- All
- Anna's Accountancy Alerts
- Blog
- Brexit
- Coronavirus Updates
- Published Articles
Anna’s Accountancy Alerts – Week 19 (8th – 14th August 2022)
This week’s Accountancy Alerts – HMRC’s Making Tax Digital Pilot Update – AIA Claim Time Limit – Working From Home Expenses
Time management – be more efficient today and reap the rewards
It’s always a juggle with time; there never seems to be enough of it! No matter how much you seem to plan things in, something always seems to get in the way. Creating a time management plan is always hailed as the answer – but is it realistic?
Anna’s Accountancy Alerts – Week 17 (25th – 31st July 2022)
This week’s Accountancy Alerts – Student loans and off-payroll warning – New VAT penalty rules guidance – Staff summer party tax exemptions.
Anna’s Accountancy Alerts – Week 15 (11th – 17th July 2022)
This week’s Accountancy Alerts – HMRC off-payroll penalties – Renew your tax credits – New guidance on tips and gratuities.
Anna’s Accountancy Alerts – Week 13 (27th June – 3rd July 2022)
This week’s Accountancy Alerts – HMRC Official Tax Rate – Help Employees Understand Child Benefit Entitlement – HMRC One-off Mistake Penalty.
Anna’s Accountancy Alerts – Week 11 (13th – 19th June 2022)
From April, HMRC started writing to taxpayers whose entitlement to the fourth or the fifth SEISS grant has reduced by more than £100 to ask them to repay amounts that were overpaid.
4 Questions to ask yourself for business success as a small business owner
I’m a big believer that knowing yourself fully is an advantage in your business. You may feel some resistance when you delve into who you are but stick with it as you will find it beneficial so you can shape your life and business to suit you. You will reap the rewards in your business and home life.
Anna’s Accountancy Alerts – Week 9 (30th May – 5th June 2022)
As savings rates are low, most people don’t need to worry about any interest taking them over their tax-free personal savings allowance (£1,000 a year for basic rate) taxpayers, £500 for higher-rate).
7 steps to running a successful accountancy or bookkeeping practice
When I set up my accountancy practice 18 years ago, I knew nothing about what I needed to do to be successful – it was all trial and error! I had worked in practice for 16 years prior to this, but when you set up on your own it’s completely different. You may have found this out yourself!
Anna’s Accountancy Alerts – Week 7 (16th – 22nd May 2022)
Tax reliefs available. A new page on HMRC’s website, titled Check what financial help you can get from HMRC has been published.
Making Tax Digital – Do you know what you need to do?
Making Tax Digital (MTD) came into effect from April 2019 for all VAT registered businesses trading over the VAT registration threshold of £85,000.
Anna’s Accountancy Alerts – Week 5 (2nd – 8th May 2022)
For directors and the self-employed special rules mean the NI threshold is applied for the year as a whole rather than for each pay period as it is for employees.
7 steps to a happy retirement – it’s never too soon to create your retirement plan
Some of us find it difficult to even think about retiring, let alone plan for it! But you need to do it and it’s best to start early if you can.
Anna’s Accountancy Alerts – Week 3 (18th – 24th April 2022)
With fuel prices increasing, you may be thinking of paying a higher rate than the HMRC rate but will it trigger extra Tax and NI?
What should I charge? 6 ways to make sure your price is right
Over the last ten years or so I’ve seen the role of accountants change. You are no longer only there to make sure your client has hit all their deadlines. More is needed from you!
You are needed as an advisor. Clients fear making a mistake and you are there to support them. As a result, your charges should reflect that.
Anna’s Accountancy Alerts – Week 1 (4th – 10th April 2022)
HMRC has increased the current late payment interest rate applied to the main taxes and duties to 3% from 2.75% with effect from 21 February 2022. This is the second rate rise due to consecutive rises in the Bank of England base rate.
Accountants: 4 Steps to Live the Life you Want in 2022
As we start the new tax year it feels like a new beginning. The longer days encourage us to be hopeful about the future. There’s never been a better time to plan what you are going to achieve in your career in accountancy over the next 12 months. You spend so much of your life in work that you need to be sure you are enjoying it!
Anna’s Accountancy Alerts – Week 51 (21st – 27th March 2022)
iSpeech.org HMRC has raised interest rates HMRC has increased the current late payment interest rate applied to the main taxes and duties to 3% from …
Spring into action today with a Strategic plan
A strategic plan helps you focus on the future for you and your business. What do you want to achieve? Until you know, there is no way you can work towards success. Therefore, you need a plan of action, a strategic plan to guide you on your way.
Anna’s Accountancy Alerts – Week 49 (7th – 13th March 2022)
https://www.ispeech.org VAT penalty rules This was due to take effect on 1 April 2022 but these changes will now be introduced on 1 January 2023. …
5 ways to be more Tax Efficient Today – Especially if you are a Higher Rate Taxpayer
As we near the end of the 21/22 tax year it is a good idea to think about becoming more tax efficient, especially for higher rate taxpayers. Having a plan now will affect both this tax year and future ones.
Anna’s Accountancy Alerts – Week 47 (21st – 27th February 2022)
https://www.ispeech.org Scam HMRC phone calls Reports of scam HMRC phone calls have fallen by 97% over the last 12 months, according to the latest figures …
3 simple steps to attract your ideal client
My last blog to accountants was all about effective communication. Part of your communication strategy should be that you make your website and social media appealing to customers so that you attract your ideal client.
Anna’s Accountancy Alerts – Week 46 (14th – 20th February 2022)
iSpeech Covid-19 support grants Remember to declare any coronavirus (COVID-19) support grants or payments on your company tax returns as they are taxable. Grants to …
Anna’s Accountancy Alerts – Week 45 (7th – 13th February 2022)
TTS National Insurance – incorrect NI codes When you use code M for NI it reduces your Class 1 NI secondary liability to nil. But …
10 Essential Tax Return Tips
iSpeech Take the stress of completing next year’s tax return away by starting today Most of you know there has been a deadline extension to …
Anna’s Accountancy Alerts – Week 44 (31st January – 6th February 2022)
iSpeech.org Reporting benefits and expenses in real-time If you sign up for payrolling now, your employees can pay the tax due on their benefits and …
Anna’s Accountancy Alerts – Week 43 (24th – 40th January 2022)
iSpeech Declaring coronavirus grants on tax returns Coronavirus (COVID-19) grants to support businesses and individuals during the pandemic are taxable. If you claimed grants from …
Anna’s Accountancy Alerts – Week 42 (17th – 23rd January 2022)
iSpeech.org SEISS grants HMRC has reminded self assessment taxpayers to declare any COVID-19 grant payments on their 2020/21 tax return. According to HMRC, more than …
The Time to Plan your Personal Finances for 2022 is NOW!
iSpeech.org 10 tips to master your personal finances today Now that Christmas and the New Year have passed it feels like a good time to …
