When you have a limited company, much of your focus may be on the accounting filings that are required of you, be that annual accounts, corporation tax returns, VAT returns etc. However, there is also another return which, whilst being relatively straightforward, could…
It’s fair to say that when you first set up your own business, your ‘to-do’ list will most likely be full of important jobs to get done, things like purchasing insurances and obtaining business contracts. And one of the items that should be at the top of that list is making sure that you have a great accountant…
If you keep up to date with the latest HMRC or contractor goings on, you may have heard recently about HMRC targeting contractors with large tax bills, having accused their accountant of being a Managed Service Company (MSC). So, what is an MSC, and should you be worried…
Now that we are a few weeks into the 2022/23 tax year, it’s time to start getting everything tied up in order to say goodbye to the 2021/22 tax year. And one of the first things you’ll want to see to is your P11d for the year- if, that is, you need to complete one…
We have now bid adieu to 2021/22 and stepped foot into the 2022/23 tax year, which runs from 6th April 2022 to 5th April 2023. In this week’s blog, we break down what the start of the new tax year means for you, and what allowances are available to you in 2022/23…
