Should I be self-employed, a sole trader or run a Limited Company?
When setting up your own business there are choices to make. One is the legal form of your business. Should you set up as a Sole Trader or Limited Company?
What’s behind the term Real Time Information (RTI) in Payroll?
The idea behind Real Time Information (RTI) in Payroll is to make PAYE (Pay As You Earn) submissions more efficient, more accurate and easier to administer. Employers need to submit information to HMRC in real time every time they pay employees. This also affects pension providers every time pensions are paid out.
Getting your business ready for “Making Tax Digital”
When HMRC announced the new scheme to bring the tax system into the 21st century in 2015, their plans were ambitious. HMRC wanted to implement the new system between 2018 and 2020. Industry experts raised concerns, however, and HMRC have now proposed a revised timetable for “Making Tax Digital”.
What you can do if you can’t pay your tax bill
Nobody wants to run out of money, but sometimes we don’t plan enough in advance and a bill hits us that we weren’t expecting. But what if that bill is your self-assessment tax bill? What can you do?
What it means for businesses to be VAT registered
As a business, you have to be VAT registered in order to charge VAT on your products and services. An annual turnover of £85,000 means you must register.
Should you set up your company as a sole trader or limited company?
When you first set up your business, you can choose between sole trader or limited company. It is worth taking some advice on the subject.
Top 7 Reasons Why You Should File Your Tax Return Early
Even though the deadline for filing your tax return is not until 31st January the following year, it pays to do so early. Here are seven good reasons why.
ALBA – Accountants with a difference
If you are looking for an accountancy firm with a difference you have come to the right place. Find out what makes us different as accountants.