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Blog

Archive for June, 2015

Cloud accountancy is on the rise.

Since its first roots in 2005 cloud accounting has really taken off, with key companies like Xero, Clearbooks, Sage and Quickbooks all offering online services that can make the life of small business owners considerably easier. Xero in particular has been lauded as it recently achieved 500,000 clients. Michael Wood of Receipt Bank, in his[...] Read more »

HMRC self assessment late returns fines amnesty

If you are one of the nearly 900,000 individuals who sent in their self-assessment tax return after the January 31st 2015 deadline, you may have had a lucky escape from the £100 fine. A report in the Telegraph newspaper says that tax officials at HMRC have been instructed not to make any checks on appeals[...] Read more »