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10 Jan

Online Self-Assessment

Mal self-assessment, online self-assessment, self-assessment tax return, filing your tax return 0 comments

Online Self-Assessment

How to complete your self-assessment tax return online.

For self-employed people, company directors and those receiving other sources of income, it's the time of the year to send your self-assessment tax return.

Self-assessment is the process used by HMRC to collect tax from individuals who may own a business or receive income outside of formal employment.

A tax return is a form which accounts for all income on individual received during the tax year, which runs from 6 April to 5 April.  This can be completed on paper or online.

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09 Jan

Accounts for Limited Companies

Mal company accounts, accounts for limited companies, filing accounts, companies house, audit 0 comments

Accounts for Limited Companies

Audits may be a thing of the past, but certain annual reports still apply.

If you are a business owner, you may be familiar with the process of submitting your accounts for official inspection by an independent body.  This is known as an audit.

You may also breathe a sign of relief as this most small businesses are no longer required to get their financial statements audited after the exemption thresholds were increased for financial years that begin on or after 1st January 2016.

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24 Nov

Budget Report 2017 - At A Glance

Mal Budget 2017, Budget Report 2017 0 comments

Introduction

Chancellor Philip Hammond said he’d take a “balanced approach” to his second Budget of 2017.

Once again the speech was light on headline-grabbing finance changes and there were no ‘giveaways’ or major surprises.

Instead, the chancellor focussed on measures to prepare the economy for post-Brexit life.

Raising productivity is key to boosting economic growth and wages, but growth has “remained stubbornly flat” and continues to be an issue.

In light of this, the Office for Budget Responsibility revised down its forecasts for growth.

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Our blog exists to help small to medium sized businesses, just like you. We strive to produce regular articles prompted by our recent experience.

You're welcome to post comments for any article. We do review comments before they appear so if you do comment and you don't see it please be patient.