With Making Tax Digital and its online-only, quarterly reporting around the corner, we take another look at the VAT Annual Accounting Scheme to see how it will change with this new tax initiative.
With the new Making Tax Digital system coming into effect early next year, businesses over (or approaching) the VAT threshold will need to make sure they have a bookkeeping system in place that is both simple to update and easy to understand.
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Global currency exchange & international payments platform, Money Mover, is pleased to announce a new partnership with online accounting software provider, KashFlow. This new partnership will help UK sole traders and small to medium-sized businesses save money on their overseas payments. On average, UK banks charge small and medium-sized enterprises…
There’s plenty of advice available on how to be a good leader, though which will apply to you, your team and your business will There are three things you need to know in order to be a good leader: Know your team, including their strengths and weaknesses Know your business’s…
If you provide your employees with a company car (or fuel) that they can use for personal transport*, then they’ll have to pay company car tax. This is because you’re providing the car in addition to their standard wage, so HM Revenue and Customs will see it as a taxable…
Sole traders aren’t legally required to own a business bank account, but there are several advantages to having separate business and personal finances. In this blog, we look at why you might want to open one. Do I need a business bank account? If you’re a sole trader, then it’s…