Blog
Major Changes to the UK benefits System
Many thousands of households across the UK will be affected by changes to the benefits system from April 2013, all part of government plans for the biggest shake-up of the welfare system for decades. Government ministers argued that the changes were necessary to...
Contractors, Do You Price Your Tenders Correctly?
https://youtu.be/u7P3InPC5_Y I went to see a contractor recently who was concerned that he was under-pricing his contracts. I explained to him that this was common in the industry and that under-pricing the contracts would inevitably lead to losses being...
What Exactly Are Tax Credits & Who Can Get Them?
There are two types of tax credits – child tax credits and working tax credits, you might be eligible for one or both of them, depending on your circumstances. Child Tax Credits Child Tax Credit is available to people responsible for a child or young person, who have...
How A Creative Business Can Minimise Tax Payments
https://youtu.be/COiXnbR7opk A client who is a composer explained that he was about to sign a major contract on a piece of work. This would bring in huge amounts of money in the second year but nothing in the first year. I suggested that he form a limited...
Have you received a bombshell from the Inland Revenue?
https://youtu.be/uPhSrLwp-8s Have you received a bombshell from the Inland Revenue? Did you ever think how they were able to find you? I’m Robert Green of Green and Peter, Creative Chartered Accountants in North London. Let me give you an example. Somebody came...
The History of Income Tax – A Fighting Fund
UK Income Tax – How It All Began In the United Kingdom, a tax on income (Income Tax) was first announced in 1798, and introduced into our lives the following year. It was introduced primarily as a way of raising monies to pay for the war Britain was fighting against...
Advantages of early VAT registration for your business
https://youtu.be/_2e9QRu2igU Some time ago, a client had set up a film production company and he was about to produce a film that would take some 2 years to make. Therefore no income would be derived by the company for at least 2 years. I explained to him that...
Restaurants, are you happy with the profits from your wine & beverage sales?
https://youtu.be/kjnSJM2B1QI Hi, I’m Derek Peter of Green and Peter, Creative Chartered Accountants based in North London. Let me give you an example. I recently went to see a restaurateur who was concerned about the level of the profits on his sales of wines...
Are you a creative person and dread having an accountant?
https://youtu.be/x82xyzUr-Ic Are you a creative person and dread having an accountant? It doesn’t have to be this way. We are creative chartered accountants, and we deal with lots of creative industry, people like artists, sculptors, fashion, music, TV, film,...
Celebrity accountants- Some of our famous celebs who started off in the accountancy trade!
Accountants are boring? The world of accountancy has a somewhat undeserved reputation of being rather dull and boring. Not so when you look at some of the creative and artistic types that intended to join the profession and studied hard to do so, before following a...