How to use the new HMRC app for your tax returns
For small businesses navigating the Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) initiative, tax returns can be complex. (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.
How the King’s speech could affect your business finances
His Majesty the King's speech, at the state opening of Parliament, is a significant event for businesses and financial professionals who rely on Government regulation…
Continue readingPlanning for Inheritance Tax challenges as penalties surge in 2022/23 tax year
While Inheritance Tax (IHT) is a topic that many find uncomfortable to discuss, it is an unavoidable aspect of estate planning. (more…)
Continue readingEnsuring your small business is prepared for the future
In the ever-changing business landscape that we see today, merely reacting to events as they occur is not enough. (more…)
Continue readingPreparing your business for a merger or acquisition
Mergers and acquisitions (M&A) are often completed to gain market share, increase revenue, or expand business amongst many other things. (more…)
Continue readingR&D tax relief rates – Have your plans adapted to the recent changes?
The UK Government has long encouraged businesses to invest in R&D projects, believing it to be at the forefront of economic growth. (more…)
Continue readingEmployee expenses and benefits: How to submit a P11D form
Do not be stung when rewarding employees. Avoid penalties on employee benefits by correctly submitting P11D forms. (more…)
Continue readingHow can you prepare for the basis period reform?
We are currently in the transition period for the basis period reform, which is set to come into full effect from the 2024/25 tax year.…
Continue readingWhat salary should I take as a director of a limited company?
Being a director of a limited company means having the ability to pay yourself in a different manner to being a typical PAYE employee. (more…)
Continue readingIs your business ready for the new tax year?
Getting the tax year off to a good start will help you to optimise your overall financial position. But you need to plan ahead. (more…)
Continue reading