From 1 March 2021, the domestic reverse charge must be used for most building and construction services supplies. This does not include building materials. Therefore, if your business only [...]

CIS stands for Construction Industry Scheme.  Under the scheme, contractors make deductions from their payments to subcontractors. They then pay the amounts they deduct over to HMRC, and they [...]

This is a task that we see carried out all the time – and rarely is it done properly with the correct planning and considerations. And usually, price conscious people will try to do it [...]

Something that’s largely misunderstood by people who need an accountant is what the accountant is actually expected to do for them. Accountancy is such a huge remit – and can cover many [...]

Claiming mileage for travelling you do in your job is a fairly normal thing to do. Most employers choose to pay the full tax free amount per mile to their employees which is 45p per mile. This [...]

Working from home has become the latest craze borne out of necessity, with some (like me) doing it only when I absolutely have to and others relishing the opportunity to balance their work and [...]

The pros and cons of donating to charity aren’t exactly what we’re here to advise on. We’re more focused on the tax advantages of doing so – and the disadvantages because sometimes it’s not [...]

As accounts for small businesses, we understand that there are some really detailed advantages and disadvantages to incorporating a small business. In this blog we’ll cover some of the more [...]

Being experienced year end accountants, a frequently occurring issue we see with our clients is where they go from paying one self assessment tax amount in January each year, to one in January [...]

We’re proud Xero Accountant specialists, having been their first accounting firm partner in Leicester when MNE began. We’ve been implementing Xero systems and migrating clients from systems like [...]