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
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...
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...
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
by Terry Phillips | Sep 4, 2023 | Tax return, accountancy, Accountants, Business Owner, director, hmrc, Income Tax, partner, Self employed, Self-Assessment, Sole trader, tax
Accountants Chester – Tax Tip No. 36 If you need to file a Self Assessment tax return for 2022/23, you have until midnight on 31 January 2024 in which to do this, as long as you file online. However, HMRC have been encouraging taxpayers to file their tax return...
