Financial admin work

LeeP tip #18- set aside 1 hour the same time every week to go through your books, receipts and invoices. This instils great habits and you will spot any sticky payers early, avoid paying your suppliers late and will remember what you spent on those miscellaneous transactions much easier! Call LeeP if you’d like assistance…

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Making Tax Digital – th results

Hot off the press! HMRC announced the results of the consultation around the Making Tax Digital rollout.  1) All non- VAT registered landlords and soletraders will need to comply from April 18.  2) VAT registered businesses get until April 2019 and; 3) limited companies need to comply from April 2020.  So that means quarterly returns…

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Accountancy tip #1 Mileage and expenses

Tip of the day #1: everytime you make a business journey, keep track of the mileage. Each mile reduces your taxable income by 45p meaning you will ultimately keep more of the income you have worked hard for! Call LeeP for more tax efficient advice 01733 699033

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