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11th February 2020

The Pitfalls of Hiring Staff

So, you’re thinking about hiring? That’s great! As a small business owner, that shows how much your fledgling business has grown. You can feel a buzz of excitement but also anxiety setting in. Your business is your baby and you want to make sure it’s in safe hands. You know that no one you hire […]

22nd January 2020

Record Number Of Tax Scams

This is the season for scammers to try to take advantage of people.  According to HMRC, in 2018/2019, they received around 900,000 reports about possible tax scams.  This is staggering, considering most people won’t bother to tell them. Dodgy Phone Calls If you owe HMRC tax, you will receive a statement and then a reminder.  […]

19th December 2019

What you need to know about filing a self-assessment tax return

Who Needs to Complete a Tax Return? If you are an employee, you get taxed through your payroll.  When you receive your pay slip, the tax & NIC’s have already been deducted on your behalf.  You may also receive dividends, if you have shares in a company – at the moment, you are allowed a […]

5th December 2019

Six Common Misconceptions About Accountants

What’s the first thing that comes into your mind when you hear ‘accountant’? Is it tax, number crunching, boring, geeky? To celebrate International Accounting Day we’re confronting the most common misconceptions about Accountants! Accountants love maths Lets get this straight, you don’t need to be good at maths to be an accountant. Actually, a lot […]

1st November 2019

Capital Gains Tax is Changing

More changes to Capital Gains Tax! To make sure you don’t fall into any pitfalls with the new changes and to plan ahead we’ve detailed below what you need to be aware of. How does it work currently? Currently any capital gains made by individuals are reported through your self-assessment. This means that if you […]

7th August 2019

JDH HAS GONE GREEN!

PLASTIC We need to use less plastic. Currently, the equivalent of one dumper truck of plastic every minute ends up in our oceans and this is set to increase to 2 every minute in the near future. It is also making it into the food chain. All of us can make an impact by using […]

23rd July 2019

Benefits of Bringing Paperwork in Early

THE EARLY BIRD CATCHES THE WORM It’s a common problem for accountants, that some clients don’t get their paperwork in on time – or at least sometimes, it can be last minute. This is not good for either the accountant or the client. Why? The accountant may be swamped with work at certain times of […]

27th May 2019

Tax deductible expenses for sole traders.

  It is often confusing about what you can claim for business purposes, so hopefully this list will aid you in the top tax deductible expenses. This list is only applicable to sole traders, not limited companies! If you work from home, you can claim for using part of your house as an office. The […]

18th May 2019

Setting up Holidays Scheme in Sage Payroll

Everybody looks forward to their holidays, and keeping track of them hasn’t got to be time consuming and a nightmare with Sage 50 Payroll. There are a variety of holiday settings that enable you to set up different holiday schemes, assign them to employees and much more. This will take the stress out of recording […]

18th April 2019

Payroll Year End – What to think about?

As an employer running payroll, you need to: Report to HM Revenue and Customs (HMRC) on the previous tax year (which ends on 5 April) and give your employees a ‘P60’. Prepare for the new tax year, which starts on April 6.   1. Send your Final Payroll Report You need to send your final […]