FWD Tax Tips and News

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01/12/2014
Cash Basis
From 6 April 2013 you can use two 'simplifications' to make accounting easier for your unincorporated businesses: the cash basis and fixed rate deductions. Read More...
 
R and D Enhanced Deductions
Companies (not unincorporated businesses), can claim enhanced deductions for qualifying costs they incur on research and development (R and D) projects. Read More...
 
Let Property - Repairs or Improvements
If you let out residential property you need to know whether you can receive a tax deduction for the cost of replacing or repairing furniture and fittings provided inside that property. Read More...
 
Let Property - Furniture and Fittings
When your property is fully furnished you can claim a wear and tear allowance (10% of the net rents), each year to cover the cost of replacing furniture and furnishings such as carpets and curtains. Read More...
 
December Questions and Answers Section
HMRC has reminded me to claim the employment allowance for 2014/15 worth £2000. My company doesn't pay any employers' NI on my very low salary, so I thought I couldn't claim the employment allowance. Read More...
 
December Key Tax Dates
19/22 - PAYE/NIC, student loan and CIS deductions due for month to 5/12/2014 Read More...
 
Autumn Statement 2014
Summary - The Chancellor of the Exchequer pulled out a few surprises in his Autumn Statement. Read More...
 
About Us

FWD Accounts Suffolk, offering local business owners and individuals a wide range of services.

We help our clients by producing regular management accounts for their business and then talk through those numbers and what they mean.  Email Jason at jnf@fwdaccounts.co.uk if this is of interest, and he will provide you a quote for doing this and he can explain how it would work.  Waiting for this financial information until your year end is often too long, and it does not allow the business to make corrective action at an early stage, if it was necessary. It also allows us time to make tax planning decisions as the year develops, to minimize the final tax payable.

All clients are entitled to fixed fees, work delivered on time and phone support. Visit our website fwdaccounts.co.uk for more information.

 

 

 
 

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