by Rachael Hayes | Mar 18, 2025 | Accounts, Business, Tax
MTD IT - What it means for the self-employed. The UK tax system is evolving, and if you’re self-employed or a landlord, these changes could significantly impact how you manage your finances. Making Tax Digital for Income Tax Self-Assessment (MTD IT) is set to...
by Rachael Hayes | Sep 4, 2024 | Business
In today’s fast-paced business world, finding the right accounting firm to handle your financial needs is crucial. While there are plenty of options to choose from, it is essential to consider the benefits of personalised service when making your decision....
by Rachael Hayes | Jul 17, 2024 | Business, Tax
Payment on account, what does it mean and how does it work? ‘Payments on account’ as they are known are the advance payments you’ll need to make towards your self assessment tax bill if you’re self-employed. A main factor to understand is that these payments are for...
by Rachael Hayes | Jun 5, 2024 | Business, Tax
Is it actually cost effective to do my own books? You started out in business no doubt with a clear vision and purpose on how you would take your ideas and expertise forward. To develop your brand, wow your customers, work the hours that suit you and make yourself a...
by Rachael Hayes | Mar 4, 2021 | Budget, Business, COVID-19, Tax
Spring Budget 2021 Share this page: Coronavirus Support The furlough and self-employment income support schemes (SEISS) have been extended until the end of September. Furlough Employees will continue to receive 80% of the normal pay From July 2021,...
by Rachael Hayes | Feb 5, 2021 | Business, CIS, VAT, Xero
The new VAT domestic reverse charge for the construction industry CONTACT US The new VAT domestic reverse charge (DRC) is due to come into effect in the UK on 1 March 2021. What is the VAT domestic reverse charge? It’s an anti-fraud measure designed to cut...