End of paper copy SA302 for mortgage applications
For those applying for mortgages, remember as from the 4th September 2017 HMRC will not be issuing a paper copy of SA302.
How to choose the right accountant
Choosing the right accountant is a very important decision to make for a small business. If chosen correctly you could save time and it will help your business grow.
Update on Quarterly Tax Returns
The government have now scrapped plans to introduce quarterly tax returns, which has potentially saved people who are self-employed hundreds of pounds a year.
PAYE: Dynamic coding
As of 2nd July 2017 HMRC launched the new system of dynamic coding. This means that under the new system potential underpayments are replaced with in year adjustments (IYAs) Tax codes are adjusted in-year to reflect changes in an employee’s circumstances as soon as HMRC becomes aware of the change.
How taxes change after marriage
Married couples were once viewed as a single taxable unit by the government resulting in you being taxed less after getting married. However this is not the case anymore, now you are mostly taxed individually meaning very few tax benefits.
How to keep your overheads low when starting a business
When starting a new business it’s important to keep costs low in order to run a profitable business.
Everything you need to know about Tax Credits
Tax credits are payed by the state straight in to bank accounts via the tax office. If you are 16 or over and live in the UK you can apply.
WKM Accountancy services welcome new apprentice
Kayleigh Rawson, 20 from Ilkeston is the latest addition to WKM Accountancy services.
How to avoid accounting errors
Modern technology has made accounting easier than ever before.
Changes To Payroll & Tax Codes 2017
From 6th April 2017, the personal allowance will go up to £11,500.
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