Archive for Accounting Services

Business Owners Inside Guide To Accountancy Services

Many of us are familiar with the need for accountancy services to support our business, however many small to medium sized business owners are unaware of what accounting services are available and the basic function of each.
Here we will provide a basic overview, highlighting the important details that you need to know about [...]

Making the most of your Annual Capital Gains Tax exemption

The end of the tax year fast approaches and if you do not utilise your Capital Gains Tax (CGT) annual exemption by 5 April 2010 then, it could, one day, cost you thousands of pounds in tax. How can you avoid this? Let us at Accountancy Services Direct take you through some options.
To sell or [...]

Higher Rate Tax Dodges for Investors

In just two months time some of you will be facing income tax rates of up to 60%!!! Tax boffins have been inventing some pretty complex schemes to avoid these but are there some simple steps you could be taking now? In this artice Accountancy Services Direct takes you through some options.
Solution
To avoid being caught [...]

Accountancy Services Direct – January 2010 is VAT day, are you ready? Part 2

In this Accountancy Services Direct article we will deal with the issue of electronic filing, are you ready for it and does it apply to you or your business?
HMRC has a plan in place to have everyone filing their VAT online by 2012.
From 1 January 2010 there are two things to consider:
1.When are you registering [...]

Are you ready for the VAT changes? 1 January is coming fast!

There is one main thing happening on 1 January 2010 and that is VAT!
VAT is having an update and we are going to look at a few key areas.
This part will deal with the rate changes.
The VAT rate is reverting back to 17.5% from 1 January 2010.
There are some anti-avoidance rules to be aware of, [...]

Getting Paid and Paying Tax – part 2

In this Accountancy Services Direct article we go on to discuss what is required after you have established that you are going to need to be registered for the Construction Industry Scheme (CIS) and you have to decided if you are going to require gross payments.
Gross payments are when the contractor will pay you gross, [...]

Accountancy Services Direct Basic guide to the Construction Industry Scheme

In the latest Accountancy Services Direct article we discuss the  Construction Industry Scheme.
The Construction Industry Scheme (CIS) is a scheme that applies to contractors and subcontractors in mainstream construction work. It can also apply to businesses and organisations who have such a large annual spend on construction that they are deemed to be contractors [...]

‘Don’t increase tax on small firms’, FSB says

Interesting article discussing the Federation of Small Businesses (FSB) thoughts on the the effect of an increase on tax to small business. The aim of most accountancy services is to save their client money, whether that be by creating accurate financial statements to allow the business owner to make informed decisions or making the company [...]

Accountancy Services Direct’s Business Owners Inside Guide To VAT

Many of the questions our clients ask us at Accountancy Services Direct relates to Value Added Tax. Value Added Tax (VAT) is the most common form of tax as it is charged on most goods and services provided by UK VAT registered businesses.
It is also charged on goods and some services (even accountancy services!) [...]