For some business owners, company accounts are a complex and confusing chore. When you consider the number crunching and jargon involved, it’s easy to understand why. However, once you get to grips with your company accounts and actually understand the figures involved, you benefit from a wealth of useful information. Understanding the overall financial health… Read more…

Tax disputes between HMRC and business owners can be arduous, stressful and time-consuming. Whilst some disputes are resolved within a reasonable time, with both sides satisfied with the outcome, this isn’t always the case. Discussions can break down, and it can feel like both parties are merely going in circles. When this happens, there are… Read more…

While self-employment can offer many more freedoms, it does also bring with it a lot more complexity. This is due in the most part to the tax system, self-assessment and all the many rules and regulations from HMRC. One of the more confusing areas is expenses- what can and cannot be classed as a business… Read more…

Whether it’s via direct communication or information on their website, HMRC tries to make it as easy as possible to comply with their guidelines. However, each and every year, they continue to collect billions of pounds from business, in fines, penalties and unpaid tax. Interestingly, the majority of investigations conducted are into smaller businesses and… Read more…

We are delighted to announce the launch of the U-Deliver website, a service designed to support logistics drivers and Delivery Services Providers. In the delivery world, efficiency is key. But for too long, drivers and delivery service providers have settled for inefficient bookkeeping and financial reporting systems. Now there’s a better way of managing accounting… Read more…

The whole process of self-assessment can be complex and intimidating, especially due to the multiple deadlines and possible penalties involved. Therefore, receiving a letter from HMRC about a tax enquiry is naturally going to be worrying. However, the first step is to try not to panic. Why have I been contacted? There are a variety… Read more…

On 11 March, Chancellor Rishi Sunak announced a raft of measures designed to help businesses and individuals amid the coronavirus outbreak. Media headlines have focused on the £5 billion coronavirus response fund to bolster the NHS and other public services. An additional £7 billion in support for employers and employees will help mitigate the impact… Read more…

Medium and large employers are facing new obligations from 6 April 2020 – and now’s the time to step up preparation. The changes relate to off-payroll working rules, also known as IR35 IR35 relates to individual off-payroll workers (or contractors) who provide services as a company, partnership or sole trader. Until now, contractors have been… Read more…

Dr. Anjulika Salhan has won the English Women’s Award for the second year in a row for her contributions to Finance and Accountancy. This glamorous event, celebrating female successes took place in Birmingham’s Holiday Inn Airport (NEC) Hotel on Thursday, November 21st 2019. The Awards honoured the talent and hard work of female professionals and… Read more…

A tax fraudster who has been found guilty of stealing hundreds of thousands of pounds in unpaid tax, has been sentenced to six and half years in jail in his absence, after going on the run. Jamshed Bhatti from Manchester fell under the spotlight of HMRC after taxation investigators uncovered a huge money laundering operation.… Read more…