Self Assessment is never a particularly exciting – or enjoyable – time of the year, but in 2021, it’ll be different for many people. This is particularly the case if you deferred your July 2020 payment on account due to the COVID-19 pandemic. In July last year, the government announced an £11 billion boost for … Read moreDeferred Your Tax or VAT in 2020? Here’s an Update for You!
At the time of writing, the UK is deep within its second national lockdown as a result of the COVID-19 pandemic. Times remain incredibly tough for many families and businesses out there, despite positive news emerging about successful vaccination trials. Certainly, if you’re a business owner, you’re probably still worried about what the future holds. … Read moreThe Next Round of Government Grants for Businesses
On 24th September 2020, the chancellor Rishi Sunak announced his Winter Economy Plan, and it contains some updates to tax which might affect your business. The plan is unlike anything most of us have seen before but is designed primarily to support businesses and jobs over what is likely to be a difficult winter period … Read moreWhat do Rishi Sunak’s September 2020 Updates to Tax Mean to your Business?
Urgh… paperwork. Come the end of your financial year or VAT period, there’s always that mad scramble to get everything in order for the accountants, isn’t there? It’s horrible. Receipts everywhere, purchase orders hidden deep within email threads and invoices which you know – hand on heart – you definitely put in that folder. Thankfully, … Read moreWhy Hubdoc Could Be the Answer to Your Accounts Woes
This year will undoubtedly bring with it plenty of change for businesses – particularly when it comes to accounting. There’s no need to panic, though. If you’re a bookkeeper or accountant (or simply interested as a business owner), you just need to keep an eye on the following key trends this year. The ‘B’ word … Read moreAccounting in 2020 – What’s Coming for You
We love Xero – it’s one of the best cloud accounting platforms on the market. However, we – and, indeed, Xero themselves – are under no illusion that it sometimes needs a little help from a friend (or two). Thankfully, Xero features a huge range of add-ons that include integrations with a tonne of third … Read moreThe Five Essential Systems to Link to your Xero