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)…
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…
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…
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…
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…
How to make sure you find a good bookkeeper and make the most of them
How to make sure you find a good bookkeeper and make the most of them. We cannot over emphasise the importance of good bookkeeping to successful business, and yet so many owners pay little attention to it or…
Invoicing through Xero
Invoicing in Xero is now even better! Xero have made improvements to it’s already great invoicing process this year. It’s now easier and more efficient to invoice in your customers than ever before, even via your smart device…
What are all the different tax reliefs?
What are all the different tax reliefs? We are often asked about what all the different tax reliefs are and what can be claimed and what can’t be claimed. Below is our brief overview of some of what’s…