Jul 5, 2021 | Blog, Cashflow Management, Professional Services, Small Business, Tax, VAT, Xero
If you own a professional services firm then you may have wondered whether Xero would be suitable for your needs. Professional services companies are different from other businesses in the way they operate and of course how they account for their time. This means that...
Jan 21, 2021 | Blog, Small Business, Tax, Technology
Scams and fraudulent activity are notoriously hard to spot – that is, after all, why they work so well. Scammers are malicious, quick to adapt and are always coming up with new ways to pose as trusted organisations, concealing their real agenda from their victims....
Sep 20, 2020 | Blog, News, Tax
Should You Buy an Electric Car Through Your Company? A company car is one which is purchased and owned by a company but made available for private use by an employee. Successive governments have increased the personal tax costs of company cars which has meant that...
Sep 24, 2018 | Business Strategy, HMRC, Tax
Making Tax Digital or MTD is one of the furthest reaching HMRC initiatives of the past 20 years, which makes it all the more surprising that a recent British Chamber of Commerce survey discovered that nearly a quarter of British businesses surveyed had no knowledge of...
Jan 30, 2018 | Blog, HMRC, Self Assessment, Small Business, Tax
A move from fines to points system A move to a points system rather than fines from 2019 is being proposed. This is in an attempt to focus Treasury attention on serious tax avoidance offences. Rather than on punishing small taxpayers who’ve made mistakes. The present...
Jan 23, 2018 | Blog, HMRC, Self Assessment, Small Business, Tax
HMRC cease to accept payments via credit cards In a surprisingly timed announcement, HMRC said that they would cease to accept credit card payments for tax bills from 13 January 2018. Those who previously paid their self assessment by this means will now have to...
