_SASAccounting's profile picture. Qualified accountants, with a wealth of experience in accountancy practice. #accounting #bookkeeping #services #colchester #essex

SAS Accounting

@_SASAccounting

Qualified accountants, with a wealth of experience in accountancy practice. #accounting #bookkeeping #services #colchester #essex

What is #bookkeeping? To lay a solid foundation, it's important to know the basic principles of #accounting and this 20-minute webinar from our friends at Xero is a must watch for any #smallbusinessowner struggling with their accounts >>> sas-accounting.co.uk/page/xero-tips/

_SASAccounting's tweet image. What is #bookkeeping?
To lay a solid foundation, it's important to know the basic principles of #accounting and this 20-minute webinar from our friends at Xero is a must watch for any #smallbusinessowner struggling with their accounts >>>
sas-accounting.co.uk/page/xero-tips/

#TopTipTueday: Are you a #smallbusinessowner? Do you pay yourself a salary! If the answer is no, then you really should, it is easier to stay within budget, and less stressful to track. It also reinforces the that your business and personal money is entirely separate.

_SASAccounting's tweet image. #TopTipTueday: Are you a #smallbusinessowner?

Do you pay yourself a salary!

If the answer is no, then you really should, it is easier to stay within budget, and less stressful to track. It also reinforces the that your business and personal money is entirely separate.

Some very good advice! Keep track of all of your small expenses, they very quickly add up. Monitoring them allows you to fine-tune where your money goes. #MondayMotivation

_SASAccounting's tweet image. Some very good advice!

Keep track of all of your small expenses, they very quickly add up. Monitoring them allows you to fine-tune where your money goes.

#MondayMotivation

WARNING!!! Don’t use your company credit card for personal purchases 💳 !!! If your business has a credit card - don’t use it for personal expenses. Always pay off your credit card at the end of every month. This ensures that you will most likely get credit in the future.

_SASAccounting's tweet image. WARNING!!! Don’t use your company credit card for personal purchases 💳 !!!

If your business has a credit card - don’t use it for personal expenses. Always pay off your credit card at the end of every month. This ensures that you will most likely get credit in the future.

The top ten #taxdeductions that are often overlooked... #Taxreliefs and deductions are there to help lighten your financial burden, but navigating them can be complex >>> sas-accounting.co.uk/blog/post/2332…

_SASAccounting's tweet image. The top ten #taxdeductions that are often overlooked...

#Taxreliefs and deductions are there to help lighten your financial burden, but navigating them can be complex >>> sas-accounting.co.uk/blog/post/2332…

Keeping an eye on the #business numbers is a critical for #smallbusinessowners. Speak to your #accountant today or if you don't already have an accountant, here is where to find us... 📧 [email protected] ☎️ 01206 266702 🌐 sas-accounting.co.uk

_SASAccounting's tweet image. Keeping an eye on the #business numbers is a critical for #smallbusinessowners. 

Speak to your #accountant today or if you don't already have an accountant, here is where to find us...

📧 admin@sas-accounting.co.uk
☎️ 01206 266702
🌐 sas-accounting.co.uk

You can claim a good chunk of your #businessexpenses as #tax deductions, these #expenses include meals with clients, ad campaigns, and office rent. In order to claim them, though, you need receipts (paper/email or on an app) for tracking and verification purposes. #TopTipTuesday

_SASAccounting's tweet image. You can claim a good chunk of your #businessexpenses as #tax deductions, these #expenses include meals with clients, ad campaigns, and office rent. In order to claim them, though, you need receipts (paper/email or on an app) for tracking and verification purposes. 
#TopTipTuesday

Did you know... If your #business doesn’t have any retained #profit, it can’t make #dividend payments. Doing so will likely see you in hot water with #HMRC, and penalties to pay!

_SASAccounting's tweet image. Did you know...

If your #business doesn’t have any retained #profit, it can’t make #dividend payments.

Doing so will likely see you in hot water with #HMRC, and penalties to pay!

January can be a tough month for the self-employed, and it's important to keep on top of cash flow. Staying motivated can be difficult, to ensure you stay on top of your back office (accounting, payroll, cash flow, invoicing, etc) set aside an hour a day to work on these.

_SASAccounting's tweet image. January can be a tough month for the self-employed, and it's important to keep on top of cash flow.

Staying motivated can be difficult, to ensure you stay on top of your back office (accounting, payroll, cash flow, invoicing, etc) set aside an hour a day to work on these.

Selling a property in the UK can have significant tax implications, particularly concerning #CapitalGainsTax (CGT). Understanding the reporting requirements and deadlines is crucial to ensure compliance and avoid potential penalties. So, what is #CGT? sas-accounting.co.uk/blog/post/2364…

_SASAccounting's tweet image. Selling a property in the UK can have significant tax implications, particularly concerning #CapitalGainsTax (CGT). 

Understanding the reporting requirements and deadlines is crucial to ensure compliance and avoid potential penalties.

So, what is #CGT?

sas-accounting.co.uk/blog/post/2364…

Have you submitted your self-assessment tax return yet? "Yes" – great, well done! "No" – don't worry, you have time, but be quick ⏰ #taxreturndeadline #selfassessment #taxreturn #tax #HMRC


#InheritanceTax in 2025: #IHT is undergoing significant reforms with changes that will particularly impact #businessowners and those with overseas assets. Planning ahead will ensure your estate is passed on efficiently, so now is the time to act. #MondayMotivation

_SASAccounting's tweet image. #InheritanceTax in 2025:

#IHT is undergoing significant reforms with changes that will particularly impact #businessowners and those with overseas assets.

Planning ahead will ensure your estate is passed on efficiently, so now is the time to act.

#MondayMotivation

Time to upgrade your #companycar? For more information about calculating the taxable benefit in kind on any company car or assessing the pros and cons of transitioning to a hybrid or all-electric company car fleet from a #tax perspective, please get in touch with us at any time.

_SASAccounting's tweet image. Time to upgrade your #companycar?

For more information about calculating the taxable benefit in kind on any company car or assessing the pros and cons of transitioning to a hybrid or all-electric company car fleet from a #tax perspective, please get in touch with us at any time.

Did you know... Once your #business’s turnover reaches the #VATthreshold, you have 30 days to register for #VAT with #HMRC! When this process is complete, your business has extra responsibilities. Find out what they are here >>> smallbusiness.co.uk/what-is-the-va…… via @smallbusinessuk

_SASAccounting's tweet image. Did you know... 

Once your #business’s turnover reaches the #VATthreshold, you have 30 days to register for #VAT with #HMRC! 

When this process is complete, your business has extra responsibilities. 
Find out what they are here >>> smallbusiness.co.uk/what-is-the-va…… via @smallbusinessuk

How Can SAS Help Your Business? We can streamline your processes to ensure that the data you need to track spend and performance is up to date, instantly available and delivers the ability to react fast to changes. Contact us on... 📧 [email protected] ☎️ 01206 266702

_SASAccounting's tweet image. How Can SAS Help Your Business?

We can streamline your processes to ensure that the data you need to track spend and performance is up to date, instantly available and delivers the ability to react fast to changes.

Contact us on...
📧 admin@sas-accounting.co.uk
☎️ 01206 266702

Starting your own #business? Make sure that you register with #HMRC, as soon as you establish your business, to avoid any penalties - get your #financial ducks in a row from the beginning! #TopTipTuesday #Essex #Essexbusiness #Colchester #Accountant #EssexAccountant #EssexBiz

_SASAccounting's tweet image. Starting your own #business?

Make sure that you register with #HMRC, as soon as you establish your business, to avoid any penalties - get your #financial ducks in a row from the beginning! 

#TopTipTuesday #Essex #Essexbusiness #Colchester #Accountant #EssexAccountant #EssexBiz

Did you know... Salaries are an allowable expense for corporation Tax! A limited company pays #CorporationTax on the profit that it makes and claiming #TaxRelief on allowable expenses reduces the amount of profit, therefore reducing the amount of Corporation Tax that is owed.

_SASAccounting's tweet image. Did you know... Salaries are an allowable expense for corporation Tax!

A limited company pays #CorporationTax on the profit that it makes and claiming #TaxRelief on allowable expenses reduces the amount of profit, therefore reducing the amount of Corporation Tax that is owed.

Loading...

Something went wrong.


Something went wrong.