The Autumn Statement 2022
Now the dust is settling after the recent announcements, Government U-turns and further announcements, it is time to draw breath […]
Taxable interest? With interest rates rising this might affect you soon
A “savings allowance” is available to basic rate taxpayers – £1000 p.a. and higher rate taxpayers – £500 p.a. With
Bookkeeping – keep your business and private spending separate!
Business expenses can be claimed against tax, but personal expenditure cannot. It is therefore necessary to distinguish between the two.
Claiming child benefit – be aware of the clawback
The High Income Child Benefit Charge can catch out the unwary. If you, or a partner, are claiming child benefit
Inheritance Tax – Have you given this any consideration recently?
Inheritance tax is a charge that can be applied on the estate (the property, money and possessions) left behind when
Turmoil in the finance world!!
The recent announcements by then Chancellor Kwasi Kwarteng regarding tax and NI cuts, changes to proposed corporation tax rates etc
Do you sell via online platforms and if so, are you accounting correctly?
The Internet means a business can sell products to practically anywhere in the world. There are many online selling platforms–
The upsides (and downsides) of being a higher rate taxpayer
The payment of tax is a necessary evil and a way of life, although no one likes paying it! A
“Bookkeeping – its so easy with accounting software these days” -but is it “right”?
Developments in accounting software has automated significantly the process of entering transactional data into the records. With the likes of
How do you deal with VAT?
There are various VAT schemes and methods available to calculate VAT. The standard method is to account for VAT based