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Weird and wonderful excuses for not submitting tax returns

We all have hectic lives and keeping to deadlines can be stressful. But none of the weird and wonderful excuses which HMRC have heard of the past 10 years would be eligible as a legitimate excuse for not submitting your self assessment on time....

February 24, 2021

Misconceptions of Bookkeepers and Accountants

Why is it that we continue stereotyping people due to their career choice? Yes of course it takes a certain type of person to be a Bookkeeper or an Accountant, or even a builder for that matter! But that doesn’t mean you should make assumptions on a person's characteristics and social traits solely based on what they do for a living.So here is the truth about misconceptions when it comes to Bookkeepers and Accountants......

February 17, 2021

How is the pandemic affecting HMRC?

The government has been under immense pressure to try and support as many people and businesses as possible during these unprecedented times. No government has ever known times like these and every decision has had to be a learning curve. Despite this the UK government has put measures in place in order to support the economy as best as they can. With the introduction of various government schemes such as furlough and bounce back loans, see our previous blog for a full list of support available:...

February 10, 2021

Is your business ready for Making Tax Digital?

HMRC are making significant changes to the UK tax system in order to fulfil their ambition of becoming the most digitally advanced tax administrators in the world. In order to meet this goal they have to ensure that our tax system is not confusing for people and is efficient as possible. HMRC have been carrying out research including live testing with businesses who volunteered to participate in order to develop the process of Making Tax Digital (MTD).  What does this mean for VAT Registere...

February 2, 2021

Tips for home schooling whilst working from home

As many children across the UK were going back to school after the Christmas period the Government were deciding to shut them again. The news was broken to us on the same day in which a lot of children had returned to school and this left us questioning why they couldn’t have made this decision before the children were due to return. Parents who were working from home now had the job of teaching their children from home too. So how do working parents manage to juggle their own workload as well...

January 27, 2021

What did we learn from 2020?

2020 was a turbulent year that was for sure, and totally unexpected. At the beginning of the year Covid was something that was happening in China and we weren’t overly concerned about it. By February it was starting to become apparent that a pandemic was emerging and we were part of it. We had to adapt our everyday lives and we started living through what felt like a film set at first, until it became more and more real.  Everyone has a different story of how Covid has affected them, some...

January 20, 2021

What Government Schemes am I eligible for?

Whether you're employed, or have your own business the government has put schemes in place in order to assist you financially during these unprecedented times. The impact of the first lockdown was significant enough but now we are living through the 3rd lockdown, the financial pressures on individuals and companies is immense! With restrictions and schemes changing on a daily basis, it’s hard to keep up with what’s available. So here’s a low down to help you. BBLS - The Bounce Back Loan Sc...

January 13, 2021

How do I keep motivated in January?

January is always a difficult time to keep motivated, but especially this year more than ever! Many people report experiencing the ‘January blues’ each year following the Christmas break. So how can we keep ourselves motivated in 2021? A New Year usually means New Years Resolutions, but how many of us actually stick to them past January? Set yourself an achievable goal, break it down into small steps. Having targets to meet in order to get to your main achievement is the best way forward. If...

January 6, 2021 Posts 1-8 of 8 | Page

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