Accounted For Blog

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Autumn Statement 2023

Posted on November 27, 2023 | Company News
Please view our Autumn statement here.

How Long Should I Keep Accounting Records?

Posted on July 27, 2023 | Company News
His Majesty's Revenue and Customs (HMRC) advises that limited companies should keep their records for at least 6 years. From the end of the …

How Does Value Added Tax Work 

Posted on July 25, 2023 | Company News
VAT is a very complex tax. But the basics are as follows: Value Added Tax (VAT) is tax on everyday goods and services. Every person in …

Benefits of Online Accountancy Services

Posted on July 25, 2023 | Company News
After HMRC introduced Making Tax Digital (MTD), the need to keep your tax digitally became very important. Whilst this may seem confusing for you as …

Payroll Requirements in the UK

Posted on July 24, 2023 | Company News
Accounted For make 'Real Time Information Submissions' (RTI's) whenever payslips are issued to employees. We will pay over the tax you have deducted from employees, …

Our Payroll Services Can Bring You a Peace of Mind

Posted on July 24, 2023 | Company News
Simple, secure, and streamlined are at the heart of our payroll department. We will take care of all your statutory obligations for Pay as you …

More than 200 companies named and shamed for minimum wage breache

Posted on July 11, 2023 | Company News
Over 200 employers have been named by the government for failing to pay their lowest paid employees the minimum wage. The 202 employers were found to …

UK inflation stays at 8.7%

Posted on July 11, 2023 | Company News
The UK's rate of inflation plateaued at 8.7% in May, data published by the Office for National Statistics (ONS) has shown. Inflation was expected to fall in …

MTD expected to cost £1 billion more than originally forecast

Posted on July 11, 2023 | Company News
A report published by the National Audit Office (NAO) has found that HMRC's Making Tax Digital (MTD) initiative is expected to cost around £1 billion more …

HMRC closes self assessment helpline for three months

Posted on July 11, 2023 | Company News
HMRC is planning to close its self assessment tax helpline for three months over the summer to focus call centre resources on dealing with other problem …