TreyBridge Accountants

For companies selling shares, the Substantial Shareholdings Exemption (SSE) can mean significant tax relief. Introduced in 2002 and simplified in 2017, this exemption allows qualifying gains on share disposals to go untaxed—provided key conditions are met. #SubstantialShareholdingsExemption #CorporateTax

Reclaiming VAT on company cars isn’t as simple as it sounds. Generally, businesses can’t recover VAT unless the car is used exclusively for business purposes. But there are exceptions—like taxis, driving schools, and commercial vehicles. Here’s what you need to know. #VATRecovery #CompanyCars #BusinessTaxTips

Season’s Greetings from TreyBridge Accountants As 2024 comes to a close, we want to thank our clients and partners for an incredible year. Your trust drives us to excel, and we’re excited for what 2025 will bring. Wishing you a joyful holiday season and a prosperous New Year! #SeasonGreetings #TreyBridgeAccountants #HappyHolidays #NewYear2025

Navigating tax obligations can be daunting for small business owners and sole traders. To make life easier, HMRC has introduced new interactive tools, including a Sole Trader Setup Guide and VAT Registration Estimator, helping businesses understand taxes step by step. #SmallBusinessTax #HMRCGuidance #SoleTraderTips

Can’t pay your tax bill in full by 31 January 2025? HMRC’s online Time to Pay system lets self-assessment taxpayers spread the cost over monthly instalments. With plans available for tax bills up to £30,000, this flexible option can help you avoid late payment penalties. #TimeToPay #SelfAssessment #HMRCSupport

Navigating VAT in the construction industry can feel like untangling scaffolding. Enter the VAT reverse charge—special rules that mean sub-contractors no longer charge VAT on services but contractors handle the tax instead. Here's how it works and who it affects. #VATReverseCharge #ConstructionTax #UKVAT

Over one million parents have now claimed Child Benefit online or via the HMRC app, with 87% of new claims using this speedy service. If you've recently had a baby or a child joins your family, applying online ensures you get support quickly—right when you need it most. #ChildBenefit #HMRCApp #ParentingSupport

As 2024 wraps up, we just want to say a massive thank you to our awesome clients and amazing team. You’ve made this year one to remember, and we’re so grateful for your, support, and hard work. 🙌✨ Our office is now closed for the holidays, and we’ll be back on Monday, 6th January 2025. Wishing you all a fantastic holiday season and an incredible start to 2025. See you in January! 🎄🥂 Cheers, Aaron & the TreyBridge Team 🌟

Could you save up to £1,260 in tax this year? If one of you earns less than £12,570, the Marriage Allowance lets couples transfer unused personal allowances. Don't miss out on this easy tax break! #MarriageAllowance #TaxSavings #UKCouples

We wanted to share some news about our Practice Owner, Aaron Gilmore. Since May 2024, Aaron has been in Australia to support his wife as she undergoes life changing surgery and recovery. Family always comes first, and we’re so proud of Aaron for being there during this important time. Despite the distance, Aaron continues to work remotely and remains fully committed to supporting our clients. With the help of our incredible team here at TreyBridge Accountants, it’s business as usual. We’re all dedicated to ensuring you continue to receive the high level of service you expect from us. To our valued clients: thank you for your understanding and continued trust. Aaron is always just a message or call away, no matter the time zone! Here’s to teamwork, resilience, and the importance of family. We’re looking forward to Aaron’s return to the UK in 2025, but until then, the TreyBridge team is here to help with all your accounting needs. The TreyBridge Team 🌟