To The Blog

You are here


10 Jan

Online Self-Assessment

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.

Continue Reading
09 Jan

Accounts for Limited Companies

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.

Continue Reading
24 Nov

Budget Report 2017 - At A Glance


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.

Continue Reading