Author Archives: Karen Levett

Starting up a new business ? Get an accountant now !

As a new business you will probably need to hire an accountant when it is time to prepare your first set of annual accounts and make your first tax return. Hiring an accountant before that would be unthinkable for many … Continue reading

Happy New Tax Year !!!

Happy New Tax Year !!! Yes, the 6th of April has rolled around again, the second new tax year in lockdown. Now is a great time to plan forward for the year, to think about where your business is going, … Continue reading

Tax Year End

The 2020/2021 tax year end is almost upon us so now is a good time to think about whether there is any action you need to take before the 5th of April. For example: Do you need to purchase any … Continue reading

Starting up a new business ?

Starting up a new business can be exciting and nerve racking at the same time. Where do I start ? Will I get enough customers and clients ? How will people know I’m here ? What tax will I have … Continue reading

Networking, love it or hate it ?

Networking……. When I first started up Levett & Associates I knew I needed to get out there and do some networking so that the world knew I was there. However, the idea filled me with dread. Just the thought of … Continue reading

The importance of having a qualified accountant on your team

Did you know that, unlike the term ‘solicitor’, legally anyone can call themselves an accountant, they don’t need to have any training qualifications or experience. I am a chartered certified accountant, regulated by the Association of Chartered Certified Accountants (ACCA) … Continue reading

Budget Highlights Spring 2021

On Wednesday last week the Chancellor, Rishi Sunak, delivered the Government’s Budget for 2021. In his speech, the Chancellor accounced extensions to a number of curernt Covid-19 schemes, alongside additional support for individuals and businesses. Some of the key highlights … Continue reading

Tax, tax and more tax !

Tax his land, tax his wage, tax the bed is which he lays Tax his tractor, tax his mule, teach him taxes is the rule Tax his cow, tax his goat, tax his pants, tax his coat Tax his ties, … Continue reading

Capital gains tax on property – pay and file within 30 days

Where a residential property is sold and both the exchange and completion dates fall on or after 06 April 2020, the vendor, or their agent, must file an online return of any taxable gain arising and pay the capital gains … Continue reading

Change your accountant and change your life !

Law of missing out – you read three quarters of an email and miss the only really important part, which is always found towards the end Law of probability – the probability of being watched is directly proportional to the … Continue reading