accountants in worsley

Annual Payroll Reporting and Tasks

Preparing your payroll records is an important element of accounting for any small business and applies even if you only have a single employee. Without accurate payroll calculations and records you can run into difficulties with Government legislation such as that for the minimum wage allowances. Recent “naming and shaming” of businesses often show that…

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bookkeepers in worsley

Bookkeeping Requirements for Sole Traders

If you are a self-employed either as a sole trader or as a partner in a business partnership you must keep records of your business activities. Here is a short summary of the bookkeeping requirements for sole traders: Income and Expenses For your tax return you will require records of all business income received and…

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Accountants for self employed Salford

Self Employment is on the Increase

Research carried out by banking group Aldermore has suggested that a significant number of UK workers are planning to become self-employed in the future. This is a trend recognised by a CIPD megatrends report which reveals that 1 in 7 of UK workers are now self-employed. Aldermore found that 29% of individuals aim to become…

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tax consultants in manchester

Self Assessment Deadline is Approaching

The deadline for Self Assessment Tax Returns is rapidly approaching and on behalf of accountants everywhere, please don’t leave it until the 31st January to think about it. Act today, call us for help, call someone for help, but don’t delay another minute. According to a very useful Government Tax blog on the HMRC website…

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tax advisors in manchester

Rates & Allowances for 2018/19

Following on from last month’s budget, we’ve identified a few of the most important elements for SMEs. The first of these covers the changes to personal and business tax allowances for the new tax year starting in April 2018. Rates and allowances For 2018/19, the personal allowance will be increased to £11,850 and the basic rate…

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accountants manchester

British Business Bank

The British Business Bank is a government owned business development bank that is dedicated to trying to make the financial market more accessible to small and medium sized businesses. Most businesses will be looking for finance at some stage in their development and normally they will need it and many different times. So you may…

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