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Mental Health at work

The importance Life is all about balance. Working 5 days a week can be a high-stress environment that can at times take over our personal lives. There is no doubt that work lives play a big emotional part in our overall outlook on life, with tight deadlines, late evenings, busy days, the rise of social … Read more

Capital Gains on Residential...

Many taxpayers are unaware of the statutory requirements around declaring and paying capital gains tax (CGT) on the disposal of certain residential property. The process differs compared to other assets falling within the CGT regime, and HMRC are likely to levy penalties and interest on any non-compliance. We’ve written this blog to provide clients with … Read more

Channel Tools – Casestudy

“I have been using Sterling Accounting Solutions for more than 5 years now and putting it in one sentence I can say that they not only exceeded what I needed and expected from a firm of accountants but have steered us through to a complete digital transformation” About the company: Channel Tools is a full-service … Read more

SAS goes to Xerocon

What is Xerocon? Xerocon is an annual accounting technology conference organised by Xero, which inspires accountants and bookkeepers to lead the way in a new era of cloud solutions for small businesses. Unlike any other conference Xerocon is labelled as the “Glastonbury for accountants”, it provides accountants and bookkeepers who use Xero all across the … Read more

Is it time for...

The Benefits of Electric Vehicles As we move away from petrol and diesel vehicles, many businesses are considering if now is the time to make the switch to electric. It’s no secret that the government is encouraging this transition, and they have introduced some fairly enticing incentives to both businesses and individuals.   The Salary … Read more

What is a self-assessment...

‘Payments on account’ are advance payments towards your tax bill which HMRC ask individuals to pay if their tax bill exceeds £1,000, and if the majority of income is untaxed at source (i.e. self-employed profits). You will not need to make a payment on account to HMRC if: Your tax bill was less than £1,000 … Read more

Companies House Reform

⚠️Small companies will soon need to file statutory accounts that include a profit & loss report⚠️ A draft bill has now been published accompanied by a white paper listing proposals to reform Companies House due to an increased number of sanctions being imposed on Russia. To identify any suspicious activity, they would need to know … Read more

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