Accounting news
Contracting news
Accounting news

Stress-free tax returns with Sapphire

Now that the new tax year is upon us, many may be thinking of their taxes. You must send a tax return if, in the last tax year (6 April to 5 April), you were self-employed as a ‘sole trader’ and earned more than £1,000 (before taking off anything you can claim tax relief on), or a […]

Contracting news

Steps to Reduce Your Corporation Tax as a Limited Company

With the changing tax landscape, and as the government attempts to claw back the costs of the pandemic, it is important to plan ahead to make sure you are utilising all your available tax reliefs, exemptions or allowances and ensure that they are used effectively. Here are some key steps to consider when it comes […]

Accounting news

The Spring Statement 2022 has arrived

In this year’s Spring Statement, the Chancellor faced immense pressure to act on living standards amid escalating energy costs, rising household bills and increased taxes. It provided an opportunity for the Chancellor to address these issues. The Chancellor focused on three key areas: People, Capital and Ideas, and delivered the biggest net cut to personal […]

Accounting news

Cyber Security: if you’re not using two-factor authentication, you may not be as protected as you think…

There has recently been an increase in cyber-crime in UK businesses. A company in Hertfordshire lost £1.4 million in just two weeks after the hackers changed all their account details on their statements and invoices minutes after hacking into their systems. This is why two-factor authentication is vital. Xero has two-factor authentication that is easy […]

Contracting news

Recruitment Agencies – Tax & Employment Considerations for 2022

Key changes that are likely to impact you as a business: Rises in National Insurance (employees & employers) Increases in National Minimum & National Living Wages Changes in Right to Work Checks   National Insurance Increases Despite recent political pressure to scrap these increases in response to rising living costs, the National Insurance (NI) percentages […]

Accounting news

Fall in love with your Accountant

Whether you’re running an SME, employing hundreds of employees or a start-up, having a good relationship with your accountant is essential. Your accountant should be providing you with clear and easy to understand accounting information & advising you on ways in which you can save money across all areas of your business. Here’s some signs […]