It depends on your income or earning..For all the below, you need to file a Self-Assessment Tax Returns your self-employment income was more than £1,000 your income from renting out property was more than £2,500, in case its between £1000 and £2500, you need to contact HMRC if it was between £1,000 and £2,500) you …
Do I need to fill in a Self Assessment tax return? Read More »
2021 is on the doorsteps and with just few more months until the new IR35 tax legislation is implemented, businesses who employ individuals as contractors through a personal service company should check the impact their business will have by these changes. IR35, tax legislation was due to be implemented in April 2020 but was delayed …
The Coronavirus Business Interruption Loan Scheme (CBILS) provides financial support to smaller businesses affected by coronavirus (COVID-19). The scheme helps small and medium-sized businesses to access loans and other kinds of finance up to £5 million. The government guarantees 80% of the finance to the lender and pays interest and any fees for the first …
Foremost is you need to look for an accountant or practice who can provide expert advice for your business. The practice should be able to look after all aspects of the business; Business growth, Bookkeeping, Payroll, Tax all to be covered. Depending on your business, you may need to look at the accountant’s location, the …
What to consider when you look for an Accountant or Firm Read More »