Blog

It is hard to underestimate the importance of keeping your businesses financial records in good order. The most important reason for doing so is that it enables you to make effective and timely business decisions.... read more

The January 31st deadline has come and gone. Well done if you have got your return submitted in time. As usual we managed to submit the returns of every client who sent their records to... read more

Employees in the UK are paid through the Pay as You Earn (PAYE) scheme with Income Tax and National Insurance Contributions (NICs) deducted at source. Tax deductions are made according to a tax code issued... read more

If you are planning a new limited company you can save time, trouble and money by understanding the basic issues before you start. There are five key roles in a company, though in small companies,... read more

If you are thinking of starting a business, or are already self-employed, then you have probably considered forming a limited company. Here are the main benefits: It is easier to bring other investors into the... read more

  Personal Tax Allowances The income tax allowances and rates for 2012-13 have already been announced. They are: Personal  Allowance – £8,105. Age Related Allowance for persons aged 65-74 – £10,500. Age Related Allowance for persons aged 75 and over... read more

If you are self-employed then you need to be careful to claim all relevant expenses. So, what expenses can you legitimately claim? The principle is clear; the expenses have to be ‘wholly and exclusively in... read more