Blog articles
Our blog features
Spring Statement 2022 summary
On 23 March 2022, Chancellor Rishi Sunak delivered his Spring Statement in Parliament amid a cost living crisis and greater public debt after the pandemic. Bottlenecks in the worldwide supply of goods and rising energy prices have pushed up inflation. It’s no surprise that the speech focused heavily on mitigating
Tax Changes For 2022/23
The new tax year is just around the corner. It’s been well publicised that there will be changes to our taxes to help reduce the spending deficit following the pandemic. With these changes and the rise in the cost of living, there’s increasing pressure on personal finances. Make sure you
Does Your Business Need A Workplace Pension?
If you’re new to employing staff, you might be wondering if you’re required to set up a workplace pension. The chances are, the answer is yes – but a few rules apply. Since 2012, pension auto-enrolment has been a legal requirement in the UK. It means every employer must put
Five Things You Should Know As A Buy-To-Let Landlord
It has been a challenging few years for buy-to-let landlords, with the tapered removal of mortgage interest relief and the introduction of a stamp duty surcharge. That’s on top of the difficulties and uncertainty which coronavirus threw everyone’s way. Things rarely stand still though, and if you are a landlord
What’s Next For Making Tax Digital?
Amid much fanfare, Making Tax Digital (MTD) launched in 2019. Back then, it only applied to VAT returns, and was only mandatory to companies with a turnover in excess of the VAT-registration threshold of £85,000. In other words, if you voluntarily registered for VAT but were under the £85,000 threshold,
IR35 and the HGV crisis
How can tax reforms contribute to a fuel shortage? In April 2021, the government brought in changes to IR35. HGV drivers were one job type particularly affected, so much so that it fed into the recent fuel shortages in the UK. Let’s take a look at what went on and
Which accounting software should I use?
Accounting software should now be considered an essential tool to run your business and comply with upcoming Making Tax Digital (MTD) rules. It certainly makes life easier! But which package should you use? In our view, you should go with one of the three major players: QuickBooks, Sage or Xero.
Autumn Budget 2021: the highlights
Late last month, we listened to the Chancellor’s Budget speech, waiting to see if some of our Autumn Budget 2021 predictions would come true. To our surprise, the Autumn Budget veered from our expectations quite greatly. No significant tax changes, a large amount of investment and relatively few green policies.
contact us
Tell us about your business today
Let’s discuss where you’re at and what we can do to help. It’s amazing, really, how much we can do as your accountant, so if you’re interested in long-term peace of mind and getting back to what you love, then let’s hear from you.