NEWS Catch up with the latest in accounting news


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Catch up on the latest news in accounting here, from cutting edge bookkeeping technology to self-assessment updates.

How to Switch Accountants – Changing Accountants

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Changing accountants can feel like a worrying move for you and your business but it needn’t be. It’s simple to switch accountants, here’s how!

Expenses guide for the self-employed

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Here’s a quick look at some of the issues relating to out-of-pocket expenses. That means business expenses that you pay for on a personal credit card or using cash out of your own back pocket, that you’d like your business to pay you back for.

National Living Wage & National Minimum Wage Rates

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The living and minimum wage is a legal right which covers almost all workers above compulsory school leaving age. There are different living and minimum wage rates for different groups of workers.

2021 Spring Budget Announcement

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The chancellor has announced he is willing to do whatever it takes to protect the livelihoods of the British people. Here is our summary of the key points he made in the announcement.

Sole Trader vs Limited Company

sole trader vs limited company

Here are some tips on whether to register as Sole Trader or a Limited Company, so you make the right decision for you and your business.

Brexit – How can VAT get even more complicated?

brexit vat changes

From January 2021 businesses that import goods from Europe will have to take country specific quirks into account.

Overlap Profits and Relief

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Overlap profits affects self-employed people who report their income and expenses on their tax return in a different period to the tax year.

Corporation Tax – How to save money

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Corporation Tax is complicated and is an ever-changing subject. Each company can be eligible for certain allowances and deductions depending on the nature of their business.

Latest Government Support Update – 11 November 2020

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The latest measures mean that all non-essential businesses have had to adapt or even close when they were only just climbing back onto their feet.

Latest Government Support Update – 05 November 2020

hmrc covid november update

More government support has been announced. As of Thursday 05 November, the UK has commenced the second lockdown.


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