Peterborough Accountants Blog

Checkout our top tips below to see if you could be saving tax. 1. Tax Relief on pensions By the end of the tax year you can max up your contributions to your pension, to benefit from a generous amount of tax relief and also gain benefit from the tax efficient treatment of pension funds. [...]

Telstra have found some interesting findings from there latest survey, with the results showing that the majority of small business owners will be working during the Christmas and new year period. Results showed that 55% of small business owners and operators in Australia will be working at some point during the festive period, while most [...]

In 2013 new rules set out by the FSA (Financial Services Authority) will by implemented to stop a resurgence in risky mortgage lending. The revised proposals by the regulator will use a ruling through “common sense” to put a halt on any property buyers borrowing more than they are able to afford. The lenders are [...]

Stonehouse Accountants Peterborough “ONE OF THE BEST FAMILY RUN ACCOUNTANCY FIRMS FOR YOUR FAMILY RUN SELF EMPLOYED BUSINESS AND LIMITED COMPANY!” Stonehouse Accountants in Peterborough is a well established husband and wife partnership accountancy practice helping small to medium size business clients grow and prosper in Peterborough and further afield for the past thirty years. [...]

UK taxpayers will find it harder to ‘hide’ money from the tax collector in Swiss accounts, an industry body has said, following a deal made with the Swiss authorities. Money held by UK taxpayers in Swiss band accounts will be taxed for the first time following further details being released, and concerns that it offered [...]

Stonehouse Accountants Peterborough SPECIALISE IN SAVING YOU TAX, whether it be your CIS subcontractor sole trader business, small self employed business, limited company, or rented property investment! “Does your firm ‘specialise’ in dealing with my type of business and do you have many other clients in the same line of business as me?” Is a [...]

Thomas Cook parting with second senior figure Thomas Cook is parting with Ian Derbyshire, head of UK retail division, after only recently parting ways with former chief executive, Manny Fontenla-Novoa. The Peterborough based travel company,  reported to be in trouble, said that Ian Derbyshire left to take over the family’s business. The company’s former Chief [...]

There has been a rise in self-employment during the last year. The latest figures show that more than 35,000 people registered as self-employed during the time, overall lifting the total of UK residents working for themselves to just short of 4million. The reasoning for this is fairly simple. With an increase in redundancies, a lack [...]

The benefit of a limited company means you keep your business separate from your personal affairs. A limited company can appear more professional and can help to build credibility with other businesses. However there are rules that need to be obliged by and paperwork to complete. A limited company must have at least one director [...]

A partnership is a simple and fairly flexible way to run a business, when there are two or more people involved together. Any debts in the partnership are spread equally and those involved are jointly liable with the responsibility to pay the debt off. The first rule for going into a partnership is therefore to [...]