Call: 01273 685 978
Call: 01273 685 978
You may have heard in the news that the Making Tax Digital for Business (MTDfB) initiative underwent considerable revision over the summer of 2017, with alterations to the timetable originally proposed. The government had planned to require businesses to keep digital records and update HMRC quarterly for income tax from 2018. There are now new…Read More
Cyber Essentials is a Government-backed and industry supported scheme to guide businesses in protecting themselves against cyber threats. It outlines the requirements for mitigating the most common Internet based threats to cyber security. Cyber Essentials is for all organisations, of all sizes, and in all sectors. By deploying the five basic controls within Cyber Essentials,…Read More
From 6 April 2016 all companies are required to keep a register of people with significant control (PSC register) and, from 30 June 2016, file relevant information at Companies House. This requirement is in addition to those in respect of existing registers. The requirement to keep a PSC register has been introduced with the objective…Read More
Two key changes were announced in the recent Budget and we wanted to inform you about these, and any action you may want to consider. Restricting finance costs for landlords The government will restrict the amount of income tax relief landlords can get on residential property finance costs to the basic rate of income tax.…Read More
In the summer 2015 Budget, George Osborne announced fundamental changes to the way in which dividends are taxed. The changes will not take place until 6 April 2016 but individuals who extract profits from their company as dividends may need to consider whether to increase dividend payments before this date. When a dividend is paid to an…Read More
Cash is the lifeblood of any business and if it’s not flowing there’s trouble. VAT, corporation tax and Self-assessment are lumpy liabilities that can cause stress to anyone. Here’s a list of practical tax administration ideas that can be used to ease cashflow problems: Change your “VAT stagger” anyone with a VAT periods: Jan-Mar, April-June,…Read More
We are adopting this to improve the speed and efficiency of client communications. Use of the portal is simple, and we will advise you in due course on how to access documents. Ink-signed paper accounts and Tax Returns are no longer required by the Revenue or Companies House. Use of the electronic approval feature of…Read More
We frequently take on new clients who have, sometimes for years, been unaware that they should have been filing annual tax returns. Sometimes we even find that people have been completing tax returns unnecessarily. Do you need assistance reviewing your personal tax position? Please do contact and us, we will be pleased to help. Read…Read More