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- bravecreative
- 30 Aug 23
Streamlining the Annual Accounts Preparation Process
As a small business owner or sole trader, you know that there are a lot of administrative tasks that need to be taken care of on a regular basis. One of the most time-consuming and daunting tasks is account prep. What are annual accounts? Annual account preparation includes a set of financial statements that provide […]
- Tax Saving Accountants
- 23 Sep 21
Can An Accountant Help With My Tax Return?
Business owners are a talented and skilful group. Being able to successfully run a business, keep on top of training and hiring their employees alongside all of the other challenges that owning a business has. But, a complaint that accountants hear all too often is that they struggle when it comes to filing their tax […]
- Tax Saving Accountants
- 30 Jan 19
Top 4 Financial Trends for SME’s in 2019
Now that we are a month into the new year, 2018 is history. This year, it is expected that we will see a change in the financial trends for small and medium-sized business (SME’s). We will be discussing 2019’s top 4 financial trends for SME’s. At Stonehouse Accountants, we know that one of the most […]
- Tax Saving Accountants
- 24 Aug 15
Tory Leader Ruth Davidson asks for Low Taxes for Scotland
Tory Leader asks for Low Taxes for Scotland, Leader of the Scottish Tories, Rush Davidson has recently said that she believes the Scottish government needs to pledge to never raise taxes higher than everywhere else in the UK in order to prevent the top-rate taxpayers leaving Scotland in order to work in England. Ms Davidson […]
- Tax Saving Accountants
- 10 Aug 15
Thousands of Young Brits Could Be Hit by EU Migrant Benefit Plan
As the government negotiates its EU membership, plans to tighten the benefit rules for EU migrants is currently coming under the spotlight. One of the key parts of negotiations is a four-year residency test, however lawyers say that only applying a test to migrants would be a breach of EU laws. The government is now […]
- Tax Saving Accountants
- 3 Aug 15
HSBC has Great First Half of Year as Pre-tax Profit Climbs to 10%
HSBC is the largest bank in Europe, and pre-tax profit at the bank was up a healthy 10% during the first half of this year when compared with this time last year. The pre-tax profit climbed to £8.7bn ($13.6bn) in the first half of the year, compared with $12.3bn this tie last year, higher than […]
- Tax Saving Accountants
- 16 Jun 15
Miliband Calls for HMRC To Be Independently Reviewed
Momentum is currently growing for an independent review of HMRC, after Paul Aplin (Chairman of the tax faculty committee at the Institute of Chartered Accountants in England and Wales) suggested that HM Revenue and Customs be reviewed in an effort to improve its current performance. Labour leader Ed Miliband has committed to an independent review […]
- Tax Saving Accountants
- 1 Jun 15
Britain’s Renegotiation with the EU to include Tax Credit Changes
Sajid Javid, business secretary, said that limiting the rights of migrants from the UK to claim benefits is a huge part of the renegotiation of the UK’s relationship with the EU. The tax credit changes would mean that EU migrants could no longer receive the £700 pounds they usually receive in tax credits, which is […]
- Tax Saving Accountants
- 25 May 15
Budget Deficit is Narrowing after Boost from Duties and Taxes
The public sector budget deficit in Britain was helped by lower interest bills on the government debt as well as a decrease in Whitehall spending in April. Government Borrowing & Spending Dropped The Office for National Statistics recently said that government borrowing was down almost 27 percent at £6.8b from the previous year. The budget […]
- Tax Saving Accountants
- 6 Apr 15
UK Annual Tax Returns To Be Phased Out Within 5 Years
George Osborne, Britain’s Chancellor of the Exchequer recently announced on March 18 during his Budget 2015 speech, that annual tax returns will be phased out within five years. Digital Tax Accounts Instead, HM Revenue and Customs (HMRC) the United Kingdom’s tax regulator, will be making it much easier for a new company to register and […]