Freeman Baker

If you are ever looking for an Accountant drop us a line! We've been based in Somerset now for over 30 years. We specialise in the Licensed Trade.

[Freeman Baker @FreemanBakerLtd]

Unexpected Tax Risks From Employee Perks
Even small employee perks can trigger extra tax and reporting rules. Are your benefits unintentionally creating tax headaches for your business? Stay informed. #Tax #EmployeeBenefits #HMRC https://t.co/uRyh7dGuXu

[Freeman Baker @FreemanBakerLtd]

Are You Claiming All Business Costs?
Not all business costs are claimed when self-employed. Knowing which expenses reduce taxable profit can protect your income and ease tax time. #TaxRelief #SmallBusiness #Finance https://t.co/kwTW7NIf0R

[Freeman Baker @FreemanBakerLtd]

60% Tax Band Hits £100k+ Incomes
Incomes between £100k and £125,140 face an effective 60% tax rate due to personal allowance reduction. Pension or charity contributions could reduce your tax burden. #Tax #Finance #UKTax https://t.co/3GB5aGZkqU

[Freeman Baker @FreemanBakerLtd]

CIS Nil Return Rule Returns
Contractors must file a nil return monthly when no subcontractor payments are made, preventing late payment penalties and keeping CIS compliance on track. #Construction #CIS #TaxCompliance https://t.co/ohvkEbhHRj

[Freeman Baker @FreemanBakerLtd]

2026 Class 1A NICs Deadline Alert
Class 1A NICs must be paid by 19 July (postal) or 22 July (electronic) to HMRC. Pay on time to avoid penalties and keep reporting accurate. #TaxDeadline #NICs #Payroll https://t.co/n1GMUpgumJ

[Freeman Baker @FreemanBakerLtd]

Overseas Expansion Could Trigger Unexpected UK Taxes
Launching abroad? Your fixed presence could create a permanent establishment and trigger UK tax rules. Make sure you know the implications before you start. #Tax #Business #GlobalMarkets https://t.co/RuZQHw97AA

[Freeman Baker @FreemanBakerLtd]

Staff loan tax rules you need to know
Employers must watch tax rules on staff loans below HMRC rates, but loans under £10k or fixed terms often avoid tax charges or reports. #Tax #Payroll #Finance https://t.co/YLSp1GwC7j

[Freeman Baker @FreemanBakerLtd]

Tax Rules for Company Mobile Phones
Employers must follow strict tax rules when providing phones or reimbursing costs. Contract ownership determines if tax applies. Stay informed and compliant now. #Tax #Business #Compliance https://t.co/J8TkvBqhW7

[Freeman Baker @FreemanBakerLtd]

Dividend Tax Rules Update 2026-27
Dividend tax rates and allowances for 2026-27 could change your take-home dividend payments and tax due. Know how your dividend income affects your tax band and what you must repo... #DividendTax #UKTax #FinanceUpdate https://t.co/prEuW2n9qh

[Freeman Baker @FreemanBakerLtd]

Claim Tax Relief on Professional Subscriptions
Many can claim tax relief on professional subscriptions paid themselves, including for previous years. Check if you qualify, you could be owed a refund. #TaxRelief #ProfessionalFees #Finance https://t.co/LARXl6Y9zH

[Freeman Baker @FreemanBakerLtd]

Investment Manager Exemption Insights
UK's Investment Manager Exemption shields overseas investors from UK tax risks when using local managers but keeps management fees taxable. Stay informed. #Investment #Tax #UKFinance https://t.co/GJ7UxIsbBN

[Freeman Baker @FreemanBakerLtd]

Know Your Tax-Free Employee Perks
Employers can offer tax-free benefits like one business phone, parking, and staff meals without a tax charge if rules are met. Know your tax-free perks now. #TaxBenefits #EmployeePerks #Workplace https://t.co/6JpFqOkk3X

[Freeman Baker @FreemanBakerLtd]

How to Get More from Your Charity Donations
Gift Aid boosts charity donations by 25p per £1. Higher rate taxpayers can claim extra relief via self-assessment or tax code adjustments. Know your options now. #GiftAid #TaxRelief #Charity https://t.co/yYazG9C3cr

[Freeman Baker @FreemanBakerLtd]

Spot Check Your Tax Code Accuracy
Your tax code can shift with new jobs, pensions or benefits. Checking it could avoid surprises on your payslip. Make sure yours is right now. #Tax #HMRC #Finance https://t.co/AjDyFqvUws

[Freeman Baker @FreemanBakerLtd]

New Tax Rules for LLP Members
Some LLP members may be classified as salaried, not self-employed, if they meet strict rules about pay, control, and capital stake. Stay informed. #tax #LLP #business https://t.co/QxpA0rr4zz

[Freeman Baker @FreemanBakerLtd]

New HMRC reporting rules for online sellers
New tax rules mean selling 30+ items or earning £1,725+ online triggers tax data reporting to HMRC. Know when your hobby income counts. #TaxUpdate #HMRC #OnlineSales https://t.co/GGdyE9ocSi

[Freeman Baker @FreemanBakerLtd]

Unlock Savings with Allowable Expenses
Important for self-employed: Claiming all allowable expenses from office to travel can reduce taxable profits and ease your tax burden right now. #TaxHelp #SelfEmployed #Finance https://t.co/tWe7kabT6H

[Freeman Baker @FreemanBakerLtd]

High Income Child Benefit Charge impact alert
If you or your partner earn over £60,000 and claim Child Benefit, the High Income Child Benefit Charge could gradually reduce or remove your payments. #ChildBenefit #TaxNews #IncomeCharge https://t.co/a7jBlR4zjv

[Freeman Baker @FreemanBakerLtd]

How Tax Relief Can Supercharge Your Pension
Tax relief on pension contributions can slash your saving costs by up to 45%. Make sure you're using your full annual allowance and carry forward rules. #Pension #TaxRelief #Retirement https://t.co/crBzBQk96r

[Freeman Baker @FreemanBakerLtd]

Rental Income Tax Insights
Rental income tax, targets profit after expenses, not total rents received. Know your allowances and reliefs to optimise your returns and stay compliant right now. #RentalTax #Landlords #Finance https://t.co/V5MC5bO4o1