Your Questions Answered by TaxAssist Accountants
How do I know how much I am owed by my customers?
I run a small business but struggle to keep on top of what my customers owe me, is there a way I can easily keep track of my debtors? […]
Switch Trick
Having more money in your pocket each month comes down to either earning more or spending less. We’ll leave the earning potential to you; but as far as spending less goes (and imagining replacing favourite meals with packet pastas probably isn’t a desired route), exploring easy tricks to save on household bills could rapidly see you quids in. […]
Free School Meals – And Other Help With School Costs
A particular concern at the height of the lockdown when schools were closed was food poverty amongst school children unable to access Free School Meals (FSMs) at school. As a result of Government action FSMs were extended into school holidays and other food help was provided. […]
Loan Sharks – How To Spot Them And How To Report Them
A major concern when the ‘the cost of living’ increases beyond household incomes is the emergence of illegal lending – commonly known as ‘loan sharks’.
The England Illegal Money Lending Team have designated the week beginning 29th November as National ‘Stop Loan Sharks’ Week in an effort to raise awareness of this potential problem.
Below are some tips on how to spot, stop and report ‘loan shark’ activity. […]
Your Questions Answered by TaxAssist Accountants
Do I need to register for Making Tax Digital for my VAT?
I am now registering for VAT as my turnover has exceeded the threshold, do I need to be registered for Making Tax Digital as well? […]
Getting Help With Health Costs – The NHS Low Income Scheme
As budgets are squeezed it is important to know what help is out there for those on a low income. In this issue we are looking at the NHS’s Low Income Scheme; a scheme for helping low income households with NHS costs like prescription charges, dental charges, eye test costs and the costs of travelling to receive NHS treatment. […]
Avoiding Financial Quicksand At Christmas – Understanding ‘Nudge’ And ‘Sludge’ Tactics
The pre-Christmas period is a dangerous one for those on low incomes. Everyone likes spending money but can you afford it? Retailers, especially online, are devising increasingly clever ‘nudge’ and ‘sludge’ tactics to keep you spending. […]
Playing House
Examining mortgage and housing market trends for the coming year
As far as property goes, and specifically renting and buying, all bets have been off for quite some time.
Covid, and more importantly, Covid uncertainty, has left renters and buyers in a state of flux, while job uncertainty has led to mortgage lenders adopting very much a ‘safety first’ approach. […]
Protecting Yourself From Identity Theft
In the last issue we spoke in detail about the threat of scammers and how to combat them. In this issue we look at the related threat of identity theft and how to protect yourself from it. […]
Your Questions Answered by TaxAssist Accountants
Choosing to be a Limited Company or Sole Trader as a Contractor
As a CIS contractor on top of the normal issues surrounding whether to be a limited company or a sole trader, are there any CIS specific issues to be aware of? […]
