TAS Bookkeeping

A very useful reference tool

A-Z of business expenses - for sole traders and limited companies Can I claim that business expense? This A-Z guide helps you decide if you can claim tax relief for common business expenses

Payments on account: what you need to know What are payments on account? When, how and why do you have to pay them? Find out more in this simple guide."

Enjoy the benefits of the party season It’s that time of year when employees can look forward to an extended break and, if they’re lucky, a Christmas party

HMRC advisory fuel rates for company car users from 1 September 2022 HMRC has published the latest advisory fuel rates (AFR) for company car users, effective from 1 September 2022, increasing rates between one and two pence per mile

Being aware of the rules can help you save tax.

Business gifts what are the tax implications? A guide to the rules on business gifts to staff and…

A good reminder of your GDPR obligations

Don't get burnt by GDPR: data protection for small businesses There are lots of simple measures you can take to keep your business safe, maintain customer trust and comply with laws like GDPR and the Data...

National Living Wage increases to £9.50 The National Living Wage and National Minimum Wage rise comes into effect from 1 April

MTD for VAT: When to sign up The start date of 1 April 2022 for MTD for VAT mandation has been widely publicised, but it is also misunderstood.

Paying back your student loan when you're self-employed A comprehensive guide to student loans for freelancers and the self-employed.

Self Assessment customers: If you can’t pay in full, access the support that’s available to you. We may be able to help by arranging an affordable payment plan. Go to GOV.UK and search ‘HMRC payment plan’:
https://www.gov.uk/difficulties-paying-hmrc/pay-in-instalments?&utm_source=t.co_hmrcgovuk&utm_medium=social&utm_campaign=self_assessment

Don’t miss out on Marriage Allowance! If you or your husband, wife or civil partner earns less than £12,570, you could save up to £252 a year. Claims can be backdated by up to 4 years. Find out more here https://www.gov.uk/marriage-allowance?&utm_source=f.co_hmrcgovuk&utm_medium=social&utm_campaign=marriage_allowance&utm_content=valentines

A bit of info for anyone thinking of getting in to hosting on Airbnb.

Hosting on Airbnb: tax implications Signing up as an Airbnb host may seem like an easy way to earn additional income but it is important to understand the tax liabilities, says Tim Walford-Fitzgerald, private client partner at HW Fisher