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Kfs Blog

keeping finances simple

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Changes to the Flat Rate VAT Scheme (FRS)

In the 2016 Autumn Statement, the Chancellor announced that changes are to be made to the existing flat rate scheme for VAT (FRS) in order to tackle perceived ‘aggressive abuse’. The changes, which will take effect 1st April 2017, are designed to ‘reduce the incentive for firms and agencies to move employees to self-employment to … Continue reading Changes to the Flat Rate VAT Scheme (FRS) →

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#TAXTHURSDAY

The Tax Burden on Small Companies

KEEPING FINANCES SIMPLE

The corporate tax regime that is currently operating in the UK is one that has been designed for a traditional company. However, this is not necessarily well suited for smaller incorporated companies. Therefore, the Office of Tax Simplification proposes that there is an increasing need for a system change that accounts for the needs of … Continue reading The Tax Burden on Small Companies →

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#WORKFORCEWEDNESDAY

How to Be a Boss to Remember

KEEPING FINANCES SIMPLE

A nightmare boss can not only impact an individual’s work life, but also their personal life and sense of self. If an employee respects you, they will be far more likely to want to go that extra mile to achieve a result. Furthermore, research has repeatedly shown that employees don’t leave companies, they leave bosses. … Continue reading How to Be a Boss to Remember →

  • #TALKTUESDAY

    Could You Be in Need of an Accountant?

    KEEPING FINANCES SIMPLE

    Many of us experience dread when it comes to managing our taxes, afraid that we will make innocent errors that will appear illegal and result in hefty fines. Despite the difficult relationship you may have with managing your accounts, they are a necessary component of any business. However, as your business grows, you may find that … Continue reading Could You Be in Need of an Accountant? →

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  • MOTIVATIONAL MONDAY

    Thinking of Setting Up a Limited Company?

    KEEPING FINANCES SIMPLE

    Overview Following on from our previous blog post, we now want to motivate those of you who are considering beginning your own limited company. We’re not denying there are some drawbacks that you will need to consider moving forward. However, as it’s Motivational Monday we’re going to focus on the great aspects to get you … Continue reading Thinking of Setting Up a Limited Company? →

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  • #TAXTHURSDAY

    Tax Tips for Company Directors

    KEEPING FINANCES SIMPLE

    There are different methods by which the director of a company can withdraw payment without owing more tax than is necessary. Below are some tips that will hopefully help you to achieve this. Preserve Employment Allowance From 2016/17, companies where the director is the sole employee will be unable to claim The Employment Allowance. Unfortunately, … Continue reading Tax Tips for Company Directors →

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KFS Accountants Limited is a registered Company in England & Wales No: 07327562
VAT Registration No: 153 7138 14
Registered address: Elcot Park Elcot Mews, Elcot Lane, Marlborough, England, SN8 2BG

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