Making tax digital (MTD) is a key part of the government’s plans to make it easier for individuals and businesses to get their tax right and keep on top of their accounts. HMRC has the ambition of becoming one of the most digitally advanced tax administrations in the world. Making tax digital is making changes…
Quickbooks Online Accounting Software Quickbooks Online is an accounting software developed and marketed by Intuit. The Quickbooks products are designed and geared mainly towards medium-sized businesses. It offers on-premises accounting applications as well as cloud-based versions that accept business payments, manage and pay bills and payroll functions. So, how can it work for you? The…
With breathtaking natural beauty and an abundance of coastal walks and activities on the doorstep, Cornwall is a popular destination for holiday makers. It is also popular with those looking to take up permanent residence in this beautiful county. Consequently, Cornwall offers a wide range of holiday homes and self-catering accommodation. There is an increasing…
If you run a business in which you own horses, one of the biggest problems you might face when doing your accounts is how much you value you place on your ‘stock’ at the end of the year. So, how do you value horses within your business? First a bit of jargon, Stock includes…
Since the Prime Minister’s announcements on Monday, The Chancellor, yesterday, released the latest government updates. This detailed how they will be supporting businesses and the self employed, during the lockdown and over the next 6 months. So what’s changed? The Furlough Scheme has been extended for 6 months, lasting until March 2021. The government…
The Government has announced changes to the extension of the Self Employment Income Support Scheme (SEISS) Grant. This broadly brings it in line with the updated Coronavirus Job Retention Scheme (furlough). The grant extension is for individuals who are currently eligible for the self employment Income Support Scheme and are actively continuing to trade but…
The Coronavirus Job Retention Scheme (CJRS) has been extended for a month. Employers small or large, charitable or non-profit, are eligible for the extended Job Retention Scheme, which will now continue for a further month. Businesses will have the flexibility to bring furloughed workers back to work on a part time basis or furlough…
The furlough scheme is coming to an end this month. Here is what you need to know about the Job Support Scheme, which will start on the 1st of November 2020 and run for 6 months. What is it? The job support scheme has been put in place to help protect viable…
Are you making the most of receipt capture technology in your business? This brilliant time saver is a firm favourite with our clients (and us too!) – not sure what it involves? MD Jenny is here to take you through the basics. Not able to watch the video? Scroll down to find a full transcript….
So you’re taking on employees (great!) & now you need to be sure you’re not only paying them correctly, & on time, but are also fulfilling your requirements to HMRC – need help? Let our MD Jenny guide you through everything you need to know, in this week’s Ask The Accountants Not able to watch…