• Posted July 16, 2020

How much money should I put aside for my Personal Tax Bill?

Estimating how much you need to save for your end of year tax bill can be tough, especially if your business has quite a few expenses. If your freelance business provides a service like tutoring or marketing, you may have limited expenses and you will take home a large part of what you turnover. However, […]


  • Posted June 29, 2020

What Value can a Chartered Accountants bring to my Small Business?

As chartered accountants and business advisors we have the knowledge and skills needed to help businesses at every stage of their growth cycle. Help Developing a Business Plan Involving your chartered accountant in developing a business plan for your company can be a smart move. We can provide useful insight into key business indicators and […]


  • Posted December 11, 2019

Marriage allowance or married couples allowance – What’s the difference?

What is the difference between marriage allowance or married couples allowance? Although these allowances sound similar, the eligibility requirements are quite different. What is Marriage Allowance? Marriage allowance is a tax relief that allows a UK tax payer to transfer 10% of their personal allowance to their spouse or civil partner, in 2019/20 this is […]


  • Posted August 19, 2019

How do I pay back a student loan when I am self-employed?

The majority of students leaving university will do so with an outstanding student loan. The media is full of information on the repayment threshold, interest rates and details of how it is repaid through your salary, but what happens if you are self-employed? As a contractor, freelancer or business owner your student loan payments will […]


  • Posted August 14, 2019

The divisible by 9 error check tool

Accountants, bookkeepers and tax specialists have a number of tools to check work and catch errors as they occur. Does the difference divide by 9? When a balance doesn’t reconcile, one helpful tool in order to identify how the error has arisen, is to ask “does the difference divide by 9?” If it does, then […]


  • Posted July 18, 2019

What is a payment on account, and do I need to pay it?

If you are self-employed or you receive an income from dividends, property or investments you will need to complete a self-assessment tax return. A self-assessment tax return is prepared annually and must be submitted by 31 January following the end of the tax year (which ends of 5 April). Unlike an employee who pays tax […]


  • Posted June 13, 2019

Accountant in Leeds offering his top IT tips!

Sean’s Top Tips – June 2019 Did you know that there is a shortcut to skip to desktop immediately? “Press and hold Windows Key + D” Saves time minimising everything when you have to find something on your desktop. You can easily lock your desktop by pressing “Windows Key + L” Handy if you have […]


  • Posted October 22, 2018

Cloud Software at Leeds Business Week

Leeds Accountants are joined by Sage at Leeds Business Week We were delighted to see so many people attending our event on using the new Sage Business Cloud Accounting software (a revamp of Sage One), and it was great to be joined by Kevin Brown from Sage who was able to demonstrate the new and […]


  • Posted June 29, 2018

Accountants in Leeds running away with it!

You wouldn’t normally associate your accountant with middle/long distance running, they are more likely to be chasing after receipts and tax codes! But here at Whitesides Chartered Accountants in Leeds we have been improving our fitness, losing weight and clocking up the miles in preparation for the Leeds 10k Corporate Challenge on 8 July, and […]