MTD IT FAQ: What you Need to Know
March 25, 2025
1. What is MTD IT? MTD IT stands for Making Tax Digital for Income Tax Self-Assessment. It is part of HMRC’s initiative to digitalise the tax system. Self-employed individuals and landlords will need to keep digital reco...
There’s the adage ‘Turnover is Vanity, Profit is Sanity, but Cash is King’. Making a profit is important for success but it doesn’t guarantee you will have enough money when you need it. Cash flow is the lifeline of a business and not keeping in con...
You do not need to pay tax on benefits that employers provide to their employees if they qualify for what is known as a Trivial Benefit. ...
Help, I want to become self employed, how do I keep HMRC happy?
February 8, 2018
You have certain responsibilities if you want to run your own business and become self-employed. Often people fall into becoming self-employed and have this sudden realisation that they do not know what responsibilities they have in terms of who they need to inform, pa...
VAT on Retail Delivery Charges
July 14, 2017
It's that time of year again when you've started out with good intentions and a list of resolutions - but how many have you stuck to so far?...
New Beeline Bookkeeping Website
February 28, 2017
My new website www.beelinebookkeeping.co.uk has now gone live!...
2017 - Pastures new for Beeline Bookkeeping in Somerset
February 6, 2017
A busy start to 2017 – the beginning of any year is always busy for a bookkeeper with the self assessment tax return deadline looming, so why not add a house move into the mix!
Beeline Bookkeeping has relocated from the white horses of Wiltshire to the Polden Hills of Som...
Beeline Bookkeeping wasn't built in a day
February 3, 2017
I set up Beeline Bookkeeping after taking a break from the commercial world to have my son. It was a big decision and involved a lot of time and commitment to gain the qualifications needed to become an ICB certified bookkeeper....
