Jun 7, 2020 | Money, Tax, Tax Advice
Tax, you can’t avoid it. If you are a business owner tax and your self-employed business is something you consider. If you don’t take tax into account, ‘bites and arses’ will figure somewhere. Today’s blog will talk about the tax and...
May 4, 2020 | Accountancy, Bookkeeping and Payroll, Budgeting, Business performance, Management Accounting, Marketing, Tax, Tax Advice
Firstly, what’s your view of your business numbers – Friend or foe? Secondly, if you are in business, how do you think of your numbers, with love, with dislike, or somewhere In between? That is what we are going to look at in this blog. . If you think...
Dec 23, 2019 | Money, Self Assessment, Tax, Tax Advice
Self Assessment Firstly, Self Assessment was introduced by the Inland Revenue (HMRC) in April 1996. Secondly, this tax system used to assess and collect Income and Capital Gains Tax. This vlog looks at How to prepare your tax return 21-22 Some important things to...
Dec 8, 2019 | Artists, Creative Sector, Not For Profit Organisations, Tax, Tax Advice
Artists tax: Averaging Relief Artists Tax- Averaging Relief is designed to help artists who have significant fluctuating income from one year to the next. The tax consequence of this fluctuating income could be no tax to pay when profits are low, followed by paying...
Dec 1, 2019 | Accountancy, Money, Tax, Tax Advice
Tax Return: Dates and payments To clarify, the two previous blogs have looked at who must prepare a personal tax return, and what can be claimed. Your personal tax return includes details of your income and capital transactions. Our focus today is 2020-21, 6th of...
Nov 30, 2019 | Accountancy, CIS, Money, Services, Tax, Tax Advice
To clarify, making the correct Construction Industry Scheme (CIS) deductions is one of the schemes conditions. So, are you doing it correctly? Firstly are you working in construction? Secondly are you a contractor, subbie, advisor, all of those? If so this article...