3 things every business should do at tax year end
These are top 3 things you should as a business owner at the start of every tax year.
tax
Why you should outsource your bookkeeping
When you’re a start-up or a small business you are hopefully going to be busy. You need to work at your job of selling your products or proving your service and marketing your business. It’s not surprising that accounting tasks, such as tracking your income and expenses often take a back seat. Bookkeeping isn’t everyone’s …
Making Tax Digital – Our Top 10 Resources
Making Tax Digital (MTD) is a UK government initiative that sets out a vision for the ending the traditional tax return. HMRC state that the main goal of Making Tax Digital is to make tax administration more effective, more efficient and simpler for taxpayers. Under the new initiative taxpayers will send HMRC summaries of their income and …
What is IR35?
IR35 has been receiving increased press coverage at the moment, for example the news about Ex-BBC Look North presenter Christa Ackroyd facing tax bill of £420k, which your can read on the BBC website, here, http://www.bbc.co.uk/news/uk-england-43074584 What is IR35 and how does it effect a contractor? IR35 is tax legislation that was introduced in 1999 …
Spring Statement 2018: what you need to know
Yesterday the Chancellor of the Exchequer, the Rt Hon Philip Hammond MP, delivered his first Spring Statement to Parliament. The Chancellor used his speech to respond to the latest forecasts from the Office for Budget Responsibility and highlighted some areas of public consultation. The Spring Statement does not include any new spending or policy announcements.This …