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 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 Emma Lawrence | 15th December 2020 | Being an employer, Corporation tax, Limited company, PAYE, Self assessment, Sole trader, Tips and Tricks, VAT
If you’re worried you can’t pay your tax bill then your best bet could be to set up a Time to Pay Arrangement. As part of the response to Coronavirus, the government has extended its Time to Pay (TTP) Arrangement to help support businesses struggling to manage their...
by Georgi Rollings | 21st May 2020 | Business Planning, Self assessment, Sole trader, Tips and Tricks
Just a couple of hours work on your taxes now can help you predict your cash flow for the next year We are more than a month into the new tax year already! The new tax year always happens at spring time. The weather has been glorious this year, bringing buds...
by Georgi Rollings | 4th October 2019 | Directors, Limited company, Self assessment, Tips and Tricks
If you are the director of a limited company and you are trying to figure out the best way to be paid from your company then the first thing you should do is check whether you are affected by IR35 rules. IR35 is a tricky bit of legislation that looks at whether you...