Lesstax2pay
lesstax2payuk.bsky.social
Lesstax2pay
@lesstax2payuk.bsky.social
1 followers 1 following 10 posts
We are a family run accountancy practice based in the uk looking after start-up, small to medium businesses as well as individuals
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💡Tax Tip Monday
Got your logo on your hoodie or polo?
If it’s branded and worn for work, it could be tax-deductible.
✅ Must be exclusive to business use
✅ Must carry your logo
Build your brand. Shrink your tax bill.
#BrandedClothing #BusinessExpenses #UKTaxTips #Lesstax2pay
Tax headaches? You’re not alone.
👇 Drop your biggest challenge in the comments — we’ll be tackling these one by one in our upcoming posts.
#TaxTips #SmallBusinessSupport #LessTax2Pay #VAT #Payroll #Expenses #TaxHelp
Even if your business didn’t make a profit, HMRC still expects a return.
Filing keeps you compliant, avoids penalties, and ensures you’re ready to claim future reliefs.
✅ Stay informed
✅ Stay compliant
✅ Stay ahead
#TaxMyth #LessTax2Pay #SMBSupport #TaxTips #HMRCCompliance
Want more no-nonsense tax tips?
✅ Follow @LessTax2Payuk
✅ Ask us anything
✅ Let’s make tax simple.
#LessTax2Pay #TaxMadeSimple #SMBSupport
👥 PAYE (Pay As You Earn)
If you’ve got employees, you’ll deduct their tax and NI from wages and send it to HMRC.
💳 It’s payroll, but with rules.
#PAYE #PayrollTips
📋 VAT Returns
If you’re VAT-registered, you report how much VAT you’ve charged and paid.
🔁 Usually done every 3 months. HMRC wants the numbers, not the drama.
#VATReturns #SmallBusinessUK
🏢 Corporation Tax
If you run a limited company, this is the tax on your profits.
💼 It’s separate from your personal tax and currently sits at 25%.
#CorporationTax #BusinessFinance
📝 Self-Assessment
HMRC’s way of letting you tell them how much you earned and what tax you owe.
📅 You file it once a year—usually by 31 Jan.
#SelfAssessment #HMRC
💸 Allowable Expenses
These are costs you can subtract from your income before calculating tax.
🧾 Think: travel, software, rent—if it helps run your business, it might be deductible.
#AllowableExpenses #TaxRelief