With so many schemes and deadlines floating around, we thought it might be useful to share this helpful summary of the main grants and schemes currently available to small businesses and the self-employed affected by the pandemic (mostly taken from the FSB website. Remember, hardship grants and funding are also available at local authority level…
When it comes to owning or working in a small business, being organised is pretty much a prerequisite. There are lots of different tools on the market nowadays to help you automate certain areas of your business, streamline processes and ensure you are as efficient as you can be. If you are considering a CRM…
Establishing great relationships with other like-minded business people can provide a lifeline of support and business generation for a start-up or small business at any stage. Networking is a great way to share your successes and mistakes with others and will play an important part in growing a sustainable business. Inevitably, the main purpose of…
At the beginning of September, additional new VAT rules for 2019 were brought in, following the introduction of Making Tax Digital (MTD) in April. These new changes were made in order to tighten up existing VAT regulations and ensure businesses cannot gain unfair tax advantages – Her Majesty’s Revenue and Customs (HMRC) claims there is…
Entertainment expenses are not usually tax deductible for businesses in the UK. This means that you cannot claim tax relief for these expenses to reduce your tax bill, and you cannot claim the VAT back on expenditure either. However, there are circumstances that are not quite so clear cut. Taxation and VAT are complex systems…
Read all about our founder and director, Joanne Bell, who recently won Kent Business Woman of the Year 2019.
If you are a VAT-registered UK business, you will be all too aware that Making Tax Digital came into play for VAT periods that began on the 1st April 2019. This is intended to be an overhaul of the tax and VAT system, making administration more effective, more efficient and easier for taxpayers. And it definitely…
Making Tax Digital (MTD) is a new initiative from HM Revenue & Customs (HMRC), intended to make it easier for individuals and businesses to keep on top of their taxes and submit information. It is part of HMRC’s plans to become more digitally advanced – “one of the most digitally advanced tax administrations in the…
We are delighted that our Managing Director, Joanne Bell, has been announced as a finalist at the Kent Women in Business Awards 2019. Jo has been entered into the Leadership and Management category, a great achievement that we are all proud of here at Bells Accountants. This is the sixth year that the Kent Women…
There are few headlines that pop up consistently in the media, almost on a daily basis. Brexit is one topic, while the other is the Budget and this one saw quite a bit of build-up again this year. The time finally arrived, earlier than usual and rather notably on a Monday no less, when the…