Specialist Xero Accountants in London

Xero is a cloud-based accounting software platform for small and medium-sized businesses and has different products that are also based on the software of service. Xero has plenty of functions, but the key features of this accounting software expense claims, purchase...

SELF-ASSESSMENT PENALTIES

Based on recent years HMRC will potentially issue at least 1 million late filing penalties.  It is important to be ahead of the game in terms of advising clients who have failed to meet the filing obligation and to be able to address disputes with HMRC. Finance Act...
Creating an Office at Home

Creating an Office at Home

Many company owners work from home, this note looks at how you may obtain tax relief on the cost of converting the spare room, or building a deluxe summerhouse to serve as an office in the garden. A director can reclaim any expenses incurred when working from...
Allocation of partnership profits

Allocation of partnership profits

Partnership income is computed for the whole partnership by reference to the various sources of income for each accounting period. However, the legislation also says that for each tax year in which a firm carries on a trade, each partner’s share of the...