Partnership - Accountants Chester | Phillips & Co

Trading and Property Allowances

by Terry Phillips | May 27, 2024 | accountancy, Allowances, business management, Business Owner, Chester, expenses, hmrc, partner, Self employed, Self-Assessment, Sole trader, tax, Tax planning, Tax return

Check Your National Insurance Record

by Terry Phillips | Apr 13, 2024 | National Insurance, accountancy, Accountants, Employer, Employment, hmrc, Income, Influencers, partner, PAYE, Payroll, Self employed, Self-Assessment, Sole trader, tax, Tax planning

Understanding Your Tax Code: A Key to Accurate Tax Payments

by Terry Phillips | Mar 24, 2024 | Self-Assessment, accountancy, Accountants, Income, Income Tax, influencer tax, making tax digital, partner, Self employed, Sole trader, tax, Tax planning, tax rebate, Tax return

Accountants Chester – Tax Tip No. 65 As a taxpayer in the UK, understanding your tax code is essential for ensuring you pay the correct amount of tax throughout the year. Your tax code is a combination of letters and numbers that directly influence how your...

Cash Basis Extended

by Terry Phillips | Jan 14, 2024 | Sole trader, accountancy, Accountants, Business Owner, hmrc, Income Tax, partner, Partnership, Self employed, tax, Tax return

Accountants Chester – Tax Tip No. 55 If you are running an unincorporated business, either as a sole trader or as a partnership comprising only partners who are individuals, you can use the accruals basis to prepare your accounts or, if you are eligible, the...

7 Key Tax Planning Points for SMEs

by Terry Phillips | Nov 28, 2023 | Tax planning, accountancy, Accountants, Business Owner, director, Partnership, Self employed, SME, Sole trader, tax

Accountants Chester – Tax Tip No. 50 Navigating the Autumn Statement Changes The recent Autumn Statement introduced several tax changes that could significantly impact small and medium-sized enterprises (SMEs). To help you navigate these changes, we’ve...

Do I Need to Complete a Tax Return?

by Terry Phillips | Sep 29, 2023 | Self-Assessment, accountancy, accountancy software, Accountants, Business Owner, director, dividends, employee, Employer, Family Business, gift aid, hmrc, Income Tax, influencer tax, Inheritance tax, making tax digital, MTD ITSA, partner, Personal Allowance, Profit Extraction, Self employed, Shares, social media, Sole trader, tax, tax rebate, Tax return, tiktok

« Older Entries

Cookie	Duration	Description
cookielawinfo-checkbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.