Latest HMRC Employer tax webinars
Listed below are a number of live HMRC webinars that will help employers with payroll…
Check what your tax code means
HMRC have released a new online tool to help taxpayers understand what their tax code…
Why cash flow management is essential right now
Last week the Office for National Statistics (ONS) stated that the UK's rate of inflation…
Working Capital Finance – can it help with cash flow?
Working capital finance solutions can offer businesses the opportunity to improve cash flow. The world…
What is Fair Trade?
Farming is the largest employer in the world but millions of people who live and…
EU Settlement Scheme enhancements confirmed
From September 2023 people with pre-settled status under the EU Settlement Scheme (EUSS) will automatically…
Plastic Packaging Tax (PPT) Reminder
If you manufacture or import 10 or more tonnes of plastic packaging within a 12-month…
Healthcare innovation funding opportunity for SMEs
SMEs developing medical equipment can apply for health and social care research funding from the…
Asbestos and construction – new resources available
The Health and Safety Executive’s (HSE) “Asbestos and You” campaign urges tradespeople working in construction…
Working Capital Finance – can it help with cash flow?
Working capital finance solutions can offer businesses the opportunity to improve cash flow. The world…
New information hub launched to help limited company directors make the right decisions at the right time
The Insolvency Service has launched a new online information hub to support company directors. The…
Latest HMRC tax webinars
Listed below are some HMRC webinars that will give the self-employed an understanding of key…
Deadline for topping up NI contributions extended again to 5 April 2025
With all of the changes to personal pensions in the Spring Budget, maximising the State…
Working from home and the £6 per week allowance
During the COVID pandemic the government relaxed the conditions to enable those working from home…
Interior Designer Business: Disbursement vs Recharged Arrangements
Running an interior design business involves more than just creating beautiful spaces. The operational dynamics…
2022/23 Employment-related securities returns due by 6 July
The deadline for reporting shares and securities and share options issued to employees for 2022/23…
Deadline for voluntary National Insurance contributions extended to April 2025
The UK government is giving people more time to pay National Insurance contributions towards their…
HMRC Employer Bulletin June 2023
The June edition of the Employer Bulletin brings you the latest HMRC updates and guidance…
Quality always rises to the top!
Recently we have seen increasing interest rates, the largest monthly house price fall for nearly…
The digital pound consultation
HM Treasury and the Bank of England are consulting on a potential digital pound, or…
Consultation on SAYE and SIP Employee share schemes
In a call for evidence launched recently, the UK government wants to hear views on…
Protect yourself and your business from investment scams
A scam is a fraudulent scheme or operation designed to hoax people out of their…
Good cash flow management is essential for business success!
With the present economic uncertainty, managing your business’s cash and understanding the flow are now…
Self-Assessment threshold change
From tax year 2023 to 2024 onwards, the Self-Assessment threshold for taxpayers taxed through PAYE…
Latest HMRC tax webinars
Listed below are several live HMRC webinars that will give the self-employed an understanding of…
How much holiday leave are employees entitled to?
Paid annual leave is a legal right that an employer must provide. Holiday pay is…
Do you have a growth strategy?
A company might have a great product or service but without a business growth strategy…
Making Tax Digital for Income Tax update
Making Tax Digital (MTD) for Income Tax will require businesses to keep digital accounting records…
Latest HMRC Employer webinars
Listed below are a number of live HMRC webinars that will help employers with payroll.…
What if you put up your prices?
Or maybe increased the number of customers, reduced expenses or even decreased prices? Do you…
How high could interest rates rise?
Earlier this month the Bank of England (BOE) raised interest rates for a 12th consecutive…
How much is my business worth?
This is a question many of our clients want answering! The truth is, it depends…
HMRC late payment interest rates to be revised after Bank of England increases base rate
The Bank of England Monetary Policy Committee announced on 11 May 2023 that it would…
Latest HMRC strike news
Members of the Public and Commercial Services (PCS) Union working in East Kilbride and Newcastle…
Shopping Prices Comparison Tool
Each month, the Office for National Statistics (ONS) publishes the latest annual inflation rate, which measures the…
HMRC close the VAT registration helpline
From Monday 22 May 2023, HMRC will close the VAT registration helpline – a subsidiary…
Artificial Intelligence – Can it work for your business?
With the new wave of artificial intelligence (AI) technology, there’s an opportunity to automate many…
Changes to the VAT online account
From Monday 15 May 2023, unless you are already using Making Tax Digital (MTD) compatible…
Creating your business’s future
According to the International Monetary Fund (IMF), the UK economy is predicted to shrink for…
What is Property finance?
Our property finance experts specialise in arranging finance for new build, conversion and refurbishment projects…
HMRC launches the Advance Valuation Ruling Service for importers
HM Revenue and Customs (HMRC) has launched the Advance Valuation Ruling Service (AVRS), a new…
FCA proposes to simplify rules to help encourage companies to list in the UK
The Financial Conduct Authority (FCA) proposes to reform and streamline the listing rules in the…
What’s really important?
What’s really important? With the constant news surrounding the economy, interest rate uncertainty, and high…
Business asset finance explained
Business Asset Finance is an agreement that enables businesses to obtain the assets needed to…
Can you create more ‘productive’ time?
For many small business owners, if they have one consistent issue, it would be that…
Latest HMRC tax webinars
Listed below are a number of live HMRC webinars that will give the self-employed an…
FACT-SHEET-34-Compensation-and-dilapidations
VAT on early termination fees, compensation, and dilapidation payments From April 2022, HMRC’s guidance was…
Reporting capital gains tax due on UK property
Reporting capital gains tax due on UK property This factsheet covers capital gains tax (CGT)…
FACT-SHEET-36-CGT-Business-Asset-Rollover-Relief
CGT: Business Asset Rollover Relief Business Asset Rollover Relief (BARR) enables you to delay paying…
Building business resilience
Millions of businesses and households are struggling with their energy costs, alongside increases in general…
Working Capital Finance explained
Working capital finance solutions offer businesses the opportunity to improve cash flow. The world of…
Changes to reporting material discrepancies to Companies House
From 1 April 2023, the way obliged entities can report a material discrepancy has changed.…
Rates and thresholds for employers 2023 to 2024
Employers should be aware that from April 2023 several statutory payment rates increase for the…
Managing your cash flow
With increasing supplier prices and economic uncertainty, managing your business’s cash and understanding the flow…
File Companies House accounts early to avoid penalties
If you are due to file accounts with Companies House, use the online services where…
Genuine HMRC contact and recognising phishing emails
Find out about methods fraudsters use to try and get your personal information by viewing…
New VAT penalties and interest payments
The new penalties will impact businesses who submit their VAT returns or pay their VAT late. The first monthly…
Your long-term financial stability
This may seem a strange time to be thinking about financial stability, but if we…
Check when you must register for Plastic Packaging Tax
Plastic Packaging Tax (PPT) was introduced on 1 April 2022. If you manufacture or import…
Power up your business with Innovation!
Innovation has generally been recognised as essential for value creation, both for individual companies and…
EOACC ACCOUNTANTS IN WIMBLEDON
The EOACC team in Wimbledon are on a mission. Our accountants are passionate about helping…
“Maximize cash flow with our insightful analysis”
Do you agree? Most of our other clients do. In this economy, cash is king…
What are the most important things to review and understand when you review your business financials?
1. Income Statement: revenue, costs, profit margins, and changes over time2. Balance Sheet: assets, liabilities,…
Setting up a new business as a self-employed individual
When starting a business, there are a lot of big decisions to be made, including…
Watch out for tax scams and fraudsters
Self Assessment customers, who are starting to think about their annual tax returns for the…
National Insurance for employees working in the EU or Switzerland
HMRC have recently issued an update to their guidance to employers with employees working in…
New platform to notifying HMRC of VAT errors
HMRC have just made available a new way to notify them of errors in VAT…
17 Months Left to Comply: Making Tax Digital (MTD) for Income
Tax From the next accounting period starting after 6 April 2024, self-employed businesses, partnerships and…
VAT late payment and interest rules
VAT returns submitted or paid late for periods starting on or after 1 January 2023…
Thinking About Selling your Business?
The ultimate aim of every serious business person is to build a company that has…
“OFF-PAYROLL” working rules continue to apply
With all of the U-turns on tax policy in the last couple of months, businesses…
Workers paid via umbrella companies
Umbrella companies are commonly used by employment agencies to pay temporary workers. HMRC are aware…
The key to business success in challenging times
Times are tough and they are likely to remain challenging for many businesses. History shows…
Buying a car in your company
In the past, business owners have been heavily taxed when they had a business car…
Pensions Contributions: Personal vs Company
Please note that this is a general guide only, you should consult an IFA for…
Business Asset Disposal Relief on Retained Earnings
When you close down your limited company and you have Retained Earnings in your company,…
Reduce Your Tax Bill And Maximise Your Money
With this blog we’d like to share with you some ideas to help reduce your…
Interest on Buy-To-Let Mortgages
From 6 April 2017 full interest expenses can no longer be deducted from rental income,…
Tax-Free Childcare and Childcare Vouchers
New or existing childcare vouchers? The question on whether the new Tax-Free Childcare will be…
National Insurance Contributions
National Insurance Contributions for Self-employed individuals that pay the following: Class 2 NIC on earnings more…
Director’s Loan
A director’s loan is when you take money from your company that isn’t a salary,…
High Income Child Benefit Charge (HICBC)
Child benefit for the tax years 16/17 and 17/18 is £20.70 for the eldest/only child…
Limited Cost Trader-changes to Flat rate VAT Scheme
Limited Cost Trader The Autumn statement announced changes that may impact your business. Specifically, businesses…
Claiming flat rates for meals
Claiming flat rate meals, yes or no? We don’t advise clients to claim flat rates…
Contractors buying investment property through their limited company
Thinking of buying investment property through your limited company? This might not be the best…
Workplace Pensions and Auto Enrolment
New pension reforms underway. HMRC is seeking to address the growing pressure faced by Treasury…
Register for VAT
You have to register for VAT when your VAT taxable turnover exceeds the VAT registration…
Limited Liability Partnerships (LLP)
What is an LLP? An LLP is a form of legal business entity with limited…
VAT in the UK (Part 1)
*Just a quick disclaimer before I begin. This information is very basic. To be able…
When am I classed as Self-Employed / Sole Trader?
Are you Self Employed or a Sole Trader? Many people don't quite understand what it…
Tax codes: What are they? (Part 2)
In Part 1 of this series of articles, we explained what tax codes are and…
Tax codes: What are they? (Part 1)
Common questions permanent employees ask about tax codes Why is my tax code different to…
IR35 – are you compliant?
With a fourth specialist team tasked solely with tackling IR35 enquiries, we are expected to…
What is a tax reference number (PAYE reference number)?
When to Register for PAYE? Any company or employer who has one or more employees…
What taxes are due and payable on salary payments?
There are three tax 'types' payable on salary payments (salary payments include sick leave, maternity…
Tax on the income received from letting a room in a house
A lot of people let out rooms in their residence for extra income. This raises…
Do I need to pay tax on the Interest I received from my bank account?
Banks and building societies are required by law to deduct income tax at 20% from…
Can I claim my household expenses as a business expense?
When running a business from home you can claim part of your household expenses as…
Personal Tax return – Quick guide to Self Assessment tax returns
When do I need to do a self assessment tax return (personal tax return)? The…