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Tax Saving Accountants

The Coronavirus Business Interruption Loan Scheme For SMEs

As Covid-19 has become known as one of the world’s most renowned viruses since the Ebola outbreak in 2013, it wasn’t long until the widespread disease became known as a global pandemic. Announced by Boris Johnson on Monday 23rd March, the government has imposed strict new measures in order to tackle Coronavirus. Boris Johnson stated […]

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Tax Saving Accountants

Greener Future: Company EV Tax Exempt In 2020/21

As we enter a new decade, it is becoming more and more evident that we are in an environmental crisis. This justifies the sales of electric vehicles which rose by 144% in 2019, followed by a major decline in the popularity of diesel-fueled cars. This has triggered the government to cut down on their attempt […]

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Tax Saving Accountants

The Future of Accountancy in the Digital Age

Manual bookkeeping, human data entry, tax preparation processes, hours of paperwork… procedures that belong to a traditional understanding of Accountancy tasks that are approaching a swift finale.   The long hours spent chasing and collating clients’ financial figures, information gathering and filing, and a paper chase with HMRC, pose the systems that belong to ‘yesteryear’. […]

Tax Saving Accountants

Why Is Having An Accountant So Important For SME’s?

Every month, over 200,000 small business open in the UK. Which means the need for an accountant is growing in demand at a similar rate. When opening a new business, it can be very stressful and busy; however, when it comes to looking after your business accounts, it is not something that can be pushed […]

Tax Saving Accountants

Self-Employed Tax Cut Dismissed by the Government

There was hope for the 2.7 million self-employed workers when plans were put in place to remove Class 2 National Insurance Contributions by April 2018. After already being delayed by a year, this September the government have announced this will no longer be happening. This action was expected to save millions of self-employed workers around […]

Tax Saving Accountants

Labour’s Corporation Tax Pledge

We’ve all been keeping an ear to the ground regarding the latest manifestos and their contents. One of the most vibrant of which is the idea behind Labour’s Corporation Tax increase up to 26%. Over the last 5 decades we have seen the rates introduced at 40% and quickly rose to 45% 4 years later […]

Tax Saving Accountants

The Best Current Accounts & Smartest Ways To Save

The current account market is a bit of a minefield at present. As the Bank of England base rates have been cut lower and lower over the years, so the Banks and Building Societies have been left little choice but to follow in its wake. We are here to look at our best advice on […]

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Tax Saving Accountants

Accounting Advice for Small Businesses

Helpful tips that every small business owner should know about. Accounting can be alien to many new and existing small business owners. It’s the side of owning your business that most people hate, managing books, finances, tax, VAT – it’s a hassle, but it doesn’t have to be… With a little discipline and a good system […]

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Tax Saving Accountants

Advantages of being a Sole Trader

The Benefits of being a Sole Trader Have You Considered Starting Your Own Business? Starting Off As A Sole Trader Is One Of The Most Popular Choices For Many Reasons… When opening your own business, you might have given some thought and consideration on becoming a sole trader, also known as a sole proprietor. It […]

Tax Saving Accountants

Facebook’s Tiny Corporation Tax Bill

Facebook Is Not Profitable In The UK Year after year, we have dealt with countless headlines of massive multimillion companies dodging their UK tax payments and saving millions. Facebook is the latest company in the spotlight; currently, the company pays less tax than the average UK employee. How Has Facebook Managed To Pay Less Tax? […]

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