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	<title>Harris Accountancy Ltd</title>
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	<link>https://harrisaccountancy.co.uk</link>
	<description>Accountancy services for companies and third sector organisations</description>
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		<title>Christmas gifts and vouchers for employees and customers</title>
		<link>https://harrisaccountancy.co.uk/2024/12/christmas-gifts-and-vouchers-for-employees-and-customers/</link>
		
		<dc:creator><![CDATA[HarrisAccountancy]]></dc:creator>
		<pubDate>Mon, 23 Dec 2024 08:37:59 +0000</pubDate>
				<category><![CDATA[All News]]></category>
		<guid isPermaLink="false">https://harrisaccountancy.co.uk/?p=11569</guid>

					<description><![CDATA[Christmas gifts and vouchers for employees and customers can have different tax, national insurance (NI) and VAT consequences depending on their value and purpose. HMRC sets specific rules for each category. &#160; &#160; Gifts to employees When businesses provide gifts or vouchers to employees, their tax treatment depends on whether they qualify as a ‘trivial [&#8230;]]]></description>
		
		
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		<item>
		<title>Extraction of profits in a tax efficient way</title>
		<link>https://harrisaccountancy.co.uk/2024/11/extraction-of-profits-in-a-tax-efficient-way/</link>
		
		<dc:creator><![CDATA[HarrisAccountancy]]></dc:creator>
		<pubDate>Wed, 20 Nov 2024 20:16:31 +0000</pubDate>
				<category><![CDATA[All News]]></category>
		<category><![CDATA[Our Services]]></category>
		<category><![CDATA[Personal Tax]]></category>
		<category><![CDATA[Tax]]></category>
		<category><![CDATA[dividend]]></category>
		<category><![CDATA[take salary]]></category>
		<category><![CDATA[tax saving]]></category>
		<guid isPermaLink="false">https://harrisaccountancy.co.uk/?p=11509</guid>

					<description><![CDATA[One of the most common questions we get from small business owners is, &#8220;How much can I take out from my business?&#8221; It’s a valid concern—after all, it’s your money, and you&#8217;re running your business to earn a salary in the most tax-efficient way. For sole traders and partnerships, the process is relatively simple. The [&#8230;]]]></description>
		
		
		
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		<title>Key points from the October 2024 budget</title>
		<link>https://harrisaccountancy.co.uk/2024/11/key-points-from-the-october-2024-budget/</link>
		
		<dc:creator><![CDATA[HarrisAccountancy]]></dc:creator>
		<pubDate>Tue, 19 Nov 2024 21:21:33 +0000</pubDate>
				<category><![CDATA[All News]]></category>
		<guid isPermaLink="false">https://harrisaccountancy.co.uk/?p=11533</guid>

					<description><![CDATA[Corporation Tax The headline rate of Corporation Tax remains at 25%. Full expensing for capital expenditure on plant and machinery continues, along with the £1 million Annual Investment Allowance (AIA). Capital Allowances The existing full expensing measures are maintained, providing a 100% first-year allowance for qualifying plant and machinery. The £1 million Annual Investment Allowance (AIA) remains in [&#8230;]]]></description>
		
		
		
			</item>
		<item>
		<title>What is a CIC?</title>
		<link>https://harrisaccountancy.co.uk/2024/11/what-is-a-cic/</link>
		
		<dc:creator><![CDATA[HarrisAccountancy]]></dc:creator>
		<pubDate>Tue, 19 Nov 2024 21:14:45 +0000</pubDate>
				<category><![CDATA[All News]]></category>
		<guid isPermaLink="false">https://harrisaccountancy.co.uk/?p=11535</guid>

					<description><![CDATA[What is a Community Interest Company (CIC)? A Community Interest Company (CIC) is a type of social enterprise in the United Kingdom designed to benefit the community and achieve a social purpose. Unlike traditional businesses, CICs are not-for-profit entities, meaning any profits they generate must be reinvested back into the organisation or used to further [&#8230;]]]></description>
		
		
		
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		<title>Virtual Finance Office services VS Hiring In-House</title>
		<link>https://harrisaccountancy.co.uk/2024/11/virtual-finance-office-services-vs-hiring-in-house/</link>
		
		<dc:creator><![CDATA[HarrisAccountancy]]></dc:creator>
		<pubDate>Tue, 19 Nov 2024 21:11:38 +0000</pubDate>
				<category><![CDATA[All News]]></category>
		<guid isPermaLink="false">https://harrisaccountancy.co.uk/?p=11537</guid>

					<description><![CDATA[The table below compares the key characteristics of a virtual office and a physical accounting office, highlighting the differences in terms of cost, flexibility, operational efficiency, and client interaction. While both setups serve the same fundamental purpose of providing accounting services; the choice between a virtual or physical office can significantly impact the way a [&#8230;]]]></description>
		
		
		
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		<title>A guide to the Spring Budget 2024</title>
		<link>https://harrisaccountancy.co.uk/2024/11/a-guide-to-the-spring-budget-2024/</link>
		
		<dc:creator><![CDATA[HarrisAccountancy]]></dc:creator>
		<pubDate>Tue, 19 Nov 2024 21:04:54 +0000</pubDate>
				<category><![CDATA[All News]]></category>
		<guid isPermaLink="false">https://harrisaccountancy.co.uk/?p=11542</guid>

					<description><![CDATA[Key measures announced by the Chancellor in the Spring Budget 2024/25 are summarised within this Guide. &#160; KEY TAX RATES 2024/25 2023/24 0% starting rate for savings only Up to £5,000 Up to £5,000 0% on personal allowance (subject to any clawback of PA) £0 &#8211; £12,570 £0 &#8211; £12,570 20% basic rate tax £12,571 [&#8230;]]]></description>
		
		
		
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		<title>Entertainment Expenses</title>
		<link>https://harrisaccountancy.co.uk/2023/12/entertainment-expenses/</link>
		
		<dc:creator><![CDATA[HarrisAccountancy]]></dc:creator>
		<pubDate>Tue, 12 Dec 2023 20:18:36 +0000</pubDate>
				<category><![CDATA[All News]]></category>
		<guid isPermaLink="false">https://harrisaccountancy.co.uk/?p=11457</guid>

					<description><![CDATA[As we approach the festive season, a lot of our clients ask us whether entertaining expenses are allowable for tax purposes. The answer to that question is &#8216;it depends&#8216;. In general, entertaining falls under two categories, namely “business entertainment” and “staff entertainment”. The tax treatment for each one is different. &#160; &#160; Business Entertainment Business [&#8230;]]]></description>
		
		
		
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		<item>
		<title>Spring Budget 2023: tax rates and allowances</title>
		<link>https://harrisaccountancy.co.uk/2023/12/spring-budget-2023-tax-rates-and-allowances/</link>
		
		<dc:creator><![CDATA[HarrisAccountancy]]></dc:creator>
		<pubDate>Tue, 12 Dec 2023 20:13:21 +0000</pubDate>
				<category><![CDATA[All News]]></category>
		<guid isPermaLink="false">https://harrisaccountancy.co.uk/?p=11462</guid>

					<description><![CDATA[Income tax rates: England, Wales &#38; Northern Ireland (non-dividend income) (note 1) 2023/24 2022/23 0% starting rate for savings only Up to £5,000 Up to £5,000 20% basic rate tax £12,571-£50,270 £12,571- £50,270 40% higher rate tax £50,271-£125.140 £50,271- £150,000 45% additional rate tax Above £125,140 Above £150,000 Note 1: The Welsh Government has made [&#8230;]]]></description>
		
		
		
			</item>
		<item>
		<title>Paperwork Requirement Dates – 2023/24</title>
		<link>https://harrisaccountancy.co.uk/2023/12/paperwork-requirement-dates-2023-24/</link>
		
		<dc:creator><![CDATA[HarrisAccountancy]]></dc:creator>
		<pubDate>Tue, 12 Dec 2023 19:40:14 +0000</pubDate>
				<category><![CDATA[All News]]></category>
		<guid isPermaLink="false">https://harrisaccountancy.co.uk/?p=11465</guid>

					<description><![CDATA[Please find below our updated paperwork deadline dates for the Year 2023/24 depending upon Company year-end dates. Company’s  Yearend Your accounts will due to Companies House between: We will require your company paperwork latest by: Apr 2023 1st January 2024 – 31st January 2024 5th August 2023 (passed) May 2023 1st February 2024 – 29th [&#8230;]]]></description>
		
		
		
			</item>
		<item>
		<title>Director’s Loan account (DLA)</title>
		<link>https://harrisaccountancy.co.uk/2023/12/directors-loan-account-dla/</link>
		
		<dc:creator><![CDATA[HarrisAccountancy]]></dc:creator>
		<pubDate>Tue, 12 Dec 2023 19:35:28 +0000</pubDate>
				<category><![CDATA[All News]]></category>
		<guid isPermaLink="false">https://harrisaccountancy.co.uk/?p=11460</guid>

					<description><![CDATA[Small businesses with one or two directors who are also the shareholders need to be very careful with DLA and need to keep an eye on its position. The DLA may consist of the following: Funds provided or drawn by the director/directors. Any expense paid by them on behalf of the business, or any expense [&#8230;]]]></description>
		
		
		
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