Taxpayers encouraged to ensure returns are correct and complete
HMRC has released updated Guidelines for Compliance (GfC13), outlining its expectations of taxpayers who may be considering applying novel or unlikely interpretations of tax law, or who are uncertain about how the law applies when preparing tax returns or related documents.
Please contact The Hollies Bookkeeping Services on 01743 790086, email info@holliesbookkeeping.co.uk or visit www.holliesbookkeeping.co.uk
Mistakes small businesses and the self-employed should avoid
Even though it’s important to make sure your financial records are accurate, it’s not often the most exciting part of working for yourself, so here are some mistakes small businesses and the self-employed should avoid.
It’s easy to focus on the more enjoyable aspects of running your business, but pushing bookkeeping to the back of your mind – and letting the documents pile up – really can cause you issues down the line.
Please contact The Hollies Bookkeeping Services on 01743 790086, email info@holliesbookkeeping.co.uk or visit www.holliesbookkeeping.co.uk
Making Tax Digital for income tax is a key part of the Government strategy.
This month here at The Hollies Bookkeeping in Shropshire we want to provide you with a summary of the key measures announced by the government as part of a tax administration and simplification update,
These measures announced at the end of April, include a welcome delay to plans for mandatory payrolling of benefits in kind (BIK).returns digitally. They’ll also move from an annual return to quarterly returns.
If you are concerned about how any of the changes could affect your business, please contact The Hollies Bookkeeping Services on 01743 790086, email info@holliesbookkeeping.co.uk or visit www.holliesbookkeeping.co.uk
Government announces raft of tax simplification measures
This month here at The Hollies Bookkeeping in Shropshire we want to provide you with a summary of the key measures announced by the government as part of a tax administration and simplification update,
These measures announced at the end of April, include a welcome delay to plans for mandatory payrolling of benefits in kind (BIK).returns digitally. They’ll also move from an annual return to quarterly returns.
If you are concerned about how any of the changes could affect your business, please contact The Hollies Bookkeeping Services on 01743 790086, email info@holliesbookkeeping.co.uk or visit www.holliesbookkeeping.co.uk