Together Accounting

24/11/2023

The 2023 Autumn Statement has unveiled key updates that could benefit your business:
👉 Significant NIC cuts
👉 Extended relief on business rates
👉 Full expensing for equipment
👉 Enhanced investor tax incentives
Stay informed and take advantage of these changes for your business's growth.

Unpack the impact of the Autumn Statement 2023 on your small business. Discover the key updates, changes and their implications in our informative guide.

03/10/2023

🚨 Attention UK business owners! 🚨 HMRC has recently updated the assessment process for late VAT returns. Don't miss out on this crucial information – read our blog to stay in the know

The HMRC has recently implemented changes to the assessment process for late VAT returns, affecting how taxpayers are evaluated and penalised for filing

10/08/2023

We're committed to acting sustainably and planting trees alongside our clients in partnership with - let's take care of our planet together.

20/01/2023

The government has recently announced changes to company car tax rates that will take effect from April 2025. The new tax rates will be based on the CO2 emissions of the vehicle, with lower emissions resulting in lower tax rates.

This is a great step towards encouraging the use of more environmentally friendly vehicles and reducing the overall environmental impact of company car fleets.

Not only will this move help combat climate change, but it will also save companies money in the long run. Stay informed and plan accordingly to ensure compliance and take advantage of the benefits offered by the new tax rates.

https://www.togetheraccounting.co.uk/blog/changes-incoming-to-uk-company-car-tax-april-2025-2028/

The United Kingdom government has recently announced changes to company car tax rates that will take effect from April 2025. These changes are intended to

21/12/2022

The taxman has postponed the introduction of Making Tax Digital for Income Tax, which was originally slated for April 2024, to 2026.

Self-employed individuals and landlords will have more time to prepare for Making Tax Digital (MTD) for Income Tax Self Assessment (ITSA), following a...

22/11/2022

In recent years there has been a buzz around cryptocurrency which has become impossible to ignore. From initially being regarded as a niche product and high risk, crypto has gradually edged its way onto centre stage and is increasingly now seen as a viable alternative to mainstream finance.

In recent years there has been a buzz around cryptocurrency which has become impossible to ignore. From initially being regarded as a niche product and high

11/11/2022

From April 2024, all sole traders, businesses and landlords with incomes greater than £10,000 per year must operate with the new rules of Making Tax Digital (MTD).

The rollout of MTD is to streamline the tax service of the UK, aiming to bring everyone onto a single digital system for tax returns of all varieties as the tax world digitises more and more every year.

Income Tax Self Assessment is about to be revolutionised with Making Tax Digital, so read on to make sure you know everything there is to know about it

01/11/2022

Did you know that…

Vehicle tax is now dependent on CO2 emissions. Pure electric automobiles with no tail emissions won't pay road tax and automobiles above £40,000 are exempt. These cars will be charged £350 per year for the first five years, saving £150 annually compared to diesel and gasoline vehicles.

Read more on the tax benefits of electric vehicles here: https://www.togetheraccounting.co.uk/blog/electric-car-tax-relief/

21/10/2022

Mark your calendars! The 31st of October is not only Halloween, but it's also the last day of filing Corporation Tax Returns by companies with the 31st of October as year-end, and the deadline for postal submission to the HMRC of Self-Assessment Tax Returns for the tax year until the 5th April 2022.

09/09/2022

UK Business Facts: How many new businesses are launched in the UK each year?
There were 810,316 new businesses launched in the financial year ending in 2021, was your business one of them?
*ONS - Business population estimates for the UK and regions 2021: statistical release (HTML)
Published 7 October 2021

08/09/2022

R&D Tax Credits are an incentive for companies to invest in innovation. As your Company Accountant we can carefully construct your application to help you gain reward from the Government for the Research and Development work you do...
Call 01603 627963
or
e-mail [email protected]

It’s true that R&D claims are complex. However, we have invested considerable time and expertise testing and developing a claim process that will result in the best possible outcome.

07/09/2022

People do business with people they know like and trust...