Accountants in Roehampton

More Regulations for the CIS Industry

Posted by on October 3, 2014 at 11:54 am

Contractors in the CIS (Construction Industry Scheme) usually file tax forms online, but now the HMRC proposes that the employers need to do an electronic check that sub-contractors are paying the right amount tax. This suggestion has been made with the objective of increasing the tax revenue received from the CIS scheme, which has largely […]

Autumn Statement; What’s in it For the Savers and Pensioners

Posted by on December 28, 2012 at 10:59 am

For savers, the annual ISA contribution limit will rise modestly from the current level of £11,280 to £11,520 from April 2013, a rise of 2.1%.. But previously it was said that this would be increased in line with inflation. What about pensions? The basic state pension will rise by 2.5% next year to £110.15 a […]

Real Time Information on PAYE

Posted by on July 20, 2012 at 10:30 am

Real Time Information on PAYE will be available from April next year, but employers have the chance to use it earlier according to HMRC. RTI is a system that is intended to make life simpler for employers. In reality, its function is to clamp down on businesses that fail to make PAYE payments on time. […]

How to Manage Directors Bonuses Tax Efficiently

Posted by on July 6, 2012 at 11:18 am

If your company has made a profit, it is highly likely that every director will receive a share from it as bonus. In order to get an early tax deduction, these bonuses must be paid within a specified time, but on the otherhand there will be a large PAYE bill.

Fixed Fee Accountants in Fulham and Hammersmith

Posted by on June 29, 2012 at 10:30 am

When you look for an accountant, what are the things that you look for most? Many business owners will look whether the particular accountant has the capability to handle the tasks that he / she wants them to do. Apart from the capability of the accountant to deal with final accounts, VAT, bookkeeping, personal tax […]

Income Tax Trap for online Traders

Posted by on May 4, 2012 at 3:10 pm

Finally HMRC has come to grips with those who sell certain products or used items on websites such as Gumtree and eBay. So who should be worried about these latest attempts of HMRC to earn some more money? Targeting online traders for tax Over the last few months HMRC has been busy trying to identify […]

Alternative Dispute Resolution for Small and Medium Enterprise customers

Posted by on April 27, 2012 at 10:30 am

HM Revenue & Customs (HMRC) is running an Alternative Dispute Resolution (ADR) trial, which provides Small and Medium Enterprise (SME) customers with an alternative way of resolving tax disputes in compliance checks.

Getting the Correct Tax Code

Posted by on March 23, 2012 at 10:30 am

The last two years has been a difficult time for the HMRC’s National Insurance and PAYE Service. Soon after its launch vast numbers of incorrect tax code numbers were sent out and it automatically issued thousands of demands for tax that people had no idea. After being stung by criticism, HMRC has become more proactive […]

Grants for Starting a Business

Posted by on January 18, 2012 at 3:24 pm

As a small business owner, maintaining a solid cash flow to run day to day operations is quite a challenge. Thus, for small business  and start up businesses, money is the biggest stumble block. Small business owners always wonder who is going to help them in terms of cash to run the business. Apart from […]

Business Plan Template for Start Up Businesses

Posted by on December 2, 2011 at 5:05 pm

It is essential to have a realistic, working business plan when you’re starting up a business to make sure the business growth is sustained over a long period of time.The task of making a business plan will be much easire if you have a business plan template ready. A business plan can be defined as […]