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SHORT AND SONS ACCOUNTANTS LTD


HMRC Lose VAT Appeal Against Taxi Services!
A recent tax tribunal ruling involving Bolt could have big implications for the private-hire and taxi industry - including black cab...
Lewis Chapman
1 min read
7 views


Key Tax Changes for the 25/26 year!
The new tax year will bring about many changes for everyone in the UK, whether you are a sole trader, limited company, employer, or so...
Lewis Chapman
2 min read
15 views


Making Tax Digital for Income Tax - What Do You Need To Know?
Tax for the self-employed and Landlords is changing drastically, Making Tax Digital for Income Tax (MTD for IT) is predicted to affect...
Lewis Chapman
3 min read
57 views


Changes to penalties for MTD for IT
Making Tax Digital for Income (MTD for IT) is bringing a colossal change to reporting for many people. While putting together our guide...
Lewis Chapman
2 min read
13 views


Are you ready for the 2025 Tax Year?
We can start filing your self-assessment tax returns once the 2025 tax year is over after the 5th of April 2025. Now is the time to get...
Lewis Chapman
2 min read
6 views


Time to sell your Furnished Holiday Let? The spring budget impacts on FHLs...
The Spring budget brings about many changes relevant to all taxpayers in the UK. From April 06, 2025, owners of furnished holiday lets...
Lewis Chapman
3 min read
21 views


Black Cabs to Booming Businesses: How Short & Sons Accountants Empowers Staines
Short and Sons Accountants was started by a Licensed London Taxi Driver in 2017 as a dedicated Taxi-Accountant for drivers. The aim was...
Lewis Chapman
2 min read
32 views


Reduce Tax on Profits: Smart Extraction for Ltd Co
Short and Sons Accountants have revisited the most effective way for a director to extract profits from their small limited company. We...
Lewis Chapman
4 min read
597 views


Spring Budget 2024: How it Affects You
The 2024 Spring Budget delivered a mixed bag of news, but overall, it offers positive steps for self-employed individuals, employees,...
Lewis Chapman
2 min read
27 views


New Rules for Zero-Hour Holiday Pay
A much-needed change is coming to holiday entitlement for zero-hour, irregular-hour, and part-year workers. The change aims to simplify...
Lewis Chapman
2 min read
27 views


Hiring Made Easy: A Guide to HMRC Compliance for New Staff
Expanding your team? Congratulations! But before welcoming your new employee, ensure you meet your HMRC obligations. This quick guide...
Lewis Chapman
2 min read
28 views


HMRC Backtrack on Double Cab Pickup Vans
HMRC U-turn on Double Cab Van Tax! No reclassification of cars after industry outcry. Savings for businesses & farmers.
Lewis Chapman
1 min read
15 views


Side Hustle Taxes UK: Don't Get Caught Out!
Let your side hustle flourish Boost your income, not your tax worries. Whether you're flipping vintage finds on Etsy or crafting...
Lewis Chapman
1 min read
36 views


FCA Seeking Fair Value for Gap and Other Insurance Products
The FCA has communicated to insurers that they must act to ensure that their products provide fair value to their customers.
Lewis Chapman
2 min read
6 views


Directors Dividends - Are Your Reports HMRC Ready?
HMRC is investigating and contacting company directors that it suspects have earned dividends without declaring them in their taxable...
Lewis Chapman
1 min read
34 views


Tax Scams: Don't Let Them Bite!
Over the years, our scam-savvy clients have reported many suspicious letters, emails, phone calls, and other communications to us. Short...
Lewis Chapman
3 min read
18 views


Pay Less Tax in 2024 - National Insurance Cuts Explained
UK employees & self-employed benefit from NIC cuts. Save on NI bills! [Read tips for both] #taxcuts #NICs #UK
Lewis Chapman
2 min read
50 views


VAT for black cab drivers and PHVs
Short and Sons Accountants are no strangers to London's black cab industry, nor are we strangers to VAT. Black cab drivers and Private...
Lewis Chapman
4 min read
202 views


Your accounting year-end may change in 2024!
While filing for the 2022/2023 tax year, Short and Sons Accountants noticed that many taxpayers' accounting years finish before April...
Lewis Chapman
3 min read
410 views


ULEZ Scrappage Scheme: Get £2,000 to Upgrade Your Vehicle
The Ultra Low Emissions Zone (ULEZ) is expanding to cover all London boroughs from 29 August 2023. ULEZ is designed to combat poor air...
Lewis Chapman
2 min read
18 views


Full State Pension: Secure Your Future Now!
Time is Running Out: Did you know there's a limited-time opportunity to maximize your future state pension? The government is offering...
Lewis Chapman
2 min read
330 views


Annual Tax on Enveloped Dwellings: What You Need to Know
The Annual Tax on Enveloped Dwellings (ATED) is a tax imposed on residential property held within a Ltd Company.
Lewis Chapman
2 min read
25 views


Why is it important to file your tax return early?
Here we ask the question, why should you file your tax return early?
Lewis Chapman
3 min read
360 views


Understanding the Construction Industry Scheme: A Comprehensive Introduction for Contractors & Subcontractors
The Construction Industry Scheme (CIS) aims to combat non-compliant self-employed workers who fail to register their cash-in-hand pay...
Lewis Chapman
3 min read
29 views
Useful Information & Tax Tips
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