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I think I have paid too much Stamp Duty Land Tax – am I entitled to a refund?
You can make a claim to obtain a refund if no more than three years (36 months) has lapsed between the purchase of the new property and the sale or ‘giving away’ of the old property.
What do you need to think about when it comes to accountancy for growing businesses?
As your business grows, your needs change and therefore the service with your Accountant should reflect this growth and change. Stanley answers some of the questions clients ask us during the growing business phase.
What is ISQM 1 and ISQM 2?
Two new standards were introduced in December 2020 by the International Auditing and Assurance Standards Board (IAASB), which were then adopted by the UK’s Financial Reporting Council (FRC).
Are you prepared for the upcoming changes to VAT penalties?
Are you aware that there are big changes with VAT penalties and interest charges coming into force from January 2023 if your VAT return is submitted or paid late?
How to complete transfers and credit card payments on Xero?
Do you have multiple credit cards and pay them off by one payment from your current bank account? If you do, this can cause an issue within Xero, if you don’t then update your dashboard correctly.
Should I let out my rental property personally or set up a limited company?
For individuals who own additional properties, a common question asked is whether it would be beneficial to set up a separate limited company to own and manage the property. Sam evaluates the benefits of each choice which can help make this decision clearer.
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