Oct 5, 2022 | HMRC, Income Tax, Information, News, Tax, Vault
Archived Article NoticeThis article reflects economic conditions and government announcements available at the time of publication. Financial markets, tax measures and economic policies may have changed since this article was written. New chancellor...
Sep 23, 2022 | Covid-19, Expenses, FAQ, Information, News, VAT, Vault
All deferred VAT payments should have been dealt with by now, but HMRC has flagged in its latest bulletin for August that if your business is one of those that still has not managed to complete the payments that have been delayed, then you could be facing a penalty....
Sep 19, 2022 | Business Start Ups, Information, News, Tax, VAT, Vault
Self-assessment is an annual event, and it is always towards the back end of the year that you need to start thinking about it. Many people will already be registered for self-assessment, but there are others who will need to register for the first time this year,...
Sep 12, 2022 | FAQ, Information, News, Vault
The end of the summer holidays is upon us and not only does this mean the children going back to school, but also a return to more normal work and family life as we head into the autumn. With prices going up at seemingly ever faster levels, are you getting all the...
Sep 5, 2022 | Business Start Ups, Expenses, Information, News, PAYE, Vault
Dealing with PAYE is one of the main roles of any accounts department, and HMRC has been busy in this area over the past month, meaning there is plenty for businesses to know for the months ahead. One of the most pressing issues is that PAYE Settlement Agreements are...
Aug 29, 2022 | Business Start Ups, FAQ, Grants, Information, Vault
Many businesses benefited from grants during the pandemic, but how many realise there are other grants they may be able to access at any time to help their business grow and thrive? In fact, there are a large number of grants available across the UK to help businesses...
Aug 22, 2022 | Business Start Ups, Expenses, FAQ, Information, News, Vault
Inflation is a word on many of our lips at the moment as the cost-of-living crisis continues unabated. While the headline rate of inflation – which hit 9.4% in June this year – relates to the average inflation rate suffered by individuals living in the UK, the actual...
Aug 15, 2022 | Business Start Ups, FAQ, Grants, Vault
If your business does not qualify for a grant but you still need to get some capital to boost your business, then you may want to consider a business loan. There are many ways to access loan funding and your business bank is likely to be your first port of call....
Aug 1, 2022 | Information, News, QuickBooks, Tax, Vault
Companies and sole traders who have not yet finalised their plans to comply with Making Tax Digital are in the last chance saloon this month, and the very latest date you have to comply with MTD for paying VAT is August 7. That is the latest date on which you will...
Jul 25, 2022 | Business Start Ups, Expenses, FAQ, Information, Vault
If your business has spent money on plant and machinery and it is subject to corporation tax, then it may qualify for a super deduction which is a temporary allowance you do not want to miss. Qualifying purchases will need to have been made between April 1, 2021, and...