Taxassist Accountants

Move over spreadsheets. It’s time to go digital. We’re here to help you make the switch from traditional accounting to digital software that’s jam packed with benefits for you and your business. If you’re ready to evolve from traditional accounting call us today on 01525 887447 . http://ow.ly/Jx3f101DTEw

A new survey commissioned by QuickBooks UK, has revealed 11% of business owners are still in the dark about new rules on digital tax records & 46% who thought they complied with Making Tax Digital did not yet meet the necessary requirements. http://ow.ly/BBln101DNyP

What to do if you receive a letter from Companies House asking you to submit a Confirmation Statement. http://ow.ly/RAvx101DxPh

Almost 5,000 parents who claim child benefit have received tax refunds totalling £1.8m after HMRC opted to cancel ‘failure to notify’ penalties. http://ow.ly/UUls101DhHb

What you need to know about your tax liability if you carry out work for a construction company http://ow.ly/ZWUd101D2jw

Making Tax Digital is here for small businesses - have you registered yet? We can help - call us today on 01525 887447 http://ow.ly/yETf101zvj9

Making Tax Digital for VAT is here - is your company software compliant? http://ow.ly/hIIm101wDIp

Launched your own business? Did you know you may be able to claim back on some of your start-up costs? http://ow.ly/xcvq101CFXv

Scheduled maintenance will take place over the next two weekends on the Making Tax Digital services for VAT and Income Tax Self-Assessment (ITSA).
MTD VAT and Income Tax services will not be available at the following times:
• 11.30pm on Saturday 8 June to 10.30am on Sunday 9 June
... • 11.30pm on Saturday 15 June to 10.30am on Sunday 16 June
During these periods, you will not be able to:
• Sign up for Making Tax Digital
• Create an Agent services account (although all other Agent services will be available)
• Submit returns
• View previous submissions and payment details
• Set up new or cancel and amend existing direct debits
• Review and update any business details
Further scheduled maintenance for the MTD VAT service will take place on 17 June, 9am-5pm, when you will be unable to submit VAT returns through MTD software or view return information through your online services account or software.
All other elements of the MTD services will be available during this period, including the ability to sign-up to the service. The payments service will not be available during the Sunday downtimes but will be open on Monday 17 June.
If you would like to know more about how we can help your small business with Making Tax Digital, click the image below. http://ow.ly/7PyS101wLA6
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Are you missing out on tax relief? Recent statistics suggest just 5% of eligible small companies are claiming the research and development tax relief they are due for their innovation http://ow.ly/n2oG101CrRB

More than a quarter of small business owners have been forced to pay their own suppliers late as a consequence of unpaid invoices from larger companies. http://ow.ly/PSZ8101C7t8

Landlords next for Making Tax Digital - HMRC invites landlords with furnished holiday lets to take part in Making Tax Digital trials. http://ow.ly/4NLr101BVGU

Don’t waste your bank holiday working on your receipts, use the #ReceiptBank App to take a photo of your receipt on the go. Make it a Receipt Bank Holiday! http://ow.ly/2dl7101BwU8

Thinking of leasing a car? Then you may be eligible for tax relief. http://ow.ly/uvzU101BvWK

HM Revenue and Customs is forging ahead with plans to tackle tax evasion in the restaurant and takeaway sector. http://ow.ly/rCED101BwIe

Employers: Your workplace pension has to be formally reviewed every 3 years, have you done yours... http://ow.ly/g7Y8101Bq0U

Is your bookkeeping software Making Tax Digital-compliant? If you are not sure call us on 01525 887447 http://ow.ly/hIIm101wDIp

Want to work for yourself? Here are some things to consider when starting your own business. http://ow.ly/TiIY101Bc4N