Simple blog articles to help keep you up to date with what matters in the world of bookkeeping, tax and accounts
Making Tax Digital - Don’t be an April Fool!
Businesses across the UK all have 6 April 2019 marked in their calendars: the end of the current financial year, and the beginning of the new. In addition, 1 April is marked on financial calendars this year too - a date that impacts VAT-registered businesses above the threshold of £85k - as part of HMRC’s […]
Mental Health - It's Time to Talk Day
It's Time to Talk Day on 7th February 2019. Mental health problems affect one in four of us, and money and mental health are often linked. Running a small business can be tough, especially if you have to do everything yourself. While it may be normal to feel some level of stress, financial worries are […]
There's no Ducking it - Self Assessment Tax Return Deadline
Could you be fined? The Self Assessment Tax Return deadline is approaching. Failure to file your return on time puts you at risk of a fine. Are you running out of time? Contact us today and we'll help you get your tax returns in order. The deadline is midnight on 31 January 2019 The deadline […]
Residential Landlords: Your Annual Rental Tax Returns, made easier
April 2018 saw the phasing in of changes to tax relief for residential landlords. The changes will restrict the tax relief that landlords of residential properties get for finance costs to the basic rate of Income Tax, a process that will be fully in place from 6 April 2020. The rate of tax residential landlords […]
Make sure you don't have to pay tax on your office Christmas party!
Christmas is coming, the goose is at its max, but what's your obligation for NI and tax? Apologies 🙂 If you're an employer providing a staff Christmas party or an annual function for your employees, you have certain National Insurance and reporting obligations. In this article, we look at how to make sure you comply this festive […]
Going Blue for World Children's Day
Today (20 November 2018), is a date that is recognised by UNICEF as a day for children, by children, and celebrated by countries across the world. Although some parents might feel like every day is about their little one, we agree one more can't hurt. Today is World Children's Day, and we're going blue in […]
From Xero to Hero
The drop in temperature is a sign that autumn is on the horizon, and that we're already half-way through the financial year. That means there's just six months to go before VAT-registered businesses with an annual turnover of £85k will be mandated to make tax digital. Not all businesses will be required to keep their […]