Count On Me - Business Support and Services

28/11/2024

Making Tax Digital is a HUGE SHIFT in how self employed people submit their tax returns. *You will need to be up and running prior to the April 2026 deadline*

Here’s a quick look at how these changes compare to current rules:

Before April 2026:

1 annual submission
Paper filings by 31st Oct
Online filings by 31st Jan
Fine to keep paper records

After April 2026:

4 quarterly submissions per business
1 annual ‘Final Declaration’ submission per individual
Filing via MTD-compliant software
Keeping digital records

Email me to find out how to get ready for this :) x

28/11/2024

*Are you a Sole Trader or Landlord?*

I can help you get ready for Making Tax Digital and massive discount available on Xero software! Get in touch today by emailing [email protected]

MTD for Income Tax was due to start in 2024 but was delayed to 2026. Under MTD for Income Tax, sole trade businesses and landlords will need to keep and maintain digital records *and use MTD compatible software* to manage, track and send updates to HMRC.

*Sole traders and landlords earning above £50,000* will need to comply with MTD for Income Tax rules *from April 2026*. Sole traders and landlords earning above £30,000 will follow in April 2027.

They'll be required to send HMRC quarterly summary updates of their business income and expenditure.

A Final Declaration will also need to be made, to include other sources of taxable income such as savings and investment income.

GET READY EARLY TO AVOID STRESS AND FAFF!!

18/11/2024

Running a business is hard work, and sometimes it’s difficult to step back and plan where you’re going. My tailored strategy workshops help Brighton’s small business owners create, review, or roll out a 2–5 year strategy plan with clarity and confidence.

These 5-hour sessions are designed to focus on what your business needs most:
- Strategy Creation: Build a solid foundation with vision, mission, values, market analysis, objectives, and strategies.
- Strategy Review: Take stock of where you’ve been, identify what’s working, and refine your approach for the future.
- Strategy Roll-Out: Translate your strategy into action with clear roadmaps, KPIs, and communication plans.

Drop me a line or book a call to discuss!
www.count-on-me.uk

12/11/2024

From April 2026, Making Tax Digital (MTD) will apply to Income Tax, meaning self-employed individuals and landlords with income over £50k will need to keep digital records and submit quarterly updates. This change is happening, so getting prepared now will save you time and stress later!

🔹 Why Xero? Xero is a simple, secure online platform that makes MTD compliance easy. It’s designed to streamline your finances, making it effortless to keep on top of your accounts with features like automatic bank feeds, expense tracking, and VAT returns in one place.

🔹 Get Started Today Switching to Xero early will help you avoid the last-minute rush. It’s straightforward, and I'm here to help you every step of the way.

Ready to make tax easy? Drop me a message or give me a call, and I’ll get you set up on Xero in no time!

01/11/2024

Following yesterday's budget - the government have confirmed that all self employed people and landlords making over £50,000 a year will need to be fully digital before April 2026.

This means *NO MORE SELF ASSESSMENTS*

Instead you will need to submit **quarterly returns** via software.

To get ready for this, consider making the move to digital asap.

As a Xero partner and bookkeeper I can get you the software needed for just £7 a month and provide you with the bookkeeping services you need to stay compliant

Get in touch!

MTD for Income Tax is changing the way businesses submit their Income Tax Self Assessment Returns. Xero makes it easier to comply with HMRC's requirements.

05/02/2023

13/05/2022

Count on Me has a new office! https://wrap.space/ pleased to be part of the Wrap Community :)

Beautiful shared and private offices with meeting and event space. Downstairs, a stylish café and a state-of-the-art nursery and creative play centre.

10/04/2022

Excited by the prospect of working with some new clients this year!
Get in touch if you're looking for some assistance with your small business or even better, for someone to join your team :)
[email protected]
www.count-on-me.uk

25/02/2021

Are you an busy entrepreneur who could do with an extra brain in your business?
Can't afford a member of staff?
Consider working with a freelance business administrator
Get in touch: [email protected]

You need help to get more done, but will an executive assistant really be worth it? To find out, ask yourself these three financial-related questions.

25/11/2020

Deadline for Self Assessment 2019/2020 is January 31st 2021.
Get in touch soon if you need help submitting your Self Assessment this year.

20/09/2020

https://www.backoffice.co/blog/bookkeeping/what-does-a-bookkeeper-actually-do/

We show you what a bookkeepers actually does and how they can help you run your business on daily, weekly and monthly basis.

16/09/2020

https://bench.co/blog/bookkeeping/bookkeeper-definition/

We break down the ins and outs of a bookkeeper’s role and why a good one is worth their weight in gold.