Tagged as tax

Working From Home

Published 21st August 2020

Thousands of employees are now being required to work from home due to Covid-19.

But are they all claiming the tax back on the extra costs that are being incurred?
We outline exactly what you can claim and how to claim in this week’s blog.

Posted in Accountancy, News, Taxation | Also tagged , , , ,

Deferring VAT and Income Tax

Published 26th March 2020

On 20 March 2020, the UK Chancellor of the Exchequer announced a package of COVID-19 measures. The measures on tax include […]

Posted in Accountancy, Commercial, Coronavirus, Financing, Income Tax, Taxation | Also tagged ,

HMRC’s Let Property Campaign

Published 16th August 2019

HMRC’s Let Property Campaign is targeting landlords who may have unpaid tax. This would be as a result of failing to declare income from letting out residential property. The scheme is open to those that have multiple properties, single rentals, student rentals, or holiday lettings.

Posted in Accountancy, Landlords, News, Taxation | Also tagged , , , , ,

Marriage Tax Allowance

Published 24th April 2019

Are you married or in a civil partnership? If so you may be entitled to a £900 tax break called the marriage tax allowance. Yet about one million couples are still missing out.
Read on to find out more about what this new tax is, who qualifies for it and details of how to claim.

Posted in Accountancy, News, Taxation | Also tagged , , , , , ,

How To Spot And Avoid HMRC Phishing Scams

Published 21st March 2019

As HMRC moves more of its services online, fraudsters are exploiting this transition by targeting taxpayers with fake emails. With an increasing number of phishing scams, HMRC has released updated guidance on how to recognise genuine contact from its agents.

Posted in News, Taxation | Also tagged , , , , ,

Final Countdown Towards Making Tax Digital

Published 25th January 2019

The steps you need to take to get ready for April 2019 will depend on what software you use currently. Many businesses will already be using accounting software that has been tested and approved by HMRC, in which case the steps needed for April 2019 will be minimal.

Posted in Accountancy, Cloud software, Making Tax Digital, News, QuickBooks Online, Reckon One, Xero | Also tagged , , , , , ,

Time To Revamp Or Upgrade Your Website?

Published 23rd October 2018

We offer the usual accountancy services that you might expect, like helping you with your bookkeeping, VAT and tax returns. But so does every accountant. At Simas one of our main areas of focus is to help our clients grow and this shines through in the way we work with you.

Posted in Marketing, Websites | Also tagged , , , , , , , , , ,

Making Tax Digital – The Journey Continues

Published 15th October 2018

As advances in technology are harnessed by software developers, the future of accountancy will be less about Making Tax Digital and more about accountants acting as consultants through advising their clients about their business activities in real-time.

Posted in Accountancy, BreatheHR, Cloud software, Exact, FreeAgent, Income Tax, KashFlow, Making Tax Digital, News, QuickBooks Online, Reckon One, Reviso, Taxation, Xero | Also tagged , , , , , , , , , , ,

Making Tax Digital – What You Need To Know

Published 31st July 2018

Essentially, MTD is about helping businesses to spend less time working on their finances whilst simultaneously ensuring that your finances are more accurate and up to date. Read our blog to discover the four main benefits of MTD, and what it means for your business.

Posted in Accountancy, BreatheHR, Cloud software, Exact, FreeAgent, Increase profits, KashFlow, Making Tax Digital, Marketing, News, QuickBooks Online, Reckon One, Reviso, Saving money, Taxation, Xero | Also tagged , , , , , ,