by Sian Smith | Jul 12, 2023 | Accounting, Tax
Is your personal tax return giving you a headache? The BAS Associates team are here to simplify the personal tax return process and provide expert solutions for hassle-free filing. Our team of experienced professionals understands the complexities of tax laws and...
by Sian Smith | Jul 5, 2023 | Accounting, Business Advice, Tax
The Seed Enterprise Investment Scheme – or SEIS for short – is a tax investment scheme that can help founders raise funds and investors support startups. Introduced in 2012 to complement the EIS (Enterprise Investment Scheme), it incentivises investors to fund...
by Sian Smith | Apr 11, 2023 | Accounting, Admin
Which accounting software is best for a small business? Having oversight of your business finances is essential for small business owners. Depending on how long you have been running your business, setting up the right accounting software for your small business could...
by Sian Smith | Mar 28, 2023 | Accounting, Tax, Uncategorised
In a bid to encourage businesses to start investing in their productivity after the pandemic, a super deduction tax was announced as part of the 2021 budget update. The super-deduction saw businesses benefit by: First-year relief of 130% on qualifying main rate plant...
by Sian Smith | Mar 20, 2023 | Accounting, Business Advice
The Spring Budget 2023 The Chancellor, Jeremy Hunt, delivered his first Spring Budget on 15 March 2023. In comparison to the fallout from Kwarteng’s economy-crashing mini budget, the Spring Budget was a fairly calm update. With few headline announcements for the...
by Sian Smith | Feb 27, 2023 | Accounting, VAT
HMRC makes changes to the way it applies VAT penalties HMRC has written to 2.5 million businesses to update them on the new points-based penalties for late VAT returns. VAT Penalty changes are on their way. Why have HMRC changed their VAT penalty system? HMRC have...
