13
Sep
29
Aug
What you need to know for tax when you start self-employment
Starting self-employment is a big step. No longer will you have the luxury of a regular salary and you will also have new responsibilities when it comes to reporting your tax affairs to HMRC. It need not be daunting though as help is available. Here in a checklist of the most important things to know for tax when starting self-employment.
24
Aug
Stamp duty on second homes
Purchasing your first home, or moving into a new property, is an exciting and joyous time. It is also a big financial commitment. Getting expert financial advice could save you money as well as time and stress. There are many things to consider when purchasing a property, even more so if you are purchasing a second residential property. One of these is stamp duty.
16
Aug
10 reasons why Xero is good for your business
Xero is one of many cloud accounting software packages, however we think it is one of the best. It not only allows you to save time and therefore focus on your core business operations. It also allows you to make much more educated business decisions. Find out 10 great reasons why Xero is good for your business (and that means good for your profit too).
31
Jul
It’s time to send your accounting records
It may be that paying your July tax payment on account has spurred you into thinking about tax in general, or maybe you have already been sent a few reminders from your accountant about getting this year's tax return records to them. But yes, it is that time of year again where the 5 April has well and truly passed and from now on, the sooner you get your tax return finalised the better, so you can have an early indication of your next tax bill.
26
Jul
Cloud Accounting Software: is it now a necessity?
Cloud accounting software is talked about a lot these days, but is it just an advantage or is it a necessity, for your small business? It may be that you are comfortable with your own system, whether that is Excel or another desktop application. However, with the advancement of technology, the increased risk of security breaches and the new government incentive for Making Tax Digital, soon there may not be the choice.
09:00 /
Accounting / Advice / Bookkeeping / Contractors / Freelancers / Landlords / Small Businesses
18
Jul
Save Tax by Making Charitable Donations
Business owners make charitable donations as a way to reduce their tax bill, whilst contributing to their charity of choice. Terms and conditions apply though so it is important to understand the tax rules and regulations before making your donation, to ensure you maximise your tax position. Find out about how it works for sole traders and limited companies.
27
Jun
Taxes for Photographers
Tax and accounting are often not welcome tasks for photographers, who invariably prefer spending their time being creative. It often becomes the last task on the list and subsequently there can be some pressure around deadlines if things are left until the last minute. Fortunately, help is available and technology allows for an easier ride these days. Find out tips for completing your tax in a hassle-free way.
17:00 /
Freelancers
23
Jun
SELF ASSESSMENT: How to Pay Your July Payment on Account
The self-assessment tax system requires you to pay a tax payment on account in July. It is an estimate based on last year's tax and the payment goes towards your next tax bill in January 2018. Unless your tax is minimal then a payment on account will be required and if it is, it is advisible to pay it. Unless your situation has changed though - then you can file a form to reduce your payment on account. Find out more...
12
Jun
Making Tax Digital Delayed – What This Means For Small Businesses
Making Tax Digital Making Tax Digital (MTD) has been talked about a lot in recent months, even as part of the Election manifestos. This government initiative to get 100% of tax filing into a digital format was due to take effect from 2018. However, recent announcements confirm that...