Ideas and explanations
Practical articles about tax, accounting, business and the technology that supports them—written to explain, not impress.
These articles retain their original publication dates. Where tax rules or rates are involved, please check the current position with us before acting.
If you sell a UK residential property and Capital Gains Tax is due, you will usually need to report the disposal and pay the estimated tax within 60 days of completion.
Read the articleIs it safe to put your business accounts online? In practice, reputable cloud accounting is often safer and more resilient than relying on one computer.
Read the articleYou would not normally use the same key for your house, car, office and filing cabinet. So why use the same password for several important accounts?
Read the articleIf you run an unincorporated business, it is important to understand how your taxable profit is worked out, how payments on account operate and when your tax is due.
Read the articleThe vast majority of growing SMEs would benefit from the preparation of management accounts but what do they consist of and what are the advantages?
Read the articleThe Techscheme is a way of financing tech purchases for your employees over a 12 month period in a way which saves them on National Insurance and is cost neutral for you.
Read the articleThe Cycle to Work scheme is a government initiative which aims to encourage employees to cycle to work for both the health and environmental benefits.
Read the articleChoosing the right cloud accounting software for your business is not easy. There are so many options to choose from all boasting different features and pricing.
Read the articleTen practical tips for sole traders — from claiming all your business mileage to putting money aside for your tax bill and knowing when you need to register for VAT.
Read the articleIf you are self-employed and use your personal vehicle for business trips you are able claim for your mileage at the HMRC approved rates, currently 45ppm for the first 10,000 miles and 25ppm thereafter.
Read the articleCloud accounting isn’t a new concept, many platforms have been around for a number of years now, but with the move towards MTD in recent years it’s certainly being talked about a lot more.
Read the articleThe best way to do this is to write down a step list for each of the following processes taking note of the time consuming processes and areas that you see as a potential challenge.
Read the articleThinking about cloud accounting? Here are 8 benefits that will soon save you time and money if you ask your accountant to set up cloud accounting for you.
Read the articleWe are all busy people. But what are we busy doing? Thankfully, I no longer need to put that hour to one side at night to spend on my records (don’t forget accountants also need to do their own book-keeping!).
Read the articleSomething you want explained?
