January is finally over. All those doing tax returns can finally breathe a sigh of relief. That’s it for another year. But is it? Is it really another year until you need to worry about your tax return again? Th...
If you are doing your bookkeeping for a VAT registered company then you can usually reclaim any VAT you pay to your suppliers through your VAT return (subject to your particular industry and rules, it is not automaticall...
HMRC have today made a new announcement about changes to the timescales and roll out of it’s Making Tax Digital Scheme. Only businesses with a turnover of above the VAT threshold will have to keep digital records ...
Today’s Guest Post is by Lathem Elwin of Holmes Accountancy Limited. I subscribe to the Holmes Accountancy Friday Tax Tip, and after their tip about the new dividend tax last week I asked if they’d be willing to write a guest post for me with more detail, and that is what Lathern has done.

Do you use Sage 50 Accounts or Instant Accounts because your accountant has recommended the package to you? If you answer to this question is yes, do you ever look at any reports in Sage through the year to help you wit...
A very common question on business forums is from new business owners and sole traders just starting out asking if they need a bookkeeping package, and if so which would be the best for them. The best advice I can give y...