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Furlough VAT Bookkeeping Grants Quickbooks Tax free 1.25% national insurance increase 1.25% Tax increase 5% VAT Accountant cost Accounts Add sales Adding sale after customer has paid Additional sales Appeal a penalty from HMRC Balance sheet Benefit in kind Bookkeeping cost Bookkeeping service Bounce Back loan Brand Business accounts Business growth plans Business rates cut Can not work due to lock down Cash flow Cashflow Cashflow in business CBIL Chancellor announced 26/5/2022 Chancellor budget Christmas Budget CIS vat reverse charge Corporation tax Corporation tax rates Covi 19 loans Covid 19 Covid 19 business support Customer has paid Difference between partnership and limited company Director remuneration Director salary Director wage Directors loan account Dividend tax Employment allowance Exports Filing tax return Flexi furlough Free consultation Furlough extended Good Accountant Government Government funding for payroll Grants for business rates Health & Social Care levy Heating grants Help with bookkeeping Help with heating homes I dont understand business accounts Imports Income tax Income tax rates Increased living costs IR35 IR35 changes from April 2021 January 2021 lockdown Job Support Scheme Late tax return Leaving EU Limited company Loans Lockdown Lockdown restrictions Lockdown restrictions lifted Mileage Minimum wage Money in Money out Monthly vat National insurance November 2020 lock down Off payroll working Overdrawn Overdrawn directors loan account P11d Partnership Partnership and limited company Pay wages Paying back directors loan account Paying tax late Payroll Planning Christmas Profit Profit & loss Quickbooks tip for vat reverse charge Quickbooks training Renovating property Rules after leaving EU Sales invoice Sales receipt Save for Christmas Self employed Self employed grants Self employed support Self-employed Self-employed or employed Self-employed status Social care cost Staff Student loan Subcontractor tax Support available January 2021 lockdown Tax Tax allowances Tax efficient Tax efficient wage for a Director 2021 2022 Tax increase Tax penalty Tax rate 2021/2022 Tax rate 2022/2023 Tax return penalty Tax-free allowance VAT on empty property VAT on renovating Vat reverse charge Vat rules after leaving EU Work out if someone is self-employed

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What help is available to households, due to increased living costs for 2022?

What help is available to households, due to increased living costs for 2022?

May 27th 2022 With the ever-increasing cost of living in 2022, on 26/5/2022 the Chancellor announced grants for all households, to help with the increasing costs of heating homes. There will be different levels Read more

Tax Rates & Minimum Wage for 2022/2023

Tax Rates & Minimum Wage for 2022/2023

April 4th 2022 Minimum wage for 2022/2023 is dependent on the employees age: Age Rates from April 2022 23 and over £9.50 21 to 22 Read more

How do I add sales to Quickbooks if the customer has already paid me?

How do I add sales to Quickbooks if the customer has already paid me?

October 9th 2021 A sales invoice is the document you raise in bookkeeping when you are asking a client to pay you for your goods or services. Normally the sales invoice is raised and sent to your client, then your Read more

Changes to NI & Tax to cover Health and Social Care

Changes to NI & Tax to cover Health and Social Care

September 10th 2021 From April 2022: The Prime Minister announced on 07/09/2021 there will be an increase in tax from April 2022 to cover the shortfall in funding for the NHS due to the pandemic, and to cover social Read more

What are the penalties for filing tax returns late?

What are the penalties for filing tax returns late?

April 10th 2021 Individual tax returns due by 31st January.Partnership tax returns due by 31st January.CT600 Corporation tax returns Read more

What is the most tax efficient wage for a Director for 2021/2022?

What is the most tax efficient wage for a Director for 2021/2022?

April 1st 2021 Each year most people get an amount that you can earn tax free. For the year 6.4.2021 to 5.4.2022 this amount is £12570. A limited company does not get a tax-free amount it can earn, it pays Read more

How do I clear an overdrawn Directors’ loan account?

How do I clear an overdrawn Directors’ loan account?

March 27th 2021 A Director/Shareholder might put money into their own limited company and then later they pay themselves back. This movement is shown in the accounts as money coming into the limited company as a Read more

Work out if someone is self employed or should be on payroll.

Work out if someone is self employed or should be on payroll.

March 20th 2021 If you appoint a contractor or subcontractor to work with you, and they are not genuinely self-employed, you can become liable for the tax and employers’ national insurance of that person. Simply Read more

Changes to IR35 off payroll working from 6th April 2021.

Changes to IR35 off payroll working from 6th April 2021.

March 13th 2021 For medium and large sized businesses, (you meet 2 of the 3 conditions below to be a medium or large sized business): You have an annual turnover of more than £10.2 million.You have assets before Read more

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