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.
National Living Wage & National Minimum Wage Rates
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
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
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?
From January 2021 businesses that import goods from Europe will have to take country specific quirks into account.
Overlap Profits and Relief
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
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
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
More government support has been announced. As of Thursday 05 November, the UK has commenced the second lockdown.
Job Retention Scheme Update
The government has announced that along with the Job Support Scheme they will now also introduce an expansion of the Job Support Scheme.