Self-Assessment Questions & Answers

There are usually tons of questions being asked during January about Self-Assessment. As the strap-line goes ‘tax doesn’t have to be taxing’ but unfortunately it often is for many, and as accountants we can see why! We have answered some of the common questions below but if you have any others then fire away and we will answer them for you. How do I pay the tax and National Insurance (NI) due? You have to make sure your payment reaches HMRC by the deadline, which is the 31st January. The time you need to allow depends on your choice of
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We are back!

It is January – the most important month of the year for accountants and in many ways for business owners too! By the 31st January 2015 you will need to have submitted your self-assessment tax return and paid any tax and National Insurance due. Who needs to send a tax return? Anyone who is a self-employed sole trader, a partner in a business partnership, a company director (unless it is a non-profit organisation that does not pay benefits like travel expenses or a company car). So get your books in and make this as easy as possible for us because
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Some of the Best Christmas Videos Ever

This time of year is all about Christmas films and jumpers, indulgent turkey dinners, chocolates and a wide selection of alcohol and savoury snacks. They are also about spending time with the people you love and of course visiting family members you really only care to see once a year! Increasingly they are also about Christmas ads. For many people the Coca Cola advert announces the official arrival of Christmas. Our eagerness to find out what the big supermarkets will come up with next is all part of the steady build up to Christmas. I for one am always that
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ABC Christmas Closure

We will be closed from Wednesday 24th December until Friday 2nd January. Help us make sure your payroll and VAT is done and up to date before we close for the Christmas break
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Fuel looks set to fall to £1 per litre and Tesco’s gloom continues

The price of a litre of petrol is set to drop to almost £1 in the coming months if oil prices remain low. Finally, there is some movement in the right direction. Kevin Daly, senior economist at Goldman Sachs, estimates that the price of a litre of unleaded petrol could fall to £1.05 over the next few months. The current UK average is £1.20 per litre. As a famous supermarket often tells us ‘every little helps’ – they could do with listening to their own advice in that regard of late. Tesco warns again about lower than expected profit margins.
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Top Business Takeaways from the Autumn Statement

George Osborne delivered the Autumn statement today and besides comparing Ed Miliband to Wallace or Gromit (I choose to forget the details) he also managed to deliver some adult subject matter too! Here is our roundup of the key business takeaways. Enjoy! Just click the link to go to our PDF summary: TOP TAKEAWAYS OF THE AUTUMN STATEMENT. (1)  
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