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insight, guides and tips on how to make the most of your finances
Budget 2020 Predictions
Exactly in a month’s time Chancellor of the Exchequer will present his first Budget to the Parliament. Below are my top 10 predictions for Budget 2020. Off-payroll/IR35 Implementation for the private sector - more likely to go ahead (I sincerely hope I am wrong and...
Challenger Bank Vs Traditional Banks: Which is better?
The business bank account is a place where businesses store, receive and spend money. It is an important aspect of the business as it will be used on a daily basis – so a bank that requires minimal management is essential, as you got to focus on running your business....
FIND YOUR INNER PEACE BY FILLING YOUR TAX RETURN EARLY!
We are two months into New financial year and best you finalise the Tax affairs of the previous Financial year soon. If your self-assessment is not submitted and tax is not paid on time, you will receive automatic £100 penalty from HMRC. Act now to ensure your Self -...
HMRC SECOND PAYMENT ON ACCOUNT: DUE ON 31ST JULY 2019
This is a quick update about the 'HMRC Payment on Account' on your Self Assesment return. Please ignore this email, if you started your company on or after 6th April 2018; or if your Personal Self Assesment tax bill for Financial Year 2017/18 is less than £1000 If...
New Tax thresholds and Tax rates you need to be aware of for this Financial Year (2019/20)
Financial year for 2019/20 began on 6th April 2019. Here is a quick refresher of changes you need to be aware of. Personal Allowance Personal allowance (the annual amount you can earn before paying tax) for this financial year - rises from £11,850 to £12,500. If your...
10th Year Anniversary
WIS Accountancy celebrates it’s 10th year anniversary this year. Started by three friends as a part time venture, WIS grew mainly due to our client support and our dedicated staff. To mark this milestone, we decided to help those who are underprivileged. We organised...
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