Help Centre - Handpicked Accountants

Concerned about corporation tax? Confused about company cars? Need to know about National Insurance? Our Help Centre is designed to advise all comers on various subjects relating to accountancy and business; from simple queries about what an accountant actually does, to complex questions around taxation and all that's in between.

Choose from a range of articles, frequently asked questions (FAQs) and relevant news pieces.

Common Tax Return Mistakes: How to Avoid Self Assessment Pitfalls

Business Tax

11/10/2024

As a contractor, there’s a lot to keep on top of when it comes to tax and Self Assessments. When you’re busy balancing the demands of running a business, there are common mistakes that you might overlook which could have significant consequences. This guide provides you with the necessary insights to avoid any Self Assessment pitfalls and help approach your tax responsibilities with confidence…

What Every Director Needs to Know About Personal Guarantees

General

19/06/2024

In the complex landscape of business finance, directors often find themselves navigating the intricate terrain of personal guarantees. Whether you're a seasoned entrepreneur or a fresh-faced director, understanding the nuances of personal guarantees is paramount to safeguarding both your business and personal assets. In this article, we delve into the essentials every director should know about pe…

Five Common Financial Mistakes Business Owners Make (And How to Avoid Them)

General

29/04/2024

Running a business well means keeping a close eye on your money. But lots of business owners run into trouble with not having enough cash on hand and other financial problems that slow them down. Poor financial management, like not handling cash flow well, is why 82% of businesses fail. The good news, if you know what you're doing, you can dodge these common slip-ups. In this blog, we're going to …

Legal Protections for Employees During Corporate Restructuring and Insolvency

Insolvency

06/03/2024

Insolvency means that your employer cannot pay its debt when they fall due and/or their liabilities exceed their assets. When a company becomes insolvent, there are several types of insolvency proceedings that could take place. When Business is Being Restructured If your employer decides to continue to trade, but with an insolvency practitioner appointed to supervise (commonly under a Company Volu…

How long does it take to get a tax refund from HMRC?

Tax Returns

16/01/2024

If you are owed money from overpaid tax then you will want to know how long does a tax rebate take? Tax refunds in the UK can take up to 12 weeks to be processed with a further 5 days to 5 weeks added to receive your money. Knowing how long does a tax refund take will allow you to plan your finances accordingly.

How to buy the business of an insolvent company – pitfalls and benefits

Business Start-Ups

16/08/2023

It is often the case that even a company that has fallen into insolvency will still have some viable parts to the business that are worth saving. A purchaser looking to buy some or all of an insolvent business can often get quite a bargain, but an attractive purchase price must be balanced against the issues that arise with buying a business from an insolvency practitioner, compared to a solvent…

Pension or Property : Which is the Better Investment

General

03/08/2023

The decision between investing in pensions or property for retirement planning is a critical choice that many individuals face. Both options have their merits and drawbacks, each offering unique avenues for long-term growth and financial security during retirement. This article examines the advantages and limitations of property investments (including buy-to-let and personal residences) and pensio…

Limited company taxation for tax year 2023/24

Business Tax

17/05/2023

When it comes to taxation, there are different rules for different types of businesses. For instance, sole traders and partnerships are taxed as if they were an extension of the individual's income, whereas companies are taxed differently. In this article, we will look at how taxation works for a limited company, and how it can impact your financial planning. Corporation tax Corporation tax is pai…

Why IT support & security is crucial for businesses

General

03/05/2023

When signing up with an accountancy practice, it’s a basic expectation for your personal and financial information to be protected under lock and key. Your accountant must keep this information safe from cybercriminals who use sophisticated methods to attempt to access it. Unfortunately, accountancy practices are a prime target for cybercriminals and a single cyber-attack can cause significant f…

1
2
3
Next
Last

Subscribe to the newsletter and receive news, advice and key insights in your inbox every month

By clicking submit you will receive the Handpicked Accountant newsletter. All emails include an unsubscribe link. You may opt-out at any time. See Privacy Policy.

News, Help & FAQs from Handpicked Accountants

Common Tax Return Mistakes: How to Avoid Self Assessment Pitfalls

Business Tax

What Every Director Needs to Know About Personal Guarantees

General

Five Common Financial Mistakes Business Owners Make (And How to Avoid Them)

General

Legal Protections for Employees During Corporate Restructuring and Insolvency

Insolvency

How long does it take to get a tax refund from HMRC?

Tax Returns

How to buy the business of an insolvent company – pitfalls and benefits

Business Start-Ups

Pension or Property : Which is the Better Investment

General

Limited company taxation for tax year 2023/24

Business Tax

Why IT support & security is crucial for businesses

General

Your browser is out-of-date!