Tuesday May, 31, 2022 How To File Your Confirmation Statement A guide to filing your confirmation statement
Monday May, 30, 2022 The Let Property Campaign A Guide to Completing your Let Property Campaign Disclosure
Monday Apr, 11, 2022 What Making Tax Digital Means For The Self Employed What Making Tax Digital means to the Self Employed
Wednesday Jan, 19, 2022 Hmrc To Waive Self Assessment Penalties HMRC TO WAIVE SELF ASSESSMENT PENALTIES IF NOT FILED BY 31 JANUARY DEADLINE
Wednesday Jan, 12, 2022 Claim Your Work From Home Tax Relief Claiming the work from home relief from HMRC
Friday Dec, 03, 2021 References To Use When Paying Hmrc Using the correct references when paying HMRC
Wednesday Nov, 03, 2021 Tax Round Up October 2021 Our monthly tax and accounting round up for October 2021
Thursday Aug, 12, 2021 Mtd For Self Employed And Landlords Making Tax Digital for the self employed and landlords
Wednesday Jul, 28, 2021 Don't Forget Your 31 July 2021 Payment On Account Don't forget your 31 July 2021 payment on account
Tuesday Jul, 13, 2021 Seiss Grants Auto Corrections HMRC are auto correcting self assessment tax returns with SEISS Grants
Saturday Jul, 10, 2021 Allowable Research And Development Expenses Costs which are allowable for R&D claims
Tuesday May, 25, 2021 Tax Changes For Year Ending 5 April 2022 OUTLING OF THE DETAILS OF THE TAX CHANGES FOR THE YEAR ENDING 5 APRIL 2022
Saturday Jan, 16, 2021 Making Tax Digital And The Bulk Migration Making tax digital and micro businesses
Tuesday Dec, 22, 2020 12 Days Of Taxmas File On Time File your return on time to avoid late filing penalties
Tuesday Dec, 15, 2020 12 Days Of Taxmas Gaps In Your National Insurance GAPS IN YOUR NATIONAL INSURANCE RECORDS
Monday Dec, 14, 2020 12 Days Of Taxmas Dividend And Savings Allowances Remember to make use of your dividend and savings allowances!
Thursday Dec, 03, 2020 12 Days Of Taxmas Investment Savings Allowances Use your ISA allowances before it too late
Tuesday Dec, 01, 2020 12 Days Of Taxmas Personal Allowances Prepare your self assessment tax return before Christmas!
Wednesday Nov, 25, 2020 File Your Self Assessment On Time FILE YOUR SELF ASSESSMENT ON TIME! AVOID FILING YOUR TAX RETURN LATE
Monday Nov, 23, 2020 The Cost Of Self Assessment Preparing your self assessment yourself could lead to extra costs
Thursday Apr, 02, 2020 Coronavirus Additional Support The chancellor has set out further measure to aid those business affected by Corona Virus including help for the self employed.
Thursday Mar, 19, 2020 Coronovirus And Small Businesses Chancellor Rishi Sunak on Tuesday revealed the governments package to assist the economy against the impact of the coronavirus.
Tuesday Mar, 10, 2020 Tips To Reduce Corporation Tax Corporation Tax is a tax levied on companies’ profits. The current tax rate is 19%; it has remained the same since 2017. Below are 4 tips to help you in reducing the amount of corporation tax you pay.
Thursday Mar, 05, 2020 Employing Staff For The First Time There are some important rules an employer needs to be aware of when hiring workers for the first time. We have listed 6 important rules you should know about when hiring staff.
Tuesday Feb, 18, 2020 How Technology Has Affected Accounting Improvement in technology has made a huge impact in the accounting industry. More specifically, changes in the tax system and development in accounting software have significantly benefited the accounting industry.
Monday Feb, 10, 2020 Submitting Annual Accounts Annual Accounts are financial reports that Private Ltd and Public companies must prepare at the end of a financial year. Filing this account is a legal requirement, so ensure that you file on time and prepare the necessary information required. Below are 6 tips that will help you prepare and submit your Annual Accounts.
Saturday Nov, 09, 2019 Changes To Doctors Pensions High earning NHS employees such as consultants and GPs are exposed to high pension tax charges which have lead to reduced final pension entitlements and a reduction in take home pay.
Monday Oct, 21, 2019 Vat In A No Deal Brexit It seems highly likely that the UK is on course for a no deal Brexit. HMRC have provided their guidance on the issues which small businesses will face in the event.
Wednesday Oct, 09, 2019 Can I Employ Family Members In My Business? Profit extraction is a complicated issue for all small businesses.
Wednesday Oct, 09, 2019 Entrepreneur's Relief: What Is It And How Does It Work? Entrepreneurs’ Relief reduces the amount of capital gains tax that individuals pay on disposals of your business or certain business assets from 20% to 10%.
Thursday Aug, 29, 2019 How Being A Locum Healthcare Professional Effects Your Tax Locum healthcare professionals are people working temporarily at a healthcare establishment – usually on behalf of the absent employee. As such, locums often don’t have an employer, at least not in the traditional sense.
Friday Aug, 09, 2019 Did You Know Hmrc Imposes A Tax On Company Cars? The tax is known as a ‘benefit in kind tax’. It is applied because the car is seen as an additional taxable benefit that is not included in someone’s salary.
Friday Aug, 09, 2019 Tips For Bookkeeping As A Small Business Small businesses are required to keep records of financial affairs. They’re necessary for the success of the business.
Tuesday Jul, 30, 2019 What Is Ir35 And How Does It Affect Me? IR35 is the UK’s latest anti-avoidance tax legislation. The legislation is designed to assess whether a worker is a contractor or a ‘disguised’ employee.
Friday Jul, 26, 2019 What’s Better – A Limited Company Or Umbrella Company If you’re a contractor in the private sector, you can choose to be your own limited company or through an umbrella company. We look at the differences and see which one is better for your needs.
Monday Jul, 15, 2019 Vat On Food The VAT on food industry can be quite taxing (pun intended) to get your head around.
Thursday Jul, 04, 2019 What Are Digital Challenger Banks? You may have heard of ‘challenger banks’ or ‘digital banks’. They are disrupting the normal banks and making us think of banking in a new way. But what are they?
Monday Jun, 24, 2019 Making Tax Digital Is Here – Are You Ready? You’ve probably heard of HMRCs new initiative, Making Tax Digital (MTD). If you haven’t, we recommend you read our previous article on MTD.
Tuesday Jun, 11, 2019 Filing Deadlines And How To Avoid Late Fees Small business owners are held to strict filing deadlines for your statutory filings and payments of tax. Failure to adhere to most filing deadlines set by the likes of HMRC and Companies House will result in a late filing fee – causing you to pay more money and attract unwanted interest from authorities.
Tuesday May, 21, 2019 How To Simplify Your Expenses As a self-employed person, calculating your profit can be confusing and more importantly time-consuming. To make it easier HMRC have created a way to simplify your expenses. It uses flat rates to work out certain business costs.
Wednesday May, 15, 2019 Managing Your Bookkeeping As An Influencer The rise of social media has brought opportunities for people to kick-start their own business. If you’re an influencer you’re more than likely going to be self-employed. It’s important to understand your tax and accounting responsibilities. You have the same responsibility as any self-employed individual.
Wednesday May, 15, 2019 How To Keep A Healthy Cash Flow A key issue small businesses and start-ups face is having a healthy cash flow. Late payments stop businesses moving forward. We’ve looked at small ways you can make a big difference to your cash flow to find out if cash really is king.
Thursday May, 02, 2019 Personal Trainer Expenses The rise in the fitness industry has paved the way for those seeking a career in the health world. A popular way, with relatively low start-up costs, is to become a self-employed personal trainer.
Wednesday Apr, 17, 2019 How To Extract Profit As Income Since the tax rates on dividends increased in 2016, owners of limited companies have had to rethink how they extract profit as income. We look at the most common and the benefits of each.
Tuesday Mar, 26, 2019 The Boat House Cafe – Case Study When we first met Derrick he had been trading for one year at The Boat House Café in Barking, East London.
Wednesday Mar, 20, 2019 Construction Industry Scheme (cis) Returns If you’re self-employed in the construction industry and have had tax deducted from your pay by your employer, you could be entitled to a tax refund.
Wednesday Mar, 13, 2019 Are You Due A Stamp Duty Refund ? Since 1 April 2016 if you purchase an additional property, such as a second home or a buy to let, your purchase will be liable to a higher rate of stamp duty.
Tuesday Feb, 26, 2019 How To Automate Your Bookkeeping If you’re a small business owner, you’ll know how painfully slow manual bookkeeping can be. And with VAT returns, Corporation Tax, and much more to think about, it’s a pretty boring slog.
Monday Feb, 04, 2019 Worried About Making Tax Digital? Now that the self assessment tax return deadline has passed our focus has switched to Making Tax Digital.
Wednesday Jan, 02, 2019 Small Business In 2019 The end of the calendar year is a time for reflection of performance during the past 12 months and also a time to set new goals for year ahead for your small business.
Monday Dec, 17, 2018 Countdown To Making Tax Digital As of 1 April 2019 all VAT registered businesses will be required to participate in MTD. The current online portal for VAT submissions will no longer be accessible.
Sunday Nov, 04, 2018 Company Formation You have decided to run your business as a private limited company. But you don’t know how to set one up.
Thursday Nov, 01, 2018 Off Payroll Workers Mondays budget posed new challenges for off payroll workers from April 2020. As a result of changes in rules, ‘off payroll’ workers will be paying more tax.
Wednesday Oct, 31, 2018 The Budget 2018 The Chancellor of Exchequer presented his 2018 budget on Monday. In today’s article we have chosen and summarised the key points for small businesses.
Wednesday Oct, 24, 2018 Cloud Accounting & Xero Traditionally, handing over data to your accountant was a difficult process. This probably only happened once a quarter or once a year.