Tax is a confusing topic for many of us and one which we don’t like to spend too much time thinking about. But look no further- here are 5 steps for the self employed to become tax savvy! You could save yourself some money at the same time! This advice is for sole traders and partnerships. 1) Know when to file your tax return – If you use paper tax returns, you’ll need to file on […]
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Working from home has suited people for a variety of reasons from saving money on long commutes to being able to fit work in around family life. Equally, people have missed the busy environment of the office and being able to leave it behind at the end of the day. But if working from home is for you, what does it mean for your tax bill? HM Revenue and Customs tax relief claims HM Revenue and […]
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The pandemic has changed many people’s life plans, including British citizens living abroad, who now want to return to the UK. Many expats have made that decision in the last 18 months but perhaps without the right tax knowledge in place. It’s not as simple as just packing your bags. It can be quite a shock for expats who may have worked in low or zero tax countries for many years. So it’s best to do […]
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The pandemic has changed the way many of us work in lots of ways – whether that’s working from home more or all the time, trying to achieve a better work-life balance or becoming one of the many people who have set up a new business or started freelancing. Many new small businesses have sprung up in the past few months from home – it could be cake decorating, building your own client business using your […]
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The Government’s Job Retention Scheme, probably better known as the Furlough Scheme, has proved to be an important lifeline for businesses and staff during the pandemic. It has meant employees have been able to continue drawing wages while the firms they work for faced shutting down or scaling back business operations for unknown periods of time – going some way to preventing wide scale redundancies. Things have been really tough and unfortunately businesses and jobs have […]
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There are several options when it comes to selecting cloud accounting software – but which one do you choose? The simple fact is that it’s all down to individual taste and which one you think suits your needs best! The bottom line as far as our team at KEW is concerned is that we are happy to work with any of them but it is our client who makes the decision based on working practice and […]
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Life is still tough but now we can dare to hope that things will soon begin to open up as we take the fight to Covid with life-saving vaccines. Businesses have been hit really hard during the last year but as things start to improve there will be many people thinking about starting up on their own. Setting up a business is a difficult decision at the best of times and 2020 will have put many […]
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Filing self-assessment returns can be a real headache, a taxing problem you might say! But do you take on the challenge yourself or is it something you need help with? The end of the financial year always seems to come around very quickly and the prospect of filing a self-assessment tax return fills most people with dread – which is why it’s probably best left to someone who knows what they are doing. Hassle-free There […]
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There finally appears to be an end in sight to the Covid-19 pandemic with the rolling out of a vaccine – but there will continue to be financial difficulties ahead for businesses and they need to take advantage of the available schemes if many are to survive. There is a lot of help out there, and for those who perhaps are unaware, here are some of the support packages which are available. For businesses, extended until […]
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It’s been an unprecedented year and Covid-19 has been devastating for some businesses as they struggle to survive through an ongoing situation which is likely to be with us for some time to come. Some people have lost their jobs with, unfortunately, more unemployment likely to follow in the coming months. The future remains unclear as we negotiate a second wave of the virus and the Government has stepped in with a number of packages designed […]
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KEW Accountants and Tax Specialists Ltd
Granville Suite
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Stafford Park 4
Telford
Shropshire
TF3 3BA
t: 01952 216872
e: info@kewaccountants.co.uk
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VAT No: 180 5947 85