Tip 8: VAT on Mileage…

In by devleadfreak


Notice: Undefined variable: post in /home/nextlevelbusinesscouk/nextlevelbusiness.co.uk/public/wp-content/plugins/testimonial-rotator/frontend-functions.php on line 110

Notice: Trying to get property 'id' of non-object in /home/nextlevelbusinesscouk/nextlevelbusiness.co.uk/public/wp-content/plugins/testimonial-rotator/frontend-functions.php on line 110

You can claim VAT back on the fuel part of mileage claims if you wish. Ensure you record your vehicle engine size and fuel type on claims to look up the advisory fuel rate for the car and keep petrol receipts which show enough fuel used.

Tip 7: Employee Expenses…

In by devleadfreak


Notice: Undefined variable: post in /home/nextlevelbusinesscouk/nextlevelbusiness.co.uk/public/wp-content/plugins/testimonial-rotator/frontend-functions.php on line 110

Notice: Trying to get property 'id' of non-object in /home/nextlevelbusinesscouk/nextlevelbusiness.co.uk/public/wp-content/plugins/testimonial-rotator/frontend-functions.php on line 110

Employee expenses can be a minefield. Ensure you employees ask for and submit VAT receipts to minimise the cost to you. At only £50 of expenses per month this could save you upto £100 per year per employee.

Tip 6: Amazon…

In by devleadfreak


Notice: Undefined variable: post in /home/nextlevelbusinesscouk/nextlevelbusiness.co.uk/public/wp-content/plugins/testimonial-rotator/frontend-functions.php on line 110

Notice: Trying to get property 'id' of non-object in /home/nextlevelbusinesscouk/nextlevelbusiness.co.uk/public/wp-content/plugins/testimonial-rotator/frontend-functions.php on line 110

Love Amazon? We do too. Set Up a business account to separate business purchases and also ensure you get VAT receipts for everything you buy. A £1,000 laptop is hiding £167 of VAT to reclaim. Better for everyone!

Tip 5: Personal & Entertainment…

In by devleadfreak


Notice: Undefined variable: post in /home/nextlevelbusinesscouk/nextlevelbusiness.co.uk/public/wp-content/plugins/testimonial-rotator/frontend-functions.php on line 110

Notice: Trying to get property 'id' of non-object in /home/nextlevelbusinesscouk/nextlevelbusiness.co.uk/public/wp-content/plugins/testimonial-rotator/frontend-functions.php on line 110

You can’t claim VAT back for business entertainment expenses or personal expenses. Staff entertainment however you can. We help you get this right every time.

Tip 4: Tax Accounts…

In by devleadfreak


Notice: Undefined variable: post in /home/nextlevelbusinesscouk/nextlevelbusiness.co.uk/public/wp-content/plugins/testimonial-rotator/frontend-functions.php on line 110

Notice: Trying to get property 'id' of non-object in /home/nextlevelbusinesscouk/nextlevelbusiness.co.uk/public/wp-content/plugins/testimonial-rotator/frontend-functions.php on line 110

Setup a separate bank account for taxes in your business. Put a third of anything that you get paid into it to cover VAT and Corporation tax and never worry about taxes again.

Tip 3: Bad Debt…

In by devleadfreak


Notice: Undefined variable: post in /home/nextlevelbusinesscouk/nextlevelbusiness.co.uk/public/wp-content/plugins/testimonial-rotator/frontend-functions.php on line 110

Notice: Trying to get property 'id' of non-object in /home/nextlevelbusinesscouk/nextlevelbusiness.co.uk/public/wp-content/plugins/testimonial-rotator/frontend-functions.php on line 110

No one likes bad debt. Take the sting out of it to the tune of 39% by claiming back any VAT (20%) on bad debts and reduce your corporation tax (19%). Speak to your client manager.

Tip 2: Automate VAT Payment…

In by devleadfreak


Notice: Undefined variable: post in /home/nextlevelbusinesscouk/nextlevelbusiness.co.uk/public/wp-content/plugins/testimonial-rotator/frontend-functions.php on line 110

Notice: Trying to get property 'id' of non-object in /home/nextlevelbusinesscouk/nextlevelbusiness.co.uk/public/wp-content/plugins/testimonial-rotator/frontend-functions.php on line 110

Simply the easiest way to pay VAT. Setup in your government gateway. Once setup don’t worry about late paying manually again and get an extra 3 days to pay. Result!

Tip 1: Ask…

In by devleadfreak


Notice: Undefined variable: post in /home/nextlevelbusinesscouk/nextlevelbusiness.co.uk/public/wp-content/plugins/testimonial-rotator/frontend-functions.php on line 110

Notice: Trying to get property 'id' of non-object in /home/nextlevelbusinesscouk/nextlevelbusiness.co.uk/public/wp-content/plugins/testimonial-rotator/frontend-functions.php on line 110

Always ask for a VAT receipt when you buy anything. Even a £3 coffee has 50p of VAT on it. One coffee a day is £130 saved a year!

One Click Payroll…

In by devleadfreak


Notice: Undefined variable: post in /home/nextlevelbusinesscouk/nextlevelbusiness.co.uk/public/wp-content/plugins/testimonial-rotator/frontend-functions.php on line 110

Notice: Trying to get property 'id' of non-object in /home/nextlevelbusinesscouk/nextlevelbusiness.co.uk/public/wp-content/plugins/testimonial-rotator/frontend-functions.php on line 110

We can make your payroll the easiest part of running your business by taking control of your payments too. All you need to do is click one button when we send it for review.

Did you know…

In by devleadfreak


Notice: Undefined variable: post in /home/nextlevelbusinesscouk/nextlevelbusiness.co.uk/public/wp-content/plugins/testimonial-rotator/frontend-functions.php on line 110

Notice: Trying to get property 'id' of non-object in /home/nextlevelbusinesscouk/nextlevelbusiness.co.uk/public/wp-content/plugins/testimonial-rotator/frontend-functions.php on line 110

We automatically check whether you are eligible for employers allowance, potentially saving you £3,000 per year without having to lift a finger.