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How to predict your future tax bill so you can plan your cash ahead of time 

One of the hardest parts of owning a business is not knowing how much you will earn in the future.  There is no promise of a steady paycheck, no added holiday or sick pay, and you have to balance both your business and household budget [...]

What do I do about my bounce back loan when we come out of lockdown? 

Now that a return to ‘normal’ is looking possible, we are talking to our clients about what happens next for businesses as they come out of lockdown. Many of you will have thought a lot about the future as a result of the last year, [...]

Want to stop hoarding receipts for your Accountant? Check out Dext Prepare (formally Receipt Bank)

Those who are familiar with the way we work will know we highly recommend ReceiptBank for every business. Well, ReceiptBank has now rebranded as Dext Prepare, so we want to catch up with any new changes to the software, and talk about how it works [...]

Making Tax Digital is coming soon. Here’s why that’s actually a good thing!

I know what you’re thinking. It's coming too fast. The systems won’t cope. HMRC will get it all wrong. And you know what? You might be right. But these issues aside, Making Tax Digital could be the best thing to happen in years. And in [...]

What the new mortgage interest restriction means to landlords

A key proposal in the July 2015 Budget was the restriction of mortgage interest relief available to landlords. Currently, landlords are able to offset all their finance interest against the rental profits, before calculating the rent profit and subsequent tax liability. By the 2021 tax [...]

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