Tax tips for UK SMEs

Tax rules can be tricky, but saving money doesn’t have to be. Here are three easy ways to cut your tax bill and stay safe:

• If you have a team or pay yourself through your company, salary sacrifice is worth a look. Part of the salary goes into a pension before tax - so you both pay less income tax and National Insurance.
• From April 2024, if you earn less than that from side jobs or online sales, no need to file a tax return.
• The biggest mistakes come from missed invoices, forgotten receipts, or guessing numbers at the end of the year. With simple digital tools, you can track income and expenses as you go - making sure you don’t pay more tax than you should.

That's where Ampere helps: you can send invoices straight from our app, share them easily with your accountant, and keep your records clean - all in one place.

Get started - https://online.ampere.co.uk