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If you traded in the UK either as a self-employed individual, in a partnership or own a small business at any point between 6 April 2014 and 5 April 2015, you may need to complete a self assessment. If one is due, it is not too late to get your papers in order for the … Continue reading
From the tax year 2013-2014 (ie 6 April 2013 to 5 April 2014), small businesses can take advantage of the two income tax schemes introduced by the HMRC to make tax returns easier. These schemes are known as Cash Basis and Simplified Expenses. The Cash Basis allows you to align your accounts with when money … Continue reading
Phoenix Debola 