by T | Jan 13, 2025 | Blog, News, Uncategorized
It’s that time of year again! The self-assessment tax return deadline is just around the corner, and here at GnC Accounting, we’re here to help small businesses and freelancers in West London get everything sorted on time. The key date to remember is 31st January...
by T | Dec 17, 2024 | Blog, News, Uncategorized
The 31st January deadline for self-assessment tax returns is fast approaching, and it’s crucial to file on time to avoid penalties. At GnC Accounting, we’re here to make the process simple, accurate, and stress-free. Why is the 31st January Deadline Important? If you...
by T | Nov 2, 2024 | Blog, News, Uncategorized
The UK Autumn Budget 2024 introduced by Chancellor Rachel Reeves contains several significant changes impacting pensions, taxes, and household support measures: State Pension: The triple lock on pensions remains, leading to a 4.1% rise in state pension payments from...
by T | Oct 28, 2024 | Blog, News, Uncategorized
UK Non-Resident Landlord Scheme The UK Non-Resident Landlord (NRL) Scheme requires landlords residing outside the UK but earning rental income from UK properties to follow specific tax procedures. Under this scheme, letting agents or tenants who pay rent directly to a...
by T | Sep 18, 2024 | Blog, News
AI and Accounting Generative AI technologies have created quite a buzz, but they often don’t live up to the hype. Accountants and bookkeepers are starting to share how they’re using AI in their day-to-day work – including us at GnC accounting. For ages, tech has...
by T | Aug 18, 2024 | Blog, News
Gift Aid is a UK government scheme that allows charities to claim back tax on donations made by individuals who are taxpayers. When you donate to a charity, if you are a UK taxpayer, the charity can increase your donation by 25 percent at no extra cost to you. This...