I’m sure you know that the HM Revenue and Customs deadline was January 31st this year, and you are probably one of the many companies that submitted on time, in which case sit back and enjoy some of the following tax return excuses (they really were used). If you DIDN’T send your submission on time, … [Read more...]
Save yourself £100 fine
Time is running out for your online Tax return. Each year thousands miss the deadline, which means you will have to pay a late filing fee, which is an automatic £100 fine. To stop this happening every year here are five tips to help you prepare and to complete your Self-assessment Tax … [Read more...]
Merry Christmas and a Happy New Year
As a company we are again going digital with our Christmas Card in an aim to further reduce our carbon footprint. We are proud to support 5 year old Isla who is battling Neuroblastoma – a rare childhood cancer. If you would like to find out more about this cause … [Read more...]
Fast approaching deadline for Online Self Assessment
The deadline date is approaching fast to file your tax returns online. You then need to pay HMRC by 31st January 2020 your first Payment on account for 2019/2020 (and any further liabilities for 2018/2019). If you submit the the form after 31st January there will be a penalty even if you have no tax … [Read more...]
Give tax free money to your staff
Let’s get in to the Christmas spirit by thinking about gifts for staff, (but also the tax status of them) Christmas gifts be tax free if structured correctly. Ever since April 2016 employers are allowed to provide their directors and employees with certain “trivial” benefits in kind tax … [Read more...]
Deadline Approaching for your Academy Trusts Audited Accounts
If you run an Academy trust your audited accounts need to go to the ESFA by 31 December 2019. These accounts are based on your financial statements from the period ending 31 August 2019. This article has some points to help you through the process of submitting your audited end of year accounts to … [Read more...]
What do the best Primary Schools do, to be so good?
The primary schools with the best results are Free Schools, which is an amazing achievement for Free schools in the KS1 sector. Here is a summary of what these schools have done, so you can consider how relevant their actions might be for your school. Hon Nick Gibb MP, The … [Read more...]
Approaching Deadline Date for Paper Tax Return
The deadline date is now approaching fast if you decide to send a paper tax return a it must be submitted by the 31 October 2019. If you send the form after this date there will be a penalty even if you have no tax to pay. HM Revenue and Customs are keen to encourage everyone to file their self … [Read more...]
Builders VAT changes delayed for a year
VAT changes for companies in the construction industry, due take effect this month, have been delayed for another year. HM Revenue and Customs introduced the Domestic Reverse Charge (DRC) as part of new anti-fraud rules to combat VAT fraud in construction sector labour supply chains. What … [Read more...]
ABOUT THE ACADEMY ACCOUNTS RETURN
If you are running an Academy Trust your academies accounts return form goes live on 4 November 2019. As an Academy trusts, you need to complete this form if you have audited financial statements for any period to 31 August 2019. The audited return needs to be submitted, online, by 20 January … [Read more...]
