Despite being an avid football fan (did you know that?), I don’t think I’ve ever indulged myself by devoting space in my blog to this passion. But an article I read a couple of weeks ago, about the recent tax fraud trial of Messi and his father in Spain, struck a chord. Continue reading
From 30th June, the annual return is defunct, replaced by a Confirmation Statement. You will still use the Companies House (CH) online service to confirm the details held about your company, BUT there will be a number of differences which it’s really important to prepare for. Continue reading
A couple of months ago we highlighted the recent changes in Xero, and now it’s the turn of QuickBooks Online. As the online software providers are constantly developing and enhancing their products, it’s sometimes tricky to keep up. So here’s a run-down of what the QuickBooks Online chaps and chappesses have been up to lately!
As experts in Xero, we’re always keeping an eye on the development work that our friends at Xero HQ are performing, and putting in requests on our clients’ behalf for enhancements they’d like to see in the software. So we thought it would be a good idea to pull together the new features that have appeared within Xero over the last 12 months that are likely to be of the most use to our clients… Continue reading
A few weeks ago we alerted you to the fact that penalties for late filing of RTI submissions were due to start for the smallest employers from 6th October 2014… well, no sooner had the ink dried on my proverbial keyboard, then HMRC did an about-face. Yet another extension until the penalty regime starts – this time 6th March 2015!
Freeman Accounting Services Limited has been approved as a registered Growth Voucher adviser as part of the government’s Growth Voucher scheme, launched earlier in 2014. This means that we are authorised, as part of the scheme, to provide strategic advice in the areas of Finance and Cashflow to businesses wishing to grow and up to 50% of the cost of that advice may be funded by the government’s voucher scheme.
We are almost 18 months into the RTI filing regime for payroll schemes and it now seems certain that HMRC are going to press ahead with the introduction of their late filing penalty regime from 6th October 2014.
A NISA? What’s that, do I hear you ask? It was one of the main headlines in March’s Budget and it comes into effect on 1st July, but I’m not sure there is much awareness of it out there. I certainly haven’t seen the wave of promotion that I was expecting in the Media. So let me explain…
I hate to leave things to the last minute, so was very pleased when I was able to file the final tax returns of this season 3 days before the deadline! It’s so important to file those returns on time as there are severe penalties for filing late, even if you have no tax to pay.
However, to lighten the mood, I came across the following list of most unlikely excuses for filing late, provided by our dear friends at HMRC. They do have a sense of humour after all! So, to show that tax is not all dull and boring, I thought I’d share this with you! (And I particularly like #10!)
We were delighted to be nominated earlier this month as one of the six finalists in the Thames Valley Entrepreneur of the Year 2013 competition. This competition is run by an organisation called the Entrepreneur’s Circle and is a group of thousands of like-minded people, all running their own businesses, nationwide.