info@flamingo-accounting.co.uk
020 32 86 58 51

New Xero Expenses is coming

Xero is changing how it’s expenses module works We love Xero at Flamingo Accounting and make no secret of it.  Now they are giving their Expense module an overhaul and introducing great new features. Changes to improve the…

Read more

A Contractor group has called on HMRC to open a ‘suicide hotline’ in response to the new loan charge

Volunteer support group – the Loan Charge Action Group (LCAG) – which represents contractors and freelance workers, has called on HMRC to set up a 24 hour ‘Suicide Hotline’ to deal with the increasing number of people concerned…

Read more

Small businesses feel penalised by HMRC investigations

HMRC has commissioned and released research into it’s own investigations and the impact on small businesses. Over half of those questioned said that they felt the HMRC investigations were too intensive and disruptive. 52% of the business stated…

Read more

Non taxable benefits and payments to employees

Not many people realise but there is an extensive list of benefits and payments that an employer can give to an employee without having to pay income tax or national insurance on and they do not have to…

Read more

Sole trader vs Company: Benefits and Drawbacks

Should I be a sole trader or a company?  We are often asked that question when people are setting up in business, and the truth is it depends on the individual scenario and what you are looking to…

Read more