Nov 18, 2019 | Accountancy, Money, Self Assessment, Services, Tax, Tax Advice
Firstly, Personal Tax return season (Self Assessment) 2019-20 finishes on 31st January 2021. Secondly, you may have done yours, so relax, but if you’ve not read on. I’ll start by looking at the first steps and then proceed from there. Some important...
Aug 12, 2019 | Accountancy, Bookkeeping and Payroll, Money, Tax, Tax Advice
Company cars: Are low emissions cars tax efficient? First of all significant changes are being made from 2020-21 to the company car tax benefits-in-kind bands affecting ultra-low emission vehicles (ULEVs). The taxable benefit arising on a car is calculated...
Feb 18, 2019 | Bookkeeping and Payroll, Tax, Tax Advice
Prepare for Making Tax Digital -MTD, of 01-April-19 will soon be upon us. HMRC have started sending out nudge letters to VAT registered businesses. We have already registered our own clients with HMRC and migrated them over to our preferred platform of choice, Xero. ...
Dec 18, 2018 | Sole Trader, Tax, Tax Advice
Tax Return’s Firstly there’s three key tips in for you to consider if you haven’t filed your Tax Return yet. More importantly the clock is ticking, the 31-Jan-22 is D-Day, and if late penalties will apply, even if no tax is owed. We’re in full swing...
Nov 27, 2018 | Accountancy, Bookkeeping and Payroll, Money, Tax, Tax Advice
In the digital age, the UK tax system is evolving to become more efficient, effective, and taxpayer-friendly. Making Tax Digital (MTD) is at the forefront of this transformation, aimed at positioning HMRC as a global leader in digital tax administration. But what...