1. If your organisation employs EU staff or has EU volunteers The government has committed to safeguarding the rights of EU nationals residing in the UK. EU citizens will be entitled to apply for settled status in the UK, enabling them to… Read More ›
KG Accountants understands that the prospect of that first meeting with an accountant or adviser can be pretty scary if you don’t know what to expect. We like to think that your mind will be put at ease after reading… Read More ›
Unincorporated businesses, including landlords – Big changes ahead! Extensive changes to how taxpayers record and report income to HMRC are being introduced under a project entitled Making Tax Digital. Unincorporated businesses, including landlords, will be the first to see significant… Read More ›
The required format for statutory accounts for small companies has changed. We consider the reporting requirements and their impact. At KG Accountants, we can provide guidance on the new reporting standards. . The required format of statutory accounts that… Read More ›
Thinking about setting up a limited company or Perhaps you’ve already done so, but now find you’re being swamped by letters from HM Revenue & Customs and Companies House. Setting up a company is quick and easy, but it… Read More ›
Who is covered by CIS The Construction Industry Scheme (CIS) covers most construction work to buildings, including site preparation, decorating and refurbishment. Mainstream contractors If your business is construction and you pay subcontractors for construction work, you’re a ‘mainstream’ contractor…. Read More ›
All contractors must register with HMRC for the Construction Industry Scheme. Subcoactors who do not wish to have deductions made from their payments at the higher rate of deduction should also register with HMRC. HMRC will provide registration details that… Read More ›
Welcome to one of our regular series for new business starts ups. On weekly basis, we deal with a number of new Construction business starting up and we get asked a lot of questions in the building trade. We do our… Read More ›