Peter Wade assists in the bookkeeping and payroll department of MJB Avanti. The case study he provides demonstrates the constraints and hassle of HMRC that we have to contend with on a daily basis. This is Peter’s case study with a happy … Continue reading Case Study – Appealing Payroll Penalties
Tax Penalties As a Company Director, you are required to file your company or limited liability partnership (LLP) accounts on time. You can see more about your responsibilities here . In this article we focus on penalties, payments, and appeals. … Continue reading How Will Late Filing Penalties Impact You?
Making Tax Digital Is Live Making Tax Digital (MTD) is live for VAT and has been since 1st April, and yet here we are 4 months on with business owners still struggling to comply, whether it's filing or making payments, only today business owners … Continue reading Are You Struggling with HMRC’s Making Tax Digital?
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
We recently took on a client who had received a letter from HMRC demanding payments for penalties for late submission of payroll full payment submissions. The Client was totally unaware in the first instance that he even had a payroll account so the … Continue reading Case Study – Payroll Submissions
The deadline to ‘register’ for self-assessment for the 2017-18 is 5th October 2018. This affects for example:- A) Individuals who now earn over £2,500 per annum from a rented property or owned shares. B) Those receiving higher income child … Continue reading Self Assessment Registration Deadline Looms