Now's the time to get your tax return for 2017-18 out the way. The tax year finished on 5th April and tax returns will now be available to complete online. The deadline for submission is 31 January 2019 but why wait for the deadline? Here are some of the advantages of getting it done in good time: …
The VAT registration threshold will remain at £85,000 for the next two years until April 2020. Businesses with sales of £85,000 in a 12 month period must become VAT registered unless their sales are exempt from VAT. But if you are VAT registered and your income falls below the VAT deregistration threshold of £83,000 you can voluntarily deregister for VAT. …
What is important to you when you are considering outsourcing your bookkeeping? Maybe you just need someone, anyone, to just organise all that paperwork which keeps appearing. Do they need to know what they are doing? Do they need experience? If you want to keep your finances on track you will need someone who can do more than just organise paperwork. You need someone who understands accounts, can do what you need them to do and is reliable and honest too. …
With pension contributions rising from 6th April 2018 it seems like a good time to remind employers of the key points about auto enrolment. …
Xero Drop In is our new one-to-one Xero training service. Xero is very popular for maintaining business accounts but how well is it working for you? The information you get out of Xero is only as good as the information you put in and if you are struggling to understand how to make a particular accounting aspect of your business work then the information you get out won't be of any real value. …
