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What is the difference between tax avoidance and tax evasion?

The phrase ‘Tax Avoidance’ has become associated with dirty practice.  This is because certain celebrities have avoided Income Tax by being paid via things like offshore Trusts - which has led some politicians to moralise about it. These practices are not necessarily...

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What is the Personal Allowance?

Every person who is resident in the UK is given a personal allowance each tax year. It operates as follows: The personal allowance is the amount of income you can receive before paying tax – and it generally increases each tax year. For the 2022/23 tax year, it is...

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Ask AMS Videos

In 2007 we had the idea of publishing short articles in the local press which could be useful for small businesses. Our approach was to answer questions frequently asked by our clients with clear and genuinely helpful answers.

The natural progression was to produce videos and since 2015 our video library has increased to over 80 videos in 7 different categories.

We make every effort to stay relevant to small business and contractor issues – hopefully you will find them useful and easy to understand!

See how we can help you

If you are a small business or a Contractor – we are here for you. We will help you through all stages from setting up to reviewing your existing business – making sure that you have the most tax effective structure.

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