HMRC Tax Accounts, what are they?
July 23, 2019
Personal Tax Account
HMRC introduced Personal Tax Accounts back in 2015 and if you haven’t yet signed up for one, then perhaps now is the time to do so. It is an easy process, you just need your National Insurance number, and either your most recent payslip, P60 or passport details to cr...
Tax Return 2018/19 - What should I send?
July 1, 2019
You should have recently received our tax return checklist outlining the income and gains that could be relevant for inclusion in your 2018/19 self-assessment tax return. In this blog, we wanted to provide a bit more detail to help you understand exactly what information you...
Making tax digital, are you ready?
October 6, 2018
The overall aim of Making Tax Digital (MTD) is that eventually everyone will maintain and file their tax information in digital format. Specifically for businesses, the plan is that business income and expenses will be filed to HMRC on a quarterly basis, with an annual...
Self Employed – How to get it right!
March 18, 2019
If you work for yourself, as a sole trader, you will need to register with HMRC as self-employed unless you earn less than £1,000 in a tax year. Registering will set you up for both self-assessment tax returns and the relevant National Insurance Contributions (NICs).
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Do I need an accountant?
September 19, 2018
We hear this question quite a lot these days, so in todays blog we’ll look at whether you really do need an accountant or bookkeeper.
There are some businesses which legally need to have the services of an accountant or auditor, these would normally be turning over million...
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