Dec 30, 2019 | Business performance, Money
Above all, a business is there to make money. It’s your primary responsibility. Money means profit. It doesn’t make any difference whether your business is a private business, social enterprise or charity. Some headline reasons for making profits include: No...
Dec 23, 2019 | Money, Self Assessment, Tax, Tax Advice
Self Assessment Firstly, Self Assessment was introduced by the Inland Revenue (HMRC) in April 1996. Secondly, this tax system used to assess and collect Income and Capital Gains Tax. This vlog looks at How to prepare your tax return 21-22 Some important things to...
Dec 15, 2019 | Accountancy, Cloud Accounting, Money, Training, Xero
Xero: Two-step authentication Cloud Accounting security: What you need to know Xero: Two-step authentication is vital. Cybercriminals are cunning creatures. Phishing emails and other scams are used to try and get users’ login credentials and gain access to sensitive...
Dec 1, 2019 | Accountancy, Money, Tax, Tax Advice
Tax Return: Dates and payments To clarify, the two previous blogs have looked at who must prepare a personal tax return, and what can be claimed. Your personal tax return includes details of your income and capital transactions. Our focus today is 2020-21, 6th of...
Nov 30, 2019 | Accountancy, CIS, Money, Services, Tax, Tax Advice
To clarify, making the correct Construction Industry Scheme (CIS) deductions is one of the schemes conditions. So, are you doing it correctly? Firstly are you working in construction? Secondly are you a contractor, subbie, advisor, all of those? If so this article...
Nov 25, 2019 | Expenses, Money, Services, Tax, Tax Advice
Personal Tax: What expenses can we claim? Today, we will tell you what expense claims can be made for your Personal Tax Return. Previously we talked about that, pencil in the aorta time, tax return season. I get loads of clients saying, Mahmood, we’re putting our...