Month: February 2017

Landlords and impact of new tax laws

Landlords are getting the short straw in 2017 with tax changes, selective licensing, agency fee and insurance hikes. Unsure of the impact? Call LeeP 01733 699033

Assets and liabilities accountants speak

LeeP tip #10: #assets are what your business owns, #liabilities are what your business owes. The difference between the two = owners #equity

LeeP tip#20 – saving time with Quickbooks

Download the Quickbooks App into your phone and every time you spend on business, take a picture of the receipt using your smartphone camera and hey presto! That’s your bookkeeping done! Call LeeP for more practical advice on looking after your finances 01733 699033 or email [email protected] The top tier Quickbooks subscription is included in…

Saving for your tax bill

Tip #9- we know we should do it but many of us still don’t- keep 20% of all your income back for paying your taxes. Put it into a separate bank account that you don’t touch maybe. Then you won’t get hit with a nasty surprise from the tax man months down the line because…

April Fiscal Tax Year End is looming.. NOW is the time to choose a good Accountant!

With the 5th April tax year end coming thick and fast. NOW is the time to talk to your accountant about how best to legitimately optimise your tax situation for your sole trader business. I say “Now” because you have just about enough time and options still available to you before 5th April to reduce…

Making Tax Digital is here!

HMRC’s Making Tax Digital director Theresa Middleton said on Tuesday that she expected to see end-to-end MTD software in the next couple of months that will be able to keep digital records digitally, categorise expenses and produce a summary submission for HMRC. HMRC will record the details and present them to the taxpayer in their…