by dlraccounting | Oct 1, 2024 | Uncategorized
When you’re starting a business, taking care of the key start-up tasks and things you need to consider is important. Certain things need to be done at certain times and in the right sequence. By doing the above you can really help boost your chances of success and...
by dlraccounting | Apr 2, 2024 | Uncategorized
Did you know? Base Period Reform is coming into force for tax year 5th April 2025 – simplifying tax for the self employed! What is it? Basis period reform (BPR) means that self-employed individuals (sole-traders) and partnerships will have to report their business...
by dlraccounting | Feb 13, 2024 | Uncategorized
Did you know? It can be solved if you missed the self assessment date – you are not alone! Filing a Self Assessment tax return can be a daunting and time consuming process (very much underrated) and many people miss the 31 January deadline so you are not alone. ...
by dlraccounting | Jan 19, 2024 | Uncategorized
Did you know? You can reduce your tax by claiming on business expenses as self employed individual As a sole trader or freelancer, it is wise to understand your basic allowable expenses, even if you’re paying an accountant to help with your self assessment tax...
by dlraccounting | Dec 17, 2023 | Uncategorized
‘’Designed to strengthen the economic growth’’ The headline message from the Chancellor The Chancellor delivered his Autumn Statement for Growth aimed at building a stronger and more resilient economy. He highlighted that the plan is to “unlock growth and...
by dlraccounting | Dec 3, 2023 | Uncategorized
For employees and pensioners, tax is typically deducted automatically at source from wages (if you are employed) and pensions (from your pension provider). People and businesses with other income not deducted at source and above a certain level must file a self...