Blog

After the last few years, with Covid and Growth Plans, and then Growth Plans reversed, statements from the Chancellor have...

As we enter March, we are all hoping it will soon be time to say goodbye to dark mornings and...

Whether we like it or not, we live in a digital age, with most of us carrying around more data...

In March 2021, our current Prime Minister Rishi Sunak, in his previous role as Chancellor, announced the introduction of a...

As we approach, what always feels like, the end of the longest month of the year, we are also approaching...

After its implementation was already delayed from April 2023 to April 2024 due to the pandemic, it was announced on...

In the next of our blog series focusing on the ‘All You Need to Know About…’ various different elements of...

It feels like a mere few weeks ago that we were writing our last blog about a Chancellor’s announcements (and...

From January 2023, HMRC are introducing a new penalty system for the late filing/payment of VAT returns, completely overhauling the...

When running your own business, whether as a limited company or a sole trader, you may be uncertain as to...

Less than a month ago, this accountant sat here writing a blog all about the (then) Chancellor Kwasi Kwarteng’s ‘Mini...

In the second of our blog series focusing on the ‘All You Need to Know About…’ various different elements of...

He may have only been in the job for 3 weeks, but on Friday 23rd September, new Chancellor Kwasi Kwarteng stood...

For the next few weeks, our blogs will be focusing on the ‘All You Need to Know About…’ various different...

We are now over halfway through 2022 (unbelievable I know!), and the end of this month brings with it the...

The sun is shining (although with the British weather, by the time you’re reading this, it’s fully likely that it’s...

We are absolutely thrilled to announce that last night, at the first ‘in person’ Contracting Awards event since 2019, our...

When you have a limited company, much of your focus may be on the accounting filings that are required of...

It’s fair to say that when you first set up your own business, your ‘to-do’ list will most likely be...

If you keep up to date with the latest HMRC or contractor goings on, you may have heard recently about...

Now that we are a few weeks into the 2022/23 tax year, it’s time to start getting everything tied up...

We have now bid adieu to 2021/22 and stepped foot into the 2022/23 tax year, which runs from 6th April...

With the cost of living sky rocketing at the moment, it’s fair to say that all eyes were on the...

We are very proud to announce that, for the third year running, PaperRocket has been shortlisted as ‘Best Contractor Accountantancy...

In 2022, we live in a digital age, where every day, most of us carry around more data that could...

In this week’s blog, with the end of the tax year rapidly approaching, we are going to take a look...

This week we will be looking at tax codes. Having an incorrect tax code applied to your salary can potentially...

This week, we will be looking at the Marriage Tax Allowance. It is estimated that around 2.4 million qualifying couples...

With all the goings on that have been happening on the political landscape recently (cheese and wine anyone?!), you would...

Benjamin Franklin once famously said that ‘in this world, nothing can be said to be certain except death and taxes’....

After the rather mellow affair of Christmas 2020, with lockdowns, social distancing and masks aplenty, here’s hoping that Christmas 2021...

Whether you’ve been running your company for years, or just set up, you may well have heard of the ‘Director’s...

Whilst usually we are only ‘treated’ to one Budget a year by the government, it’s safe to say that the...

Whether you have just set up a limited company, or you’ve been a company director for a while now, you...

For most limited company directors, hiring an accountant to help them with the accounting side of their business is a...

Yes, there may be an apparent fuel shortage at the moment in the UK, but at PaperRocket, we’re cooking on...

Autumn is officially upon us, and as we say goodbye to the Summer (not that the weather made it feel...

Yesterday in the House of Commons, Prime Minister Boris Johnson stood up and outlined his plans for how the government...

It is fair to say, that over the past 18months, more people have been working from home than ever before....

The 19th July has been labelled by some as ‘Freedom Day’. As we largely say (a cautious) goodbye to social...

Can you believe it’s July already, how on earth has that happened?! And as we enter July, we also creep...

At PaperRocket, we pride ourselves on offering a jargon free, no nonsense service to our clients. PaperRocket was founded by,...

As we reach the month in which, under the Prime Minister’s original ‘roadmap’, we are meant to be returning to...

Thank goodness, the 20/21 tax year, and all of the turmoil that came with it, is over, and I’m sure...

As a sole trader, your main priority is, of course, going to be the day to day running of your...

Whether you have just set up your business, or having been running it for years, making sure that you have...

At PaperRocket, we pride ourselves on offering a jargon free, no nonsense service to our clients. PaperRocket was founded by,...

Whilst you would hope that a global pandemic would bring out the humanity in people, unfortunately, scammers are actually using...

With just over a week left in the current 2020/21 tax year, you may well already be thinking about getting...

With only a few weeks of the 2020/21 tax year remaining, I think it’s fair to say that most of...

It’s safe to say that all eyes were on Rishi Sunak as he stepped up to the despatch box to...

Well, haven’t the first two weeks of 2021 seemed like a lifetime?! Unfortunately, the start of the new year hasn’t...

This time last year, it’s fair to say that for most of us, the words ‘coronavirus’, ‘furlough’, ‘social distancing’ and...

Now, you may well be feeling a sense of déjà vu reading that headline (this blog’s writer certainly is!) as...

We are absolutely thrilled to announce that last night, at the second Contracting Awards, PaperRocket Accounting was awarded the accolade...

Up until Saturday, despite increasing pressures especially from the North, the government were adamant that furlough would not be extended,...

If you are relatively new to running a company and have received a reminder about filing a confirmation statement, you...

When you have your own business, of course, your main priority is going to be its day to day running,...

Well, 2020 hasn’t exactly been the year we all expected has it? I’m not sure the words coronavirus, furloughing or...

On Tuesday evening, it was announced that the coronavirus restrictions were to be tightened, with 10pmpub and restaurant curfews, and...

We are very proud to announce that, for the second year running, PaperRocket has been shortlisted as ‘Best Contractor Accountant...

When you run your own limited company, generally speaking, you are better off purchasing a car personally rather than through...

If you have a student loan, and have recently become a company director or self employed, then you maybe wondering...

When running your own business, whether as a limited company or a sole trader, you may be uncertain as to...

As a result of the CV-19 pandemic, a lot more of us will have found ourselves working from home. For...

As part of Chancellor Rishi Sunak’s Summer Economic Statement at the beginning of July, it was announced that from 15th...

With everything that’s been going on in the world recently, you’d be forgiven for having things other than self assessment...

With our country (and indeed the world) potentially facing the biggest economic recession since records began, it was announced last...

It was announced yesterday that from 4th July, England’s new ‘normal’ will begin, with pubs, hairdressers, restaurants, cinemas etc being...

Since the furlough scheme was announced on 20th March 2020, more than a quarter of the UK’s workforce (some 8.9...

When you first set up your company, it is safe to say that the reason you did so probably wasn’t...

Back in March, when it became clear that the Covid-19 pandemic was going to dramatically alter the employment landscape, the...

t is a question that as accountants, we are asked a lot- ‘if my company bank account has £X, why...

Even though we may have bid adieu to the 19/20 tax year, there are still a number of important filings...

It’s fair to say that with everything going on at the moment, the start of the new tax year could...

With the ongoing coronavirus crisis, what was the hot topic of 2019, IR35 reform, has now taken somewhat of a...

Raise your hand if you’re now longing for the ‘simple’ days of Brexit! As we find ourselves in these extraordinary,...

Yesterday evening in the House of Commons, Steve Barclay, Chief Secretary to the Treasury, announced that there is to be...

Thanks to Brexit and the surprise Christmas present of a General Election last year, we have been kept waiting for...

March is here, and we can only hope that with it brings a departure to the many storms that we...

With the new IR35 reform being rolled out from 6th April 2020, some contractors are being told that working outside...

If you are new to the world of being your own boss, you may be undecided about whether to work...

With the upcoming IR35 reform in the private sector, and the way in which some of the major businesses have...

With P11d season now upon us, declaring benefits in kind (and paying the relevant NI liability) may well be at...

So, you’ve made the decision to move away from the employed life and become self employed. When it comes to...

If you have never run your own company before, then the variety of different taxes and their corresponding deadlines may...

As a first time contractor, you will need to make many decisions, but the first important one will be how...