
VAT Registration Threshold – what’s next?
💷 So, the FSB are in the process of lobbying HMRC to increase the VAT registration threshold to £100,000 It’s been at its current level of £85,000 since 2017, and

💷 So, the FSB are in the process of lobbying HMRC to increase the VAT registration threshold to £100,000 It’s been at its current level of £85,000 since 2017, and

Advisory fuel rates are changing from quarter beginning 1 December 2023 for certain vehicles!
The rate for electric cars has been reduced to 9p per mile and hybrid cars are treated as petrol or diesel for these purposes. This reflects the slight decrease to electricity costs over recent months.
Other changes can be found in the main table

Have you ever considered selling on Amazon or eBay, setting up an eCommerce business, or a little side hustle?
If this sounds like you, it seems you are not alone.
More and more people these days are selling online to boost their income, sometimes just for a bit of fun and with no higher plans, and other times in the hopes of turning this so called side hustle into their dream job and their very first foray into entrepreneurship…
We have been receiving lots of enquiries recently about accounts and tax for Amazon sellers, so I’ve recorded a little video outlining our top tips if you are thinking about giving it a go yourself…

The Employment Allowance is a government incentive designed to support businesses by reducing their National Insurance Contributions (NICs). It gives employers the opportunity to save up to £5,000 a year

It’s easy to overlook the importance of correctly filing payroll reports on time, but it could be more costly than you think if you don’t. According to recent figures, HMRC

Advisory fuel rates are changing from quarter beginning 1 September 2023 for certain vehicles!
The rate for electric cars will be 10p per mile and hybrid cars are treated as petrol or diesel for these purposes. This further increase reflects the higher electricity costs faces by energy consumers throughout the country…

As an Amazon seller, accurate accounting and financial reporting are essential for staying ahead of the competition. However, the task of managing complex accounts can be overwhelming. With IN Accountancy,

This article explores the ‘associated companies rules’ which came into effect alongside the new corporation tax rules from 1 April 2023.

HMRC have just announced that they will raise interest rates on late payments by a further 0.25% from 31 May 2023 to 7%. Repayment rates will also increase to 3.5%

Whether you’re a sole trader or a director of a limited company, you want an accountant who is reliable, knowledgeable, and trustworthy. After all, you’re entrusting them with the finer

Jeremy Hunt’s first Budget announced on Wednesday 15 March 2023 may have been a bit of a damp squib for small business, but after the chaos of Autumn 2022, for accountants, tax advisors, economists and software companies around the country I suspect there was a huge sigh of relief.
So rather than complain about the lack of anything interesting to talk about, perhaps we should remember that sometimes a little bit of stability goes a long way!

If you were offered interest on your savings at 1168% you’d snap my hand off, wouldn’t you? Even 100% return on investment would be great in most people’s books. So