Business Start Up

Payments on Account (Self Assessment)

Payments on account Payments on account are advance payments towards your tax bill. You have to make 2 payments on account every year unless: your last self assessment tax bill was less than £1,000 you’ve already paid more than 80% of all the tax you owe, for example...

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Payroll payments – via Modulr

As a small business owner, you know how much of a headache paying employees can be. With Modulr, your accountant can take payroll off your hands – preparing and managing all payments securely. Not only will it save you time – it takes the pressure off them, too....

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What exactly is a ‘Micro-Entity’?

What is a ‘micro-entity’? A small business is treated as a micro entity as long as it doesn’t exceed two or more of the following criteria in a financial year: Turnover of over £632,000 Balance sheet total of £316,000 Employing no more than ten employees. If you tick...

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