06

Jan

Let’s hope it is a happy, healthy and prosperous new year for everyone! Let’s start by trying to avoid a £100 late filing fee for self assessment tax returns. HMRC issued the following press release on Friday 3rd January, and we would like to echo their sentiments too – but without the awful play on…

23

Dec

Wishing you all a very Merry Christmas and every blessing for a happy, healthy and prosperous New Year. Enjoy your holidays! We are now closed for the festive season but will re-open on Friday 3rd January 2020.

28

Oct

Thanks to everyone who supported our Shine Night Walk in aid of Cancer Research. We raised £1600 in total. Many, many thanks.

11

Oct

You may have noticed that when you log onto lots of websites now there is a link to click on getting ready for Brexit. It covers things like tourists travelling abroad. HMRC has its own link “Get Ready for Brexit” and it covers import and export of goods. Yesterday I attended a seminar on Brexit…

29

Jul

Today is the last day that you can sign up for MTD if you are a stagger one business that files quarterly VAT returns and pays by direct debit.  Make sure that you have signed up for MTD by the end of play today. We can report lots of successful MTD VAT returns filed.  However,…

27

Jun

Please be aware that Michael and I are away for our summer holiday from close of business Friday 5th July and will return on Monday 22nd July. The office will remain open, with Ania here as normal from Tuesday to Friday 9.30am to 2.30pm.  If you need to drop off any paperwork outside these hours,…

16

May

There has been a great deal of concern among accountants, with regard to MTD and digital record keeping, when considering those clients who receive large numbers of invoices from single suppliers,  such as builder’s merchants or drugs companies. VAT returns for those clients have historically been prepared based on the supplier statements ( often a…

25

Mar

We are nearly at the end of the tax year – 5 April 2019 is looming. There is still a little time for you to reduce your tax liabilities – some of the options that may be available to you are –   – perhaps making a lump sum payment into your pension – making…

07

Mar

We are continually being asked by clients which software we would recommend for Making Tax Digital.  This is a very difficult question to answer because what seems straight forward to use for an accountant may not seem straight forward for a person with no accountancy knowledge. Accounting Web have helpfully set up a software review…

05

Mar

This April will see the start of increased pension contributions for employers and their staff. The total minimum contribution will rise from 5% total to 8%. Increasing minimum contributions should be a straightforward task for employers but there are checks they will need to make with their pension and payroll providers to ensure their staff are receiving the…