Our new service for Sole Traders. We have all asked the question “will periodic lockdowns become the new norm?” – No one knows, but just in case we have launched a brand-new service for Sole Traders. All you have to do is take a photo of your receipts and issue your sales invoices – that’s it! This blog update has been written … Read moreOur new service for Sole Traders
More information on the job retention scheme … Under the Coronavirus Job Retention Scheme, all UK employers with a PAYE scheme will be able to access support to continue paying part of their employees’ salary for those that would otherwise have been laid off during this crisis. This applies to employees who have been asked … Read moreMore Information On The Job Retention Scheme…
How to survive Lockdown. Being on ‘lockdown’ and staying away from others can be a lot harder and more challenging than we probably could have imagined. The majority of us come into contact with people many times a day, even if we aren’t ‘socialising’ we come into contact with strangers all the time. From a … Read moreHow to survive Lockdown.
We get by with a little help from our friends. This classic Beatles song has never rung more true. Right now we all need a little help from our friends. In the current circumstances it is time to work together and pull on whatever resources you can. We are always humbled by the help and … Read moreWe Get By With A Little Help From Our Friends
Here to Help You and Your Business TOGETHER On Friday the 21st of March the Chancellor set out a package of measures to support public services, people and businesses through the period of disruption caused by COVID-19. The package of measures to support businesses includes: The Coronavirus Job Retention Scheme Deferring VAT and Income Tax … Read moreHere to Help You and Your Business Together.
2019 2019 was another great year for 1 Accounts Online. We have streamlined our processes, brought in more team members and continue to provide a great service to our clients. With new advancements in technology such as open banking and MTD it is an exciting time to be a part of a rapid changing industry. … Read moreWhat happened in 2019?
Making Tax Digital – Are You Ready? July 2019 marks the period that you have to submit your VAT returns using HMRC’s new Making Tax Digital (MTD) regime. Already Accountants, VAT registered businesses and HMRC are struggling to cope. Take a look at Accounting Web’s report on how HMRC’s systems were already struggling in May … Read moreMaking Tax Digital – Are You Ready?
April Update With the start of a new tax year, lots of bank holidays and new starters 1 Accounts have well and truly stepped into spring! Start of the Tax Year The 6th of April marked the beginning of the next tax year. With this brought some changes to personal allowance, minimum wage, student loans … Read more1 Accounts April Update
Happy New Year The 6th of April marked the first day of the financial year. This brings a few changes to individuals and businesses. The Personal Allowance The personal allowance (the amount you can earn before paying Income Tax) has increased from £11850 to £12500. This will lead to a small reduction in tax. For … Read moreHappy New Year
1 Accounts March Update We have stepped into spring with March, the clocks have changed meaning lighter evenings leaving the office very cheery.Here are just a few of the things we got up to in March. Jade Went To Prision… … but unfortunately they let her out! Jade went to Highpoint Prision to see how … Read moreMarch Update