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Becoming a Sole Trader is the easiest way into self-employment and it is for those who are ‘one-man bands.’ You won’t have to pay any registration fees as a sole trader, and keeping your eye on records and accounts is fairly straight forward, also there is the advantage that you get to keep all the […]
HMRC will use pinpoint software to more accurately target people who have failed to pay the correct tax. The software will also find people who are trading without the HMRC knowing, through the HMRC’s connect computer system. The campaign will allow the HMRC to be alerted to tax evasion, previously unseen, through matching a large […]
In our part 2 guide to using an accountant, we cover how you can save time, why tax advice is important and reasons why sitting down and going through financial history with an Accountant is invaluable. Part 2 Outsource, outsource, outsource. Some people believe (or can prove) their time is far too valuable to waste […]
So you’re are thinking of using an accountant, we we’ve got some reasons why that makes perfect sense. Part 1 Do you really know anything about Accounting or Tax Saving? If you have no idea or time and you feel you’re not really up to the task of learning how the process all works, it […]
Accountants have been around for donkeys years, centuries in fact and they have provided us with a number of different Accounting services throughout this time. Most people think that Accountants only provide Tax Return Advice, but this is not so, especially that of Stonehouse Accountants in Peterborough. So why can’t most individuals do their own […]
Does Your Peterborough Business Know The VAT Threshold? If you are running a business in Peterborough (or anywhere else in the UK), you’ll need to know about VAT rates and registration thresholds. Plus, there are also some VAT schemes that you could take advantage of to reduce all your paperwork and save you lots of […]
In one of my latest Accountants Peterborough blog news items, I offered all small business owners, what I considered to be invaluable accountancy advice for their consideration… the “heads-up” on one simple recommendation (we make to all our clients) to help them save themselves really significant amounts of income tax this year, next year and […]
Want to know what the single, most effective tax planning strategy is, for any small business’ recommended by Stonehouse Accountants in Peterborough ? read more… THE SINGLE MOST EFFECTIVE TAX AND VAT planning strategy any sole trader, subcontractor, freelance consultant, partnership, limited company director – with annual business income from 60k to 1M plus VAT […]
Today, January 4th, 2011, The standard rate of VAT rises from 17.5% to 20% as the government is looking to boost tax revenues to cut its deficit. Various business groups have warned that retailers will be hit by this increase while opponents have said the poorest will be hit hardest. The Government is saying that […]
Why change accountant? The following reasons could be why you want to change your accountant: You’re unhappy with the level of service and understanding You can get a more cost effect service elsewhere and with an Accountant who can offer a complete business service. You’re after a better Accounting service elsewhere. Your current Accountant is closing […]