Spring Budget 2017 at a glance

Spring Budget 2017 at a glance

in News

by
Lynne Gowers
on

Chancellor Philip Hammond (aka “Spreadsheet Phil”) has delivered his first Budget, which was also the last to be held during Spring as it will now move to Autumn. It means that this year there will be a second Budget to accommodate the timetable switch.

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Flat rate VAT changes explained

Flat rate VAT changes explained

in Contracting Tips & Advice, News

by
Lynne Gowers
on

From 1st April 2017, the government is introducing a new 16.5% Flat Rate VAT scheme that will affect many businesses with a very low cost base, including limited company contractors providing services.

The new rules apply to “limited cost traders”, which are defined as businesses who spend less than 2% of their sales on goods (not services) in an accounting period.

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Going freelance? A guide to getting started

Going freelance? A guide to getting started

in About Freelancing

by
Lynne Gowers
on

If you are reading this you have made the decision to ditch the 9 to 5 and put yourself out there as a freelancer in your chosen field.
Success in freelancing, like life, very much depends on how good a start you get. New freelancers have a lot to contend with; getting clients and keeping them happy as well as all the other day to day aspects of running a business.

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Introducing Making Tax Digital or MTD

Introducing Making Tax Digital or MTD

in General Advice, News

by
Lynne Gowers
on

How many times this week have you completed some sort of transaction online?
From ordering groceries, to booking cinema tickets, to paying bills; every day millions of us are embracing the simplicity and speed of digital services. Going forward the Government is also embracing technology and is working to modernise the UK’s tax system.

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Boox accounting App Updates – Release 4.3

in Boox Developments

by
Jonathan London
on

As always, we’ve been working hard to continually improve the options available to you within our Boox accounting app, so we’re very pleased to be able to give you a sneak peek at these upcoming enhancements which are scheduled for release on the 14th February 2017. 

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Non-employing businesses dominate the UK private sector

Non-employing businesses dominate the UK private sector

in About Freelancing

by
Lynne Gowers
on

Non-employing businesses and small employers are dominating the UK private sector – there are now 5.5 million such businesses – that’s over 99% of the business population.

Such are the findings of a report* commissioned by the Department for Business, Energy & Industrial Strategy, showing that small business is well and truly booming in the 21st century.

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