by Outsourced ACC | May 13, 2021 | Blog, Business Centre |
You may ask yourself the question from time to time do I really need an Accountant? Although there is no legal requirement for an individual or a limited company to have an accountant, there are many benefits in having one. The first being less stress for you when it...
by Outsourced ACC | May 6, 2021 | Blog, Business Centre |
Hundreds and thousands of people file their tax returns at the last minute every year. But filing it early could save you a lot of money and stress. You should already have everything you need to file your tax return. If you file a self-assessment return and you are...
by Outsourced ACC | Apr 29, 2021 | Blog, Business Centre |
In recent years there has been a focus on initiatives aimed at closing the ‘tax gap’ – i.e., the difference between expected tax receipts, and that collected. HMRC has launched a new challenge for all the business and self-employed to be more effective,...
by Outsourced ACC | Apr 15, 2021 | Blog, Business Centre |
What is sleep? A question that many of us never ask because it’s such a normal thing. Sleep is a dynamic activity that is one of the most important factors in our life. It is the key to good health and wellbeing. As most of you will probably agree with me, we...
by Outsourced ACC | Apr 8, 2021 | Blog, Business Centre |
Many people ask, how do I retire early? FiRE may be the answer. FiRE stands for Financial Independence, Retire Early (FiRE) and its followers are focused on two things: cutting costs and earning more. However, they do not want to wait until the traditional retirement...
by Outsourced ACC | Apr 1, 2021 | Blog, Business Centre |
Being audited or how you may know it – being under HMRC tax investigation is not something any business owner would want to ever go through. A HMRC tax investigation can be a stressful process for any business and unfortunately, you can never eliminate the risk of an...
by Outsourced ACC | Mar 25, 2021 | Blog, Business Centre |
What is a self-assessment tax return? Self-assessment is used by HMRC to calculate tax on your income. Generally, your tax is deducted automatically from your wages, pensions or savings – known as PAYE. However, if you receive any other income, you need to...
by Outsourced ACC | Mar 17, 2021 | Blog, Business Centre |
How to prepare for the end of the Tax Year – 5th April 2021 If you were one of those people who filled their 19/20 tax return last month it may be worth relooking at how you do things and start preparing for your next tax return in advance. Although HMRC allows...
by Outsourced ACC | Mar 11, 2021 | Blog, Business Centre |
Entertaining people can be a very enjoyable part of being in business – sharing time, food, and drinks away from the office can help build and strengthen working relationships. But the question is, when can you claim tax relief on the cost of entertaining...
by Outsourced ACC | Mar 4, 2021 | Blog, Business Centre |
Stoicism is the endurance of pain or hardship without the display of feelings and complaint. In business, this refers to the practice of continuing on your plan and trajectory without taking into account external factors. We all got a hard lesson this year on just how...
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