Claiming Christmas Party Expenses Through Your Limited Company

Christmas might still feel half an age away, but many limited company owners will be frantically trying to agree dates and arrangements for their annual Xmas bash.

The company Christmas party is traditionally a time to thank employees for all of their hard work and let loose with food, alcohol and entertainment. And whether you are a one-person limited company or a firm employing 50 people or more, the good news is that you can claim back some party expenses from your annual tax liability.

HMRC Launches New Online Customer Forum

HMRC has launched a new set of Community Forums designed to make it easier for taxpayers to get their tax questions answered.

If you have a question about property income, VAT, expenses, Making Tax Digital, Self Assessment, Brexit or a whole range of other topics, you can submit a question to be answered by an HMRC expert.

The forums are split into a range of different subject areas and taxpayers can use a search function to search for a question that may have already been answered.

CloudAccountant.co.uk are supporting World Mental Health Day on Thursday 10th October.

CloudAccountant.co.uk are supporting World Mental Health Day on Thursday 10th October. We are also fundraising for Mind, the mental health charity, throughout October.

The World Health Organisation recognises World Mental Health Day on 10 October every year. This year's theme set by the World Federation for Mental Health is suicide prevention.

Today CloudAccountant.co.uk are holding a Tea and Talk event to encourage colleagues to have a natter if something is the matter. Just by building social links and relationships, can make workplaces happier and a more mentally healthy community.

Cloud accounting software provider Xero has announced plans for its first office in the North of England, with a Manchester site set to open in November.

The New Zealand company, which already has offices in Milton Keynes and London, says that it will create up to 40 jobs in Manchester by early 2020.

Xero has experienced rapid growth in the UK. The online accounting company saw its UK subscribers increase almost 50% to more than 463,000 in the year to 31 March 2019.

Amazon Sellers Could Be Blocked By No Deal Brexit

Revelations from a leaked government document suggest that thousands of online sellers could find their businesses blocked on popular marketplaces in the event of a no-deal Brexit. The news which could leave British Amazon and Google sellers hamstring was revealed when confidential details of the government’s Operation Yellowhammer no-deal contingency planning were leaked to the press.

FreeAgent iPhone App Gets a Refresh

FreeAgent has been busy over the last few months, quietly rebuilding their multi-award winning iOS mobile app to make it even slicker and more reliable.
The iPhone app has been specially designed for freelancers, the self-employed and other small business owners to use on the go.

MTD Six Months On: 94% of Firms File on Time
Editor | 14 October 2019
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The biggest transformation to the tax system this century, Making Tax Digital (MTD) for VAT came into force for more than a million businesses in April.

Under the changes, VAT-registered businesses with a turnover that exceeds £85,000 need to keep digital tax records and submit their VAT returns to HMRC using compatible software like FreeAgent or Xero.

The Best Cloud-Based Apps for Small Business Owners

Small business owners have a lot on their plate. And anything that makes their lives a little bit easier can pay huge dividends in the form of business growth and success.

A new breed of tools, which store information in the cloud and allow users to access it from anywhere, on any device, have revolutionised how these busy owners get things done.

Cloud Accounting Software: Xero Vs Quickbooks

Business owners need to make sure they have the right tools to manage their finances. When it comes to bookkeeping and accounting, more and more firms are choosing online software platforms over spreadsheets and desktop-based software.

This low-priced software gives business owners the ability to manage their finances from anywhere, with data stored securely in the cloud. But how do you choose which software is right for you.

How Small Business Owners Save for Retirement

When you run a small business, it is easy to get caught up in the daily hustle of grind of winning business, delivering a great service and keeping people happy. But when you are so focused on growth and success in the short term, it can be difficult to think about the next few months, let alone decades.

This may be part of the reason why so many freelancers, limited company directors and other small business owners seem to be so ill-prepared for retirement.

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