Blog

Home » News & blog » Blog

Sharing our knowledge

Preparing for Making Tax Digital

With autumn in the air, our team of accountants continue to help owners of VAT-registered businesses make the transition towards digital accounts. That’s because, subject to any further delay, all businesses with annual taxable turnover of more than £85,000 will need...

Securing funding for your business

Sourcing funding is a vital component of running a successful business, whether it’s getting your idea off the ground, easing a cashflow crisis or financing the next stage of its development. The first port of call for most established business owners is their bank,...

Extracting profits from partnerships

Depending on how many business partners are involved in your partnership, each partner takes their slice of the pie and pays income tax on it accordingly. This should be a key part of your business plan, and there are several ways for you or your partners to get paid...

Setting up payroll for the first time

You’re starting a business and recognise the need to take on employees to help you share the load, but paying them in cash isn’t an option as you’ll be breaking the law. You usually need to register to pay income tax and national insurance contributions (NICs) through...

How to set up as a sole trader

So you’ve had enough of being on the treadmill working for someone else and decided it’s time to break free and go solo. The good thing is you’re not alone as the number of sole traders, which are classed as businesses with no employees, grew 25% quicker than any...

Spring Statement 2018: round-up

Chancellor Philip Hammond resisted any temptation to make significant tax changes for the sake of it when delivering his first Spring Statement on 13 March 2018. There were no juicy rumours in the lead-up to the event, no red briefcase and no photoshoot outside 11...

Deregistering for VAT

If sales are slowing down in your business and forecasts look like your taxable turnover will bring you under the VAT threshold, it’s probably time to consider deregistering for VAT. You can only do this if your business expects its taxable sales in the next 12 months...

Online tax returns – FAQs

New year marks a busy period for nigh on 5 million self-employed workers, with the deadline for submitting online tax returns fast approaching. You should already have registered for self-assessment with HMRC and received your 10-digit unique taxpayer reference (UTR)....

Key changes from Autumn Budget 2017

Nobody quite knew what to expect from Autumn Budget 2017, with the government remaining tight lipped in the run-up to the chancellor’s unusually witty speech. Normally rumours, or a lack of them in this case, are a sign of things to come and it was no different when...

Page 1 of 212

How can we help?

Arrange your free meeting to find out.