NEWS

Read our updates…

Self Assessment – July 2019 Payments on Account

Second payments on account for the year ended 5 April 2019 are due to be paid to HMRC by 31 July 2019. Unfortunately, due to a glitch in the HMRC statements system, you may not receive a demand from HMRC for the payment.  HMRC had a similar problem in 2018, but we...

Introducing our new Team Member!

We are thrilled to announce that Ashley Sinfield has joined our accountancy team. Ashley read Mathematics at the University of Bath and joins us from her previous position in Mayfair.  Ashley is full of fresh ideas to help improve life for our clients. With a taste...

GDPR Regulations

The EU General Data Protection Regulation (GDPR) came into force on 25 May 2018 and its primary aim was to give control to individuals over their personal data. If any business breaches these regulations, they can be fined up to €20 million or up to 4% of the annual...

High Income Child Benefit Tax Charge

The High Income Child Benefit Tax Charge (“HICB”) has been around since January 2013, and most families are aware of its existence. However, there are still aspects of the HICB about which affected families must take notice.  And we still find people who are totally...

Happy New Tax Year!!

So, no sooner have we got everyone’s tax returns in for the 2017/18 tax year, the new year is upon us! We can now start submitting your tax returns for the 2018/2019 tax year, and there is no time like the present to get this done. Here are the benefits of early...

Reminder – Paying your Self-Assessment Tax

I’m sure most have you have settled your Self-Assessment tax return bill by now, but for those of you that haven’t, just a friendly warning:     Late payments: HMRC will automatically charge interest from 1st February on all late payments HMRC will add a fixed 5%...

January 2019 – Personal Tax Return Season

Tax Return Deadline All personal tax returns for the year ended 5th April 2018 must be submitted no later than 31st January 2019. Late filing can lead to penalties of over £1,000. If your return has not already been submitted, or is not in hand, please contact...

Workplace Pensions

From 6 April 2019, the minimum amounts that both employers and employees must pay into the automatic enrolment pension scheme will increase.  These changes are as follows: Currently, an employer is required to pay a minimum of 2% with the employee adding 3% to make an...