corporation tax bill whilst keep your employees happy? Did you know that there are select salary sacrifice schemes which are approved by HMRC which means they do not attract P11d tax unlike other workplace benefits? In this episode, Kizzy goes over the different available schemes you can use and how they benefit both your business and your em

How to claim employment allowance

Dec 23 2023 11 mins

If you're thinking about whether you can afford to hire employees for your business, then listen to this episode to find out about employment allowance. Kizzy explains how it works and how much you could claim. Access the full article which is regularly updated here: https://www.ridgefieldconsulting.co.uk/tax-guides/how-to-claim-employment-allowance/For more content like this, visi

How voluntary VAT registration can benefit your business

Dec 23 2023 14 mins

There are pros and cons to becoming VAT registered, but ultimately, if you're looking to grow your business then learn how you can take advantage through voluntary VAT registration. Lauren explains how. Access the full article which is regularly updated: https://www.ridgefieldconsulting.co.uk/tax-guides/voluntary-vat-registration/For more content like this, visit the 'Tax Guides' p

How to get tax relief for trading losses when you're self-employed

Apr 20 2023 16 mins

In this episode, Simon explains what tax relief is available if your sole trader business hasn't gone as well as planned. When you make a loss, you can claim tax relief. Simon will outline the rules when it comes to offsetting loss in the current tax year, carrying it forwards, or carrying it back. Access the full article which is regularly updated: https://www.ridgefieldconsulting

How to take out dividend from a limited company

Apr 20 2023 8 mins

In this episode Kizzy explains how a company director can withdraw cash from their limited company through dividends. She'll go through a step by step guide as well as go over the pros and cons of issuing dividends. Access the full article which is regularly updated here:https://www.ridgefieldconsulting.co.uk/tax-guides/how-to-take-out-dividends-from-my-limited-company/For more con

How to spread out your personal tax bill payments

Apr 20 2023 6 mins

In this episode, Kizzy explains the different ways you can split up your income tax bill throughout the year to help you pay for the total bill come 31st January. Spreading out the costs can make paying for your tax much more manageable. Learn about the ones that you can arrange yourselves, and the ones that HMRC will automatically enrol you onto so that you're not caught out. Plea

10 Advantages of completing your tax return early

Apr 20 2023 7 mins

In this episode, Ellie shares 10 tips on why there are advantages to completing your tax early. From practical advantages such as avoiding fines, maximising tax strategies, and securing a mortgage, to more personal benefits such as not feeling stressed, having to waiting on a call queue and being able to budget better. Access the full article which is regularly updated: https://www