by T | Mar 30, 2026 | Blog, News
Making Tax Digital (MTD) for Income Tax is one of the biggest changes to the UK tax system in recent years, and businesses across West London—including Acton and Ealing—need to start preparing now. HMRC’s initiative is designed to modernise tax reporting by replacing...
by T | Oct 30, 2025 | Blog, News
At GnC Accounting, serving businesses across West London, we know that one of the biggest drains on time and energy for small companies is invoicing and bookkeeping. Tasks like generating invoices, chasing late payments and updating records can take away from doing...
by T | Aug 25, 2025 | Blog, News, Uncategorized
Navigating your Self-Assessment tax return as a self-employed individual doesn’t have to be daunting—with GnC Accounting right here in West London to support you every step of the way. 1. Do You Need to File? If you earned more than £1,000 from self-employment,...
by T | Jul 26, 2025 | Blog, News, Uncategorized
From April 2026, Making Tax Digital (MTD) for Income Tax Self-Assessment becomes mandatory for anyone earning over £50,000 through self-employment and/or property. If you’re based in Ealing, Acton, Chiswick or anywhere in West London, this change could affect you. The...
by T | Jun 28, 2025 | Blog, News, Uncategorized
Despite the withdrawal of paper banknotes and old-style coins, a staggering £6.6 billion remains unreturned in the UK. The Bank of England has revealed that 375 million paper notes are still in circulation — including 160 million £20 notes and 46 million £50 notes —...
