A collaborative approach for your IT and Accounts

A collaborative approach for your IT and Accounts

At Velocity Accounting Solutions, we always promote best practice when it comes to implementing an effective accounts infrastructure for your business. Regardless of whether you are a single person business or employ multiple staff, we treat all our clients the same...
PAYE Settlement Agreement reminder

PAYE Settlement Agreement reminder

If you have a PAYE Settlement Agreement (PSA) in place for 2019/20, you will need to pay the tax and National Insurance due under the agreement by 22 October 2020, assuming payment is made electronically. If you pay by cheque, the cheque must reach HMRC by the earlier...
Annual investment allowance

Annual investment allowance

The annual investment allowance (AIA) was temporarily increased from £200,000 to £1 million for two years, from 1 January 2019 to 31 December 2020. The allowance reverts back to its usual level of £200,000 from 1 January 2021. While the COVID-19 pandemic may have put...