Bookkeeping, Accountancy and Taxation services
Accounts Software There are many bookkeeping software packages available with varying functions. Also, many companies use manual systems such as spreadsheets to record transactions. If you decide to go with a computerised package, you need to:- … Continue reading Terrific Tuesday Tax Tip – Accounts Software
This month we are focusing on: Money Laundering And this week are looking at: What do you do if you suspect a money laundering activity? Money laundering involves three steps: The first involves introducing cash into the financial system by … Continue reading Terrific Tuesday Tax Tip – Money Laundering
This month we are focusing on Money Laundering This week we are looking at; What types of ID are accepted as Proof of ID The Money Laundering Regulations 2007 require appropriate identity (ID) evidence to be provided when certain transactions take … Continue reading Terrific Tuesday Tax Tip – Money Laundering ID Acceptance
This month we are focusing on: Money Laundering And this week are looking at: What is Money Laundering? Money laundering is the process of creating the appearance that large amounts of money obtained from criminal activity, such as drug trafficking … Continue reading Terrific Tuesday Tax Tip -Do you know what money laundering is?
I have a company client and they have taken a number of loans in recent years that remain outstanding, business is improving and the company is going to start paying interest on those loans. They have a mixture of loans; one from the director, one … Continue reading Tax Question Of The Week – Duty To Deduct Tax
Q: A married couple own a property that is their main residence and are entering into a transaction to purchase two dwellings that are next to each other, one of which will be their new main residence. They have been advised they will have to pay the … Continue reading Tax Question Of The Week – SDLT Higher Rates Transaction
1) Don’t pay by cheque Brown decided for periods 11/14 onwards that he would stop paying his VAT electronically and instead send a quarterly cheque payment to HMRC. This meant he lost the extra seven days you get for paying electronically (one … Continue reading Ten Points To avoid VAT default surcharges
Q: Jack and Jill started living apart in November 2018 but there was then no contemplation of a divorce. In May 2019 they discussed their situation and at that point in time decided to get divorced. They agreed to get divorced in January 2020. … Continue reading Tax Question Of The Week – Date Of Separation For CGT
This month we are focusing on Limited Company - Company Secretaries. This week we look at whether a Company Secretary can sign legal documents? There is another option available to companies under English law, that having a contract executed by the … Continue reading Terrific Tuesday Tax Tip – Can A Company Secretary Sign Legal Documents?
When completing your tax return there may be allowances you can claim to legally and ethically reduce the taxable profits. One way is with Annual Investment Allowance (AIA) When your business buys a piece of equipment that qualifies for the annual … Continue reading Terrific Tax Tip – AIA and WDA
Should you reduce your July payment? The second payment on account deadline of 31 July is fast approaching. Payments. If you have significant income that isn’t taxed through PAYE (or otherwise at source), it is likely that you make payments on … Continue reading Terrific Tuesday Tax Tip – July Deadline
This month we are focusing on: Accounting Software And this week we explore further: Why it's good to use an accountant that embraces modern technology & software? Technology and software is constantly evolving to help resolve problems and … Continue reading Terrific Tax Tip – Accounting Software
