If you’re earning money outside of payroll and you’ve not been taxed on it yet, you’ll need to know everything about doing a self-assessment tax return. A self-assessment tax return is something you’ll need to do every year if you’re self-employed or earning income...
If you’re a sole trader or in a partnership and your accounting period ends between April 6th and March 30th, you need to know HMRC’s latest statement! In brief, HMRC recently released a statement to say they’re wanting to standardise the accounting periods...
Now that the UK is in full swing for Making Tax Digital (MTD), it’s time to choose the best accountancy software for you. So, we’ve reviewed 7 of them. As ACCA-qualified accountants with countless years of experience, we’re well-versed in what can work and for who....
As we approach the “Making Tax Digital” (MTD) deadlines, it’s more important than ever for you to know about cloud accounting and cloud bookkeeping. Right now, more than half of the small to medium enterprises (SMEs) across the UK are already doing all of their...
On 1st June, 2022, HMRC released an update to the rates of mileage for company car drivers. However, these changes have seen a vat of criticism. As a business, you might be providing your employees with a company car, where you’ll have to charge for personal use. Or,...
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