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Posts by Hughes Davies Accountancy



Making payments on account for the first time When you make
Making payments on account for the first time When you make payments on account for the first time, it might be your first year of trading or the fir...
Its that time of the year again, festive season with Christmas and
Its that time of the year again, festive season with Christmas and New Year approaching. Ohh! and the deadline for online submission of 2013-14 tax re...
Do you have a tax return & don’t know what to do with it? 1.
Do you have a tax return & don’t know what to do with it? 1. Put the kettle on 2. Have you done the bookkeeping, got your records together? 3. I...
Is My ALS Ice Bucket Challenge Donation Tax Deductible? The
Is My ALS Ice Bucket Challenge Donation Tax Deductible? The challenge involves people pouring buckets of ice water on themselves and posting it on th...
Self-employed National Insurance If you are in business as a
Self-employed National Insurance If you are in business as a sole trader or in a partnership, you are liable for self-employed National Insurance (NI...
4 Mistakes to avoid with your new business One of the things I
4 Mistakes to avoid with your new business One of the things I love most about what I do is getting to see so many new businesses, all with fantastic...
How to Claim Clothing as a Business Expense Perhaps the biggest
How to Claim Clothing as a Business Expense Perhaps the biggest urban myth adopted by people starting their own business is that you can claim the co...
Most common bookkeeping mistakes; Poor financial management is
Most common bookkeeping mistakes; Poor financial management is one of the leading causes of business failure within the first five years of starting ...
Tax inspections and how to avoid them The chances of your
Tax inspections and how to avoid them The chances of your business being inspected by HMRC have risen considerably. The coalition Government allocate...
What you need to know about bank accounts Although not mandatory
What you need to know about bank accounts Although not mandatory for sole traders, it is certainly advisable to have a separate bank account for you...

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