Self-employed workers are no longer going to be left out when it comes to childcare help from the government. With the introduction of Tax-Free Childcare, or TFC for short, self-employed people are now eligible (subject to a few criteria, of course!) for help with their childcare costs.
Setting up a business can seem like a daunting task, but it really shouldn’t be. If you and your accountant work together to set-up the business correctly from the start, then moving forward your company should run smoothly and in a way that works best for you.
Cloud accounting software is not new but has been gaining significant prominence over the last 12 months. Making Tax Digital taking effect from 1st April 2019 has certainly catalysed this change, but other small and medium-sized businesses are realising the benefits of having up to date financial information at their fingertips. Continue reading →
With effect from 6 April 2018, HMRC will require that income details are submitted by tax payers on a quarterly basis.
It will mean the end of the annual self-assessment taxation returns and the start of submitting information on a quarterly basis closer to real time. Continue reading →
The HMRC have made recent changes to the types of penalties that companies can incur, if the proper procedure is not undertaken and completed on time. The changes from the government come into effect from the 6th of April this year, and will be applied to the 2014 and 2015 returns.Continue reading →
