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Xero introduces Small Business Insights – for free!

Xero has introduced Small Business Insights for free for everyone! We make no secret that we love Xero here at Flamingo Accounting, but now they have given us another reason to love them more with the introduction of…

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What does my tax code mean? 18/19

What exactly do all the numbers and letters in my tax code mean?  And what do I do if I think it’s wrong? HMRC generate your tax code based on the information that they hold on you, and…

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The most tax efficient way to pay yourself in 2018/19

The most tax efficient way to pay yourself in 2018/19 The last tax year ended 5th April and the 2018/19 started on the 6th, meaning that new rules and allowances apply – so you need to find the…

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Information to keep for your tax return

Last week saw the end of the 17/18 tax year on 5th April, for which many of us will need to produce and file a personal tax return .  To make things easier, here is our list of…

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What is a P11D and do you need to complete one?

What is a P11D? The P11D form is a statutory form required to be filed with HMRC detailing benefits paid to their employees and the cash equivalents of those benefits. You will also need to file a P11D(b)…

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