telic shortlisted for a 2023 West London Business Award

Telic is delighted to announce that on 8th November 2022 it was shortlisted as a finalist for the “Finance Business of the Year” category in the West London Business Awards 2023. This year marks the tenth year of the awards, which celebrate talent, entrepreneurship, and resilience to a national and international audience, recognising the outstanding […]

Becoming B Corp

A blueprint for continued improvement The last 18 months have been busy for the team here at telic.  A re-launch of the firm under the name telic, (which means to act with purpose) and our recent B Corp accreditation, have been a source of excitement and pride.  Both actions have been our way of signalling […]

Statutory Residence Test

We consider the statutory residence test and outline rules and records required. If you live in the London area we, at Telic, can provide advice on your individual circumstances. The concept of residence in the United Kingdom is fundamental to the determination of UK tax liability for any individual. The Statutory Residence Test (SRT) provides, […]

Redefining Wealth in a Post-lockdown World

When you type ‘What is wealth?’ into Google, the first definition that appears is “an abundance of valuable possessions or money.” Many of us default to the second part of that definition – money – not the first part – an abundance of valuable possessions. As children, we’re told to seek out the pot of […]

Making Use of the Super-deduction

The super-deduction is a £25 billion tax break that is intended to spur business investment, aid post-pandemic economic recovery and give a boost to the UK’s productivity levels. It was announced by Chancellor Rishi Sunak in this year’s Budget as 130% first-year relief on assets. The super-deduction is described by some as the largest tax […]

Yogesh Patel Wins ACCA UK’s National Advocate of the Year 2021

An ACCA Fellow, Yogesh Patel, is announced as ACCA UK’s Regional Advocate of the Year. Yogesh qualified with ACCA (the Association of Chartered Certified Accountants) in 2011 and is the owner of a firm called Telic based in Harrow, London. Judged by ACCA UK members, Yogesh was awarded with this accolade because he met all […]

How can your business gain value from Electric Vehicle tax incentives?

Electric Cars are going to be a hotly discussed topic over the coming years, especially since the UK government has recently invested £93m into EV projects such as batteries, charge points, hydrogen alternatives and continued development into small and medium commercial vehicles. But, what does this mean for businesses, and what are the tax incentives […]

Divorce Can Also Be Very Taxing

One of the many painful aspects of divorce is the potential tax bill at the end of the process. As accountants, helping a divorcing couple understand and manage the tax implications could bring a bit of happiness to them in tough times, writes Yogesh Patel. According to the ONS, 42% of all marriages in England […]