Millward, May & Co - Wokingham Accountants
Wokingham Accountants

Frequently Asked Questions


Business Questions

Business structure - we take a look at the pros and cons of a limited company v's a sole trade structure.

Company car - is it best to buy a car through my company or personally?

Company expenses - what expenses can I claim as a limited company?

Company tax planning - we show you how it's possible to reduce your personal tax liability when trading through a company.

Sole trade expenses - what expenses can I claim as a sole trader?

VAT registration - is it beneficial for my business to become VAT registered?

Personal Tax Questions

Mileage - is your employer paying you less than 45p per mile for business mileage in your personal car?

Pensions - there are two types of pension - we compare a ‘salary sacrifice’ pension to a ‘relief at source’ one.

Rental property - we look in to whether it's more tax efficient to own rental property personally or through a company.

Tax code - what does my tax code mean?


However difficult life may seem, there is always something you can do and succeed at
— Stephen Hawking