Sole trader or limited company?

Sole trader or limited company? Which is best for you? If you’re a sole trader, you may have heard that you can save tax by running your business through a limited company. This could indeed be the case, but there are many factors you should consider before you decide. Let’s take a look […]

2020 Self-Assessment Tax Return Checklist

2020 Self-Assessment Tax Return Checklist January 31st is the deadline for online Self-Assessment Tax Return submissions, as well as payments for any amount owed. We are actively preparing self-assessment tax returns now for our clients to avoid the last minute rush. There are many reasons to have your self-assessment tax returns completed […]

Beware of bogus HMRC calls

Bogus HMRC calls, beware of emails, SMS’s proposing tax rebates, refunds or asking for personal or payment information A number of our clients have reported bogus calls, emails and text messages purporting to be from HMRC and calling for some form of action primarily focused on extracting client’s bank details. As […]

Am I Paying Too Much Tax?

too much tax

Well you probably wouldn’t know whether you are paying too much tax or not. Self-assessment is what it says. HMRC do not as a matter of course check what has been filed with them. Just because HMRC haven’t investigated doesn’t mean what’s been submitted is correct. It could be that you […]

Why Do I Need An Accountant?

why accountant

What an accountant can do for your business If you run a small business or you’re self-employed, having an accountant can bring advantages. Having an accountant frees up your time so you can focus on your business. An accountant can handle key functions such as bookkeeping, and filing your company and HMRC […]