25/02/2025
π’ Interest Rate Cut β Do You Know What It Means for You? π’
The Bank of England has cut interest rates to 4.5%, aiming to boost the economy while keeping inflation in check.
πΉ Good news for borrowers β Mortgage & loan repayments could drop
πΉ Businesses may benefit β Cheaper borrowing for growth
πΉ Not great for savers β Interest on savings may decrease
With inflation still a concern and economic growth slowing, this move is all about balance.
If you would like to know more, check out our latest blog by clicking the link in the comments π
Do you think this rate cut will help you? Let us know! ππ¬
21/02/2025
π’ Business Owners & Self-Employed β We Want to Hear from You! π’
Running a business is exciting, but letβs be honestβ¦ some parts can be a real headache π©.
π Is tax season stressing you out?
π Payroll giving you a headache?
π VAT returns making you want to pull your hair out?
π Just too busy to deal with accounts?
We get it β numbers arenβt everyoneβs thing (but luckily, theyβre ours! π). At GK Accounting Services, we handle:
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Limited company accounts
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Corporation tax returns
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VAT returns
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Self-assessments
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Payroll & pensions
Tell us β whatβs the biggest pain point in your business right now? Drop it in the comments or get in touch β weβd love to help! π¬π
[email protected]
18/02/2025
π¨ National Insurance Changes Coming in April 2025! π¨
Big changes are on the way for UK businesses:
πΊ Employer NICs rising from 13.8% to 15%
πΊ Threshold dropping from Β£9,100 to Β£5,000 β meaning more of your payroll is taxed
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Good news: Employment Allowance increasing to Β£10,500, helping small businesses
π‘ What to do?
πΉ Review your payroll π·
πΉ Plan ahead π
πΉ Check if you're eligible for
Stay ahead of the changes β share this to keep others informed! β³
See link in the comments to check out our latest blog to find out more
16/02/2025
Hi there! π
For those of you who don't know me, I thought I would introduce myself properly.
I am Georgina and I am the owner of GK Accounting Services. I live and work in Saron near Ammanford in Carmarthenshire with my partner Rich and our two dogs Buddy and Evie. My son Daniel also lives with us and he has own computer repair business Ferguson Computers based here in Saron too π(little plug for him and his business too haha)
Having discovered I had a passion for accounting in 2006, I spent the next 14 years studying and working getting loads of experience as well as degree in Accounting and Financial Management and completing both the AAT and ACCA accounting qualification.
I started GK Accounting Services in October 2020 after moving back home to Carmarthenshire from Cheltenham just before the Covid lockdowns started. My aim was to help other businesses keep their bookkeeping and finances in order and hopefully reduce the stress business owners feel in trying to keep up to date and compliant.
I've made it to nearly four and a half years now and I have loved every minute. I really enjoy working with so many different types of business and getting to know the business owners. The business has gone from strength to strength and we have lots of local clients as well as others who are further afield.
Looking forward into 2025, I am still very passionate about continuing to help more businesses owners achieve their goals while being able to continue to do what I love. One of my goals for this year is to work on my social media presence so please feel fee to like and share my page to give me a helping hand with this π
Please don't hesitate to get in touch if you would like a chat about how I can help your business π
04/02/2025
Just a quick reminder of the services we offer. We work hard to keeping your business finances running smoothly in the background, from bookkeeping to all those pesky returns as well as reminding you what to pay and when so you don't miss any deadlines. If you would like a chat to see how we can help you and/or your business, please get in touch π
02/02/2025
Love this time every quarter...just got back from collecting VAT paperwork and having an amazing Sunday lunch always so good π lovely walk yesterday and fab lunch today = a great weekend
02/02/2025
January is over π₯³ celebrated getting all those self assessments done and submitted for another year with a lovely walk on Betws Mountain π We are so lucky to have places like this on our doorstep.