By Jasmine King
In April 2019, the government introduced making tax digital.
This means businesses must keep digital records of their accounts and send quarterly or yearly updates of their VAT returns to HM Revenue and Customs (HMRC).
By Jasmine King
Whether your financial year ends on 31st December or 31st March, the end of 2024 is a good idea to start planning and thinking about your year end. This is a crucial step for any business owner or CEO as it will help shape the direction their business will take in 2025.
Our director Matthew Whelan has created the summary below of the Autumn Budget Statement.
Here are the key points from Chancellor Rachel Reeves’s “Autumn Budget” 2024.
By Izzy Leather
I’ve been working at SW&P for just over two years now. In September 2022 I began my journey as an apprentice. I started my career straight from school at the age of 18, having completed my A-Levels
Bookkeeping, right? That Tedious chore that nobody enjoys. However, good bookkeeping is one of the most important pillars of a successful business which is overlooked by many small business and entrepreneurs. Keeping accurate financial records can save time, reduce stress, and improve the overall financial health of your company. Stay in Control of Your Business … Continued
By Steven Chand
Self Assessment is a system HM Revenue and Customs (HMRC) uses to collect Income Tax. Tax is usually deducted automatically from wages and pensions. People and businesses with other income , must report it in a tax return.
By Jodie Verity
If you have individuals working for you under a contract of employment, you must pay them via a payroll scheme, deducting PAYE, National Insurance etc where applicable, and submit these details to HMRC.
