Welcome to the Ellacott Morris Accountancy Blog – Your Gateway to Financial Clarity!
Discover simplified insights and expert advice on tax, accounting, and financial management. At Ellacott Morris, we're not just number crunchers; we're your partners in prosperity.
Explore articles tailored for businesses and individuals, covering tax-saving tips, accounting essentials, and the latest financial trends. We break down complex topics into straightforward steps, making finance accessible to everyone.
Our friendly team of accountants is here to empower you with the knowledge needed to make informed decisions. Stay ahead in the financial game with Ellacott Morris by your side.
Prosperity begins with understanding. Let's navigate the world of finance together – welcome to the Ellacott Morris Accountancy Blog!
How Much Does an Accountant Charge?
AnjuliSymondsSunday, February 18, 2024
Hiring an accountant in the UK can be a critical decision for businesses of all sizes. However, the cost of hiring an accountant can vary depending on several factors, including the complexity of your financial situation, the size of your business, and the specific services you require.
To Buy or not to Buy
BimalaWyattThursday, January 25, 2024
When it comes to choosing a commercial van for your business, there are several options for you to consider. It can be confusing to know which is the most financially suitable and sensible option for your financial arrangements. We’re here to help you avoid any bumps in the road and make the best decision for your business…
Making Tax Digital – Are you Ready?
JordanWyattThursday, January 25, 2024
The way that self-employed taxpayers submit their self-assessment tax returns in set to change… It’s important to be aware that if you own a business or are self-employed and pay income tax, national insurance, VAT or corporation tax, then it is likely you will be affected by the arrival of Making Tax Digital (MTD).
IR35 – What’s it all about?
AnjuliSymondsThursday, January 25, 2024
IR35 is a piece of tax legislation that was enforced in 2000, designed to reduce exploitation of the tax system by contractors supplying their services through a limited company when really the role they are undertaking should be that of an employed person.
When can I Claim Food & Drink as a Business Expense?
KarenRaiThursday, January 18, 2024
Now, here’s a question we get asked A LOT by our self-employed clients…
Q - When can I claim food and drink as a business expense?
Let us provide you with the answers – although, sadly it’s not as straight forward as you might have hoped….
Letting Out Your Property as a Holiday Home
JamesMorrisThursday, January 18, 2024
Gaining a rental income by letting out your property as a holiday home is a great way to add another revenue string to your bow, or even as your sole source of income. The important thing is that you are aware of all the rules and regulations before you decide to open your doors…
Get ahead of your Self-Assessment Tax Bill
MichelleMorrisThursday, January 18, 2024
More great news from HMRC for those who pay their tax via a self-assessment tax return…
If you’ve even been caught out by your tax bill, or miscalculated what you thought it might be, then you’ll know what a nasty surprise you can be in for when you file your self-assessment tax return and see a figure you weren’t expecting. It happens to the best of us!
Group Company Structures
BimalaWyattThursday, January 18, 2024
If you’re considering changing the structure of your business or businesses to a group structure, you need to read on…
It’s important to understand all the pros and cons of creating a group of companies. This blog article explains all the areas you should consider before deciding which is the best structure for your organisation.
Understanding Director Liabilities for Small Businesses in the UK: A Comprehensive Guide
OliviaAdamsThursday, January 18, 2024
At Ellacott Morris, our services are designed to help and support our clients, ensuring they make the right choices for their business’ stability and success. Part of our role as accountants involves sharing knowledge and checking understanding, therefore confirming that our clients make informed decisions and remain compliant to the many UK business laws and regulations.
What is Disaggregation?
JasmineCoxThursday, January 18, 2024
As accountants, we hear a lot of frequently asked questions, and this one is possibly in the top ten!
Can I separate my business to remain under the VAT threshold?
Also known as ‘disaggregation’ or ‘artificial separation’, if not done correctly and for legitimate reasons, HMRC class this as a form of tax avoidance.
Xero & Dext Demonstration Videos by Olivia
OliviaAdamsThursday, January 18, 2024
Here at Ellacott Morris we love nothing more than making life easier for our clients. That’s why Olivia Adams, one of our incredible accountants, has put together a series of videos demonstrating some of the main functions within Xero and Dext.
Furnished Holiday Lets (FHL)
BimalaWyattThursday, January 4, 2024
Gaining a rental income by letting out your property as a holiday home is a great way to add another revenue string to your bow, or even as your sole source of income. The important thing is that you are aware of all the rules and regulations before you decide to open your doors.
A Pixie Success Story
ellacottmorrisThursday, November 16, 2023
In today's digital age, the accounting industry is evolving rapidly, and embracing innovative technology is a must for firms aiming to stay competitive. We had the opportunity to sit down with Michelle Morris, the owner of Ellacott Morris, a small accounting firm on the sunny coast of Essex, to discuss her experience with Pixie.