Accountancy

December 15 2019

Importance of Completing a Self-Assessment Form

CBAccountancy Accountancy, Blog, Bookkeeper, Finances, Self Assessments self assessment, Tax 0

Permanent workers are usually paid via Pay As You Earn (PAYE). PAYE ensures that the employee’s income tax, national insurance, and student loan repayments have been deducted before the employee receiving their pay. However, self-employed individuals must pay to ensure that they have paid their taxes, national insurance contributions, and student loan repayments. If you are self-employed you must complete a self-assessment form to figure out what you owe and ensure that you have made payments before the deadline.

June 3 2016

Your Ally in Business – Why Choosing an Accountant is One of the Most Important Decisions you’ll Make!

CBAccountancy Accountancy, Blog, Bookkeeper, Finances, Portfolio management, Self Assessments Finances, Tax 0

An accountant should be seen as more than someone who does your finances. While you focus on running your business, you need to trust they ‘have your back’ when it comes to your company.

June 2 2016

Build your own house – Reclaim the VAT from the HMRC!!

CBAccountancy Accountancy, Blog, Property management, Self Assessments, VAT HMRC, VAT 0

Are you thinking of building your own house? Well you can now reclaim the VAT.

You can apply to HMRC for a VAT refund on building materials and services if you are building a new home, or converting a property into a home. In order to qualify, the home must be separate and self-contained, be for you or your family to live or holiday in, and not be for business purposes (although you can use one room as a work from home office). Builders working on new buildings should zero rate their work anyway and you won’t pay any VAT on their services.

June 1 2016

HMRC clarifies tax breaks on gifts

CBAccountancy Accountancy, Blog, Bookkeeper, Self Assessments HMRC 0

HMRC issued a statement confirming that where the donation is made by one person the tax relief is not at risk

May 17 2016

5 Minute Profit Maximise Analysis

CBAccountancy Accountancy, Blog Business Employment, Capital Gains, Inheritance Tax, VAT 0

Do you know what state your business is in? We mean, is everything running as it should? Is your business in the sort of health you want it to be? Could it run the proverbial marathon or would it give up after 5 miles?

May 4 2016

Outsourcing: Personal vs Professional

CBAccountancy Accountancy, Blog, Outsourcing annual accounts, Outsourcing 0

Outsourcing – Personal Vs Professional. What is it, why is it important to know and how can you avoid it from your business?

key facts Tax Self-Assessment business 2015

December 15 2015

Key Facts About Tax Self-Assessment – 2015

CBAccountancy Accountancy, Blog, Self Assessments annual accounts, National Insurance, self assessment, Tax 0

Anyone who received income that was not covered by PAYE in the year to 5th April 2014 needs to complete a tax self assessment by 31st January. The deadline for submitting paper tax returns passed on 31st October 2015 – so you will need to do it online.

June 25 2014

8 Useful Tips & Advice On Managing Your Taxes

CBAccountancy Accountancy, Blog, Bookkeeper, Budget, Finances, Self Assessments Finances, HMRC, Tax, VAT 0

HMRC have recently updated the list of trade and professional organisations for directors and employees who receive a tax reduction for annual subscriptions. NI can also be avoided if the bills are directly paid by the employer

Accountancy

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