by Lisa Dickson | Jul 17, 2017 | Bookkeeping 101, Small Business Accounts
Michael asked a question this week about how to post a deposit received from a customer into his Xero account, and whether or not he should account for VAT. As with many accountancy questions – it depends!! It depends on what the deposit is for. Deposits or...
by Lisa Dickson | Jul 12, 2017 | Newsletters
Each month we bring you the latest tax and business updates with our Insider Newsletter. Take a look at this month’s insights below, or download our Newsletter and read it at your leisure. Highlights HMRC urged to extend executors inheritance tax deadline...
by Lisa Dickson | Jul 10, 2017 | Personal Taxes
George is a self-employed golf pro who has been making a name for himself in the sport. He is also employed by a local golf club. He submits an annual self assessment tax return to disclose his sole trade and PAYE earnings to HMRC. He has been offered a sponsored deal...
by Lisa Dickson | Jul 5, 2017 | Business Advice, Financing, HMRC and tax
What could happen to VAT after the UK has left the European Union? On 23 June 2016, the British public voted in one of the most important referendums of modern times. The public’s decision to leave the EU will have an impact on almost every aspect of economic life....
by Lisa Dickson | Jul 5, 2017 | HMRC and tax, Small Business Accounts
Avi is a small limited company business owner reaching his end of year and had a couple of questions on his end of year accounts. He is worried that he may be paying too much corporation tax. 1) What ways can you reduce a company’s corporate tax apart from...
