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%...

Brexit – things to consider for your business

Brexit On 29th March – Brexit will happen, or something will happen, or not.  Who knows? But every business will be affected in one way or another by Brexit or at least the uncertainty surrounding it. The following must not be read as a pro or anti- Brexit – just...

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...

Should I buy an electric car through my company?

  This is a topic which is constantly cropping up with our clients, as electric cars become more commonplace and are reducing in price. The following is a very brief rundown on the topic, as at October 2018. There are two aspects to company cars: How they are treated...