Inaccountancy Stockport
0161 456 9666

Small Business Advice

Extended Winter Support Scheme

23rd October 2020 | Written by In Accountancy | Categories : CoronaVirus, Limited Companies, News, Small Business Advice, Sole Traders
Tagged in:
Extended Winter Support Scheme

The Winter Support Scheme has been extended, with the government pledging more support to those businesses and individuals hardest hit by the coronavirus pandemic, falling demand and restrictions to trade. There are three areas of focus to the financial support
Read the full article…


Furlough Fraud – act now

14th October 2020 | Written by In Accountancy | Categories : CoronaVirus, Pensions and Payroll, Small Business Advice
Furlough Fraud – act now

Furlough Fraud – time is running out for firms to disclose any incorrect furlough claims, even when these have been made accidentally. The 90 day amnesty period for any claims made before 22 July 2020 comes to an end on
Read the full article…


Self Assessment Tax Deferral – OPT IN!

5th October 2020 | Written by In Accountancy | Categories : CoronaVirus, Personal Tax, Small Business Advice, Tax Advice
Tagged in: self assessment,
Self Assessment Tax Deferral – OPT IN!

The Self Assessment Tax Deferral outlined in Rishi Sunak’s Winter Economy Plan last month will NOT be automatically applied. In addition to the news that the deferral for VAT payments outlined in Rishi Sunak’s Winter Economy Plan would not be
Read the full article…


Winter Economy Plan

24th September 2020 | Written by In Accountancy | Categories : CoronaVirus, Limited Companies, News, Personal Tax, Small Business Advice, Sole Traders, Tax Advice
Tagged in: coronavirus, covid-19,
Winter Economy Plan

Rishi Sunak outlined his Winter Economy Plan this afternoon – below I have summarised what we know so far and what exactly that means for our small business clients. Winter economy plan – As not everything will apply to everyone,
Read the full article…


Self Assessment deadlines

23rd September 2020 | Written by In Accountancy | Categories : Personal Tax, Small Business Advice, Sole Traders, Tax Advice
Tagged in:
Self Assessment deadlines

Two self assessment deadlines are approaching: 5th October 2020 For those individuals who have not previously completed a tax return but need to report a liability for 2019/20. 31st October 2020 For those individuals who have previously submitted ‘paper’ self
Read the full article…


How do I close my Limited Company?

23rd September 2020 | Written by In Accountancy | Categories : CoronaVirus, Limited Companies, News, Small Business Advice, Tax Advice
Tagged in: HMRC,
How do I close my Limited Company?

How do I close my limited company is a question we have been asked multiple times over recent months, and for a variety of reasons. So maybe the first question to answer is why directors are considering closing their limited
Read the full article…


Stockport Accountants IN-Troduce Paul Smith, Associate Director

22nd September 2020 | Written by In Accountancy | Categories : Limited Companies, News, Small Business Advice, Team News
Tagged in: accountants, Stockport,
Stockport Accountants IN-Troduce Paul Smith, Associate Director

Stockport Accountants IN Accountancy are delighted to announce the appointment of Paul Smith FCCA FMAAT as Associate Director starting September 2020 Please join us in welcoming Paul Smith to the IN Team. Paul joined Stockport accountants IN Accountancy as Associate
Read the full article…


Business Mileage Allowance

21st September 2020 | Written by In Accountancy | Categories : Limited Companies, News, Small Business Advice, Sole Traders, Tax Advice
Tagged in: business mileage,
Business Mileage Allowance

Business Mileage Allowance – How does it work and what can you claim? Business owners frequently ask us whether they can claim for all the fuel they use in their personal vehicle because they use it for business purposes. But
Read the full article…


HMRC Latest guidance for employers

21st September 2020 | Written by In Accountancy | Categories : CoronaVirus, Pensions and Payroll, Small Business Advice
Tagged in:
HMRC Latest guidance for employers

HMRC has published the latest edition of the Employer Bulletin. This guidance for employers, and their agents, includes articles on: Coronavirus Job Retention Scheme and what employers need to do from August onwards making sure you are paying the correct
Read the full article…


Kickstart Scheme opens for applications

18th September 2020 | Written by In Accountancy | Categories : CoronaVirus, News, Small Business Advice
Tagged in:
Kickstart Scheme opens for applications

On 2 September 2020, the government’s £2 billion Kickstart Scheme opened for employer applications. The scheme is part of the Plan for Jobs announced during Chancellor Rishi Sunak’s July Summer Economic Update. The Kickstart Scheme aims to create work placements
Read the full article…


Subsistence Allowance – How to reduce that Mound of Receipts!

16th September 2020 | Written by In Accountancy | Categories : Limited Companies, Personal Tax, Small Business Advice, Sole Traders, Tax Advice
Subsistence Allowance – How to reduce that Mound of Receipts!

Subsistence Allowance – How to deal with that mound of receipts.

Fed up with dealing with multiple expenses and all those itty bitty receipts for meal deals, coffees and fast food?

Subsistence allowance…


Furlough fraud – make corrections or face fines!

13th September 2020 | Written by In Accountancy | Categories : CoronaVirus, Limited Companies, News, Pensions and Payroll, Small Business Advice
Tagged in: Furlough, HMRC,
Furlough fraud – make corrections or face fines!

Taxpayers who have received CJRS or SEISS grants are urged to doublecheck their entitlement as the 90 day period to inform HMRC of any overclaimed amounts is now law. Furlough fraud – Do you need to be worried about overclaimed
Read the full article…