The Hollies Bookkeeping are finalists in the LUCA Bookkeeper’s awards!
The Hollies Bookkeeping Services in Shropshire is delighted to announce we are finalists in the LUCA awards, better known as the Oscars of the Bookkeeping Awards!
We entered the awards earlier this year and were recently revealed as one of six finalists in the Large Practice of the Year category.
After much discussion and deliberation from our judges we are pleased to announce the finalists for the LUCA Bookkeepers Awards 2025. The finalists have been chosen by a panel of independent judges as the very best from this year’s impressive selection of entries.”
The team will find out if they are winners at the awards dinner on 17 November at the QEII Centre, London.
Identity verification launches November 2025 — make sure you’re ready!
From 18 November 2025, new legal requirements under the Economic Crime and Corporate Transparency (ECCT) Act 2023 mean all company directors and people with significant control (PSCs) must verify their identity with Companies House.
This change is designed to reduce fraud and improve corporate transparency.
Please contact The Hollies Bookkeeping Services on 01743 790086, email info@holliesbookkeeping.co.uk or visit www.holliesbookkeeping.co.uk
Taxpayers encouraged to ensure returns are correct and complete
HMRC has released updated Guidelines for Compliance (GfC13), outlining its expectations of taxpayers who may be considering applying novel or unlikely interpretations of tax law, or who are uncertain about how the law applies when preparing tax returns or related documents.
Please contact The Hollies Bookkeeping Services on 01743 790086, email info@holliesbookkeeping.co.uk or visit www.holliesbookkeeping.co.uk
Mistakes small businesses and the self-employed should avoid
Even though it’s important to make sure your financial records are accurate, it’s not often the most exciting part of working for yourself, so here are some mistakes small businesses and the self-employed should avoid.
It’s easy to focus on the more enjoyable aspects of running your business, but pushing bookkeeping to the back of your mind – and letting the documents pile up – really can cause you issues down the line.
Please contact The Hollies Bookkeeping Services on 01743 790086, email info@holliesbookkeeping.co.uk or visit www.holliesbookkeeping.co.uk
Making Tax Digital for income tax is a key part of the Government strategy.
This month here at The Hollies Bookkeeping in Shropshire we want to provide you with a summary of the key measures announced by the government as part of a tax administration and simplification update,
These measures announced at the end of April, include a welcome delay to plans for mandatory payrolling of benefits in kind (BIK).returns digitally. They’ll also move from an annual return to quarterly returns.
If you are concerned about how any of the changes could affect your business, please contact The Hollies Bookkeeping Services on 01743 790086, email info@holliesbookkeeping.co.uk or visit www.holliesbookkeeping.co.uk
Government announces raft of tax simplification measures
This month here at The Hollies Bookkeeping in Shropshire we want to provide you with a summary of the key measures announced by the government as part of a tax administration and simplification update,
These measures announced at the end of April, include a welcome delay to plans for mandatory payrolling of benefits in kind (BIK).returns digitally. They’ll also move from an annual return to quarterly returns.
If you are concerned about how any of the changes could affect your business, please contact The Hollies Bookkeeping Services on 01743 790086, email info@holliesbookkeeping.co.uk or visit www.holliesbookkeeping.co.uk
Making Tax Digital for income tax – a guide for landlords
MTD for VAT-registered businesses was rolled out for those with turnover above the VAT threshold in 2019 and extended to all VAT-registered businesses in 2022.
What is MTD for ITSA?
The next stage of the initiative is Making Tax Digital for income tax and Self Assessment (MTD ITSA). This will require Self Assessment taxpayers to use government-approved software to file their tax returns digitally. They’ll also move from an annual return to quarterly returns.
If you are concerned about how any of the changes could affect your business, please contact The Hollies Bookkeeping Services on 01743 790086, email info@holliesbookkeeping.co.uk or visit www.holliesbookkeeping.co.uk
Hiring a Bookkeeper can improve your health
It has actually been proven that hiring a bookkeeper can improve your health!
Yes, you heard us right! And we are going to tell you how and why! Getting help with your books might not be something you have given much thought to as ways to improve your health and lifestyle go.
But speaking to our clients, they often tell us that as business owners, the last thing they want to do at the end of a busy day is crunch the numbers.
Benefits of Updating Bookkeeping and Accounting Records
Every business should regularly update its bookkeeping and accounting records, so business leaders can make the right decision with the figures and future of the business.
Without updated books, any decision regarding product lines, pricing or customer capacity is really just a guess!
Here are three big benefits of updating bookkeeping and accounting records on a regular basis and some tips to get you started with your bookkeeping for your business.