Blog

2014 Budget Summary

Posted by on Mar 21, 2014 in employers, HMRC, SME, tax | 0 comments

Personal allowances

For people born after 6 April 1948, the personal tax allowance for 2014/15 is £10,000. This will increase to £10,500 from 6 April 2015.
For people born on 5 April 1948 or before, the personal tax allowance for 2014/15 is £10,660.
From April 2015, spouses and civil partners will be able to transfer 10% of their personal allowance to each other, which means £1,050 in 2015/16.
To be eligible to make or receive the transfer, neither party must be liable to tax at the higher or additional rate.

read more

What happens if I file my Annual Return late?

Posted by on Feb 18, 2014 in small business, SME | 0 comments

So what happens if I file my annual return late?

Companies House will remind you that it is a criminal offence not to deliver the annual return on time and that the company and its directors could be prosecuted. This could mean the directors have a criminal record and also a £5,000 fine for each document not filed on time.

Companies House will not impose a penalty (unlike the late filing of accounts). Companies House will send increasingly threatening letters warning of removing the company from the register.

read more

HMRC Tax Return Filing Deadline – A Possible Extension

Posted by on Jan 31, 2014 in Uncategorized | 0 comments

The deadline extension applies to taxpayers who did the following between midnight on 21 January and midnight on 31 January 2014:
Enrolled for the Self Assessment online service, or
Requested a replacement user ID or password

read more

Submit the tax refund request

Posted by on Jan 29, 2014 in HMRC, refund, tax | 0 comments

Have you received an e-mail from HMRC entitled, “ […]

read more

Should I Voluntarily Register for VAT?

Posted by on Jan 23, 2014 in expenses, HMRC, small business, SME, VAT | 0 comments

  There are benefits to a voluntary VAT registrati […]

read more

When Should I Register For VAT?

Posted by on Jan 8, 2014 in SME, tax, VAT | 0 comments

 As a growing small business you should consider when y […]

read more

Christmas Opening Hours

Posted by on Dec 23, 2013 in Team News | 0 comments

We will be closing at 3pm on Monday 23rd December for t […]

read more

Useful Resources

Posted by on Nov 25, 2013 in SME | 0 comments

www.accaglobal.com The Association of Chartered Certifi […]

read more

Fears of energy supply disruption

Posted by on Oct 10, 2013 in Featured, SME | 0 comments

Fears of energy supply disruption

The manufacturers organisation, the EEF has warned that some Yorkshire manufacturers are concerned about losing their power supply this winter.

read more

Companies House Scam Emails

Posted by on Sep 9, 2013 in Featured, SME | 0 comments

Companies House Scam Emails

Be warned. Companies House have released the following statement: 04/09/13 @11:00PM: We have been made aware that random emails claiming to be from Companies House are being sent.

read more