May 29, 2022 | Business Start Ups, Expenses, FAQ, Information, ISA, Loans, Making Tax Digital, Misc, National Insurance, News, QuickBooks, Tax, Vat
Using up personal allowances is not the only reason you should see your accountant at the start of the tax year, it is also the best time to get a health and wealth check for your business too. The end of the tax year is the busiest time for your business and your...
May 23, 2022 | Business Start Ups, Information, Misc, Tax
What is a Payment on Account? If you owe more than £1000 tax you will be required to pay a Payment on Account. Payment on Account means that you pay your tax in two instalments: First in January (the usual deadline for paying the tax bill for last year) Second in July...
May 16, 2022 | Expenses, Information, ISA, Misc, Tax
If you are one of those people who is always racing to use up your tax allowances, such as Individual Savings Accounts (ISAs) at the last minute before the end of April 5, then you are not alone. But you could be making a big mistake. When it comes to mopping up tax...
May 9, 2022 | Business Start Ups, FAQ, Information, Making Tax Digital, Misc, News, QuickBooks, Vat
Anyone filing VAT returns from April 1, 2022 onwards now has to file their return digitally as HMRC’s Making Tax Digital reaches its next phase. All businesses registered for VAT – even if they have turnover below the threshold – must file their returns this way from...
May 4, 2022 | FAQ, Information, Misc, News
You may have already noticed when you are buying things online that you are now being asked to confirm your purchase in more than one way to improve security, and this is the result of the new Strong Customer Authentication (SCA) regulations which came into effect on...
