Tips

Get ready for your Q3 deadlines

Keeping up to date with your compliance tasks is an ongoing process. So, to keep you prepared and on the ball, we’ve highlighted some of the forthcoming deadlines for Q3. Your company-specific deadlines: NOTE: First company accounts are due 21 months after the company is incorporated, and future company accounts are then due nine months […]
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It’s time to submit your P11D forms

P11D submissions for the 2020/21 tax year are now due, together with payment of any associated National Insurance (NI) that’s due. The P11D form is used to report expenses or benefits that you’ve paid to your employees during the tax year. You can complete the forms online or by post. There are penalties for late […]
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Handling EU VAT on exports

If you export goods and services to the European Union (EU), there are changes coming that will impact on how you account for VAT and duty in these EU member states. The One Stop Shop system, which was previously only available for digital services, will now be extended to include other services subject to EU […]
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It’s Annual Accounts Review Season!

It’s that time of year again – Annual Accounts review season! To ensure the Annual Accounts process is as smooth as possible for both of us, please remember the following: All invoices and documents relating to bank transactions must be uploaded to Xero.  We’ll email you an Annual Accounts questionnaire- please completely this as accurately […]
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Facebook for marketing your business

Facebook Business is an excellent platform to raise the profile of your business, build up a customer following, sell your goods and market your brand to your selected audience. Facebook is the largest socila media platform in the world and, it’s about more than sharing pictures of your latest family barbecue. Facebook Business provides you […]
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3 Ways to Earn Money Online in 2021

Making money online is a proven lucrative task, which can offer a plethora of opportunities for financial and personal freedom. Videos, articles, and forums flood the internet with an overwhelming number of “insider secrets” which are nothing more than get-rich-quick schemes in disguise. Fortunately, there are still many great ways to make money on the […]
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Should I employ family members in my business?

If you run your own business, it’s tempting to bring in your own family into the company. But it’s important to think through both the positive and negative implications of employing your family. Employing your own family members can help to reduce the overall tax bill for the whole family unit. And, as an added […]
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How do share buybacks work?

When you head up a limited company, there will come a time where one of your current shareholders wants to retire from the company. A share buyback is one way to deal with this. It’s possible that your existing shareholders won’t have the funds to buy the shares back from the retiring shareholder. It’s also […]
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