Blog

Tax Efficiency

How to Run a Tax Efficient Business

13th September 2021

Running a tax efficient business is crucial to your success. When you find legitimate ways of reducing your small business tax bill, it can increase your margins. This in turn improves cashflow and strengthens your business model.

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What Happens if You Miss a Tax Deadline?

03rd April 2025

© Ascannio / Shutterstock.com Missing a self-assessment tax deadline isn’t something to be taken lightly, as it can have serious consequences including penalties, interest on unpaid taxes and the risk of an HM Revenue and Customs

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The Impact of Rising Council Tax Rates on Businesses

10th March 2025

© Yau Ming Low / Shutterstock.com A controversial 4.99% increase in Cornwall Council Tax for the 2025/26 fiscal year has been blamed on a multi-million pound shortfall in central government funding. The county’s draft budget, drawn

courier driver delivering parcel

A Guide to Mileage and Car Expenses

07th March 2025

Navigating the ins and outs of mileage claims can often feel like you’re stuck in a never-ending roundabout, but fear not—our friendly guide is here to steer you in the right direction. Whether you’re a sole

DL Accounts Team

Proud to Be Small and Mighty Regional Award Winners!

07th February 2025

We are thrilled to share that DL Accounts Ltd has been announced as the Small and Mighty Regional Winner for the Cornwall and Isles of Scilly Accountant Business of the Year. This prestigious award recognises our

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What is VAT and How Does It Impact Your Small Business?

07th February 2025

© fizkes / Shutterstock.com Value Added Tax is something every self-employed person and small business should understand, because even if you’re not earning enough to be VAT-registered by law, doing so voluntarily may benefit your company.

Pensions

The Impact of the Pension Review Delay

10th January 2025

© GoodIdeas / Shutterstock.com A delay in the government’s highly anticipated pension review has been branded a threat to people’s financial futures, leading to more pensioners facing a cost-of-living crisis in later life. Labour pension changes

Image of man doing finances for 2025.

How to Prepare Your Business Finances for the New Year

09th December 2024

© Sutthiphong Chandaeng / Shutterstock.com Small and medium sized enterprises are the lifeblood of British industry, making up more than 99% of the business population and employing an estimated 13 million people. According to research in

Image of construction worker checking his taxes.

How to Maximise Tax Savings for Construction Workers

12th November 2024

© greenbikestudio / Shutterstock.com Did you know construction workers can reduce their tax liability through HMRC legislation under the CIS scheme? The industry operates differently from other sectors for self-employed people, so make sure you’re not

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Government Backs SMEs with New Late Payment Plan

01st October 2024

© MR.RAWIN TANPIN / Shutterstock.com The government has unveiled a major small business support package to clamp down on larger companies making late payments to SMEs for goods and services. Around 2.8 million small firms in