Blog

Coronavirus (COVID-19): Update for Directors on PAYE

HMRC have recently updated their guidance on the Coronavirus Job Retention Scheme and have confirmed that it will apply to salaried company directors. In summary: Directors currently receiving a PAYE salary can be furloughed and apply for the grant of 80% of their...

read more

Coronavirus (COVID-19) – Practical Business Advice

Some clients have asked us if there is anything they should be doing now, to help themselves or their businesses during the current crisis. We’ll continue to provide advice to our clients on a case-by-case basis; however, we thought some of these practical steps may...

read more

Coronavirus (COVID-19): Government Support for Self-Employed

The Chancellor has announced today measures to support self-employed people affected by the Coronavirus pandemic. Government grants are available equal to 80% of average monthly profits over the last three years, capped at £2,500 per month. The grants will...

read more

Coronavirus (COVID-19) : Information for affected businesses

The Chancellor has recently set out certain measures to support people and businesses through the period of disruption caused by COVID-19. Here’s a brief summary of what we know so far. Coronavirus Job Retention Scheme Government grants will cover 80% of the salary of...

read more

Tonbridge Accountants – Launch Party 30th January 2020

Thank you so much to everyone that came to celebrate with us at our firm’s launch party with some amazing food by Ben Sulston, vegan lemon drizzle cake with our branding on top and cupcakes from Glorious Little Cakes, a glass of bubbly and beer. Special thanks to Sam...

read more

Accounting Date for Sole Trader

As a sole trader you will prepare a set of accounts for your business and use these as the basis for your tax return. The tax year for individuals always runs from April 6 one year, to April 5 the following year, but you select your own annual accounting date for the...

read more

Registering as a Sole Trader

If you earn more than £1,000 from self-employment during the tax year, you are required to register with HMRC for self-assessment. Registration must be completed by October 5 in your business's second tax year or you could be liable to a fine. Registration is quite...

read more