Accountancy Tag

23 Jul Payroll for temporary staff

Posted at 20:27h in Managing your business, Payroll

Are you taking on temporary staff?...

21 Nov Making Tax Digital (MTD) for VAT

Posted at 13:24h in VAT

What is MTD for VAT?Making tax digital (MTD) for VAT requires VAT registered businesses to keep records digitally and file their VAT returns using compatible software.Compatible software must be capable of:recording and preserving digital records; andcommunicating digitally with HMRC through their API platform.The software can...

21 Nov VAT – Pre-registration expenditure

Posted at 12:59h in VAT

I'm now registered for VAT...

21 Nov VAT Schemes

Posted at 11:42h in VAT

What VAT schemes are available?...

21 Nov VAT Registration

Posted at 10:27h in VAT

When do I need to register?...

14 Sep Tax Free Childcare

Posted at 16:26h in Family Tax saving tips

What is tax free childcare?...

25 Jun Tax return filing

Posted at 21:36h in Tax Returns

Why should I file my tax return early? The deadline for filing your self assessment tax return is 31st January each year, however it can be done any time after 6th April. The deadline for payment is also 31st January. More than 77,500 tax payers submitted their...

18 May Business bank account

Posted at 09:24h in New Businesses

Do I need a business bank account? A question I regularly get asked from business owners when they are first starting out is "do I need to open a business bank account?" This will depend on the type of business you own and its structure. What is...

28 Sep Trivial Benefits

Posted at 10:32h in Business Tax saving tips

What is a trivial benefit? Who can receive them and do they need to be reported? What is a trivial benefit? A trivial benefit is a tax-free employee benefit which could be described as a small gift or perk. There are pretty strict tax rules from HMRC about...

02 Jan Payment on account

Posted at 12:16h in Tax Returns

Your Self-assessment bill includes a payment on account?...