Blog

CKLG’s digital accounting journey.

Feb 7, 2020

Most accounting software is now cloud-based but how do you know what is right for you? We started our journey with digital technology 8 years ago when we were looking for a cloud-based accounting system for our business clients. We spent time considering the various...

Selling a property – New Capital Gains Tax Rules Apply

Jan 16, 2020

From 6 April 2020, UK taxpayers will need to report a capital gain and settle the Capital Gains Tax due on the sale or gift of a residential property within 30 days of completion to HMRC. This new reporting requirement applies even if you already complete and file a...

CKLG Accountants painless guide to completing your 2018-19 Tax Return

Jan 14, 2020

Thousands of taxpayers filed their Tax Return over the festive period. For those of you who wrapped presents, peeled sprouts and did more than their fair share of the washing up, here are some last minute tips to help you complete your 2018-19 Tax Return. The 31...

Our ever-changing world of political leaders and tax policies …

Dec 11, 2019

Its been an eventful year in British politics! Our Prime Minister faces multiple economic challenges in their term of office, from artificial intelligence to climate change and an ageing demographic. It is not just about settling the paralysis of Brexit, changes to...

Unlock your business potential with digital accounting

Nov 25, 2019

For many of us, when we hear the words artificial intelligence or machine learning we immediately conjure up the notion of human-like robots taking over the world and forcing the slow demise of the human race, as we know it. While these concerns may have their roots...

Unexpected tax implications on separation and divorce

Nov 13, 2019

When you are going through a separation or divorce, tax will be the last thing on your mind. However, finding out later that you should have done something earlier will add to your stress. To make matters worse, the date which you work to will be different for...

For small businesses cloud-based accounting systems are the way forward

Nov 1, 2019

Technology has changed our world and is continuing to do so at an ever-increasing pace. Running a business is not immune to the advancement of artificial intelligence and machine learning; especially the bookkeeping and accounting function. Computers are so much...

Growing businesses embrace technology to thrive and enable VAT Making Tax Digital

Oct 16, 2019

Small businesses have more access to technology than ever before! The development of software as a service market in the cloud has allowed small businesses to access high-powered software for small monthly fees, which in the past, would have required large capital...

The introduction of ‘Off-Payroll Working (IR35)’ how will it affect you?

Sep 17, 2019

From April 2020, many of you who supply your services through a personal service company to large and medium sized businesses may find your fees are paid after Income Tax and National Insurance has been deducted. Under the new Off-Payroll Working (IR35) rules, it will...