News

What Is Self Assessment And Do I Need To Do It? Self-Assessment is a system HM Revenue and Customs (HMRC) uses to collect Income Tax. Tax is usually deducted automatically from wages, pensions and savings. Individuals who are self-employed must report it in an income...

When it comes to your company's tax liability there are several considerations you could make throughout the tax year which may result in significant reductions to your overall bill. Listed below are 10 of the top tips we would recommend to our clients...

Fake HMRC communications Criminals are increasingly using the ‘face’ of legitimate companies to trick unsuspecting individuals into revealing personal information. Recently, HMRC has been used to front many scams with fake correspondence appearing to have legitimately...

Making Tax Digital, HMRC’s 2019 flagship initiative, has been live for VAT registered businesses above the £85,000 threshold since April this year. But has the launch of this experimental and at times controversial policy delivered on it promises to make recording &...

On Saturday 29th June 2019, Alistair Hunt, Price Davis’ very own resident Xero guru and hiking enthusiast, will be taking on the Cotswold Way Challenge all in support of Mind - The Mental Health Charity. Mind are mental health advocates who “provide advice and support...

For any business to be successful, and profitable, it needs an efficient way of sending and tracking any invoices that it sends to its clients or customers. Xero makes it easy to track invoices and payments flowing in and out of your business, and can even be done...

Welcome to the second installment in our Xero ‘How To’ video blog series! In this latest episode, we look into the very basics of managing your list of contacts within Xero, including how to add new contacts, edit them, or archive the contact if no longer required. We...

With HMRC’s Making Tax Digital initiative now underway for VAT, and with all remaining taxable services soon to follow suit, every business will need to be on a digital platform sooner or later in order to record and file their tax returns – We thought we’d mention it...

New guidance has recently been released by HMRC regarding further details for the process of their flagship ‘Making Tax Digital’ initiative which is poised to be rolled out as of April this year. Making Tax Digital was first announced back in the 2015 budget in a bid...

The arrival of a brand New Year brings with it the prospect of a bright, prosperous one. There’s no better time to take stock, and redefine your businesses strategy and it’s goals.   Setting your strategy and goals is a vital part of making sure you achieve what you...