Self-assessment deadline 31st January 2014 and penalties

Posted Jan 08, 2014

Self-assessment deadline 31st January 2014 and penaltiesThe self-assessment deadline for the last tax year is nearly here! After all the festivities it is probably the last thing you want to be thinking about. But if you have not done your 2012/13 self-assessment tax return do make sure that you do it before the 31st January 2014 as HMRC fines are now quite potent and they apply instantly.  - Read more >>

Payroll changes - RTI (Real Time Information)

Posted Apr 05, 2013

Payroll changes - RTI (Real Time Information)Do you run a company with employees or are you a sole director of a company? If so then as of the 6th April 2013 you will have to start reporting PAYE information to HMRC in real time as employers. This is referred to as Real Time Information or RTI.   - Read more >>

Record Keeping

Posted Mar 19, 2013

Record KeepingOne question that I’m always asked is “How long do I need to keep my invoices and paperwork for?” The simple answer is 6 years, which is stipulated by HMRC.  - Read more >>