In the unpredictable world of business, it’s not uncommon for companies to experience financial losses.
Category Archives: Accountancy
100 days until the Self-Assessment deadline: Are you ready?
We are now only 100 days away from the Self-Assessment tax deadline on 31 January 2024.
Cloud-powered accounting: Advancing beyond traditional cloud accounting systems
In modern businesses, cloud accounting has now become the norm rather than the exception.
How you can improve your business performance
You are an established business and doing well, but you are still ambitious and looking to improve and expand.
A guide to National Insurance and State Pension eligibility
Introduced in 2016, the new State Pension is a payment based on your National Insurance record when you get to State Pension age.
Pay boost for millions as National Insurance threshold rises
Further changes to National Insurance Contributions (NIC) kick in from July this year and will be a welcome boost for most taxpayers who suffered an increase in April.
Updated requirements for submitting Corporation Tax CT600 Return
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With the winding up of the Coronavirus Job Retention Scheme (CJRS) or furlough, at the end of September, it is vitally important that all employers are up to date with their Corporation Tax Form CT600, particularly over grants received from the scheme. Continue reading
MTD for Income Tax delayed until April 2024, HMRC confirms
Making Tax Digital (MTD) for Income Tax will be delayed until April 2024, the Government has confirmed. Continue reading
Management accounts give snapshot of business performance
There are important financial statements in every business including the profit and loss (or income) statement, the cash flow statement, and the balance sheet. Together, these documents provide important numbers and a snapshot of your finances.
New call for professional accountancy standards
Calls have been renewed for the Government to make membership of a recognised professional body mandatory for anyone offering paid-for tax accountancy services.