The Advantages of Staff Members Using Personal Vehicles

In today's dynamic business landscape, finding innovative ways to enhance productivity and employee satisfaction is paramount. At An Accounting Gem, we believe that embracing the use of personal vehicles by staff members can unlock a range of…

File your 2022/23 tax return now

Although the deadline for filing your 2022/23 Self-Assessment tax return online is not until 31st January 2024, there are benefits to filing early. Once you know how much you need to pay, you can put money aside to meet your tax bill. Key dates The…

National Dog Day on August 26th

Celebrating Our Furry Friends: National Dog Day on August 26th Get ready to mark your calendars and shower your furry companions with love and treats because National Dog Day is just around the corner! On August 26th, dog lovers all around…

Overlap relief - Claim it or lose it

Some self-employed profits may be taxed twice in the opening years of a business, or on a change of accounting date. Relief for these profits (overlap profits) is given in the form of overlap relief. However, time is running short to benefit…

International Cat Day - 8th August 

Celebrating Feline Charm and Whiskered Wonders: International Cat Day - 8th August  In a world where chaos often reigns supreme, there's one creature that effortlessly maintains an air of regal elegance…

Key dates in August 2023 - Deadlines

Taxpayers must undertake certain tasks, such as filing returns and paying tax, by certain dates. If these deadlines are missed, HMRC may charge late filing and late payment penalties. Interest is also charged on taxes paid late. Key dates The…

Check your State Pension Forecast

As retirement approaches, assessing your financial readiness for the golden years becomes increasingly important. One of the crucial components of your retirement income is the state pension. The state pension provides a foundation for your…

Home Responsibilities Protection (HRP)

Home Responsibilities Protection (HRP) reduced the number of years that a person in receipt of child benefit needed in order to qualify for a full state pension. Some people who were entitled to HRP may have it missing from their National Insurance…

New employees - taking on a new employee

When taking on a new employee you will need to obtain certain information from them in order to set them up on the payroll correctly and to determine the correct tax code to use. The procedure will depend on whether or not the new employee gives…

Upcoming deadlines - Key dates in July

Taxpayers must undertake certain tasks, such as filing returns and paying tax, by certain dates. If these deadlines are missed, HMRC may charge late filing and late payment penalties. Interest is also charged on tax paid late. Key dates Expenses…
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