Want to pay less tax? Learn about Business Allowances

You could be entitled to tax deductions

HM Revenue & Customs (HMRC) has released a short online video which gives a jargon-free overview of various forms of Business Allowance. It features a case study which takes us to the home of a family-run partnership called Sanco who produce school uniforms. But this video certainly isn’t a case of ‘back

to school’ – it’s much more ‘a stitch in time…’

To learn more about the rules and regulations concerning deductions, reliefs and allowances that you may be entitled to, simply spend a few minutes watching this video presented by Dan Snow – it could be well worth your while.

If you want further information about tax simply visit businesslink.gov.uk/hmrctaxhelp. Choose from bite-size videos and guides for small businesses, including information about setting up in business, employing people and keeping records.

Tags: accountants, business consultants, management & business consultants, tax, tax advisers