by Stapletons | Oct 3, 2017 | Accounting and bookkeeping, Tax
Self-assessment is the process HMRC uses to collect income tax outside of wages, pensions and savings. People and businesses with other income need to file a tax return each year. Income received during the financial year (between 5 April and 6 April) must be reported...
by Stapletons | Aug 3, 2017 | Tax, Running a business
Although we’ve yet to reach the year-end, it’s always good to plan ahead when it comes to managing your taxes. All companies are required to pay corporation tax on any profits made during their accounting period. The rate for company profits in 2017/18 is 19%. While...