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Why should you Outsource your Accounts with summ.it?
You may have seen our previous post asking ‘Why you should outsource your IT with summ.it?’ where we explained the different benefits and options you had when you work alongside us. Within this article we will explain the benefits of outsourcing your finances with summ.it. Flexibility Similarly, to the other areas of […]
Wipe Your Tears is our chosen charity and we like to do as much as we can for them. This year saw the team tackle the Rough Runner and raise an amazing £3,055 for the charity. Alongside our fundraiser, a few years ago we also decided to use our Christmas card money elsewhere and […]
Southerns Awarded Place in Sunday Times Fast Track!
The Southerns Group place 37th on the Sunday Times Fast Track! On Sunday our longstanding client, Southerns Group were awarded a place in the Sunday Times Fast Track 100 table. The Fast Track award was founded in 1997 and ranks Britain’s 100 private companies with the fastest growing sales over their latest three years. […]
With the new changes nearing it is no wonder GDPR is the topic of conversation for many of us. The new GDPR (General Data Protection Regulations) coming into effect in May 2018 means a lot of businesses will have to change the way they use and store personal data. From May, you will only […]
HMRC has announced that by 2020 the Making Tax Digital initiative will be in place meaning it will be easier for individuals and businesses to ensure their tax is correct and access their own tax affairs online via digital accounts. At the moment, it is estimated that £8 billion a year in tax […]
Its long been a bone of contention with HMRC that they have been losing tax revenue by individuals who should be staff but operate out of a Limited company, generally known as a Personal Service Company (PSC), to reduce the tax which they are liable for by taking advantage of the Company status. […]