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2024 Budget General

2024 Budget

2024 Budget Alcohol duty The freeze in duty was due to end in August but has been extended to February next year. Fuel duty Fuel…

Paul Lydiate06/03/2024

How do I pay my self-assessment tax bill? GeneralTax

How do I pay my self-assessment tax bill?

Important dates: The dates for paying your self-assessment are: 31 January (balancing payment and your first payment on accounts) 31 July for your second payment…

Paul Lydiate27/06/2023

Can I Hire an Employee without a P45? PayrollTax

Can I Hire an Employee without a P45?

Yes but, when hiring a new employee, the P45 form plays a crucial role in ensuring accurate tax deductions and providing important information about the…

Paul Lydiate07/06/2023

FTSE plummets as Jeremy Hunt unveils UK’s ‘budget for growth’.  PayrollTax

FTSE plummets as Jeremy Hunt unveils UK’s ‘budget for growth’. 

FTSE plummets by 236.35 points (3.09%) as Jeremy Hunt unveils UK's 'budget for growth'. General The Energy Price Guarantee will remain at £2,500 for the…

Paul Lydiate15/03/2023

7 things you should do before taking on staff Employment law

7 things you should do before taking on staff

Staff can be the greatest asset to your business. But how do you know that you’re taking on the right person? How can you inspire…

Tim Miles11/03/2022

Lockdown 2.0 AccountingGeneralPayrollTax

Lockdown 2.0

Updated 13.51am Thursday 5 November 2020 Lockdown 2.0 is upon us! Today the Government have announced new measures to try and support businesses through this…

Paul Lydiate05/11/2020

How do I pay my Self Assessment Tax Bill? Tax

How do I pay my Self Assessment Tax Bill?

To pay your tax bill online, please go to HMRC's Website.   Scroll down and click on the "pay now" button.   On the next…

Paul Lydiate09/10/2020

Top 5 Ways to Organize Your Business Computer / ITGeneral

Top 5 Ways to Organize Your Business

It is said that an unorganized desk can waste 30 to 120 minutes every day. Well, if an unorganized desk has such a huge drawback,…

My Accountancy Hub25/09/2020

New Support Measures AccountingGeneralPayroll

New Support Measures

Updated 14.27am Thursday 24 September 2020 The Chancellor has announced a number of additional support measures for businesses and individuals. Here's what you need to…

Paul Lydiate24/09/2020

Will Sunak’s measures be enough? GeneralTax

Will Sunak’s measures be enough?

Various measures have been announced today to get the economy going again, but do they go far enough? VAT Changes VAT will be cut on…

Paul Lydiate08/07/2020

Behind the scenes at My Accountancy Hub General

Behind the scenes at My Accountancy Hub

During these crazy times, it’s okay to be scared, confused, worried and anxious, but we’re here to help as many people and businesses through it,…

Paul Lydiate01/07/2020

What is a COVID secure workplace? Employment lawGeneral

What is a COVID secure workplace?

The current advice is to work from home where you can. For some sectors this is not possible therefor employers must make the working environment…

Paul Lydiate12/05/2020

What is a bounce back loan (BBLS)? General

What is a bounce back loan (BBLS)?

This is the latest scheme available today. It enables small businesses to obtain 100% Government backed loans between £2,000 and £50,000. These loans will be…

Paul Lydiate04/05/2020

What help is available for businesses affected by Coronavirus? General

What help is available for businesses affected by Coronavirus?

Updated 9.02am Mon 8 June 2020 The Government have released a lot of information over the past week about how they intend to support businesses…

My Accountancy Hub03/05/2020

What are payments on account? Tax

What are payments on account?

Every year we get calls from clients asking how payments on account for self-assessment work. We've decided to do a short blog to try and…

Paul Lydiate20/04/2020

Does my business qualify for a Coronavirus cash grant? General

Does my business qualify for a Coronavirus cash grant?

The Government are providing cash grants to some small and medium-sized businesses affected by Coronavirus. Does my business qualify for a grant? Businesses based in…

My Accountancy Hub02/04/2020

Coronavirus Update General

Coronavirus Update

Updated: 23 September 08.45am Revised office hours  Due to the announcement by the government yesterday our plans have had to change yet again. We were looking…

My Accountancy Hub16/03/2020

If I buy equipment, does the full amount come off my tax? AccountingTax

If I buy equipment, does the full amount come off my tax?

According to the guy in the pub, who has a detailed knowledge of everything, the answer is YES! Before falling off his stool, he’ll go…

Paul Lydiate24/02/2020

How much do accountants charge? AccountingTax

How much do accountants charge?

“How much do you charge” is the question we get asked the most, and a lot of the time this is the deciding factor in…

Stephen Harrison09/01/2020

Can I stop a Limited Company being struck off? General

Can I stop a Limited Company being struck off?

Limited companies can request to be removed from the register (known as being stuck off) if they are dormant or cease to trade. An objection…

Paul Lydiate05/11/2019

Can Christmas gifts and parties be claimed as a business expense? AccountingTax

Can Christmas gifts and parties be claimed as a business expense?

With Christmas around the corner, a few of our clients have been asking “can we claim gifts to customers and a Christmas party as an…

Paul Lydiate08/10/2019