Accounting Apps and add-ons
As well as the open banking tools, there are many hundreds of other products which can integrate with your accounting […]
Strategy
Paying your personal tax bills
Personal tax payments are generally made on 31 January and 31 July. Now is a good time to plan for
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
Do you have a clear view of your business position on a regular basis
The accounts are all on the computer and, you think, the records are well maintained, and the bank feeds work
The cash basis for unincorporated businesses to calculate profits – is it worthwhile?
The cash basis has been in existence for 10 years now, and it is a “simplified” regime to calculate taxable
Company pension contributions – make sure these are paid in time
A company can make pension contributions for a director. However, timing is key, as it is not possible to accrue
Do you have significant capital expenditure plans for your limited company?
Get the timing right to maximise tax benefits. Life in taxation is always a moving goalpost – and things might
Getting money out of your limited company
If you are a sole trader or a partner in a business, extracting funds from the business is quite simple.
Capital Gains Tax on residential property disposals
Since 6 April 2020, it has been necessary to report a gain arising to HMRC and pay the estimated tax
QuickBooks Desktop software user? Support ceasing on January 31 2023…what now?
QuickBooks desktop users are being notified that support will be discontinued, and it appears that desktop versions might not even