Feature Archive

Explaining Shares and Dividends #AskAMS

How ownership of a company is represented by the shares held by each shareholder.

Understanding Fixed Assets Tangible Fixed Assets and Depreciation #AskAMS

Fixed Assets, particularly Tangible Fixed Assets and their value in the Balance Sheet and Depreciation.

Limited Liability Partnership vs Sole Traders and Limited Companies #AskAMS

Peter describes the pros and cons of a Limited Liability Partnership (LLP), including comparisons with a Limited Company for tax ...

Insurances a Freelancer Should Have #AskAMS

An introduction to the insurances that every Freelancer should have.

What is the Best Way to Pay a Bonus? #AskAMS

Our profit is much better than last year. My Co Director and I were thinking of paying a bonus. What ...

Company Shares - How Do They Work? #AskAMS

An introduction to Limited Company Shares and rights for shareholders.

Phil Smith on the Latest Inflation Figures

Commenting on the latest inflation figures, Phil Smith, Managing Director at Business West, said:

What Expenses Can I Claim While Working Away? #AskAMS

Expenses that you claim on top of fuel while you are working away.

Tax Laws on Winding Up a Limited Company #AskAMS

Guide for shareholders on tax rules for pay outs when winding up a Company.

What Expenses Can Be Claimed Against Rental Income? #AskAMS

Identifying what can and cannot be claimed as an expense when renting out a property to help minimise tax.

Opting Out of Child Benefit and Then Opting Back In #AskAMS

I opted out of receiving Child Benefit but my actual income is lower than I thought – what should I do?

What is the Best Tax Solution for Splitting Ownership of My Property? #AskAMS

Splitting ownership of a property will have different tax implications, depending on whether the owners are married or business associates.

Options for Setting Up and Being Paid as a Freelance Contractor #AskAMS

Explaining 3 options plus pros and cons when being paid as a Freelance Contractor: Agency payroll; Umbrella or Personal Service Company.

The Pitfalls of Setting Up a Partnership in a Family Business #AskAMS

Should we set up our family business as a Partnership?

How to Handle Rechargeable Expenses When Invoicing your Agency #ASKAms

If your Agency refuses to pay VAT on your rechargeable expenses – here is what you should do...

Should I Register for VAT? #AskAMS

When to register and the advantages and disadvantages of being VAT registered.

What is a Limited Liability Partnership? #AskAMS

I’ve heard that an LLP is a good solution for me and my business partner - is this so?

What to do When you Should Have Registered for VAT #AskAMS

When your turnover reaches £85,000 it’s vital that you register for VAT.

Why You Might Change the Accounting Year End Date for a Company #AskAMS

This video describes the positives and negatives of changing the date of a Company accounting year end.

Understanding Current Assets, Cash, Debtors, Prepayments and Stock #AskAMS

How current Assets can easily be converted into cash within 12 months. Also Trade Debtors, Prepayments and types of Stock.

Recommendations For Sculpting Britain's Post-Brexit Economy

With all the uncertainty surrounding Britain leaving the European Union, we're lucky to have the collective wisdom of Thrings to ...

Depreciation and Capital Allowances #AskAMS

The latest informative video from AMS Accountancy describes depreciation and compares it with Capital Allowances (tax relief on purchase of ...

How People in Swindon Can Use the Internet to Further Their Accounting Careers

Are you an accountant or do you want to enter this profession? If so, the internet could become one of ...

What are Self-Assessment 'Payments On Account'?

As well as paying Self-Assessment, HMRC can ask you to make Payments on Account in January and July.

Understanding Current Liabilities including Trade Creditors, Accruals and Other Creditors - #AskAMS

This video from AMS Accountancy takes the mystery our of Current Liabilities - including Trade Creditors and Other Creditors and ...

Recording Overseas Purchases in a VAT Return - #AskAMS

A ttep by step guide from AMS Accountancy on completing a VAT return for purchases overseas.

Distracted by the General Election?

BusinessWise member Mike Lloyd, managing partner of Haines Watts Swindon has produced this short animation to talk to business owners ...

Be Careful When Issuing Company Shares - #AskAMS

What kinds of issues should business owners be aware of when issuing company shares? We asked financial experts AMS Accountancy.

I’ve Stopped Trading and Want to Close My Limited Company - Do I Need a Liquidator? - #AskAMS

Peter Bromiley ACA from AMS Accountancy is on hand to answer those tricky financial questions. This time, focusing on whether ...

How To Get Good Value From Talking to Your Accountant - #AskAMS

AMS Accountancy are back once again with their top-notch financial knowledge. This time suggesting you tell your accountant about changes ...

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