Abigail Langridge

Time for a new Accountant?

It can be difficult to know what to expect from your accountant. This makes it hard to decide if it’s time to move on, when you feel it is time for a new accountant. We’ve put together this simple guide to help you navigate this minefield: Do you get on? […]

Magpie Acc Blog - Time for a new Accountant

MagpieAccBlog - Advice for Freelancers

Advice for Freelancers

Making a living as a freelancer is a dream for many, but for those that have taken the leap, it has some aspects that might make you wish you’d just taken that office job. We know you’d rather be spending your time on the fun stuff, the work you enjoy […]

It’s not personal, it’s business!

A question we are often asked is “Can I use my personal bank account for business?”, the answer is, yes you can, but it’s not good business practice and is frowned upon by HMRC. We often see small business owners dipping into business funds for personal reasons, or using the […]

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Mistakes to avoid on your VAT Return

When introduced into the UK in 1973, VAT was described as a simple tax, but for many small business owners it is anything but simple and if you fall into the trap of making any of the common mistakes we have detailed below, it can be extremely costly. Take a […]

Tax returns, it’s not too early…

Sole traders across the UK will notice letters from the taxman dropping through their letterboxes in the days ahead, reminding them that the tax year has ended and it’s now time to file their Self-Assessment Tax Return. Of course, the deadline for filing is 31st October for paper returns, or […]

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Tax deductions – Don’t miss out!

When completing your tax return a good accountant will check that all of your tax deductions are included. Sadly, however, some are less pro-active and will simply process the details you give them, without looking for extra tax savings. So, to maximise your tax deductions, you need to make sure […]