Trading on digital platforms? – HMRC is watching!
Under new rules, from 1 January 2024, information will be sent to the tax authorities by those platforms. The goods […]
Electric cars – buy new or used?
Buying an electric car through your company can produce significant upfront tax savings. An electric company car costing say £65,000
PAYE – Pay it on time!
As with most taxes, if payment is late, interest is charged and sometimes penalties too. PAYE can be paid monthly
The Autumn Statement
The Chancellor, Jeremy Hunt, will present the Autumn statement to Parliament on 22 November 2023. This is likely to announce
When tax planning goes wrong…
Lord Alan Sugar was in the news recently regarding an unexpected tax bill – £186 million. This was tax on
Do you understand your payslip?
The payslip issued by your employer (you do get a payslip, don’t you?) is likely to contain incomprehensible terminology and
Are you STILL issuing manual invoices?
Sales invoicing is another area of accounting that is labour-intensive and prone to errors when creating them manually. There may
Out of pocket expenses – are you (or your staff) STILL using a spreadsheet?
Expenses can provide an admin headache on both sides of the coin! First, for the person who incurs the expenses
Might the VAT flat rate scheme be beneficial to your business?
If you use the Flat Rate Scheme, you charge VAT to your customers (‘output VAT’) and pay VAT to your
Filing information at Companies House
All companies must file annual accounts with Companies House – even if they are dormant or not trading. A Companies