Bookkeeping and Accounting Services
Dorset and Hampshire
Directors charging rent for home usage
If your business is operated out of your house, you might want to explore formalising an agreement with your firm to rent a portion of your home to utilise for business purposes. The benefit is that the firm's corporation tax burden will be decreased due to...
Gift Aid donations reduce your tax bill – but don’t get caught out
The pandemic had a significant impact on the philanthropic sector. Many nonprofits saw a significant decline in income and donations. Many businesses struggled to keep up with the demand for their services. Some were even compelled to shut their doors. Given...
Self Assessment Your Guide to Tax Returns
As an accountant service based in Dorset, we spend a lot of time working with people filling out self-assessment tax returns. With a growing number of people choosing to become self-employed, the need to understand the tax return has been more prevalent. To make sure...
The 2022 Budget – Recapping the Important Details
So, Wednesday 23rd March 2022 was an important day because it was the official Budget speech given by Rishi Sunak. Suffice it to say, this was a pivotal moment, as it outlined what the government was doing to help people everywhere tackle the rising costs of living. ...
What finances to consider when you work from home
In March 2020, the nation heard the announcement “We need people to start working from home where they possibly can”. Since the number of people working from home has drastically increased. Business owners are recognising the advantages of allowing their employees to...
How to Create a Business and Personal Budget for The Year Ahead
With a new year comes a new start. What better way to start the year than to talk about the topic of budgeting for both personal and business use. Perhaps you want to save money for a holiday or avoid getting into debt. On the other hand, you may just simply want a...