Tax Year End 2022 As we approach the tax year end, now is a good time to consider using up any unused annual allowances before you lose them. ISA allowance The annual allowance is £20,000 and once we reach the 5th April, this year’s allowance will be gone. There is no provision to use up […]
Making Tax Digital (“MTD”) for Income Tax Self Assessment (“MTD ITSA”) will be introduced from 6th April 2024. That might seem like a long time away but it will soon be upon us and early preparation will make it a smooth transition. Who will be affected?All sole traders, partnerships and residential landlords (including those with […]
An April Tax Deadline you may not know about! From April 2022, all VAT-registered businesses will need to comply with this HMRC system! HMRC is introducing Making Tax Digital gradually. Making Tax Digital for VAT started from 1 April 2019, affecting VAT-registered businesses with a taxable turnover above the VAT threshold of £85,000. Next all […]
As brilliant accountants and wonderful humans, we have decided to create a jargon-free, A-Z List of Accounting Terms UK. We hope it helps you, and even better, if you can’t see an Accounting Term on here, pop us an email so we can help expand our list! Bookmark our page for future reference! A Accountancy- […]
At Parker Whitwood, Accountants in Manchester, we provide professional accounting and financial services that help businesses grow. Since 2017, we’ve been offering bookkeeping, payroll, tax returns preparation, VAT returns, and other accounting services to small and medium-sized businesses across Manchester and the wider UK. We are focused on reducing our client’s workload, helping them make […]
Who are we?We are Parker Whitwood Limited, an accountancy and financial services firm in Altrincham, Manchester, UK. We’re not your average accountancy firm either; we’re bringing positivity, fun and energy to our clients, and at the same time delivering second to none accounting, bookkeeping and financial services to small and medium sized businesses. Our aim […]