Author: algy56

Are you expecting a refund from HMRC

If you are expecting a refund of Tax paid following the end of the tax year on the 5th April 2015, then you should get your Self Assessment Return submitted as soon as you can. If you need help completing

Have you submitted your Self Assessment?

Only 4 days left to file your SA100 Self-Assessment Return, if you are to avoid the automatic £100 Fixed Penalty! The penalties go up from there and get very expensive quite quickly: One day late: £100 fine Up to three

Are you going to pay HMRC £100 because your Self Assessment is late?

Have you completed your Self Assessment return yet? If not, you could receive a £100 ‘Fixed Penalty’ charge for late submission, if it hasn’t been received by HMRC on line by midnight on 31st January 2015. Here are some excuses

New Class 2 NI Rules for Self Employed

HMRC plan to collect Class 2 National Insurance from Self Employed individuals at the end of the Tax Year along with Tax and Class 4 contributions. Currently the Self Employed pay a weekly levy of £2.75 per week which they

Worried about your Annual Tax Return?

Self-Employed? Director of a Business? – 2013/14 Self-Assessment returns are due in on or before the 31st January? Only 8 weeks left if you haven’t already submitted your return! Need help? Call me on 07875 699931 for a Free, No

Goodwill valuations!

Incorporating a client’s sole trade or partnership business can be a very attractive option from a tax perspective resulting in: The ability to minimise tax paid on profits. The generous tax position created by Entrepreneurs Relief on the Capital Gain

Need Advice? Not really sure what you need to submit to HMRC?

If you are self employed or run a business, do you know what you need to submit to HMRC and when? For a FREE, NO OBLIGATION initial meeting, why not call Alan on 01227 392881 to see how we can

Self Assessment 2013/14

Have you completed your 2013/14 SA100 Self-Assessment Return. This is for the tax year 6th April 2013 to the 5th April 2014 and needs to be submitted and any tax owing, paid by the 31st January 2015. If you haven’t

Top 5 Fears that Paralyze Small Business Owners and Stop Growth

From the Huffington Post As an executive business coach, it’s fair to say that most business owners intuitively understand that in order to develop a successful company we must be prepared to put in long hours, days and nights of

HMRC to collect more debt through tax codes

HMRC can currently collect debts of up to £3,000 by adjusting an individual’s Pay As You Earn (PAYE) tax code which applies to their employment or pensions income. This collection method is known as ‘coding out’. The effect of this