Laptop being closed

What you need to do for Making Tax Digital (MTD)

HMRC is changing the way you submit your VAT Returns. From April 2019, most VAT registered businesses with a turnover above £85,000 must keep their VAT records digitally and use Making Tax Digital compatible software to submit their VAT Returns. Instead of waiting until then, you can get compatible software now and try this new […]

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Metro Bank Borehamwood branch

Why you need a Metro Bank Business Account

With Metro Bank being one of the fastest growing banks in the UK, we have pleasure in announcing preferential rates for any of our clients. Metro Bank can provide free banking for the first 12 months and if you keep as little as £2,000 balance in the account, they will continue the free banking period. […]

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Christmas allowances in 2018

With Summer officially over and the cold days/dark nights creeping in, it can only mean one thing. Time for a Christmas Party!! Christmas parties come with all kinds of benefits, rewarding staff, building morale and finding yourself with another in the stationery cupboard, but did you know that HRMC provides exemptions from tax and NI […]

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October Budget 2018 for contractors and SME’s alike

The Budget, what it really means It’s hard to follow the budget with full attention…let’s be honest, it resembles a late night brawl in a pub at points with all the incoherent moaning and heckling but here’s the most important things we think you should know about. IR35 We’ve been waiting with bated breath to […]

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IFA for contractors and small business owners

Hi my name is Alan Cripps. I’m a Independent Financial Advisor with 35 Years experience, living in Abbots Langley with my wife and 2 children.  Branching out on my own 6 years ago to become a fully Independent Financial Advisor meaning I’m able to use the whole of the Financial Markets to review and make recommendations for […]

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Freelancer using laptop

Making Tax Digital (MTD): In simple terms

In 2009, My Accountant Friend opened it’s doors to Making Tax Digital (MTD) for all their clients. For the majority of the accountants, way back when, online accounting was seen as insecure and sticking to spreadsheets was the safe, boring option.  How we laugh now! HMRC are making tax digital for all individuals and businesses […]

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Accountants near Milton Keynes Central Railway Station

Accountants in Milton Keynes for Startups

Milton Keynes is thriving with new start up businesses an here at MAF it is music to our ears. Our main man Kenny Fitzgerald ACCA has designed an accountancy package aimed to enhance your business, not only with tax saving tips but also introducing your business to his network of businesses in the Milton Keynes […]

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Visual metaphor (bolted door) representing closing a company

Questions from the self-employed: How do I close my company?

It’s not the most positive article we’ve ever had to write, but we’re all about helpfulness here at My Accountant Friend. One of the questions many self-employed people find they may have to consider is “How do I close my company?” As HMRC are inevitably going to have to be involved, it’s not as straightforward […]

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Contractors, freelancers, startups: what do you need from an accountant?

Our last few blog posts have featured interviews with CEOs and founders of startups (see our category ‘In Good Company‘), and it occurred to us that, as a blog attached to an online accountants (My Accountant Friend), it might be a nice idea to look into what it is that makes our working relationship with […]

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Enterprise Initiative Scheme (EIS): ideas, suggestions, hints and tips

The Enterprise Initiative Scheme (EIS) is a government initiative offering some of the most attractive UK tax breaks available. We’re big fans of this scheme, here at My Accountant Friend, so we thought we’d put together this page (to be regularly updated) helping our readers to better understand EIS, and point out some of the more interesting […]

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