Bookkeeping is interesting, challenging and rewarding. A bookkeeper has responsibility for all accounting functions from sales invoicing through to management accounts and VAT returns and is therefore fully involved with the finance function of a business. This frequently includes providing support and advice, managing cash flow and processing payroll. Having a bookkeeper in your business is a valuable asset. …
Self Assessment tax returns were due to be filed by 31 January 2021 but with less than a week to go to the deadline HMRC decided to extend the deadline for submission to 28 February 2021 without penalty. …
When you first become VAT registered you can choose which VAT scheme to use when reporting VAT. Whilst you can change this at a later date HMRC would not want you to keep changing from one scheme to another. …
From April 2023 individuals who submit a tax return to declare income outside of employed earnings will have to submit their accounts digitally to HMRC on a quarterly basis. …
In November 2020 the Chancellor announced the new rates for the National Minimum Wage which will take effect from April 2021. …
