Paper Tax Returns
Tax Return If you are looking to submit your tax return on papers the 31 October is the last day you can do this. If you have a tax return to submit this will then have to be completed online but you first need to register with HM Revenue & Customs online services first, the…
Read More
Student Loan
Do You Have a Student Loan? Do you have a student loan, if so are you repaying this, and do you know that this to be declared on your tax return? Repaying Student Loan There are different ways to repay this it can be either: Through your tax return Through your payroll (deducted monthly from…
Read More
Staff Christmas Party
We will soon be coming up to Christmas time where many companies will be holding a staff Christmas party, but this does not have to hold a Christmas it could be for a summer barbeque. This is provided for employee: available to employees generally or available to employees at a location where the employer has…
Read More
Information Required on Your Letterhead
If you have two addresses that you use for business one where the business activities take place e.g. workshop, office then this should to be at the top so it is clear should they need to visit or write to you. Trading Address Registered Office Address The registered office address is for limited companies only…
Read More
HMRC Ways to Uncover Unpaid Tax
HM Revenue & Customs Having Access to Your Bank Account HMRC direct recovery of debts has been in force 06 May 2014 and they wanted parliament to introduce new powers in next year’s finance bill which would allow them to dip into to debtor’s bank accounts without any independent oversight. HM Revenue & Customs Officers…
Read More
Do you keep the required documents
Having the Right Documents to Back Up the Accounts As a director of a company you have an obligation to submit your accounts to HM Revenue & Customs whether this is done by the company or your accountant. They will then do internal checks to make sure that your company is paying the right amount…
Read More
Tax Going Digital
Cloud Accounting and Bookkeeping Overview There is now the opportunity to have you cloud accounting software which means you no longer need to have this installed on your desktop you can access this via an internet connection from anywhere. This will avoid the upgrades like with Sage as you will always have the latest version…
Read More
Advisory Fuel Rates from 1 March 2019
The Advisory Electricity Rate for fully electric cars is 4 pence per mile. Changes to the advisory fuel rates from 1 March 2019 Engine Size Petrol Diesel LPG 1400cc or less 11p (12p) 7p (8p) 1401cc – 2000cc 14p (15p) 8p (10p) Over 2000cc 21p (22p) 13 (15p) 1600cc or less …
Read More
Case Study SAR Transport
This company was incorporated in 2011 and its trade was distributing newspapers from their depo to customer mainly major newsagents anyone who sold the papers. We set them up for VAT and Payroll with HMRC and they had 3-4 staff. When we were preparing the financial statements, we noticed that there was no payment for…
Read More- « Previous
- 1
- …
- 17
- 18
- 19