Three Simple Ways to Keep on Top of Your Accounts (And an Easy Way to Almost Avoid Doing Them at All)
It’s a stressful time. And the last thing you probably want to think about are your accounts. We get it—and we completely understand. But as we both know, when things are stressful and busy is exactly the time when we let our accounts slip and before we know it, things are backed...
Tell Us Your Biggest Accounting Challenge and We’ll Tell You How We Could Fix It
Let’s be honest… Sorting your accounts is one of those jobs you tend to put off and off – and off – until the very last minute. Each new tax year you start with the best intentions to stay on top of things and make this year the one when you...
The 2019/20 Tax Year Is Over: Here’s What You Need to Do Now
The 2019/20 tax year has ended. That news might almost come as a surprise. I mean, amidst all the upheaval we’ve been experiencing since the outbreak of coronavirus, I wouldn’t blame you if you forgot. But 5th April came and went and despite all that’s going on, it’s now time to start...
what to do if you need to change your tax return
If, like us at Appleleaf Accountancy, you made it and breathed a sigh of relief at the end of January after meeting the self-assessment tax return deadline for 2018/19, well done it is out the way for another year. However, what can you do, if anything, if you suddenly realise...
do your accounts still take up too much of your time? it could be time for a change
Before we get into what I’d like to discuss with you today… If you’ve not already got your name down to join our email newsletter, you should do so today. You can click on this link to go direct to the sign-up page. Not only will you get all our latest news...
dealing with finance costs correctly
The self-assessment deadline is looming. Self-assessment tax returns for the year to 5 April 2019 must be filed online by 31 January 2020 if a late filing penalty is to be avoided. Landlords will need to complete the property income pages. Particular care should be taken where the landlord has...
using a SIPP to save for retirement
A SIPP is a self-invested personal pension which is set up by an insurance company or specialist SIPP provider. It is attractive to those who wish to manage their own investments. Contribution to a SIPP may be made by both the individual and, where appropriate, by the individual’s employer. investments The...
optimising tax-free benefits in family companies
Making use of statutory exemptions for certain benefits-in-kind offers an opportunity to extract funds from a family company without triggering a tax charge. The essential point to note is that to make the tax saving, the benefit itself, rather than the funds with which to buy the benefit, must be...
