Entries by Abby Hawkins

Receipt Bank Partners

We are now officially Receipt Bank partners!! Always making your book keeping lives easier! Contact us for info! #receiptbank #accountexReceipt Bank

Making Tax Digital: the death of the tax return?

Making Tax Digital (MTD) is a new regulation put in place by HMRC that will revolutionise the UK tax system and ultimately bring an end to the self-assessment. The aim of Making Tax Digital is to make recording tax easier for tax payers by implementing a fully digitalised tax system. HMRC are staging the implementation, […]

VAT and Online Businesses

When tax time rolls around, you can hear the collective groan of all the business people who have to start sorting their financial records.  Chances are that even though you operate an online business, you’re feeling pretty much the same way as the dreaded tax season approaches. If your online business is going from strength […]

Being Mortgage ready and Self Employed

This week I have been talking to lots of my clients (new and existing) about how to get their accounts mortgage ready! And yes when you are self employed this is a real task! One that you ideally need to sit down with an accountant 12 months in advance of applying for a mortgage. Don’t […]

Starting up your own business?

Are you thinking about starting up your own business? If so, here are our top tips… Offer What People Want to Buy Sounds simple right? However, all too often people get carried away with an idea that may not be as thoroughly thought out as it should have been. Although you need to be passionate […]

Registering as an Employer with HMRC

Do you know what you need to do to register as an Employer with HMRC?? NO? Then have a read…… You need to register as an employer with HMRC when you start employing staff.  You must register before the first payday providing information about the business and its employees.  It usually takes up to 5 […]

Employment Law Changes & Gender Pay Audit

April will see the deadline for gender pay audits, rises in statutory pay rates, the National Living Wage and the end of Fit for Work assessments. The Statutory Maternity Pay, Statutory Paternity Pay and Shared Parental Pay levels will rise to £145.18 per week (up from £140.98) from 9th April. Statutory Sick Pay will go up […]

Mailing list sign up

Due to the new laws regarding GDPR we need you to confirm that you are happy to continue to receive emails from us on relative accounting news and topics. Please fill in the short form below;  

Dividends

What are Dividends? A dividend is a payment a company can make to shareholders if it has made a profit.  You cannot count dividends as business costs when you work out your Corporation Tax. Your company must not pay out more in dividends than its available profits from current and previous financial years. If you invest […]