Are you considering employing the help of a local account in Nottingham? You might be wondering where to start and what to expect from local accounting services. Our blog explores this in more depth, diving into the various reasons why hiring a team of local Nottingham accountants might be the best decision for your business.
Self-employment comes with many benefits like flexible working, being your own boss and setting your own business goals. But it also means you need to think about keeping business records and paying tax. As a sole trader, you should, by law, be keeping all business records ready to submit your Self-Assessment tax return at the
As humans, we often become attached to what works for us, and, as a result, we can be reluctant to embrace change. However, according to HMRC, the days of receipt hoarding and Excel sheets should be behind us, with efforts to start ‘Making Tax Digital’. Making Tax Digital is a Government scheme encouraging businesses to
Are you a landlord or property investor considering selling your home? When selling real estate, it is important to understand the complexities of capital gains tax and other aspects of property accounting to ensure you are minimising how much tax you need to pay and making the most tax-efficient savings. There are several tax considerations
As a property investor, you can make significant tax savings on your investment properties by claiming them as allowable expenses on your tax return. Allowable expenses for landlords can vary for different types of investments, but ultimately, working with an experienced tax specialist can reduce your tax bill and increase your rental property income. What
When it comes to remuneration, company directors can choose to pay themselves with a salary, dividends or a combination of both. It can be beneficial for directors to take a combination of salary and dividends as: dividend tax rates are lower than income tax rates taking a salary keeps NIC up-to-date there is no NI
Regular Management Accounts are an absolute necessity in making business decisions based on recent performance. Once in-use you, the business owner, will love them. Management Accounts are financial reports used by the business owner and management for decision making and running the company based on recent performance. They are produced every quarter, month, or week.
Just because you might have accountants in Nottingham doesn’t mean you have to stay with them. If they aren’t doing enough for you, helping you to save money on tax and other bills and developing your business, you should think about changing.
It’s easier than you think. It only takes a few minutes, and it could dramatically alter your business for the better.
If you want to go ahead and change accountants to Archimedia Accounts, we will have a few letters sent to you in the post, which you simply pass on to us. And we will liaise with your previous accountants to get any additional details and information we might need. That’s all it takes to get progressive, proactive accounting from a company that cares about your business and will help you to succeed even more.
