It’s budget time again, people! And that can only mean one thing – it’s question time for our man Kenny. Ahead of next week’s 2016 budget, we spoke to the man himself to find out what predictions My Accountant Friend are making, and how they see rumoured changes having an effect on small businesses, freelancers and independent […]
This week’s blog comes from Jon Wilks, a My Accountant Friend customer and a content strategist who works with small businesses to make the most of their digital marketing. Jon runs a blog on content strategy, where he aims to help people understand how content can make a difference, while demystifying some of the industry jargon. […]
Oh, the wonders of freelancing! The freedom to work when, where and how you like (pyjamas, anyone?) is enough to turn any city slicker off the daily office grind. But for all the upsides to being your own boss, it can mean you find yourself wading through stacks of admin. The most basic of tax tips is […]
This week’s guest blog comes from Stefano Del Federico of The Private Investment Office. One of the biggest surprises from the emergency July 2015 summer budget was the change to the way in which dividends will be taxed from April 2016. Currently, all dividends came with a notional 10% tax credit. In essence, once a dividend […]
What’s the difference between a traditional accountancy firm and an online accountant? Nope, this isn’t a joke. It’s a genuine question that we get asked a lot here at My Accountant Friend. So we thought we’d chat to some of our customers and find out the difference having on-demand accountancy makes to their business lives. […]
The self-assessment deadline is nearly upon us, and many freelancers and independent contractors across the UK will be knee-high in receipts and paperwork this weekend, having left it all until the last minute (the taxman typically receives over half a million self-assessment forms on deadline day each year). Granted, it might have been better to get […]
Concerned about the entrepreneurs relief consultation and how it may affect you? We’ve been chatting to Kenny Fitzgerald of My Accountant Friend, getting answers to the simple questions: what is entrepreneurs relief, and why should we be worried? A coming consultation, set in motion by HMRC and George Osbourne’s treasury, has prompted some concern amongst […]
Not a football fan? Then you might’ve missed the recent defeat of Glasgow Rangers Football Club by the Edinburgh Court of Session. Nope, not a charity friendly – it’s the result of a long-running dispute about the club’s messy finances, mostly focusing on its use of Employee Benefit Trusts (EBTs). It’s worth keeping up with the […]
Last week’s Autumn Statement has been hotly debated in the press already. Read on to find how how it will affect MAF customers like yourself. The big questions Many people will have been concerned about rumoured changes to the taxation of dividends, commencing in April 2016. The big news here is that the autumn statement made […]