TaxAssist Accountants

Are you a high-income earner seeking to optimise your tax savings? Discover practical strategies designed to help you manage your finances effectively while retaining more of your hard-earned income. Ready to elevate your financial strategy? Learn more here: https://www.taxassist.co.uk/dunfermline/resources/questions-and-answers/what-can-high-earners-do-to-save-tax

Chancellor Rachel Reeves has unveiled her first Autumn Budget to Parliament, focusing on significant tax reforms and economic strategies designed to support both businesses and individuals. The key highlights of the Budget include updates to employers' National Insurance Contributions, changes to Capital Gains Tax, and Inheritance Tax. This summary provides a concise look at these essential updates and their potential impact on the economy -
https://www.taxassist.co.uk/dunfermline/resources/articles/autumn-budget-2024-summary-and-highlights

Tomorrow, the Labour Party reveals its Autumn Budget, and we're here to simplify it for you. Keep an eye out for our summary, which will break down the key points and provide clear insights into how these changes might affect you.
https://www.taxassist.co.uk/dunfermline/resources/articles/autumn-budget-2024-summary-and-highlights

Do you work in the construction industry?🔨 Understanding the Construction Industry Scheme (CIS) is crucial for managing your tax obligations effectively. Discover everything you need to know about CIS for contractors and ensure compliance while optimising your business operations. Read more here: https://www.taxassist.co.uk/dunfermline/resources/articles/the-construction-industry-scheme-cis-what-you-need-to-know

Today’s TaxAssist Accountants Glossary pick is...Retained Earnings 💷

Ready to boost your business this festive season? Discover essential strategies to prepare for a successful Christmas rush! 🎁 From effective marketing tips to financial planning, ensure your business thrives this season -
https://www.taxassist.co.uk/dunfermline/resources/articles/how-to-prepare-your-business-for-christmas

Labour is set to deliver its first Budget since 2010, and speculation is growing about what will be announced by Chancellor Rachel Reeves on 30th October. Before you make any business or financial decisions, we look at what has already been confirmed and what other potential tax changes could be included in the Autumn Budget. Read our break down here:
https://www.taxassist.co.uk/dunfermline/resources/news/what-to-expect-from-the-autumn-budget-2024

Are you an online seller looking to navigate the world of taxes? 🧾 Discover essential tips and obligations to keep your business running smoothly. Check out our guide to stay compliant and confident!
https://www.taxassist.co.uk/dunfermline/resources/articles/tax-obligations-for-online-sellers

Check out these 8 innovative ways to fund your entrepreneurial dreams! From crowdfunding to angel investors, discover the best strategies to fuel your success. - https://www.taxassist.co.uk/dunfermline/resources/articles/eight-ways-to-fund-your-small-business

Looking to save on company taxes? 🏢 Check out the latest tips and strategies to maximise your savings and reinvest in your business. Visit our website to learn more - https://www.taxassist.co.uk/dunfermline/resources/articles/companies-tax-saving-opportunities

Transparency Alert! Large businesses may be required to include payment reporting in their annual reports. Read more here - https://www.taxassist.co.uk/dunfermline/resources/news/large-businesses-told-to-include-payment-reporting-in-their-annual-reports

Don't let time slip away! Remember, the deadline is fast approaching for paper tax returns, so make sure to file yours before it's too late! For expert advice and support, check out our handy guide -
https://www.taxassist.co.uk/dunfermline/resources/questions-and-answers/when-is-the-tax-return-deadline

Finding the perfect bookkeeper can feel like a daunting task, but it doesn't have to be! Check out our guide for tips on how to find the right local bookkeeper to keep your finances in order.
https://www.taxassist.co.uk/dunfermline/resources/articles/how-to-find-the-right-local-bookkeeper

Happy Buy British Day! Today, we celebrate the incredible products and craftsmanship of our local artisans and businesses. Let’s support our community, boost our economy, and treasure the quality and creativity that comes from right here in Britain.

Discover the top challenges faced by business owners and expert tips to overcome them! Take your business to the next level with these insightful strategies. https://www.taxassist.co.uk/dunfermline/resources/articles/top-challenges-for-business-owners-and-tips-to-help-overcome-them

Be in with a chance to win a £500 Virgin Experience of your choice! Do you know a friend or business who needs a professional accountant? If you refer a friend to TaxAssist Accountants, you and your friend will both get a chance to win! Available for a very limited time only, click the link for details:
https://taxassistaccountants.referralrock.com/v2/2/passwordlessaccess

Be in with a chance to win a £500 Virgin Experience of your choice! Do you know a friend or business who needs a professional accountant? If you refer a friend to TaxAssist Accountants, you and your friend will both get a chance to win! Available for a limited time only, click the link for details- https://taxassistaccountants.referralrock.com/v2/2/passwordlessaccess

Big thanks to Brian for the amazing review! We're thrilled to hear you had a great experience!

Business owners - are you making these common accounting mistakes? From misclassifying expenses to overlooking tax deadlines, staying on top of your finances is crucial! Check out the top five accounting errors and learn how to avoid them -
https://www.taxassist.co.uk/dunfermline/resources/articles/the-top-five-accounting-errors-small-businesses-make

Today’s TaxAssist Accountants Glossary pick is...National Insurance 📚

Today’s TaxAssist Glossary pick is...National Insurance 📚

The future of tax is digital 💻 Check out our essential guide on Making Tax Digital for Landlords and stay ahead of the game. - https://www.taxassist.co.uk/dunfermline/resources/articles/making-tax-digital-for-landlords

Our latest YouTube video on '5 Accounting Mistakes Businesses Make' is now live! Click the link to watch it now - https://youtu.be/ftjeGxshJuU

5 Common Accounting Mistakes Businesses Make & How to Avoid Them If you're a business owner handling your own accounting, you might be making errors that could affect your business's financial health. In this video, we’ll ...

Wondering if brand deals and receiving free products and services in lieu of income are taxable? 💡 Check out our article to get the answers you need. - https://www.taxassist.co.uk/dunfermline/resources/questions-and-answers/are-payments-in-kind-taxable

Knowing key tax dates is crucial for every employer💡 Check out these essential dates to keep your business on track!

Thinking about selling your business? Business Asset Disposal Relief (BADR) could significantly reduce your tax bill. 💼 But with the Autumn Budget around the corner, will these rules change?

Thinking about starting a business partnership? Our article breaks down the keys to success - learn how to communicate effectively, set clear goals, and foster a strong, collaborative relationship.

Thinking about selling your business? Business Asset Disposal Relief (BADR) could significantly reduce your tax bill. 💼 But with the Autumn Budget around the corner, will the rules change? -
https://www.taxassist.co.uk/dunfermline/resources/articles/what-is-business-asset-disposal-relief

Stay ahead of the game! 🔍 Check out these key dates every employer needs to know to keep your business compliant and your staff happy. Don't miss a deadline! https://www.taxassist.co.uk/dunfermline/resources/articles/key-dates-all-employers-need-to-know

Chancellor Rachel Reeves is set to unveil her Autumn Budget on 30th October. We will produce a newsletter explaining the Government's changes that could affect you and your business.

Thinking about starting a business partnership? 🤝 Discover key insights about how to run a successful and effective partnership in our article - https://www.taxassist.co.uk/dunfermline/resources/articles/how-to-run-a-successful-and-effective-business-partnership

Starting a new business? 🚀 Whether you're launching your dream start-up or just brainstorming ideas, having the right accountant can make all the difference.

Chancellor Rachel Reeves is set to unveil her Autumn Budget on 30th October. We will produce a newsletter explaining the Government's changes that could affect you and your business. Stay tuned by signing up and receive our jargon-free summary directly in your inbox.
https://www.taxassist.co.uk/dunfermline/register/budget-reports

Reminder! 🚨 Don't forget to register for Self-Assessment before the 5th October deadline! Avoid the last-minute rush and get it done now.

Check out our latest YouTube video all about Directors' Loan Accounts! 💼 Click below to watch now!

Understanding Director's Loan Accounts: Essential Guide for Business Owners If you're a business owner looking to grasp the intricacies of Directors Loan Accounts, you're in the right place!In this video, we dive into what a Director...

Friendly Reminder! Ensure you register for Self-Assessment by the 5th of October deadline! Head to https://www.gov.uk/register-for-self-assessment to register and beat the last-minute rush by completing it now.

On this International Day of Charity, we are proudly supporting Dementia UK. We are dedicated to helping Dementia UK raise awareness and funds so they can grow the number of specialist dementia nurses, known as Admiral Nurses, and support more families living with dementia. You can join us in helping to support their life-changing work by donating here - https://www.justgiving.com/campaign/taxassist-and-dementiauk 💙

Self-employed in the creative field? Check out our essential tax tips to make sure your finances are as inspired as your art!

Are you sure you're paying the right crypto tax? Stay on top of your crypto and ensure compliance with the latest regulations. Check out our article to keep your investments safe and sound. https://www.taxassist.co.uk/resources/news/are-you-paying-the-right-crypto-tax?utm_source=facebook&utm_medium=link&utm_campaign=national_facebook_september24

Curious about capital gains tax? 📈 Find out when you may have a CGT liability so you can make informed financial decisions.