Each year HM Revenue and Customs receives a number of unusual excuses from Self Assessment customers who didn’t complete their tax return on time. These include: “My tax return was on my yacht…which caught fire” “A wasp in my car caused me to have an accident and my … [Read more...]
New Year New Tax App at Alan Patient & Co Ltd
Why don't you start the New Year by Downloading our Tax App Our Tax App keeps the information you need at your fingertips. It gives you the most up to date tax information, rates and deadline dates. We have also added some useful calculators, and tips or how to reduce your tax bill! A very … [Read more...]
10 ways to impress your clients
Under promise - Only make promises that you are sure you can keep. Allow plenty of time to complete assignments so that they are completed early. That way clients will be impressed rather than disappointed. Over deliver - For new clients, you need to ensure that you over deliver to gain trust … [Read more...]
Incorrect use of the VAT Flat Rate Scheme
The VAT flat rate scheme is easy to use and is a scheme that allows small businesses to calculate and pay their VAT based on a flat rate percentage of total takings rather than deducting that from the total output tax on sales in the period. HM Revenue and Customs are finding out that … [Read more...]
Every firm’s nightmare
What keeps small traders awake at night. Slow - paying debtors are a nightmare for small business. Christmas is just around the corner, so here are some tried and tested collection tips: Please click on the following link to find out … [Read more...]
Wage Increase
From the 1st October 2016, the National Minimum Wage rates will be increasing as follows: 21 - 24 year olds - NMW will increase from £6.70 to £6.95 per hour. 18 - 20 year olds - NMW will increase from £5.30 to £5.55 per hour. Over compulsory school age but not yet 18 - NMW will … [Read more...]
New Holiday Tax
Millions of Brits jetting off on their summer break will face face a new 'holiday tax' A controversial new tourist charge imposed on visitors to Balearic Islands - including Ibiza and Majorca - will apply to everyone from July 1 this year. The costs apply to each holidaymaker who … [Read more...]
“The power of social media cannot be underestimated”, says Alan Patient.
Whatever business you are in, you may be thinking about entering the world of Social Media or even how to benefit from your existing pages. Here is a little guide on the rewards and how much Alan Patient & Co Ltd have succeeded in using Social Media. Your … [Read more...]
A Period of Uncertainty – The Pound in your Pocket
Many questions, what are we all thinking. If the pound continues to be weak, Brexit could boost exporters, but it would mean higher costs for companies importing raw materials and British travellers abroad. House prices could fall, or at least rise more slowly than expected, … [Read more...]
