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Spondoo Accounting
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Spondoo Accounting

Helpful articles

Spondoo

How to Apply for 15 or 30 Hours of Free Childcare in England

Navigating the process of applying for free childcare hours in England can be daunting, but with the right guidance, you can ensure your child gets the education and care they deserve. Here are some essential tips to help you easily determine eligibility, complete your application, and make the most of your childcare benefits.
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How to Apply for Tax-Free Childcare in the UK

Navigating the Tax-Free Childcare scheme can feel overwhelming, but with the right guidance, you can maximise your benefits and save significantly on childcare costs. Here are some essential tips to help you smoothly apply for and manage your Tax-Free Childcare account, ensuring you get the most out of this government support.
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Independent Examinations for Charities: Why They Matter and How We Can Help

If you run a small charity, ensuring that your finances are in order is not just good practice—it's a regulatory requirement. An independent examination is a review of your charity’s accounts, providing limited assurance that everything has been recorded properly and complies with legal standards. Unlike a full audit, an independent examination is less intensive and more cost-effective, making it ideal for smaller charities with simpler financial structures.
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Do you seriously have a Wenlock Road & Shelton Street registered address on Companies House?

Wenlock Road? No Thanks! SpondooWorks Virtual Offices Offer a Professional Solution. A better alternative to Wenlock Road & Shelton Street Address for your business address.
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Companies Must Comply with New Registered Office Address Rules or Face £1,000 Fines

Recent changes to the rules governing registered office addresses mean that companies must now ensure their registered office is an 'appropriate address,' or risk facing penalties of up to £1,000.
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Stay Compliant: Is Your UK Virtual Office or Registered Address Meeting the New Rules?

With the recent changes introduced by Companies House, it's crucial for UK businesses to ensure their registered office or virtual office services meet the new legal requirements. Under the Economic Crime and Corporate Transparency Act 2023, your registered office must now be an 'appropriate address'—a location where official documents are reliably received and acknowledged. Failing to comply could lead to legal penalties, reputational damage, or even your company being struck off the register. Here’s what you need to know to stay compliant and protect your business.
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SpondooWorks: Your Regis Alternative in Hampshire, Surrey & Sussex

As a remote worker or freelancer, the allure of working from anywhere can quickly fade when faced with unreliable Wi-Fi, noisy cafes, and the constant battle for a decent workspace. SpondooWorks offers a solution - a dynamic workspace designed as a refreshing alternative to WeWork, offering a variety of workspace solutions tailored for businesses of all sizes in Hampshire, Surrey, and Sussex.
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Does the s455 Charge apply to Directors' Loans held by UK residents in Foreign Companies?

In most cases, the short answer is 'no'. Understanding the s455 Charge on Directors' Loans for UK residents with interests in foreign companies can be complex. This article clarifies whether the s455 Charge applies, explaining key aspects of UK corporation tax legislation and the impact of international tax laws and Double Tax Treaties. Ensure your financial arrangements are compliant with both UK and international regulations.
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Electric Car Purchased Through Your Limited Company: Insurance & Electricity Costs

Purchasing an electric car through your limited company provides significant financial benefits, including tax relief and lower operational costs. However, managing related expenses, such as insurance and electricity costs, can be complex. Understanding the tax implications and how to handle these costs is crucial to maximizing your investment. This guide outlines key considerations for insuring and charging your electric company car, helping you make informed decisions and optimize your business expenses.
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Understanding UK Tax Codes on Your Payslip

Tax matters can often be complex, whether it's dealing with self-assessment, business expenses, or understanding the array of UK tax codes. To simplify this, here's a comprehensive guide to help you understand what your tax code signifies.
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Meeting Rooms near Godalming: Enhance Your Business Engagements with SpondooWorks

Looking for top-notch meeting rooms near Godalming? SpondooWorks offers businesses exceptional meeting spaces with high-speed Wi-Fi, modern AV equipment, and comfortable yet professional settings. Book your meeting room today for a successful and productive gathering!
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Meeting Rooms near Petersfield: Elevate Your Business Gatherings with SpondooWorks

SpondooWorks provides high-quality meeting rooms near Petersfield. Our features include top-notch AV equipment, high-speed Wi-Fi, and a professional design to elevate your business meetings. We offer a convenient booking system, easily accessible locations, and additional amenities to ensure a successful meeting experience.
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SpondooWorks: Meeting Rooms Near Midhurst

SpondooWorks provides high-quality meeting rooms near Midhurst. Their features include top-notch AV equipment, high-speed Wi-Fi, and a professional design to elevate your business meetings. They offer a convenient booking system, easily accessible locations, and additional amenities to ensure a successful meeting experience.
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Meeting Rooms in Haslemere & Liphook

In today's fast-paced business world, professional meeting spaces are crucial for making a good impression. SpondooWorks offers exceptional meeting rooms in Haslemere and Liphook, designed to elevate your business meetings with features like state-of-the-art facilities, flexible booking options, and a professional atmosphere.
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Registered Address for Your Business in Haslemere, Surrey

Looking to elevate your business presence in Haslemere, Surrey? SpondooWorks provides tailored registered address services, offering privacy, legal compliance, and essential office amenities to support your success.
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Can I pay dividends to my children?

Yes, you can pay dividends to your children by making them shareholders in your limited company. Dividends for children under 18 exceeding £100 annually will be taxed on your tax return, while dividends for children 18 and over will be taxed under their own tax bracket.
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Where Do I Pay Taxes When Working for a UK Charity Overseas?

This article is intended for individuals employed by a UK-registered charity who are working overseas. It addresses the question of where your income tax will be due.
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Living Overseas and Working for the UK Government: Can You Be a Non-Resident for Taxes?

Working for the UK government overseas (MoD, Foreign Office, etc.) as a Crown Servant usually means your salary is taxed in the UK. But what about your other income, like rentals or freelance work? This guide explains how your Crown Servant status doesn't automatically disqualify you from being a non-resident for UK tax purposes on your non-employment income.
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Registered Address & Virtual Office for Your business in Haslemere, Surrey

Tired of the high cost of a physical office? SpondooWorks provides virtual office solutions for businesses of all sizes in Haslemere, UK. Our services include a prestigious business address, secure mail management, and additional support like printing and scanning. Focus on your business success with SpondooWorks!
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Find Your Perfect Event Space in Haslemere, Surrey

Are you looking for a stylish and well-equipped venue to host your next corporate event in Haslemere, Surrey? Look no further than HasleWorks, your one-stop shop for co-working space and professional meeting room hire.
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How to Sync Xero Data to Bing Maps with Power BI

Have you ever wanted to visualise your Xero data on a map? Our new report lets you do just that, leveraging the power of Bing Maps and Power BI. This innovative solution integrates your Xero data with location identifiers, allowing you to see how your expenses are distributed geographically in stunning detail.
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Accountants for Members Clubs and Associations 

Looking for expert accountants who understand the unique needs of members clubs and associations? At Spondoo Accountants, we understand that clubs and associations have unique financial needs. That's why we go beyond basic accounting to provide tailored support that helps your organisation thrive.
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SpondooWorks: Your WeWork Alternative in Hampshire, Surrey & Sussex

As a remote worker or freelancer, the allure of working from anywhere can quickly fade when faced with unreliable Wi-Fi, noisy cafes, and the constant battle for a decent workspace. SpondooWorks offers a solution - a dynamic workspace designed as a refreshing alternative to WeWork, offering a variety of workspace solutions tailored for businesses of all sizes in Hampshire, Surrey, and Sussex.
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Spondoo Accountacy Services for Aria Grace Lawyers

At Aria Grace Law CIC, you can focus on what matters most – your clients – while Spondoo Accountancy takes care of your financial health. As your trusted accounting service providers, we understand the importance of efficient and reliable accounting for your law firm.
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Selling Your Accountancy Practice Made Easy!

Are you considering retirement or transitioning to another business endeavor? Perhaps you're contemplating selling your accountancy practice? If so, we at Spondoo Accountants extend a warm invitation to discuss the potential sale of your practice.
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Who Qualifies for Tax-Free Personal Allowance in the United Kingdom?

Curious about the UK's Tax-Free Personal Allowance? Uncover eligibility insights for UK residents, non-residents, and individuals associated with Crown Service in our comprehensive guide. Explore how nationals from Double Taxation Treaty countries can leverage tax benefits, empowering informed financial decisions.
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Is my Soho House or David Lloyds Membership Tax Deductible? HMRC's view on claiming Club Memberships via your business

Amidst the evolving landscape of remote work and versatile co-working spaces, the question of tax deductibility looms over memberships at Soho House or David Lloyd's for businesses. Delve into this intricate matter as we navigate HMRC's perspective, revealing crucial insights on leveraging club memberships for business expenses. Discover expert strategies to differentiate leisure from business costs, ensuring compliance and potential tax benefits. Let's uncover the complexities together and gain clarity on optimizing your business expenditures in the most effective manner.
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Understanding the Scope of Our Right to Manage Accounting & Bookkeeping Service

Explore a world of financial excellence with our Right to Manage Accounting & Bookkeeping Service, designed for seamless compliance and efficient financial governance. From annual budget preparation to statutory filings, our expert team ensures transparency and adherence to regulatory standards. Elevate your financial management with our extended services, featuring transaction posting and proactive service charge collection. Tailored for RTM members, our commitment to compliance and financial efficiency sets the stage for a resilient and empowered community.
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Germany VAT Filing for UK and Non-EU Amazon Sellers

Navigating VAT requirements in Germany as a UK or non-EU Amazon seller can be complex. From understanding filing deadlines to utilizing the German VAT portal, this article simplifies the process and offers expert guidance for seamless compliance. Stay informed and ensure a successful European market expansion.
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Is it possible for siblings to invest in your startup and qualify for SEIS or EIS relief?

Launching a startup? Discover the power of SEIS and EIS tax incentives for your investors. Learn how siblings can join your journey and fuel your success, while we explore who's eligible and how these schemes can benefit your business.
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Is the Winter Fuel Payment taxable? How to handle my Winter Fuel Payment (WFP) in my 2022/23 tax return

Explore the In-Depth Guide to the Winter Fuel Payment (WFP) – a vital lifeline as the UK winter approaches. Our comprehensive resource offers a deep dive into every aspect of the WFP, from eligibility criteria and payment calculations to claiming procedures. Whether you're planning for the upcoming winter season or seeking to understand the nuanced intricacies of the Winter Fuel Payment, our guide is your compass in the world of financial assistance. Stay ahead, grasp your eligibility, and maximize the full potential of this essential benefit.
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What is Dis-incorporation?

Dis-incorporation involves the intricate process of transitioning from a limited company to an alternative, non-incorporated legal structure, such as sole proprietorship, unincorporated partnership or unincorporated association.
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UK VAT FOR AMAZON FBA SELLERS - WHEN DOES AMAZON AUTOMATICALLY COLLECT VAT FOR NON-UK AMAZON SELLERS?

Navigating the intricacies of UK VAT for Amazon FBA sellers is vital for a smooth and successful e-commerce journey. Whether you're a non-UK resident running a limited company or shipping directly to UK customers, understanding when and how Amazon collects VAT is crucial. In this comprehensive guide, we'll break down the essentials and offer expert tips to help you stay compliant and streamline your VAT processes.
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SPONDOO: YOUR TRUSTED ACCOUNTANTS FOR PUBS & BARS

Running a successful pub or bar requires not just a passion for hospitality but also meticulous financial management. That's where Spondoo comes in. As a team of licensed accountants, bookkeepers, and tax advisors, we specialize in providing tailored support to the pub and hospitality sector. With nearly a decade of experience serving pub & bar tenants, freeholders, leaseholders, breweries, and importers/exporters, we've honed our expertise to navigate the unique financial challenges of this industry.
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It could be time to close those unnecessary limited companies House - New Associated Company Rules

New Associated Company Rules: Time to Consider Closing Unnecessary Limited Companies With the introduction of the New Associated Company Rules by HMRC in April 2023, business owners with multiple limited companies are facing significant changes to their tax obligations. These rules are intricately linked to the recent upward adjustment in corporation tax rates, designed to impact profits exceeding £50,000 per year. As the tax rate escalates to 25% for profits over £250,000, it's crucial for business owners to comprehend the implications of these changes and consider whether closing unnecessary limited companies might be a strategic move.
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I'm selling assets from my company; do I need to charge VAT? Cars, Vans, Furniture, Computers & Tools

If you are selling assets owned by your VAT registered business, the general rules on whether or not to charge VAT are as follows:
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Non-UK Organisations - How to setup and operate a branch in the United Kingdom?

First, you need to notify Companies House by completing the Form OS IN01 here: https://assets.publishing.service.gov.uk/government/uploads/ system/uploads/attachment_data/file/949740/OS_IN01-V7.0.pdf. Yes, in the 21st century this form still needs to be posted to the following addresses based on whether or not you are registering your branch in England, Wales, Scotland or Northern Ireland:
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VAT and Independent Supported Living (ISL) - be careful, not all care services are VAT exempt!

As expert accountants in the care sector, we have encountered numerous instances where Independent Supported Living (ISL) providers mistakenly assume their services are exempt from VAT. However, this assumption is not always accurate, and non-regulated ISL providers may be required to register for VAT and charge it at a Standard Rate of 20%. If your ISL service is not state regulated, you might need to backdate your VAT registration if your revenues exceed £85,000 per annum. Moreover, from October 2023, all private ISL providers must register with OFSTED to continue trading legally, which could require additional VAT registration and deregistration processes.
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Accountants for Support Living Service Providers

Are you a Support Living service provider seeking reliable accounting and tax solutions tailored to your industry's unique needs? Look no further! Spondoo Accountants, a team of fully licensed and experienced accountants and tax advisers, has been supporting care organizations for over a decade. We specialize in navigating the complexities of state regulations, such as those from the Care Quality Commission (CQC) and OFSTED. From preparing statutory accounts and handling tax returns to providing financial plans and registration support, our comprehensive services ensure your business stays compliant and financially sound.
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Charging VAT when my customer is in the UK, but the construction project or oil rig is outside the UK?

As a UK business providing services to a UK customer, it's essential to understand the specific rules regarding VAT charging for projects outside the UK. While you typically charge VAT at the Standard Rate (20%) for services provided within the UK, special considerations apply when dealing with construction projects or oil rigs located outside the UK. In such cases, the VAT treatment is determined by the location of the land or oil rig itself rather than the customer's location. This article provides insights into the VAT treatment for UK businesses in such situations.
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Information provided on the site is merely guidance that may change in line with UK law and regulations. Users must not consider this to be financial advice or their sole resource when making any financial decision. Spondoo is a trading name for Accounting SQL Limited, authorised & license accounting firm under the Institute of Financial Accountants.
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