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Tax credits scams warning for customers

Tax credits customers should be vigilant and alert to potential tax credits scams, HM Revenue and Customs (HMRC) has warned. Anyone doing their tax credits…Read More

Case Study: Rockwater Hove

Cardens evolving relationship with Rockwater started in early 2020. Founder Luke Davis and Operations Director Lee Wilson needed an accountant that was able to be…Read More

COVID-19 VAT deferrals: 3 repayment options this June

In total, around £33.5bn of VAT payments were deferred between March and June 2020. Now, if you owe VAT deferrals from the early stages of…Read More

Record Keeping Checklist & MTD Guide for UK Landlords

UK landlords are generally taxed on profits accrued from property portfolios in the UK and elsewhere. So, record keeping is crucial to ensure that your…Read More

SEISS fourth and fifth grant updates

SEISS fourth grant: Claims for the fourth grant have now closed. The last date for making a claim was 1 June 2021. SEISS fifth grant:…Read More

Updated VAT road fuel scale charges from May 2021

HMRC have amended the VAT road fuel scale charges with effect from 1 May 2021. Businesses must use the new scales from the start of…Read More

Reimburse private fuel by 6 July to avoid fuel benefit

One consequence of the recent periods of lockdown is that employees may have driven fewer private miles in their company cars, particularly where they have…Read More

Dext multiple currencies support guide

Does Dext support multiple currencies? Yes, it does. Most of our bookkeeping clients use the standard currency Pound Sterling in Xero or their other accounting…Read More

6 Audit Myths Explained: What we actually do

Do you know the difference between an internal audit and an external audit? We must admit that the two are often misunderstood despite the fact…Read More

Breathing Space scheme launches to tackle problem debt

A new debt respite scheme will support hundreds of thousands of people struggling with debt problems. Around 700,000 people struggling with problem debt to benefit…Read More

Changes to the VAT penalty system

Currently, if you fail to file a VAT return or make the payment, there are no penalties for the first late payment, and if you…Read More

Paying back VAT deferred due to COVID-19 UPDATED

This guide details paying back VAT payments deferred between 20 March and 30 June 2020. You can pay now or join the VAT deferral new…Read More

What are management accounts, and do you need them?

Management accounts are a type of financial report providing insight on the financial performance of your business. They are called management accounts because they are…Read More

8-Step Cash Flow Plan to Minimise Business Disruption

Across all regions of the UK insufficient cash flow reserves is a clear issue for many smaller businesses. The latest Understanding the business impacts of…Read More

14 new tax year financial support increases from April 2021

A raft of personal and business financial support increases from April 2021 will affect millions of people in the UK. We list what’s changing, from…Read More

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