What is the Research and development Tax Credit? And can you claim?
What is the Research and Development Tax Credit? And can you claim? The Research and Development Tax credit is a generous government scheme aimed at encouraging UK companies to take part in innovation and reward them for doing…
IR35: Are you employed or self-employed?
Are you employed or self-employed? And why does it even matter? Why should I be concerned about IR35? You should be concerned about IR35 because if HMRC take a different view to you on whether you are employed…
We are now a Bronze Partner with Xero!
We make no secret that we love Xero here at Flamingo Accounting! And now we are happy to be able to announce that we have been made a Xero Bronze Partner with them – and are already on…
How to manage your email effectively
Ever feel overwhelmed by the amount of emails in your inbox? You spend all day replying to them but still have more than when you started? That needs to stop. Now. A never-ending inbox of emails is the…
VAT Record keeping
What records do you need to keep for VAT purposes? Many business become VAT registered and are then unsure of what VAT records they need to keep and issue, and how long for. Our simple guide below breaks…
Minimum Wage and Living Wage set to increase
What is the national minimum wage and national living wage? On 1st April 2018 both the National Minimum wage and National Living Wage are set to increase, including the largest increases in a decade for the rates that…
What business mileage can you claim?
We are often asked by our clients what business mileage they can claim back, and what tax they will have to pay if they do. Below we break down the differences between business mileage and private mileage, and…
Do I need to file a tax return?
Every year at this time accountants are asked the same question – Do I need to fill in a tax return? Here are our answers to that question, plus the other four we always get asked as well:…
Xero Touch – the Xero mobile app
Xero Touch – the Xero mobile app We love Xero here at Flamingo Accounting and one of the main reasons is the free mobile app – Xero Touch. Xero Touch allows business owners on the go access to…
Do I have to pay tax on my bitcoin gains?
Do I have to pay tax on my bitcoin gains? Cryptocurrencies, particularly Bitcoin, have been in the press a great deal lately as their value soared throughout 2017. Experts are divided over whether this is a successful long-term…