Do you know we also do Charity Accounts?

Accounts Preparation and Other Services for Registered Charities Accounts preparation Charities may be companies or unincorporated entities that require accounts to be prepared in accordance with the Statement of Recommended Practice (SORP) for Charities.  We have the software and expertise to prepare these accounts. Independent Examiners Reports Charities with a turnover over £25,000 require an[…]

CLAIM TAX RELIEF ON YOUR JOB EXPENSES

What can I claim for; If you use your own money to buy things that you must buy for your job  and you only use these things for your work, examples are; Uniforms, work tools and clothing Vehicles you use for work Travel and accommodation expenses Professional fees and subscriptions Costs of working from home[…]

SUBCONTRACTORS, HOW TO INCREASE YOUR REFUND

We are often asked what expenses are allowable to reduce profits for the self-employed. Reducing the taxable profit of course reduces the amount of income tax paid…. Or in the case of subcontractors the amount of CIS tax repaid. In short, ensure that you have claimed all the tax allowable expenses due to you. Follow[…]

WHAT IS MAKING TAX DIGITAL

HOW DOES IT AFFECT MY BUSINESS ? VAT REGISTERED BUSINESSES Making Tax Digital is new system that requires businesses to report into HM Revenue & Customs on a quarterly basis. Timeline From April 2019, vat registered businesses with a turnover above the Vat threshold will be required to submit Vat Returns digitally. The first Vat[…]