News

Latest news releases and FAQs

News and useful information on tax and business issues.

Xero Silver Partners

Sutherland Black have just become a Xero Silver Partner! This recognises our rapid growth in bringing Xero to our clients. Our listing on the Xero website has been updated with our new status: https://www.xero.com/uk/advisors/accountant/2012/sutherland-black-chartered-accountants/ The advantages of Cloud Book Keeping software are clear to see for our clients. Automatic bank feeds reduce errors and thanks

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Open Banking

An Accounting Revolution While everyone was celebrating the New Year in January a new piece of seemingly obscure banking legislation came into place in the UK which has the power to revolutionise the way that small businesses integrate technology with their banks. Previously if a third party application like a piece of book keeping software

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Save Tax! Year End Tips

Its nearing the end of the Tax Year! Here are our top tips on year end planning and how to Save Tax. Director’s salary levels: Many small business owners pay themselves a small salary and take the rest of their income in dividends in order to be tax efficient. These salary levels should be reviewed

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Self Assessment Returns For Directors

We always recommend that Directors of Limited Companies do a self assessment return every year and ensure that our clients do so. If you go here: https://www.gov.uk/check-if-you-need-a-tax-return and tick the box that you are a Director HMRC will tell you that you need to do so. However occasionally we take on a Company Client where the

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Budget Update

Here are the highlights from a fairly content free budget. The main budget is moving to the Autumn from this year.   TAX FREE DIVIDEND ALLOWANCE TO BE REDUCED TO £2,000 The Chancellor also announced measures to limit the rise in tax-driven incorporation. The £5,000 tax free dividend allowance introduced by George Osborne will be

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