Why is Bookkeeping Important for a Small Business? Bookkeeping is essential for a small business as it helps: Monitor financial health and make informed decisions, including cash flow. Comply with tax regulations and avoid penalties. Track expenses and revenues, enabling identification of areas for improvement. Enhance credibility with lenders, investors and customers. Advantages of […]
Author Archives: Veska Zhelezova
23
Jun
Jun
Colin Murray – Embracing the Next Chapter! After 11 years of service to Moorgate and many more to the wider tax and accounting community, it is with heartfelt appreciation and thanks that we wave off Colin, to start the exciting next chapter in his life. With a remarkable career spanning 54 years, Colin’s exceptional professionalism, […]
12
Jun
Jun
Join Our Team Administration Manager We have a rare and exciting opportunity to join the Moorgate team, based in our Oxted office. We’re recruiting a full time Administration Manager with supervisory experience and an accountancy practice background. You will be positive and pro-active with a team-oriented approach. Excellent IT and communication skills are essential to […]
06
Jun
Jun
Why Should I File My Self-Assessment Tax Return Early? You don’t have to wait until January to file your Self Assessment tax return – as soon as the tax year ends, you can submit your tax return at a time that suits you. Did you know that more than 77,500 customers submitted their 2022/23 tax […]
30
May
May
Alternative to Intuit QuickBooks Desktop In October 2021, Intuit QuickBooks announced it was discontinuing QuickBooks Desktop support and updates for its UK customers, citing compliance changes and a shift in UK product development focus. The move echoes a wider shift in the accounting software industry, as established desktop vendors seek to establish and support one […]
13
Feb
Feb
Payroll is the process by which a business pays it employees. It covers keeping records of payments, paying taxes to HMRC on behalf of the employees and distributing money.
Moorgate update, Self Assessment, Tax advice
I’ve Missed the Self-Assessment Tax Return Deadline – What Can I Do?
08
Feb
Feb
If you have missed the filing deadline for self assessment tax, call our team at Moorgate for help and advise.
06
Feb
Feb
How Do I Claim Tax Relief on Expenses I Incur for My Job? You might be able to claim tax relief if• you use your own money for things that you must buy for your job • you only use these things for your work You cannot claim tax relief if your employer either gives […]
26
Jan
Jan
Tax Returns for Overseas Income If you’re living or working abroad, you may still have to pay UK tax on some or all of your income. It all depends on where the money’s coming from and what your tax residence status is. This is a very complex area of tax regulation, and the rules that […]