Accounting Tax News June 2024
Welcome to our latest tax update. We hope you find it useful. Feel free to contact us if you wish to discuss anything further.
top of page
Search
Anne Wordsworth
May 73 min read
10 Benefits To Knowing Your Numbers In Business
At Cube Accounting we always emphasise the importance of knowing your numbers.
Anne Wordsworth
Nov 28, 20231 min read
Seven Steps to Christmas Payment Success
Seven Steps to Christmas Payment Success. Give yourself the peace of mind of getting paid on time this Christmas. This year more than...
Anne Wordsworth, Cube Accounting
Sep 28, 20232 min read
Do I need to register with HMRC if I make money from my side hustle or hobby?
If you have a side hustle or hobby that earns you money, you may have to register with HMRC. Here are things we would suggest you need to...
Anne Wordsworth
Apr 19, 20232 min read
What is the most tax efficient way for a director to pay themselves?
Now we are entering the next financial year director’s need to review what is the most tax efficient amount to pay themselves. The...
Anne Wordsworth, Cube Accounting
Dec 7, 20221 min read
What Are The Tax Rules For My Christmas Party?
Tax Rules for Christmas Parties You will not have to pay tax and national insurance for your annual Christmas Party if you meet the...
Anne Wordsworth
Nov 9, 20222 min read
Things you need to know about MTD Income Tax
Making Tax Digital (MTD) is a government initiative which will require businesses to keep digital records and make submissions to HMRC...
Anne Wordsworth
May 29, 20222 min read
What Are The Tax Benefits and Costs For Electric Cars?
Tax Benefits & Costs on Electric Cars
Anne Wordsworth, Cube Accounting
Apr 25, 20222 min read
Why File Your Tax Return Early?
Tax returns are not usually something most of us think about filing as soon as we can at the end of the financial year. However, there...
Lucy Clayton, Cube Accounting
Mar 22, 20222 min read
Making Tax Digital for VAT
Have you heard about Making Tax Digital (MTD)? Are you currently using MTD compliant software? Do you need any help with knowing what...
Anne Wordsworth
Feb 8, 20222 min read
Most efficient director’s salary and dividends for 2022/23
The new tax rates and allowances for 2022/23 for English taxpayers are as follows: The tax-free personal allowance is £12,570 The basic...
Lucy Clayton, Cube Accounting
Sep 22, 20212 min read
Handy Tips To Save You Time With Xero – Top 10 Countdown
Here are our top ten Xero handy tips from the team at Cube Accounting. They are all very useful but number 1 is our winner, which is...
Anne Wordsworth
Jul 29, 20212 min read
Using Capital Expenditure To Reduce Your Tax Bill
Capital assets purchased by a business can be used in certain circumstances to reduce your tax liability. A Capital asset is an asset...
Anne Wordsworth
Jul 1, 20213 min read
Understanding Payment on Account
What is payment on account? Payment on account is a method of paying your tax bill operated by HMRC. The Payment on Account are tax...
Anne Wordsworth, Cube Accounting
Jun 16, 20212 min read
7 Steps For Improving Your Cash Flow
We often hear people saying 'cash is king' and 'cash is the lifeblood of the business' but how do you get more cash into the business and...
Lucy Clayton, Cube Accounting
Apr 1, 20212 min read
Making Tax Digital (MTD) Phase 2
When introduced in April 2019, MTD for Vat became the biggest tax change in the UK in a generation. This required all Vat registered...
Anne Wordsworth
Mar 18, 20213 min read
Can I Pay Dividends?
Paying dividends can be a complex matter and mistakes can easily happen. The result of making a mistake can result in action being taken...
Anne Wordsworth
Aug 17, 20202 min read
Finding The Accountant That’s Right For Your Business
There are many reasons why you would search for the right accountant such as starting up a new business and needing advice and support...
Anne Wordsworth
May 28, 20203 min read
Is It Time To Move To Cloud Accounting?
Whilst the world of business has slowed down it is now more important than ever to take a step back and give your accounting records an MOT!
Anne Wordsworth
Mar 30, 20203 min read
Changes to Capital Gains Tax
Capital Gains - changes to the disposal of residential properties from 6th April 2020. There are 2 changes which will apply from 6th April 2
bottom of page