3 simplifications to self assessments

3 simplifications to self assessments

Spread the loveThreshold bumped for 2023/24 The first announcement came in June 2023, when the Inland Revenue raised the threshold above which only those with income must claim Self Assessment (SA) from £100,000 to £150,000. This applies to the current tax year 2023/2...
Get ready for the corporation tax rate increase in 2023

Get ready for the corporation tax rate increase in 2023

Spread the loveOne major announcement from the March 2021 Budget was that from April 2023 there will be an increase in Corporation Tax. So what does this mean to you and your business? In this blog we explore what’s changing, and how you could be affected. Corporation...
What is Making Tax Digital (MTD)

What is Making Tax Digital (MTD)

Spread the loveMaking tax digital, Also known as MTD is the government’s programme for the future of taxation is based on using digital technology for tax records and returns. Initially MTD started with VAT in 2019, and the next category of taxation to follow in...
10 Reasons You Should Hire a Bookkeeper

10 Reasons You Should Hire a Bookkeeper

Spread the loveWhy do you need a bookkeeper? This is a common question asked by most startups or small business owners. Most people start a new business with no previous knowledge or experience of everything that is required to run a business and do not think about...