Blog & Insights

Do I need an accountant as a small business or sole trader?

Posted by Dave Hazlehurst, on October 20, 2019.

As a small business, sole trader or freelancer, you are not required by law to have an accountant or bookkeeper. With the increasing popularity of cloud-based accountancy software such as Sage, QuickBooks, and Xero, keeping track of your income, expenditure and submitting your annual tax return has never been easier. So, as a small business, sole […]

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First national successful MTD Income Tax submission

Posted by Dave Hazlehurst, on October 18, 2019.

Just under a year ago Cutter & Co became the first firm nationally to submit a VAT return under the new making tax digital regulations using Sage Business Cloud Accounting software.  HMRCs making tax digital regime became mandatory for VAT return submissions for the period starting after March 2019. HMRC plan to roll out the […]

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How letting relief and deemed PPR rule changes affect landlords post April 2020

Posted by Dave Hazlehurst, on July 18, 2019.

The government has made its intention to increase tax on landlords clear over the last few years.  Further to stamp duty increases, mortgage interest restriction and the higher capital gains tax rates we currently have for residential property they have recently announced further penal changes to letting relief and principal private residence (PPR) relief. At […]

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2019 Charity Announcement!

Posted by Lucy Prosser, on June 28, 2019.

This year we once again made a random selection from charities handpicked by each of our staff, and this time round it was Paul Cutter’s that was chosen. So, we are delighted to announce that for the financial year ended 31st March 2020, Cutter & Co will be supporting The Heart of England Forest. As […]

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Mike Represents Cutter & Co at Sage Roadshow

Posted by Lucy Prosser, on March 11, 2019.

On Tuesday 5th March our manager, Mike Toone, attended the Sage Roadshow to discuss Making Tax Digital. Mike was invited to sit alongside Chris Downing, director of product management at Sage, and Verna Gellvear from HMRC, on a panel which offered advice and guidance to over 200 bookkeepers and accountants on Making Tax Digital for […]

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