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contact@balloonaccounting.co.uk
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Month: September 2021

with you on the journey to a brighter future

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15 things you didn’t know an accountant could do

15 things you didn’t know an accountant could do When asked “What does an accountant do?” many people answer with accounts, tax or compliance work. While that’s true, what many don’t know, is that the good ones do so much more. The best accountants will become a part of your team; they will give you…
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NI Increase / Social Care Levy

NI Increase / Social Care Levy The governement have announced that all rates of national insurance contributions and income tax on dividends will increase by 1.25 percentage points from 6 April 2022. This increase in rates will be rebranded as the ” health and social care levy” with effect from April 2023 and kept separate…
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Proposed change of accounting period for unincorporated businesses: are you ready?

Proposed change of accounting period for unincorporated businesses: are you ready? **UPDATE** – The government announced on 23rd September 2021 that the introduction of this has been postponed one year. **UPDATE** Are you self-employed? Or are you a partner in a trading partnership? If you are, you should be aware of the proposed changes to…
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