Original artwork by local photographer W H Harding for more information click here
CHANGE IS COMING!! WHO WILL IT IMPACT & WHEN? From April 2026 individuals with business and rental income over £50,000 per annum will need to make quarterly reports under Making Tax Digital for income tax (now dubbed MTD ITSA). This will include many sole traders and landlords. Those with income greater the £30,000 will be…Read More
The Crypto craze continues to rage, with amateur investors continually buying into the latest flavour of the week and there is seemingly no end to the increasing trend in the prices. My Story Being the high risk, high stakes kind of player I am, I have dabbled in Crypto myself, risking £100 of my hard-earned…Read More
As we near the end of 2021, a time when many of us will reflect on another challenging year, we would like to share a message of hope and positivity for 2022. The UK economy is in good shape. Despite the doom and gloom in the news, there are many positive signs, including: We have…Read More
This is a common question we are asked and there are generally two arrangements to consider here. The first being a car provided by the company to an employee or director and the alternative being a car allowance. Note: this post assumes that there is some personal use, rather than a car being used purely…Read More
The government has made personal tax very straightforward for the majority of individuals by deducting tax, via payroll, every pay period through Pay As You Earn (PAYE). However, if you start your own business or have earnings from other sources, it is helpful to get to grips with personal tax. This article aims to demystify…Read More
As accountants, one of the most common questions we are currently being asked, by both established companies and new start-ups, is: “Can you give us some guidance on which bank account our company should open?“ This is one of those questions that falls into the category of ‘why on earth would an accountant have expertise…Read More
What is working from home relief? If you have been working from home on a regular basis, due to the Covid-19 restrictions, you may be entitled to a small amount of relief for the additional household costs. Additional costs, according to HMRC, include expenses such as heating, metered water bills, home insurance, business calls or…Read More
As Covid restrictions lift and the weather improves, now is a perfect time to consider introducing a government supported Cycle to Work Scheme. This scheme allows both the employer and the employee to save money. The loan scheme allows the cost of the bike to be spread over 12 months for the employee and the…Read More
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