by Jo Wormald | 17th May 2021 | Landlords, Self assessment, Sole trader, Tips and Tricks
Putting aside all the guilt connotations of the word “should” – and the fact that as accountants we are bound to say YES – there are a lot of good reasons to file your tax return early. Its human nature to let things you don’t like get...
by Juliet Wylie | 18th April 2021 | Corporation tax, Self assessment, Tips and Tricks
We all heard the announcements made in the 2021 Budget on 3 March 2021. But did you know that HM Treasury published more than 30 tax policy announcements and documents? These Tax Day announcements were made less than 3 weeks later. No changes will be implemented in...
by Juliet Wylie | 19th March 2021 | Being an employer, Directors, Limited company, Sole trader
New IR35 tax changes will come into force in the private sector in April 2021. As a result some self-employed workers, and the businesses that hire them, will have to pay tax differently. Are you one of the 170,000 ‘contractors’ who may have to pay more tax? Are...
by Annie Upton | 29th January 2021 | Directors, Self assessment, Sole trader
It’s the end of January. January generally isn’t the best of months in “normal” times. In the middle of yet another lockdown with all the worry and stress that goes with that, even if you don’t know anyone who has got COVID, this January...
by Georgi Rollings | 2nd October 2020 | Directors, Limited company, Start ups, Tips and Tricks
One of the questions we get asked most often is how much you can take as dividends. Taking money out of your limited company without double checking what you are doing is also one of the easiest ways to get yourself into a financial mess. Most of us were employees on...