Don’t Miss The Tax Return DeadlineACCOUNTANTS IN MANCHESTER Don’t Miss The Tax Return DeadlineThe deadline for filing your tax return is coming up, so it’s time to get organised. Granted, it’s another three and a half months way, but years of experience tells us it comes around than you realise. People often put it off for […]
4 reasons you should hire an accountant for your small businessACCOUNTANTS IN MANCHESTER Running a small business can be challenging and many require an accountant to avoid getting into tax trouble and risking penalties and fines.We’re sharing 4 reasons why your businesses need their own accountant, and we hope that these convince you if you’ve been […]
HOSPITALITY VAT INCREASEACCOUNTANTS IN MANCHESTERYou may remember in the chaos of last year (2020) that the Chancellor Rishi Sunak temporarily reduced the Standard Rate of VAT from 20% to 5% for the hospitality sector.This was done to encourage people to eat out at restaurants and serve as a boost for the hospitality industry which had […]
NATIONAL INSURANCE INCREASE 2022ACCOUNTANTS IN MANCHESTERIf you’re self-employed, you need to be clear on the taxes you need to pay – and that includes the National Insurance (NI) increase coming in April 2022. Our article to National Insurance for the self-employed covers the basics. Read on to find out how your profits affect the amount of […]
6 Bookkeeping Mistakes You Should Avoid!ACCOUNTANTS IN MANCHESTERIt’s exciting working for yourself isn’t it? Well, most of the time that is, don’t you agree? For sure there are certain aspects of running your own business that are amazing, but the financial side of the business is often not the most exciting, and can sometimes be […]
8 Purchases You Didn’t Know Where Tax Deductible?ACCOUNTANTS IN MANCHESTERWho doesn’t love a refund?! We’ve got a list of 10 purchases that you didn’t know where tax deductible. Scroll on… When preparing your annual self-assessment, it’s important to know what counts as an allowable expense. HMRC states that anything you claim must be ‘wholly and exclusively’ […]
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 […]
</p> <style>.vce-row-container .vcv-lozad {display: none}</style> <p>Company Insolvencies on the Rise in 2021?ACCOUNTANTS IN MANCHESTERAccountancy Today has reported that company insolvencies rose by 63% in June 2021. The figure represents an 18% drop compared to June 2019 (2020 data removed due to unprecedented trading conditions), it marks a spike in insolvencies from May 2021 where there were […]
Fifth SEISS GrantPERSONAL TAX ACCOUNTANTS IN MANCHESTERSelf-employed taxpayers can now apply for the fifth SEISS grant, but you may need to provide two different turnover figures from your business as part of your application…. The portal to apply for the fifth self-employed income support scheme (SEISS) grant opened on 29 July, but not everyone can apply […]