One of our most frequently asked questions is around the tax efficiency of electric cars, and we have a helpsheet to get you started, but in short, it’s pretty tax efficient from a company and personal tax perspective, if you want a new electric vehicle. But that’s not the point…

This is a very good real life example of how working with the right experts can literally save you thousands of pounds. Background One of our most “on-it” clients has a July year end. We always have a little chat around the end of his financial year, and this year was…

This is the second in a series of posts. Without reading the first, some context may be missing. — Isn’t the English language a glorious thing?! Words that sound the same are spelt differently. Words spelt similarly are pronounced differently. There are choices – spelt vs spelled for example! And a word that means one thing to me could mean something different to you. Worst of all, with the…

When you start down the rabbit hole, when you peel back the curtain, it can get very uncomfortable. I know this from personal experience. So here’s what happened to me. … About 10 years ago, I started asking “why?”. Why number 1 The first question I asked was why am I spending two…

Like all great accountants everywhere, here at Kung Fu Accounting we’ve been on the financial front line since the middle of March, supporting our clients through the maze of financial support as the impacts of Covid-19 took their toll across the economy. Every industry, across all sectors, and businesses of…

There is a lot going on right now… so much to think about it’s difficult to know where to start… so here’s a brain dump of my current thinking (and please bear in mind, I’m still learning, reading and trying to understand these things better as I go). Comment and…