UK Accounting Kevin Beare & Co Chartered Accountants

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Auto-enrolment and UK employee earning thresholds

With the new tax year well under way, this post brings you some of the new tax rates and allowances which you may want to take advantage of. Meanwhile, the Government has confirmed that employee earning thresholds for the upcoming pension auto-enrolment will be aligned with tax and national insurance thresholds – we take a [...]

The UK tax year and choosing your accounting date

Whatever business model you are in, you must prepare annual accounts which report on business performance and activities during the financial year. What many may be unaware of, is that businesses are allowed a free choice of when to end an accounting year. So, for 2012/13 tax, accounting dates can vary between 6 April 2012 [...]