News and Articles

Welcome to our news page. As a company we strive to keep on top of new trends (particularly if it helps us work more efficiently!). As we search through our news feeds we sometimes want to share our insights with our friends and clients; this page is where you’ll find these articles, as well as the occasional update on what our staff are up to.
Starting a Business – One minute briefing

Starting a Business – One minute briefing

My advice to someone starting a business takes account of all the failures I have observed over the years as a practising management accountant. Running a business exposes you to new challenges and often to extreme competition. (Think of the effects of Trip...

read more
New way to get an unexpected tax refund

New way to get an unexpected tax refund

Normally a Company can carry back a loss against its previous year. The budget announced a temporary extension to allow losses to be carried back up to three years. This can trigger a refund of tax paid in these previous years. In detail, Companies having accounting...

read more
Covid-19 successor loan now up and running

Covid-19 successor loan now up and running

Covid-19 successor loan now up and running The 2021 Budget announced a replacement of the Bounce-Back and other Covid loan schemes. It is called the Recovery Loan Scheme (RLS) and is now open to applications. It runs until December 2021, subject to review. You apply...

read more
Help with Taxes

Help with Taxes

Help to pay taxes Small businesses or self-employed people who are struggling to pay their corporation tax, income tax, PAYE, or VAT can call HMRC's 'Time to Pay' helpline for help and advice, with options to defer or delay payment: 0800 0159 559 Also, businesses who...

read more
Apprenticeship Incentive Scheme

Apprenticeship Incentive Scheme

The New Apprenticeship Incentive Scheme has just been announced and is available to all employers to support the recruitment of new apprentices. As an employer, you will be eligible for up to £3,000 for each new apprenticeship opportunity created from 1 April 2020 to...

read more
Tax filing deadline extended

Tax filing deadline extended

It was announced by HMRC on Monday that they have effectively extended the 31st January deadline for filing a 2019-20 tax return until 28th February. They stated that they will not charge the automatic £100 penalty for the late filing, provided the return is filled by 28th February. This eleventh hour change of heart is a victory for common sense as more than 3 million people have still not filed their 2019-20 tax return.

read more
Selling Into Europe

Selling Into Europe

Selling low values parcels into Europe Do you sell low value items into Europe? Are you a so-called distance seller? Under the new UK and EU simplification rules, there will be an exemption for distance sellers of €150 or £135 on any consignment. This protocol saves...

read more
Minimum wage up a shocking 9% from April

Minimum wage up a shocking 9% from April

Minimum wage up a shocking 9% from April So, an early warning – Minimum wage rates in the UK will, on first glance, increase on 1st April by around 2%. The headline rate for adults goes from £8.20 to £8.36. However, in a concurrent change, the higher National Living...

read more
Tax returns and Covid

Tax returns and Covid

Tax returns and Covid Well one thing has not changed because of Covid. The deadline for online filing of your personal tax return is still 31st January 2021, just over 6  weeks away. If you still must file, my accountancy practice Baxterworld, may be able to help. We...

read more

Services

- Management Accounts

- Annual Accounts

- VAT

- Payroll

- Software Consultancy

- Tax Services

- Purchase Ledger

- Sales Ledger

click for full list...