Small business accounting
Bitesize tips, hints & the info you need to know.
Summer Budgeting: Planning for Holiday Slowdowns
July and August often bring a natural lull in activity for many B2B businesses, as clients and key decision-makers head off on their well-earned holidays. But a quieter period doesn’t have to result in financial stress. With a little forward planning, the summer...
MTD, Trivial Benefits & Bookkeeping Tips You Shouldn’t Miss
This month, I’m looking at a few topics that come up often in client chats: Making Tax Digital (MTD for Income Tax for self-employed and landlords), the ins and outs of the £50 gift rule (aka trivial benefits), some company benefit tips for limited companies, and a...
Payroll Essentials for Directors: Key Changes from April 2025
So, this week’s blog is about the changes coming up on 6th April for employers and National Insurance. Understanding the up-and-coming payroll changes is crucial as these updates will impact how much employers pay to employ an employee, so now is the time to prepare....
Year End Tax Planning
As the personal tax year draws to a close on 5 April 2025, now is the perfect time to review your finances and take advantage of tax-saving opportunities. A little planning before the deadline can help you reduce your tax liability and make the most of your...
Deferred VAT and Tax Savings
March 2021 Update Well the year is flying by and we are again very close to the end of the tax year. Covid has caused a lot of disruption during the year, but just one or two things to remember before welcoming in the New Year! VAT Deferred Payment This time last year...
Selling residential property?
Are you selling residential property? If you are selling residential property, there have been some changes in the March 2020 budget that you may have missed while C19 is around. Watch the clip below and contact me if you would like to discuss your situation. [video...
Update – Support for Small Businesses During the Coronavirus Outbreak
Well, what a busy week last week! With the portal opening from HMRC to make repayment for furlough staff on Monday, it was all hands on deck to get the claims in. This is just a quick update to see where we are now. FURLOUGH REPAYMENTS So, to start with furlough...