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News for: Accountancy

5.4 million still to file Self Assessment tax returns

HMRC is reminding the 5.4 millon Self Assessment taxpayers who have not yet filed a return for the 2023-24 tax year to do so before the 31st January 2025. Anyone required to file a tax return for the 2023 to 2024 tax year who misses the 31 January 2025 deadline could face an initial late filing … [Read more...]

Expert Opinion: Managing finances as a small business

Managing finances for a small business can be a challenging task, but it is essential to the success and growth of your company. The team from Stockport firm, IN Accountancy, share their 10 top tips for staying on top of your business' finances. From keeping accurate financial records to … [Read more...]

HMRC launches new online tools for sole traders

Ahead of Small Business Saturday on 7th December, HMRC has launched new online tools for people working for themselves and individuals considering self-employment. The new interactive tool aims to give new and existing sole traders clearer guidance about records they may need to keep, taxes that … [Read more...]

Expert Opinion: Cash flow management for SMEs

The team from accountancy firm, Xeinadin, share their insights into the importance of cash flow management for SMEs, and strategies for managing it. Every business costs money to run. But how you cover your day-to-day operational costs can depend significantly on how big your business … [Read more...]

Azets expands Wealth Management team in Stockport

Azets Wealth Management has expanded its team with the addition of Adam Bickell as Director who will be based at the firm's Stockport office. Adam joins Azets Wealth Management to support the development of a fully integrated wealth and financial planning service for businesses, directors, … [Read more...]

Expert Opinion: Business Property Relief and Family Businesses

Christian Mancier, Commercial and Corporate Partner at Stockport's Gorvins Solicitors, explains how changes announced in the Budget to Agicultural Property Relief and Business Property Relief could affect family businesses and their inheritance tax planning. For well over 30 years, death has … [Read more...]

Expert Opinion: Selling Your Business? Why planning ahead matters

The team from Stockport-based accountancy practice, IN Accountancy, explain some of the tax implications to consider when selling and exiting from your business. Let’s face it, if you’ve spent years of your life, and taken risk after risk, to launch and scale your small business, which has become … [Read more...]

Self Assessment taxpayers have 100 days left to file

HMRC is reminding Self Assessment taxpayers that they have 100 days left to file their returns pay any tax owed before the 31st January deadline. So far, over 3.5 million people have already submitted their Self Assessment returns. Starting Self Assessment early means taxpayers are more likely to … [Read more...]

Companies House implements new non-compliance penalties

Registered companies and their directors are being warned of new penalties being introduced by Companies House for non-compliance with their legal responsibilities. As part of new powers granted to the body in the Economic Crime and Corporate Transparency Act 2023, businesses could face financial … [Read more...]