Tax might be inevitable, but it’s also pretty confusing at times. Find out how and when you need to pay tax in your business, what tax relief and allowances are available, and discover tips and advice to help you keep good financial records quickly and easily.
With the government in the process of Making Tax Digital, businesses are moving towards keeping finance records digitally. After several delays, the MTD for VAT scheme comes into full force from 1st April 2022. Previously the rules only applied to VAT registered businesses with a taxable turnover over the registration threshold. Under MTD, they are…
Your unique VAT number is shown on the registration certificate which HMRC issue when your business becomes VAT registered. Once you receive your VAT registration certificate, you (or your agent) can create an online VAT account. What does my VAT reference number look like? If you have a UK VAT number it will be 9…
There’s always lots to do and plan when you’re running a business, but taking care of your tax return shouldn’t be near the end of the list. That’s right – we said it – the Self Assessment deadline is never more than 12 months away, so getting your finances records ready will help. It’s a…
Everyone makes mistakes sometimes, it’s just one of those human quirks. But when it comes to accounting, those blunders can sometimes cause all sorts of bookkeeping peculiarities. If a business owner then makes important decisions based on incorrect financial information… well. Chaos. It’s why we at Pandle are so committed to developing bookkeeping processes…
Here at Pandle we’re on a mission to make bookkeeping as easy and error free as possible for all of our users. It’s just how we roll. We’re always listening out for user feedback to make sure we keep adding new features, and refining existing ones, to make things as straightforward as possible. We’ve recently…
