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 14, 2022 | Information, National Insurance, News, PAYE, Vault
A change in National Insurance contribution (NICs) levels comes into force at the beginning of July, which should save around 30m people £330 each, according to the Government. From July 6, the amount you can earn before you start paying NICs will increase, which...
Jul 4, 2022 | Expenses, FAQ, Information, Vault
International trading is something many businesses are involved in, whether it’s because you are selling your good or services abroad or buying raw materials in from overseas to help with manufacturing. Either way, exposing yourself and your business to currency risk...
Jun 27, 2022 | Business Start Ups, Expenses, FAQ, Information, Making Tax Digital, News, Tax, Vault
If you are unlucky enough to be fined for a late filing, then the way in which any appeal can be made changed as of May 7. Prior to this, HMRC had temporarily reintroduced the ability to bulk appeal late filing penalties for income tax in 2020 and 2021. But from now...
Jun 20, 2022 | Business Start Ups, FAQ, Information, Vault
Putting aside the tax money due each time you have an invoice paid is sensible planning, but is that money working as hard for you as it could be? Many current accounts are paying no interest whatsoever, and when it comes to savings accounts, you would still be...
