by katy | Feb 26, 2024 | HMRC, News, Uncategorised, Uncategorized
The Economic Crime and Corporate Transparency Act became law in October 2023. Since then, Companies House have been getting ready to introduce the measures brought in by the act. Companies House have introduced the first set of changes to take effect from 4 March...
by katy | Aug 14, 2023 | Companies House, HMRC, News
CICs (Community Interest Companies) and charities are both legal structures that can be used if you wish to set up a social enterprise. The choice between the two is dependent on a number of factors – In this article, we’ve highlighted the key...
by katy | Jul 24, 2023 | Bookkeeping, HMRC, Uncategorised, VAT
Understanding VAT (Value Added Tax) and when to register for VAT is crucial for businesses as it has a significant impact on the business finances. The VAT threshold, is currently £85,000 per annum – If your annual turnover approaches this figure, you should...
by katy | Jul 1, 2023 | HMRC, Tax, Uncategorised
Do I Need To Complete A Self-Assessment Tax Return? Self Assessment is a system HMRC uses to collect Income Tax. For those employed, Tax is usually deducted automatically from wages and pensions. People and businesses with other income (including COVID-19 grants and...
by katy | May 27, 2023 | HMRC, Payroll
A business’ payroll system is fundamental in operations. Paying staff accurately and on time is the cardinal rule of payroll. Not paying employees for their work is the quickest way to upset them at a moment’s notice. However, it’s not as...
by katy | May 18, 2023 | HMRC, News, Payroll, Tax
For some time, it has generally been the case that dividends have offered company owners and directors a cost effective and flexible remuneration option compared to a bonus or salary. The gap between the two has narrowed in the past few years, and with the recent...
