d admin | Strathmore Accountants
Claim for a business journey in a private vehicle

Claim for a business journey in a private vehicle

Use your own vehicle for work? You could be entitled to a tax-free mileage allowance. Make sure you are not missing out on HMRC-approved rates. If you use your own car, van, motorcycle, or bicycle for business journeys, you may be entitled to a tax-free mileage...
Four critically important KPIs

Four critically important KPIs

Gross profit margin This measures the profitability of your core operations by comparing gross profit (sales minus cost of goods sold) to total revenue. A stable or improving gross margin indicates pricing, production, or service delivery is efficient. A declining...
The value of tax planning for high net worth individuals

The value of tax planning for high net worth individuals

For high net worth individuals (HNWIs), tax planning is not simply a compliance activity, it is a strategic tool to preserve and grow wealth. With rising scrutiny from HMRC, frozen allowances, and increasingly complex legislation, the value of well-structured planning...
Tax Diary July/August 2025

Tax Diary July/August 2025

1 July 2025 – Due date for corporation tax due for the year ended 30 September 2024. 6 July 2025 – Complete and submit forms P11D return of benefits and expenses and P11D(b) return of Class 1A NICs. 19 July 2025 – Pay Class 1A NICs (by the 22 July...