Everything you need to know about tax return deadlines Posted on 27th April 2022 at 16:17 If you are self-employed, run a small business or earn from rental properties, it is important that you complete and submit a self-assessment tax return every year. This should...

Advice for a small business on managing cash flow Posted on 27th April 2022 at 16:24 Effective cash flow management and cash flow forecast are essential for any business but especially for a startup or small business in order for your business to deal with any...

Eight steps to making your Payroll Year End easier Posted on 27th April 2022 at 16:32 It has been a trying time owing to the global pandemic, a time of uncertainty and change for most UK businesses, dealing with lockdowns, disruptions in deliveries, furlough schemes...

What is bookkeeping, and what is the difference between bookkeeping and accounting? Posted on 27th April 2022 at 16:59 Bookkeeping is the ongoing process of recording the daily transactions of a business. While it is a subfield of accounting it does not deal directly...

UK Spring Budget Summary 2021 Posted on 28th April 2022 at 19:38 Chancellor Rishi Sunak revealed the Budget 2021 on March 3rd, in which he announced the Government’s tax and spending plans for the year 2021-2022. It recognises that the impact of COVID, especially on...

What are smart tax planning strategies for a new business? Posted on 28th April 2022 at 19:48 Tax planning strategies are employed by a business to help achieve their financial and business goals. A good tax planning strategy include saving options whilst reducing...

How personal tax planning can benefit you Posted on 28th April 2022 at 19:52 As we slowly ease out of the pandemic lockdown it is important to start getting our lives and finances back in order. Personal tax planning plays an important role in making efficient tax...

How to be prepared for possible pandemic tax rises Posted on 28th April 2022 at 19:57 Unfortunately, during these uncertain times one thing we can be certain of is a pandemic tax rise at some point in the future. According to Chancellor Rishi Sunak the UK is currently...

Find out how to avoid becoming liable for furlough frauds by mistake, by providing the proper information in keeping with stipulated guidelines. Posted on 28th April 2022 at 20:02 The furlough scheme introduced by the UK Government was devised to help businesses...

Government support for Covid second wave/Covid 19 winter rescue plan Posted on 28th April 2022 at 20:22 With the second wave of the global pandemic hitting the world, the UK Government has put measures into place to support small to medium scale businesses as well as...