Starting your own business can be an exciting – but daunting – time. One of the first and most important decisions to make is how are you going to structure your business? The reason this decision is so important is that it has a variety of consequences – not only related to tax, but also from a legal and administrative perspective, and how your business will be perceived.
Continue ReadingMonth: January 2019
New Year, new start?
As per our recent blog post, the deadline for filing self-assessment is 31 January 2019. Once this is completed for the year and out of the way, it is a natural time to reflect on the service you have received from your current accountant. Many potential clients we speak to are keen to change accountants for various reasons, but fear that it will involve too much hassle. However, be assured that there is very little administration for you at all.
Continue ReadingMaking Tax Digital is coming…
The prospect of Making Tax Digital (MTD) for businesses can be a scary one. There is much in the news about the administrative burden that this could become on sole traders, companies and landlords alike.
So what exactly is MTD for businesses, and where are we with progress?
Continue ReadingTime to stop self-indulging, and think about self-assessment!
Now that the Christmas and New Year celebrations have drawn to a close, it’s time to start thinking about less exciting things - like tax.
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