by yasiradnan94 | Jan 10, 2020 | Accounting, Advice, Bookkeeping, Business, Contractors, FAQs, Financial planning, News, Property, Small Businesses, Tax planning
The tax return deadline is on 31 January, meaning that you have less than a month to finalise your tax affairs for the year ended 5 April 2019. It also means you have just a few days to settle your tax payment. TAX DEADLINE – 31st January 2020 The most pressing...
by yasiradnan94 | May 9, 2019 | Accounting, Advice, Bookkeeping, FAQs, Landlords, News, Property, Small Businesses, Tax planning
From April 2019 there has been a significant restriction to rent-a-room relief. Read on to find out more. In 2018 the Chancellor announced a significant restriction to rent-a-room relief with effect from 6 April 2019. It would only be allowed where you occupy your...
by yasiradnan94 | Jan 4, 2019 | Accounting, Advice, Bookkeeping, Business, FAQs, Financial planning, News, Small Businesses, Tax planning, VAT
The existing penalty system is due to change from 2020. Read on to find out more about what you need to do to avoid penalties now or in the future. The existing penalty regime will apply for the first year of mandatory MTD submissions from April 2019 but is due to...
by yasiradnan94 | Aug 29, 2017 | Accounting, Advice, Bookkeeping, Freelancers, Small Businesses, Tax planning
Starting self-employment is a big step. No longer will you have the luxury of a regular salary and you will also have new responsibilities when it comes to reporting your tax affairs to HMRC. It need not be daunting though as help is available. Here in a checklist of...
by yasiradnan94 | Aug 16, 2017 | Accounting, Bookkeeping, Freelancers, Small Businesses
Xero is one of many cloud accounting software packages, however we think it is one of the best. It not only allows you to save time and therefore focus on your core business operations. It also allows you to make much more educated business decisions. Find out 10...
by yasiradnan94 | Jul 31, 2017 | Accounting, Bookkeeping, Contractors, Freelancers, Small Businesses
It may be that paying your July tax payment on account has spurred you into thinking about tax in general, or maybe you have already been sent a few reminders from your accountant about getting this year’s tax return records to them. But yes, it is that time of...