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- The Jonathan Ford & Co Advent Calendar – Day 15
- ...It’s 15 December so that can mean only one thing: it’s day 15 of advent. Today we focus on becoming a limited company. Trading as a limited company Being a...
- HMRC Announce “Second Income” Campaign
- ...announcement of the latest campaign, this time focussing on those within PAYE who receive a second untaxed source of income. Some common examples of second incomes cited by HMRC include:...
- EMPLOYER’S £2,000 NIC ALLOWANCE
- ...dividends effectively waste the allowance. The changes also mean it might be worth considering trading as a limited company if you’re not already. If you’d like any help with the...
- Five Ways to Get More From Your Accountant
- ...is ideally placed to help you set up these systems. Once a good management accounting system is in place you’ll find you can make better and much more commercial decisions....
- Have you filed your 2014/15 tax return?
- ...31 July 2016 and you’ve still not filed then another £300 will be added to the total. If you’re in this position, feel concerned and want some help – get...
- Staying just under the VAT threshold? What out for this trap.
- ...rules are to help EU companies selling to other EU businesses from having to register for VAT in every country they sell to. Under these rules the company receiving the...
- HMRC Halting Thousands of Scam Texts
- ...stopping these messages. They’ve created new technology that identifies fraud texts with ‘tags’ that could suggest they are from HMRC. Once identified, they ensure the messages are stopped before they...
- Class 2 National Insurance collection is changing
- ...by a single calculation when your self-assessment return is completed, in the same way as Class 4 contributions are collected. If you are under the small profits threshold then you...
- What’s so special about Midnight 2 March 2016?
- ...borrowing really. Here’s the catch though. Any tax not paid 30 days later – 2 March – gets hit with a surcharge of 5% on the whole lot. That’s an...
- A rat ate it…
- ...on my sister to complete my returns but we have now fallen out 3. My accountant has been ill 4. My dog ate my tax return 5. I will be...