There is an app for everything! A well-used cliché but also a truth, and never more when it comes to accounting software. There are providers a-plenty: Xero, Sage, QuickBooks, Freeagent and ClearBooks. Even banks are getting on board, providing dedicated tools to analyse bank transactions for business purposes. In fact, HMRC’s Making Tax Digital compliance software list has over 400 software apps available from a large number of suppliers.
Millions of households are facing a rise in energy costs, alongside increases in the cost of council tax, water bills and other utilities and there is a warning of fresh energy bill price rises in October. Energy prices have been affected by the Ukraine war and pressure on suppliers. There are continuing delays and shortages on a wide range of goods businesses need to function properly.
At CFW Accountants we provide services you’d usually expect from an accountancy firm; tax returns and accounts. However, we’d like you to know that we can provide MORE than the usual!
The Employment Allowance enables eligible employers to reduce the amount of National Insurance payable to HMRC by up to £4,000 per tax year.
If you sell a second residential property, did you know that it may need reporting to HMRC and CGT tax paid within 60 days of the sale?
With the Christmas festivities approaching and the dilemma for some as to whether the staff Christmas party goes ahead, here is a quick reminder of the tax rules for the current tax year.