Common Questions
Frequently Asked Questions
I run a Hainault Business Park manufacturing or fabrication business. Capital allowances?
Yes. Plant and machinery — manufacturing equipment, tools, commercial vehicles, IT — qualifies for capital allowances. The Annual Investment Allowance gives 100% relief on qualifying spend up to £1m a year, and full expensing gives 100% first-year relief for companies on qualifying new plant. We'll identify and claim everything you're entitled to.
What accountancy does my Hainault industrial-estate business need?
Stock-aware bookkeeping, cash-flow management for working capital, the right VAT treatment, payroll for any staff, capital allowances on plant, machinery and vehicles, and annual accounts and Corporation Tax. We set it up to give you visibility of margin and cost control.
I'm a Hainault CIS subcontractor. Am I owed a refund?
Almost certainly, if you've had 20% deducted and haven't claimed it back. After your £12,570 allowance and legitimate expenses (van or mileage, tools, PPE, materials, phone, CSCS, accountancy), the actual tax due is usually far less. Full-year refunds are typically £2,000-£6,000. We'll maximise yours.
I'm a Hainault self-employed driver. What can I claim?
Vehicle costs by either the 45p/25p HMRC mileage rate or actual costs (fuel, insurance, service, MOT, finance, capital allowances). Plus phone proportion for the apps, operator commission or rental, licensing, cleaning. We'll pick the better vehicle method each year and capture everything.
Should my Hainault business be a Ltd company?
At profits above £40,000-£50,000 a Ltd company typically saves £2,500-£5,000+ a year through salary-plus-dividend structuring, plus limited liability. Below £30,000 the saving rarely justifies the extra admin. We'll model both with your numbers.
My Hainault business employs staff. Can I claim the Employment Allowance?
Most likely yes. The Employment Allowance lets eligible employers reduce their annual employer Class 1 NIC bill by up to £5,000. It's not available to single-director companies with no other employees, but a business with staff usually qualifies. We claim it through your payroll automatically.
I'm a Hainault landlord. What can I claim against rental income?
Repairs and maintenance, letting agent fees, landlord insurance, ground rent and service charges if leasehold, gas and electrical safety certification, mortgage interest (with the Section 24 restriction), and Replacement of Domestic Items relief on furniture. We capture everything and file your self-assessment.
How do I get started?
Book a free 15-minute call via Calendly, or call our office on 020 8050 4564 or mobile 07478 645331. We work with Hainault clients fully online and we're experienced with manufacturing, industrial-estate businesses, CIS trades and the IG7 community.