OLP accountants

10/10/2026

Two great reviews left for us on Google 👏

Thank you to our great clients for leaving this feedback ✨

📧 [email protected]

09/10/2026

07/10/2026

Had a great time at BNI South West Wales awards night last weekend! 🏆

04/10/2026

Food and drink is one of those business expenses where the rules can catch business owners out.

So, what can you actually claim?

What you CAN claim:
🔹Meals during qualifying overnight business trips.
🔹Food and drink when travelling for business or working at a temporary workplace.
🔹Staff meals and entertaining.
🔹Annual staff events, such as Christmas parties, up to the £150 per person annual exemption, subject to HMRC conditions.

What you CAN'T claim:
🔹Your everyday lunch or coffee.
🔹Personal food and drink.
🔹Client entertaining, even when business is discussed over lunch or dinner.

Remember, the £150 staff entertainment exemption is an annual limit, not an allowance to spend freely. If you exceed it, the full cost can become taxable as a benefit.

Understanding what you can and can't claim could make a real difference to your business finances.

We can help you with this!

Contact us 📧 [email protected]

21/09/2026

✨ Client review ✨

Great to have more fantastic feedback!

(review left on Google)

📧 [email protected]

14/09/2026

Thinking of putting your next car through the company?

Before you do, there are 5 things you really need to consider:
🔹Benefit-in-kind tax — If you use the car personally, there could be a significant personal tax charge. The type and emissions of the car matter.
🔹Corporation tax — The company may get tax relief on the cost, but how much and when depends on the vehicle and how it’s acquired.
🔹VAT — You may be able to reclaim some VAT, but it isn’t as simple as “it’s a business car, so we get the VAT back.”
🔹Private use — Commuting, weekends and family trips can all affect the tax treatment. Be clear about how the car will actually be used.
🔹Buy, lease or finance — The most expensive option upfront isn’t necessarily the most expensive after tax. Look at the overall cost to you and the company.

Because buying a car through your company isn't automatically the tax-efficient option.
Run the numbers before you buy the car.

📧 [email protected]

30/08/2026

What a performance 🔥

A goal & 2 assists from Lewis Rocke in yesterdays game for a well deserved Man of the Match award 💪🏼

28/08/2026

About founder of OLP accountants – Mathew Price ⬇️

Life in the accounting world:
Started accountancy by studying at University and achieving a first class honours degree.
Following this, became a junior accountant in Swansea back in 2014. Then climbed the ranks, from client manager to operations manager to practice manager, and finally to a director. A decision was then made to start a company, creating OLP accountants in January 2024!

Life outside of the accounting world:
Favourite things to do are – family days out, going to the gym, running, watching a good series on tv & outings with friends!

Would you like a chat with Mathew at OLP accountants regarding how they could help you with your business? Contact [email protected]

25/08/2026

We welcome OLP Accountants to Coedbach today 🤝

OLP at the front of shirt sponsor for our warm up tees & also sponsor club captain Lewis Rocke 🖤🤍

We appreciate your support & hope you enjoy the game today 🙌