The popular image of an accountant is of someone with an encyclopaedic knowledge of tax rules who spends their days tapping figures into a calculator. But these days, the truth is somewhat different Much of the number crunching traditionally performed by accountants can now be handled by decent accounting software. You can use this to automate […]
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The “Becoming an employer” online e-tutorial from HMRC will take you through the whole process at your own pace and give you all the information you’ll need when you become an employer for the first time. It even includes helpful tips and case studies from others who have been there before. Becoming an employer – […]
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The Chancellor has presented his Spring Statement to Parliament – here’s a summary of what he said. What you need to know about the Spring Statement Economy The government’s efforts to build a stronger, fairer economy are paying off. The economy remains resilient, and is forecast to continue growing: there have been nine consecutive years […]
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Self Assessment Tax due 31st January. HM Revenue and Customs (HMRC) must receive your tax return and any money you owe by the deadline. The last tax year started on 6 April 2017 and ended on 5 April 2018. Self Assessment Deadline Register for Self Assessment if you’re self-employed or a sole trader, not self-employed, or registering a […]
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This year our Christmas Opening hours will be Monday 24th: 9 – 5 Tuesday 25th : Closed Wednesday 26th : Closed Thursday 27th : 9 – 5 Monday 31st : 9 – 5 Tuesday 1st : Closed normal hours to resume from the 2nd January
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1. Public finances have reached a turning point Since 2009-2010 the deficit has fallen by four-fifths, from 9.9% to 1.9%. Public debt peaked in 2016-17 and is now falling. On average, spending on public services will grow 1.2% above inflation a year from next year until 2023-24. 2. Employment is at a near record high […]
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HMRC calculators and tools A list of HMRC calculators and tools to help you work out your tax. https://www.gov.uk/guidance/hmrc-tools-and-calculators Contents Income Tax National Insurance Self employed Self Assessment PAYE Employment status Stamp Duty Land Tax (SDLT) Capital Gains Tax Pensions Child Benefit and Child Trust Fund Childcare Tax credits VAT Corporation Tax Inheritance Tax and […]
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Key Tax Dates for businesses in Autumn 2018 including September, October, November and December September 2018 30: Reclaim VAT on supplies from other EU countries if not already claimed in your regular tax return. October 5: Deadline for registering income not fully taxed or any capital gains tax liabilities for the 2017/2018 tax year. 19: […]
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JULY 2018 5 Agree Terms of HMRC PAYE Settlement Agreement for 2017-2018 6 Submit P11D (non payrolled only), P11D(b). Give copies to employees. Submit employee share sheme annual return for 2017-2018 19 Pay Class 1A NICs on 2016-2017 taxable benefits and award schemes 31 Second self-assessed tax instalment due. Additional surcharge on unpaid 2016/2017 income […]
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Are you 25 or over? If you are a worker aged 25 and over, and not in your first year of an apprenticeship, you are legally entitled to at least the National Living Wage. From 1 April 2018 this will go up to £7.83 per hour.Think you are being underpaid? Register a confidential complaint with HMRC. […]
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