News

Can you afford the increased Auto-Enrolment payments?

On 6th April 2019 your business and your employees must pay more into the auto-enrolment pension scheme operated by your business. Your business must increase minimum pension payments from 2% of qualifying earnings to 3%; plus, your employees must increase their minimum payments from 3% to 5%. Those increases represent yet another blow to profitability and to take-home pay.

Can your […]

How your business could benefit from Make Tax Digital

The HMRC requirement to Make Tax Digital starts in April for most VAT-registered businesses.

Your business could benefit from this requirement if you redesign your bookkeeping, accounting, and management information processes in such way that you take advantage of the facility to automate much of the day-to-day bookkeeping work, and you get your accountant to prepare custom-made management accounts templates within […]

Has KPMG told you to make alternative arrangements?

Do you need a new accountant to replace KPMG?

You may know that KPMG has announced the closure of their Small Business Accounting Unit, and so you must “make alternative arrangements”. In other words, find a new accountant?

ad+ Chartered Accountants is your ideal choice because we specialise in small businesses accounting.

We have 28 years experience of providing bookkeeping, accounts, tax, and […]

Ban on personal credit card surcharges

As of January 13, 2018, businesses will be prohibited from adding surcharges to recoup transaction fees on purchases made using a personal credit card. One of the first organisations to impose this ban is HMRC. As of 13th January 2018 HMRC will no longer accept personal credit cards as a method of paying tax bills.

The surcharge ban extends to bank […]

ad+ seminar: Get your business ready for new HMRC requirements

REGISTER NOW to learn what your business must change in order to comply with new the HMRC Making Tax Digital requirements.

Every quarter, your business will be required to provide an on-line update to HMRC of the amount of ‘taxable profit’ produced. That requires a lot of extra work by your staff and your accountant.

Will your bookkeeping staff cope with that […]

Small businesses need to prepare for increased VAT bills as of 1st April

The VAT Flat Rate Scheme is welcomed by many small business owners because it simplifies the record keeping and calculation requirements associated with their quarterly VAT bill.

Although the VAT Flat Rate Scheme will continue, as of 1st April, HMRC is introducing a new system which will increase the amount of VAT payable by many businesses using that scheme.

HMRC defines a […]

Road Tax (Vehicle Excise Duty) increases as of 1st April 2017

Running a new car will become more expensive for most car owners as of 1st April because of a new system of Road Tax (Vehicle Excise Duty). The increases apply irrespective of whether the car is owned by you or your business.

It is, perhaps, surprising to note that many cars which have a comparatively low CO2 emission rate will have […]

Win a treat for you and your friend

ad+ Chartered Accountants is giving you the chance to win a treat for you and your friend.  If you are selected as the winner of our free prize draw, you and your friend will enjoy a fabulous Champagne Afternoon Tea for two at 200 St Vincent Street.

Entering the competition could not be easier – for your chance to win, just ‘Like’ our Facebook page and ‘Share’ […]

URGENT: TAX RETURN DEADLINE

31 January 2016 is the deadline for submitting your personal tax return. Failure to submit the return prior to this date will result in an automatic £100 penalty being applied.

Late payment and interest charges will also be imposed on any tax liabilities paid late. ad+ must receive all the information required to complete your tax return no later than the […]

Landlords – your tax bills are about to rise….guaranteed

Are you aware that there is a fundamental change in the way your tax will be calculated in the future?

George Osbornes planned reforms could mean that a typical landlord who historically had no tax to pay on property letting profits will be left with annual taxation liabilities running into £000’s.

Previously landlords were able to claim allowable interest relief on their […]