New Tax Year Drop In Day
The beginning of April is always a busy time for businesses of shapes and sizes as the old tax year comes to an end and the new tax year starts. This is when the Chancellor’s various tax and other policy…
HMRC advice about Brexit
HM Revenue and Customs (HMRC) is currently urging businesses to prepare and consider steps to ensure they can continue to trade within the EU market in case of a no deal Brexit. Procedures such as customs declarations, the VAT Number…
Inheritance Tax Policy in the UK
Inheritance tax is one of the most disliked taxes in the UK, and probably the rest of the world too, but we are only concerned with the UK. Although it raises much less in tax than for example VAT and…
6 Working Weeks until April 5th
April 5th 2019 is now only 6 working weeks away and as happens every year this is a crucial date in the accounting diary as it is the end of the tax year and the date that the Chancellor’s budget…
Payroll Services for SMEs
Administering your payroll can be a time consuming activity, it will drain significant resources from your core business activities if you attempt to manage all of the work yourself. Add into the mix taxation, employment legislation and the penalties for non-compliance…
Bookkeeping Services
Bookkeeping is one of things that should be set-up and organised for every business but it is surprising how many start-ups, sole traders and SMEs haven’t got a good bookkeeping system in place. Why bother with bookkeeping services? Well it…
Tax & Other Changes Due in 2019
It is often difficult to keep up-to-date with changes in tax and wage related updates as they are often announced well in advance of them actually coming in to effect. Here is a summary of the major ones due in…
Tax Advice as this Year’s Deadline Looms
With the 31st January deadline just 4 weeks away, now is a really good time to get in touch with your tax advisor or tax accountant to make sure you have your online tax return filed correctly. In almost all…
Maxing Tax Digital – Who will pay?
The Economic Affairs Committee has warned the HMRC that small businesses in the UK ‘could pay a heavy price’ for Making Tax Digital for VAT (MTD for VAT). What is MTD for VAT? If you haven’t heard of it, you need…