Let’s look at the psychology of shopping. You see a nice pair of trainers, new television, new car or even a new accountant. The first…
Paul Lydiate10/09/2018
You ask, we answer
Your questions about accounting and tax answered, and our take on the latest developments in tax, accounts and related matters affecting individuals and businesses. Quick reads and in-depth articles.
Do you sometimes feel like your paperwork is getting on top of you? Or that your books are a mess and you’ve got receipts all…
Stephen Harrison30/08/2018
Here’s a more detailed explanation of the services in our packages. Accounts We’ll prepare and file your accounts with HMRC and Companies House, so you…
Stephen Harrison29/08/2018
The bank of Mum and Dad is being used more and more these days for University fees, house deposits etc, but is this cash tax…
Paul Lydiate22/08/2018
It’s a debatable question. Much like do I need a car? Or do I need a smartphone or iPad? Most people don’t actually need a…
Stephen Harrison20/08/2018
If you're a business owner, the chances are you use your mobile for work purposes and for personal calls and texts. So does this mean…
Tim Miles16/08/2018
In short: yes. If your employees meet certain conditions, you have to put them into a workplace pension scheme and contribute to their pensions. If…
Tim Miles06/08/2018
Don’t let them in…… The end. Jokes aside, if HMRC do show up at your premises you have rights and they must follow a set…
Paul Lydiate04/07/2018
From time to time, a member of staff may request flexible working hours. Common reasons are so that they can drop their kids of at…
Tim Miles02/07/2018
Deciding whether to be a limited company, partnership or sole trader can be difficult and confusing. The best option for you depends on a number…
Stephen Harrison25/06/2018
After months of hard toil behind the scenes, we're proud to announce that our rebranding process is complete. JPS Accountants has become My Accountancy Hub!…
Paul Lydiate01/06/2018
The government announced the removal of higher rate tax relief, in effect restricting tax relief on mortgage interest to basic rate. Changes came into effect…
Paul Lydiate19/04/2018
The Employment Allowance can reduce a business's national insurance contributions by up to £3,000 a year. Most British businesses and charities qualify, so long as…
Tim Miles21/02/2018
Using this link: Pay your tax bill by credit of debit card, you can pay the following taxes online: Self-Assessment:Â you will need your UTR 10-digit…
Paul Lydiate24/01/2018
Since the changes in the treatment of buy-to-let interest, it's becoming more popular to purchase residential property via a limited company. But it's not the…
Paul Lydiate15/01/2018
Following a few calls from clients about stamp duty on second homes, we thought we’d do a brief blog about it. Stamp duty Land Tax…
Paul Lydiate14/12/2017
HMRC have confirmed that the second phase roll out of the new 30 hours free childcare has begun. This includes doubling free childcare to 30…
Tim Miles12/12/2017
If you receive a letter from the "England Commercial Register" such as the one below, please ignore it: it's a scam. Several clients have received these…
Tim Miles15/12/2016
TAXATION Income tax threshold to be raised to £11,500 in April, from £11,000 now. Tax savings on salary sacrifice and benefits in kind to be…
Paul Lydiate23/11/2016
HMRC will never email notifications of a tax refund or ask you to disclose bank details or other personal information. If you receive an email…
Tim Miles04/03/2016
