Accounting is the backbone of any successful business. Without proper financial management, it can be difficult to track cash flow, manage taxes, and plan for the future. Here are some of the key reasons why hiring an accountant for small business in Woolwich is essential
Employees who incur expenses in undertaking their job may be able to claim tax relief for those expenses where they are not reimbursed by their …
For unincorporated businesses, from 6 April 2024 onwards the cash basis is the default basis of accounts preparation. Unlike the accruals basis under which income …
Most individuals are entitled to receive a personal allowance. This is the amount that they are able to earn before they pay tax. For 2024/25, …
Individuals have a separate tax-free allowance for CGT purposes – the CGT annual exempt amount. Although it has been reduced considerably in recent years and …
If you are the owner of a personal or family company, it is prudent to review your dividend strategy before the 2024/25 tax year comes …
Managing payroll is one of the most time-consuming tasks for any business owner. Ensuring that your employees are paid correctly and on time, while staying compliant with HMRC regulations, can be a complex process.
A company secretary is not just an administrative role but a key figure in ensuring that your business complies with statutory and regulatory requirements.
Tax due under Self Assessment for 2023/24 should have been paid in full by midnight on 31 January 2025, along with the first payment on …
Where an employee has more than one job, they may be able to defer the payment of Class 1 National Insurance contributions in one or …
There are various reasons why tax may be overpaid, and when more tax has been paid than is due, it is understandable that the taxpayer …
When starting a business, there are various decisions to make and tasks to perform. One of the first questions to address is whether to run …
