Posts Tagged: accountant

Dividend Tax

1 day to delay tax by 12 months   What is the issue? Dividends are generally taxable on the date they were received. This sounds simple, but if the tax rate changes this can be vital to avoid overpaying tax. For example, a dividend was received on the 5th April 2020, then the tax on… Read more »

Income Tax Deferral for the Self-employed

What help is available from HMRC?     What is it? The Self-Assessment payment on account, that is ordinarily due to be paid by July 2020 may now be deferred until January 2021. This deferral is optional, and you can pay the second payment normally if you wish, to avoid a large payment in January… Read more »

Tax Expert Earns First Review on Clutch!

Accounting and financial paperwork for a company can be an additional hassle. However, with proper tax keeping and finance practices, companies can focus on maximizing their quantified sales and revenue in a highly efficient manner.    We want our clients to reach their full potential, and for them to do that, we are here to… Read more »

Big Changes with Employment Allowance

The current rules on employment allowances are undergoing big changes in April 2020.     From April 2014 employers have been entitled to £3,000 off their National Insurance bill. But from April 2020, employers will only be eligible if their total secondary Class 1 NIC liability was under £100,000 in the previous tax year. This… Read more »