FileTax 'N' Go

Accounting, bookkeeping and tax services for influencers, E-commerce and small businesses from £48 per month. Get started today 03330 147 123 https://lnkd.in/d4Dakwd #influencer #smallbusiness #ecommerce #onlinebusiness #taxtips

Are you a hobby seller? Feeling overwhelmed with your tax return? Let us handle the stress while you focus on what you do best! If you are affected by the new HMRC side hustle rules, we are here to help. https://lnkd.in/d4Dakwd #sidehustles #handmade #taxreturn #taxfiling #etsyseller #ebayseller #amazonseller #sidehustler

🎉🎄🌟 Happy Holidays from all of us at FTG Accountants! 🌟🎄🎉 As the year comes to a close, we want to extend our warmest wishes for a wonderful holiday season and a prosperous year ahead. 🎁✨ Thank you for your continued support and partnership. We look forward to serving you in the coming year. 🤝 #happynewyear #happyholidays #smallbusiness #merrychristmas #contentcreator

In this video, our co-founder David Masih will delve into the numerous benefits of voluntarily registering for VAT. #vat #vatregistration #smallbusiness #smallbusinessowner

HMRC is tightening regulations on side hustles, with new rules coming in January 2024 in the UK. You've got a couple of options: you can either become a limited company or operate as a self-employed individual. Feel free to reach out if you need any assistance. #sidehustle #sidehustles #sidehustlesuccess #sidehustler #selfemployed

Are you coffee shop or restaurant owner? If your answer is yes, this video is for you. #coffeeshop #coffeeshopowner #restaurantowners #cafes #retailbusiness

In this video, our co-founder David Masih will delve into three insightful ways to effectively save cash as a limited company owner. Join him as he shares valuable tips and strategies that can make a significant difference to your financial management. Don't miss out on this opportunity to gain a deeper understanding of how you can optimize your resources and maximize your savings potential. 💷 #limitedcompany #savings #businesstips #businesssuccess #businessowners

Today is Autumn Statement Day, and we have some breaking news regarding National Insurance! Jeremy Hunt has officially confirmed a reduction in the main employee National Insurance rate by 2%, decreasing it from 12% to 10%. What makes this announcement even more significant is that the change will be implemented through "urgent legislation" starting from January 6, 2024, instead of waiting until the new tax year as usual. Jeremy Hunt claims that this change will have a positive impact on 27 million employees in the UK, with an estimated annual saving of over £450 for individuals with an average salary of £35k. The question remains: is this change too little, too late? Stay tuned for our comprehensive round-up of the Autumn Statement coming soon! #autumnstatement #jeremyhunt #autumnstatement2023 #nationalinsurance #selfemployed

Off the back of other recent updates, FreeAgent has now gone live with its very own Smart Capture tool, giving it a competitive edge against other receipt extraction tools like Dext and Klippa. With the FreeAgent mobile app, you can simply snap a photo of an invoice or receipt, and let the Smart Capture tool do the rest. It will automatically extract the date and amount for you. If there's a corresponding bank transaction with a matching date and value, the tool will even attach the file to that transaction. And if no such transaction is found, don't worry! FreeAgent will keep checking every 24 hours for a whole week. In case you don't find a matching bank transaction, you have the option to convert the file into an out-of-pocket expense. Smart Capture will still extract the date and amount for you, and even suggest a cost category. Isn't that convenient? We can't wait to see how well this tool performs, but for all you current FreeAgent users out there, this feature is a game-changer. It'll save you loads of time on those pesky administrative tasks of capturing and storing company documents. Enjoy! #freeagent #gamechanger #smarttools #bookkeeping #receipts

Wondering if your business can claim a Christmas party as a business expense? The good news: the answer is yes... with some conditions. Here is what you need to know. 🥂 The party can’t cost more than £150 (including VAT) per person. The event must be held annually, for instance, a Christmas party or a summer party. The party should be open to all employees (with the majority being employees), whereas shareholders who are not employees or directors are not eligible for the exemption. For further information on business expenses, including eligible deductions and exclusions, please don't hesitate to reach out to us on 03330 147 123. #christmasparty #expenses #smallbusinessowner #taxtips #christmasdinner