Here at NGR Accountancy we have been working with QuickBooks since we started and have found it to be the best bookkeeping software available for small businesses. In recognition of our team’s continued training and expertise in using this software we have been awarded Platinum ProAdvisor status. If you require assistance with QuickBooks or would… Continue reading QuickBooks Platinum Proadvisor
Most self-employed people work from home or make use of their home for running their business, at least when they first start out. There are tax benefits that can be claimed for doing this and it is important to understand the rules to make sure you claim what you are entitled to. There is a… Continue reading Home Offices: What Tax Reductions Can I Get When Self-Employed?
After a couple of delays the VAT reverse charge for the construction industry finally came into force on 1st March 2021. It’s a big change in the way contractors have to account for VAT on some of their transactions and it certainly doesn’t simplify the process. We have answered some of the main questions you… Continue reading What is the VAT reverse charge for construction industry?
Are you looking for a new vehicle but not sure what the most cost effective way is to purchase it? Maybe you’re trying to decide if you should buy it personally or buy it through your business? Unfortunately the answer of what’s the best way to do this isn’t straightforward, there are a number of… Continue reading Purchasing a vehicle through your business vs buying it privately
If you are in the construction industry you’re probably pretty familiar with the term CIS, for those of you less familiar with the term, CIS stands for Construction Industry Scheme. What is CIS? CIS is a tax deduction scheme that involves tax being deducted at source from payments that relate to construction work. These deductions… Continue reading 5 Questions about CIS