Blog

26 May 2022

How to Work Out Your Capital Gains as a Landlord

When selling a property that hasn’t always been your main residence, you need to be aware of Capital Gains Tax.

24 May 2022

What Can You Claim Through Tax Relief?

Tax relief can be hugely beneficial to business owners as it reduces the amount of tax you pay, or it can provide you with a lump sum if you claim back tax you’ve already paid.

17 May 2022

How We Can Help Those Planning for Succession

If you own a company – no matter how big or how small – and want to step back while the business continues, it’s vital you have an effective succession plan in place.

27 Apr 2022

What to Think About When Leaving Your Business

Has the time come for you to move on from your business? This can be a daunting process to think about, and there is plenty you should think about before making any decisions.

27 Apr 2022

The Importance of Cash Flow

Whilst making profit is the key aim when it comes to a successful business, cash flow is just as important.

08 Apr 2022

What You Need to Know About the Tax Changes in the Spring Statement

Chancellor Rishi Sunak announced his Spring Statement on Wednesday 23rd March. It included details of basic rate income tax cuts, as well as a raise in all NIC payment thresholds.

04 Apr 2022

The Importance of Finances When Growing Your Business

Deciding to take your business to the next level is an exciting time. Whether adding a new product line, introducing new staff members, or opening another store in a new area, your finances must be in order before taking this leap to ensure success.

04 Apr 2022

How to Choose the Right Accountant for You

Entrusting your business’s finances to another person is daunting. You must find the right accountant for your business so that you feel comfortable sharing information, and know you can rely on them.

01 Mar 2022

How to Sign Up to Making Tax Digital

HMRC announced in July 2020 that all VAT-registered businesses – regardless of income - must file digitally through Making Tax Digital (MTD) as of April 2022. All businesses with a turnover of above £85,000 should already be filing through MTD.

01 Mar 2022

Capital Gains Tax in the Housing Market

The housing market has been complicated and competitive since the end of 2019. There has been a staggering increase in house prices over the past couple of years, and we can expect to see further increase as we move into 2022.

10 Feb 2022

Important Update for Self-Assessment Taxpayers

Due to the pressure Self-Assessment taxpayers have been under since the start of Covid-19 in March 2020, and the uncertainty caused by the pandemic during the tax year 2020 – 2021, HMRC are temporarily waiving late filing and late payment penalties.

13 Sep 2021

How Can Having an Accountant Improve Your Small Business?

Ensuring your accounts are in order for your small business is vital for success. Many may think that having a basic understanding of your finances is adequate, and the need for an accountant is non-existent, but hiring a professional accountant for your company can improve the way you work, your revenue and even your profit.

16 Jun 2021

What you need to know about the new Insolvency Service

New legislation has been introduced to target directors who dissolve their businesses, leaving both staff and taxpayers unpaid.

08 Jun 2021

Plant Machinery Super Deduction - What's covered and who does this affect?

In an effort to help the economy and support businesses through the coming months, Chancellor Rishi Sunak announced new temporary tax reliefs on plant and machinery in his March 2021 budget. This was introduced to entice businesses to invest in plant and machinery by offering a higher level of relief than previously available.

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