10 Common Excuses for Filing a Late Tax Return Revealed by HMRC

With the online self assessment tax return deadline looming, HMRC has revealed a list of common excuses given for not filing a tax return on time. The deadline for Paper Self Assessment returns is the end of October, while Online Self Assessment tax returns must be submitted by January 31st. This years deadline is only a …

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Categories Tax

What are your Duties as a Director?

It’s a New Year and you have made a New Start.  You’ve taken the first steps to becoming your own boss and formed a Limited Company.  While you are busy juggling running your business, making sales and managing cash flow it is important to be aware of your legal duties as a Company Director. Companies …

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5 Ways to Fund a Startup Business

five funding options for startups and new businesses

After a season of indulgence and excess you’re likely to be ringing the changes. If one of those includes launching a startup, read on.. Firstly you must put some serious thought into how you’re going to fund your bright business idea. While there are plenty of options available to help get your business off the ground, …

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Tax Advice for Self Employed Photographers

Tax Advice for Self Employed Photographers

If self employment is new to you, it can be difficult to know where to start and what it all means.   Here I show you how to get started as a Self Employed Photographer, unravel some of the confusion around taxes and get you prepped for doing your first tax return. What is Self …

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Categories Tax

What is Amortisation? Definition and Example

what is amortisation

Looking to learn more about amortisation? Read on to find out the definition of amortisation in accounting, examples of how you calculate it and which types of assets are amortised.

How to Give Your Employees a Tax Free Christmas Gift

Tax Free Christmas Gifts for Employees

If you know the HMRC rules and stick to them there is no reason you can’t give your Employees a Tax Free Christmas Gift. After all it is the ideal time to thank you employees for all their hard work in the year. So before you start ordering here’s what you need to know about …

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Categories Tax

Why are Accountants so Expensive?

Why are Accountants so Expensive?

If you have an accountant already or you are searching for an accountant for the first time, this may help you understand why you may have received what feels like some eye watering quotes.