Jun 30, 2025
Are you someone who likes to leave everything to the last minute? Do you enjoy the pressure of working to a tight deadline? While some people say they do their best work under pressure, in my experience, they are actually doing their fastest work – and that...
Jun 5, 2025
For some reason best known to HMRC, they are sending out letters to every sole trader when their self assessment return has been submitted. At first glance, this looks like they are amending the return. The reason for sending the letters is due to the change in Class...
Jun 2, 2025
Bookkeeping is the recording and tracking of financial transactions in a business. It’s different from accounting, where the day-to-day recordkeeping is then analysed, reviewed, and reported. It’s very important to make sure your books and records are kept up-to-date...
May 1, 2025
The current rules state that capital gains on UK residential property have to be declared and the tax paid within 60 days of completion. This means it is essential to keep your accountant informed when you plan to sell a UK property. Note: This does not apply to your...
Mar 31, 2025
Payments on Account, Helping You Manage Your Self-Assessment Payments The term ‘Payments on account’ confuses a lot of people. Payments on account only apply if your liability is over £1,000 and the amount due is more than 80% of the tax paid through PAYE. For...
