by scott | May 9, 2023 | Accounts, Bookkeeping, HMRC, News, Tax
Incurring expenses it’s unavoidable when running a business. There are ways to reduce the impact of these expenses by offsetting allowable costs against your tax bill. Here are some common expenses that are tax deductible: Expenses for staff parties...
by scott | Mar 19, 2023 | Uncategorised
HMRC are introducing a new VAT Penalty system starting on or after 1st January 2023 which may affect you. Here’s what you need to know: Late Submission Penalities – These work on a points-based system, each VAT return submitted late, customers will receive...
by scott | Mar 28, 2022 | HMRC, News
Chancellor announces tax cut for nearly 30 million UK workers through rise in National Insurance thresholds – saving the typical employee over £330 in the year from July.Unveiling a Tax Plan to give families further help with the cost of living, Rishi Sunak reduces...
by scott | Jan 19, 2022 | Covid-19
Plymouth hospitality, leisure and accommodation businesses that have been impacted by Covid-19 will now be able to apply for financial support through Plymouth City Council. The Government announced the Omicron Hospitality and Leisure grant on 21 December to support...
