Articles – The Toast blog
Cloud Accounting - Michael Rutherford

‘Up in the Clouds’ – Why Cloud Accounting is the future for businesses, big and small

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What’s all the fuss about?  You’ll likely have seen a lot of advertising around ‘Cloud Accounting’ and ‘Making Tax Digital’, but does that add value to your business as a business owner?  The clear answer is yes, but perhaps not for the reasons you think.  The transition to cloud accounting is likely to have more […]

Directors Loan Account

Directors Loan Account – What is it and what are the tax implications?

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Often, people who run Limited Companies, particularly those that have only recently set the company up have either never heard of a Director’s Loan account or those that have heard of them do not know how they operate from a tax perspective.

What is Cloud Accountancy?

What is Cloud Accounting all about?

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You’ve probably heard the term ‘cloud accounting’ but what does it mean and more importantly why does it benefit your business?

Benefits of a Limited Company

Benefits of Operating as a Limited Company

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Limited company vs Sole Trader. What to choose? Do you know the main benefits of operating as a Limited Company? Read the article to learn more:

Dividend Tax Rates

Dividend tax rates 2022-2023

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If you weren’t already aware, last week there were a number of announcements made by the Chancellor in the Autumn Budget 2021. One of the announcements was that there would be an increase in dividend tax by 1.25% from the 6th April 2022 in order to fund the health and social care sector. 

Employment Allowance

The £4,000 Employment Allowance

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Employment allowance is a tax relief scheme in the UK that allows eligible small business owners with employees to apply to reduce their annual National Insurance bill by up to £4,000.

VAT change for hospitality industry

VAT change for Hospitality Industry

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As of the 1st October 2021, a new VAT rate of 12.5% will affect businesses that produce certain supplies associated with hospitality, holiday accommodation or entry fees to certain types of attractions.