News

Look out for letters from HMRC People beware!  HMRC are sending benchmarking letters that could catch you out. The HMRC analysts have come up with a series of net profit ratios and identified the most common mistakes made by small …

What are the differences? Many contractors are confused about their trading status, (are they self-employed or not?) so at A4C we decided to explain the differences, alongside the introduction of the new A4C Contractor Options Guide. Self-employed Contractors Someone who …

In 2014 the amount that a director could borrow from their company, tax-free DOUBLED! However, with this improvement came stricter rules to prevent tax avoidance tactics. The A4C Director’s Loan Account Guide explains the new rules and outlines how you …

Watching TV the other day and one of those annoying shampoo ads came on. You know, the ones where they get gorgeous girls to stand in front of the camera, hair blowing behind them? Well I always thought they used …

In a modern society it is important that we each pay our fair share of tax. The money we pay the government ensures that we live in civilisation, that our children are educated, our hospitals open and our streets clean …

Love it or hate it keeping financial records is a necessity if you’re a contractor or run your own business.  But you can learn to love it once you realise that the accounts you keep are the beating heart of …

Real Time Information (RTI) came into force in April 2013 and affects every employer in the country. This was the biggest change to the PAYE system in 70 years – so it is not surprising that there were a few …

If you regularly work from home then you may wish to claim for more than HMRC’s flat rate allowance to cover your household costs. Currently you can claim £18 per month (or £26 per month if working more than 101 …

  At a4c we LOVE accounting, we LOVE using Xero and today we LOVE Vicki Moore, and her team at About The Wrapper, for our yummy Valentine’s Day chocolate treats. If you hate having accounting worries and want to remove …