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AI and the Future of Accountancy in West London

AI and the Future of Accountancy in West London

Artificial intelligence is no longer a futuristic concept – it is already transforming the way accountancy firms everywhere and across West London and Ealing work. But rather than replacing accountants, AI is enhancing the profession, freeing up time for more...
Step by Step Guide to Self-Employment Tax Return

Step by Step Guide to Self-Employment Tax Return

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,...
Preparing for Making Tax Digital

Preparing for Making Tax Digital

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...
Tax Rules for Your Side Hustles

Tax Rules for Your Side Hustles

Engaging in side hustles has become an increasingly popular way to supplement income and pursue passions. However, it’s essential to understand the tax obligations associated with various types of side activities. Here’s a breakdown of five common side hustles...
Second Payment Deadline

Second Payment Deadline

Second Payment Deadline HMRC deadlines can be quite confusing sometimes, and we would like to remind everywhere that if you’re making advance payments towards your tax you owe. Advance payments are called payments on account. You have to make 2 payments on...