Autumn Budget 2024

Autumn Budget 2024

The Autumn Budget was announced on 30th October 2024, after extensive speculation surrounded it.  The Budget is said to increase taxes by £40bn, which is an additional 3.7% to what was raised in 2023/24 tax year. Here’s some highlights that we think are pertinent to...
Do I Need An Accountant (2024 Update)

Do I Need An Accountant (2024 Update)

Legally small businesses don’t need to have an accountant.  As long as you file your statutory accounts with Companies House, and corporation tax return with HMRC, if you operate as a limited company, or file your self assessment with HMRC if you operate as a sole...
2024/25 Tax Year Calendar

2024/25 Tax Year Calendar

Here are the key tax dates and deadlines for 2024/25 tax year. Make payment on the previous working day where the due date falls on a weekend/bank holiday.   Every month  19th Submit CIS contractors’ monthly return. 22nd PAYE/NICs/CIS deductions paid electronically...
8 Benefits of Cloud Accounting

8 Benefits of Cloud Accounting

Cloud accounting software is software accessible via the web, that supports businesses with the accounting function of their business.  It covers everything from bookkeeping to management accounts and all the way to the statutory accounts and tax returns.  Cloud...