asic Rates and Allowances
What is my personal allowance for the current year? What is the higher rate tax band and what is the current annual exempt amount for capital gains tax? The answers to these questions and more are available in the rates and allowances page.
The page provides a comprehensive set of tables of many recognised rates and allowances covering the current and previous tax years, updated annually.
A page dedicated to local businesses in the Macclesfield and Cheshire area supported and recommended by BIBB. More businesses will be added throughout this business journey.
Also contains links to national accountancy, finance and business-related sites such as HMRC and Companies House.
ccounting Tools and Calculators
A useful set of free online calculators to provide instant approximations of various financial scenarios such as:
- Comparison of benefits of your business structure as a sole trader, partnership or limited company.
- Determining net pay from gross pay.
- Determine how much you can offset against your tax bill for time spent working from home.
Please visit the first of these calculators made available – Home as Office Calculator. (more to follow).
Please also be advised that use of the calculators within the site cannot be considered a substitute for professional advice.
Back In Black Books is a recognised and Certified Xero partner fully supporting your business through the transition to an online cloud-based accounting solution should this be a business model you wish to pursue.
Xero makes your business life easier and is online accounting software that connects you with your numbers, your business and us, your advisors. Anytime, anywhere from any device. Please contact us for further details.
ey Accounting Terms
Have you ever heard your accountant refer to financial jargon and terms that are unfamiliar to you?
Are you bamboozled when hearing terms such as accruals or cash accounting, flat-rate VAT, return on capital employed or dividends?
If this is the case and you wish to gain a better understanding and appreciation of these terms, please take a look at this page for what is effectively a glossary of accounting terms and phrases.