How the Chancellor’s 2014 Autumn Statement affects YOU!
George Osborne, the Chancellor of the Exchequer, announced his Autumn Statement on Wednesday (3 Dec 2014) in what could be seen as a mini budget. Here we focus on the key announcements, concentrating...
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Taxfile’s multi-lingual, multi-talented staff, at a glance
[Updated]: It's common knowledge that most of Taxfile's South London staff are multi-lingual but can you guess which staff member speaks no less than four languages fluently (Russian, Pashto, Dari and...
View ArticleSpring Budget 2017: Key Changes Affecting SMEs & the Self-Employed
Philip Hammond, Chancellor of the Exchequer, delivered his Spring Budget to the House of Commons today. https://www.youtube.com/watch?v=UVJqF5NE3BY If you missed it, you can watch and listen to the...
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New: Tax Advice & Planning Service
You can now get tax planning and tax advice from Taxfile. We have highly experienced senior accounting staff who can give you the right tax advice when you need it most — for example, when your...
View ArticleMaking Tax Digital (MTD) delayed due to Brexit
HMRC delays the rollout of Making Tax Digital (MTD) for businesses & individuals beyond 2021: Even though MTD for VAT has been rolled out, the wider extension of the MTD scheme for individuals...
View ArticleNeed a Limited Company? Questions you may be asking yourself
“What are the main differences between being self-employed and running a limited company?” “What are the advantages and disadvantages of having a private limited company?” The major difference between...
View ArticleHow To Help Your Accountant Save You Money
There are many benefits of helping your accountant by providing complete and organised records from the outset. Here are some of them: If you get your records to your accountant on time, you will give...
View ArticleTaxfile Covers Clients for HMRC Enquiries
Did you know that Taxfile’s clients are protected from HMRC enquiries, for example for tax returns and similar submissions we make to HMRC? Through a simple, low-cost fee, Taxfile promises to liaise...
View ArticleForming a Limited Company?
Having been the accountants of choice for individuals and businesses in the South London area, we have recently noticed a surge of individuals moving away from the sole trader status and enquiring...
View ArticleHow Corporation Tax is calculated has changed
At Taxfile we can compile and file your company’s tax return as well as calculating what is owed in Corporation Tax. As of 01/04/2023, the main rate of Corporation Tax (CT) will rise from 19% to 25%,...
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