How your business can benefit from using Management Accounts
Management Accounts consist of regularly updated reports for both internal managers and external stakeholders or investors. (more…)
Continue readingWelcome to the Orchard Accountants blog. This is our hub of information where we will detail company developments as well as provide news and insight into the ever-changing world of finances and accounting. If you read something which strikes to your interest, and you’d like to learn more about a particular topic or service we provide, don’t hesitate to get in touch with us today.
HMRC has clarified tax rules on commuting for hybrid and remote workers
In a recent statement, HM Revenue & Customs (HMRC) has clarified travel from an employee’s home to their base office under a hybrid working arrangement…
Continue readingAhead of the 6 July deadline, remember that P11D rules are changing
If you choose to offer certain benefits to your employees, then you may incur additional Class 1 National Insurance (NI) liabilities which must be reported…
Continue readingWhy are business plans so important?
Many believe that business plans are only necessary for start-ups and new enterprises. (more…)
Continue readingMaking MTD for ITSA easier for landlords
Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) represents a significant shift in how individuals, including landlords, must report their income and manage their…
Continue readingReviewing your payroll? Check what’s changed
With the new tax year underway, it’s time to review your payroll to ensure that it reflects the latest changes and updates to legislation around…
Continue readingWhat are the benefits of using the HMRC app?
The HM Revenue & Customs (HMRC) app was launched in 2023 and has quickly become a key tool for many, with over 80 million interactions.…
Continue readingDue a tax rebate? Keep an eye on your account
In a new initiative designed to reduce paper use and unnecessary confusion, HM Revenue & Customs (HMRC) has announced a significant change to the way…
Continue readingLooking for a business loan? Here’s what you need to know
For many business owners, taking out a business loan can be a great option for securing extra funds. (more…)
Continue readingPlan a little, achieve a lot – Destress with effective tax planning
April marks both the start of the 2024/25 tax year and Stress Awareness Month – a coincidence not lost on those of you who are…
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