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Our latest blogs
What was announced in the AUTUMN STATEMENT – 22 NOVEMBER 2023?
December 6th 2023Significant points • Cuts to employee NICs take effect from 6 January 2024 and self-employed NICs from 6 April 2024 • 100% first year allowances (‘full expensing’) for companies madeRead moreCan I take money out of my sole trader bank account without paying further tax?
November 6th 2023As a sole trader, you're not just the captain of your ship; you're also the navigator of your financial course. While the freedom and flexibility of being a sole trader can be exhilarating, it alsoRead moreCan my limited company pay for gym membership for Directors & staff?
October 5th 2023In the modern corporate landscape, employee well-being has taken centre stage as a pivotal factor in driving productivity, engagement, and overall success. As companies seek innovative ways to suppRead moreCan I purchase an electric vehicle through my Limited Company?
September 7th 2023In the era of sustainability and innovation, electric vehicles (EVs) have taken the automotive industry by storm. As individuals and businesses alike strive to reduce their carbon footprint andRead moreTax Free allowances for 06/04/2023 to 05/04/2024
August 22nd 2023Taxes are an inevitable part of our financial landscape, but did you know that there are legitimate ways to reduce your tax liability? Enter the realm of tax-free allowances, where you can uncoverRead moreWhat help is available to households, due to increased living costs for 2022?
May 27th 2022With 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 moreTax Rates & Minimum Wage for 2022/2023
April 4th 2022Minimum wage for 2022/2023 is dependent on the employees age: Age Rates from April 2022 23 and over £9.50 21 to 22 Read moreHow do I add sales to Quickbooks if the customer has already paid me?
October 9th 2021A 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 yourRead moreChanges to NI & Tax to cover Health and Social Care
September 10th 2021From 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 socialRead moreWhat are the penalties for filing tax returns late?
April 10th 2021Individual tax returns due by 31st January.Partnership tax returns due by 31st January.CT600 Corporation tax returns Read moreLearn how Force Accounting can help you grow, develop and build your dreams
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