Taking the Stress Out of Accounting, Bookkeeping, Payroll and Tax

Read Our Latest News

Get In Touch
  • 18/12/2019 0 Comments
    Tax-free allowances on property and trading income

    You can get up to £1,000 each tax year in tax-free allowances for property or trading income from 6 April 2017. If you have both types of income, you’ll get a £1,000 allowance for each.

    If your annual gross property income is £1,000 or less, from one or more property businesses you will not have to tell HMRC or declare this income on a tax return.

    Read More
  • 18/12/2019 0 Comments
    Which expenses are allowable if you're self-employed?

    If you’re self-employed working for yourself, your business will have incurred various running costs. You can deduct some of these costs to work out your taxable profit as long as they’re allowable expenses.


    Office expenses: business stationery, printing costs (including printer ink), and postage,

    Business premises
    Travel
    Stock and materials
    Legal and financial costs
    Business insurance
    Marketing
    Clothing
    Staff costs
    Subscriptions
    Telephone

    Read More
  • 12/11/2019 0 Comments
    Let Property Campaign

    About Let Property Campaign: 


    HMRC is giving opportunity for landlords who have not register for self-assessment to declare their income or owe tax through letting out residential property, in the UK or abroad, to get up to date with their tax affairs in a simple way and take advantage of the best possible terms.


    Read More
  • 08/08/2019 0 Comments
    20 ways to pay less tax

    Find out how to pay less tax. 


    1. Talk to your accountant when in doubt
    Business owners often complain about their accountant and how they have too much tax to pay.
    The truth is that the business owners who regard their accountant as trusted adviser and someone who can help them save tax are often the ones who are paying as little tax as possible. If you don’t talk to your accountant; change accountant.

    Read More
  • 13/02/2019 0 Comments
    Income Tax: Personal Allowance and basic rate limit from 2019-20

    Who is likely to be affected:

    Income Tax payers, employers and pension providers.

    Read More
  • 26/09/2018 0 Comments
    HMRC update list of software suppliers for VAT Returns and the EC Sales List

    VAT Returns and EC Sales List: commercial software suppliers is published by HMRC to assist businesses find recognised suppliers and software for filing VAT Returns online.

    Read More
  • 03/09/2018 0 Comments
    Work-related expenses claims using your online account

    HMRC is urging millions of employees such as nurses, hairdressers and construction workers to go online and directly check if they can claim extra cash back for work related expenses

    Read More
  • 03/09/2018 - Test Author 0 Comments
    Some businesses are unaware of Making Tax Digital for VAT

    According to research by ICAEW over 40% of businesses about to be affected by Making Tax Digital for VAT are not yet aware of it, despite the April 2019 deadline for its introduction, and some 20% have made no preparations.

    Read More

Contact us today to speak with our team of accountants in London.