Early retirement may sound like a big dream, but it is achievable if you’re willing to do some planning and stick to your strategy. Here are four steps you can take to put yourself in a position to retire early. 1. Figure out how much money you’ll need after you retire This involves figuring out what age you want to retire at–if you want to retire at 55 you’ll need… Read more
There is one thing we can all say – 2020 is a year like no other! The situation in the world is rapidly changing and the UK government has acted fast to change with it. Long gone are the times when monthly Continuous Professional Development (CPD) at Guildford Accounting was about obscure and complex tax problems, we are busy learning about changes that affect almost every household in the country.… Read more
It has long been a rule for the directors of small companies that along with their companies’ financial statements, they are also obliged to submit their own personal tax returns on the basis of their holding a director position in the company. HMRC lists the factor of being a director of a limited company as a trigger for issuing a self-assessment request. Indeed, many directors have had to submit their… Read more
If you are anything like me, then you used to work from home now and then, hospital appointments, plumbers, deliveries but a majority of the time we were stuck in the office. When the lockdown started, suddenly all that changed. Millions of us stopped going to the office and started working from home full time. Suddenly the dinner table ceased to be just for eating and became a battleground for… Read more