Five things you might not have known were tax deductible
If you are self-employed then you will know there are essential costs you will need to pay to keep your business running smoothly. However, every year hundreds of people are missing out on tax savings because they are unaware of allowable expenses that are tax deductible. What does tax deductible mean? Some costs for businesses […]
Bookkeeping FAQs – we answer your most commonly asked questions
Here at AMR Bookkeeping Solutions we’re committed to providing a tailored and personal service to all our clients. Whether you’re a sole trader or a larger company we want to ensure you are armed with all the tools and information you need to operate successfully for many years to come. In this blog, we’ve provided […]
Making Tax Digital (MTD) reminder and updates
First announced by HMRC in 2015, Making Tax Digital became a reality for hundreds of business owners when MTD for VAT was made compulsory on 1 April 2019 for VAT-registered businesses with a taxable turnover of more than £85,000. Nearly two years on and HMRC is now looking to move to the next phase of […]
Latest updates on COVID-19 support for businesses
With thousands of people in the UK being vaccinated against COVID-19 each day, many business owners across the country are hoping they can return to being fully open and operational again very soon. However, with the latest lockdown likely to last many more weeks with a gradual easing of restrictions staggered over the weeks that […]
Self-assessment tax returns – the countdown begins!
January is always an extremely busy month for anyone working in the bookkeeping or accountancy sectors. With the online self-assessment tax return deadline of 31 January looming, we are working overtime to help our clients get their books in order and ensure no one incurs penalties for late filing. However, while we are here to […]
Operating a business from home – what you need to know
With many businesses reassessing their requirements for office facilities since the pandemic started, and more companies providing flexible working arrangements for employees, operating a business from home has become a popular choice for many. If you have chosen to hang up the office keys and work from home instead, in this blog we explain what […]
How to successfully switch your bookkeeping system
Migrating years of existing data from your current bookkeeping software is a daunting task. While it might be tempting to continue with old and outdated software solutions, there is a variety of reasons for upgrading. With the government’s recent introduction of Making Tax Digital (MTD) and continued threats from cybercrime, having a suitable software system […]
Season's Greetings from everyone at AMR Bookkeeping
After a rather unexpected year, it’s quite difficult to sum up exactly how much of an impact the pandemic has had on all our daily lives. However, throughout the last 12 months we have watched in admiration as our clients have rapidly adapted to the circumstances around them and continued to run their businesses with […]
A focus on what to do when an employee chooses to opt out of auto-enrolment
Auto-enrolment changed the way employees can save for retirement, and with the state pension age rising to 66 for both men and women, being part of a workplace pension scheme is perhaps more important than ever. However, there are some who will wish to opt out, and when this happens, employers have certain responsibilities. Here […]
Get answers to FAQs about the extension to furlough and self-employed income support schemes
So far 2020 has been a year of continual change. Just as we seem to get our heads around one support programme, it changes, and with the government’s Job Retention Scheme and Self-Employment Income Support Scheme having been extended until 31 March 2021, you may have even more questions. Here we answer some of your […]
