Is Your Accountant Qualified?

Is Your Accountant Qualified?PERSONAL TAX ACCOUNTANTS IN MANCHESTERAAT Launches Guide Explaining the Risks of Unregulated AccountantsThe guide by Accountancy Today, draws consumers’ attention to the lower standards of service and protection and the higher risks of using an unregulated accountant and presents examples of malpractice, incompetence and dishonesty witnessed by AAT members shared from a […]

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Do I Need An Accountant?

DO I NEED AN ACCOUNTANT?PERSONAL TAX ACCOUNTANTS IN MANCHESTER Do you need an accountant for your small business?If you’re confident in your ability to deal with your business finances, it’s possible to prepare and file your accounts yourself.Company accounts are due every year regardless of whether a company is active or dormant. You must register them at Companies […]

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Deferred VAT Payments Due Date

DEFERRED VAT PAYMENTS DEADLINEPERSONAL TAX ACCOUNTANTS IN MANCHESTER The Deferred VAT Payments Deadline LoomsThe deadline for paying VAT deferred due to the impact of coronavirus is the 30th June 2021. ICAEW’s Tax Faculty explains the options available to businesses to avoid a 5% penalty.One of the first tax easements for businesses affected by the coronavirus pandemic […]

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Coronavirus Business Support

CORONAVIRUS BUSINESS SUPPORTPERSONAL TAX ACCOUNTANTS IN MANCHESTER Coronavirus – how is HMRC is continuing to support customers and the economy?Throughout the pandemic, HMRC’s priority has been to deliver the government support to protect people’s livelihoods and help businesses get through this difficult time financially.As the UK begins to emerge from COVID-19, the country will face serious economic […]

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Working From Home Tax Relief

WORKING FROM HOME TAX RELIEFPERSONAL TAX ACCOUNTANTS IN MANCHESTER Did you know that you could claim back some money in tax reliefs for working from home on a regular basis, either for all or part of the week.This includes if you have to work from home because of coronavirus (COVID-19).HMRC will allow you to claim tax […]

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Personal Tax Planning 2021-2022

PERSONAL TAX PLANNING 2021-22As the UK comes out of COVID-19 related lockdown the future for UK taxes contains much uncertainty with increases more likely due to the significant Government deficit. Planning for the future is therefore key and there has arguably never been a more important time to rethink your family’s or company’s tax- plans […]

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SEISS Scan HMRC Emails

 SEISS SCAM HMRC EMAILTaxpayers should be warned of a new phishing scam landing in inboxes as the fourth self-employed income support scheme grant is now open for claims. To the untrained eye, the official-looking Gov.uk logo, typeface and format is convincing enough to fool a self-employed trader to hand over their details in return for an […]

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Self-Assessment Payment Plans

SELF-ASSESSMENT PAYMENT PLAN 1 April deadline to set up self assessment payment plansSelf assessment taxpayers have just over a week to 1st April 2021 to pay any outstanding tax liabilities in full or set up an online self-assessment payment plan for the 2019 to 2020 financial year to avoid incurring penalty charges, HMRC has warned.Due to […]

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A Summary of the Budget 2021

 A SUMMARY OF THE BUDGET 2021Chancellor Rishi Sunak revealed the Budget in the House of Commons on Wednesday 3rd March 2021.He announced new measures to help business and jobs through the pandemic and to support the UK’s long-term economic recovery and a series of tax-raising plans to help rebalance the public finances.Here is a summary […]

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