Managing Documents at Deadline Time
Tax deadlines have a nasty habit of suddenly looming. Whether you’re waiting until the last minute to file your Self-Assessment, or you have another VAT deadline on the horizon….
Tax
Tax might be inevitable, but it’s also pretty confusing at times. Find out how and when you need to pay tax in your business, what tax relief and allowances are available, and discover tips and advice to help you keep good financial records quickly and easily.
Accountants, Are You Talking To Your Clients About MTD for Income Tax Self Assessment (ITSA)?
Let’s start this with another question. Should you be talking to your clients about Making Tax Digital for Income Tax Self Assessment (ITSA)? Guidance around it is still fairly generic, so it’s difficult to offer clients much in the way of detail. But, the internet is slowly filling with articles rehashing what little is known…
The Benefits of Submitting Self Assessment Sooner Rather than Later
Completing a self-assessment tax return isn’t something that many businesses look forward to, but that doesn’t mean that it always has to be stressful. Although there are other priorities to juggle, there are plenty of reasons to get ahead and complete a return sooner rather than later. Why submit a tax return earlier? There are…
How Do I Make a VAT Submission?
Value Added Tax (VAT) can seem daunting, but once you get the hang of the process it becomes much more manageable. Whether you’re a seasoned business owner or a newbie to the world of commerce, understanding how to make a VAT submission is really important. Let’s take a look at how you can handle VAT…
Where Do I Find My VAT Reference Number?
Your unique VAT number is shown on the registration certificate which HMRC issue when your business becomes VAT registered. You can also view it by signing into your online tax account (or asking your accountant). What does my VAT reference number look like? If you have a UK VAT number it will be 9 digits…