FWD Tax Tips and News

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01/02/2012
February Key Tax Dates
2 - Last day for car change notifications in the quarter to 5 January - Use P46 Car Read More...
 
February Question and Answer Section
Q. What records do I need to keep to claim travelling expenses? Do I also need to keep receipts for petrol? Read More...
 
Reporting EU Sales to HMRC
If your business is registered for VAT in the UK and you sell to VAT registered customers in other EU countries you are required to submit an EC sales list (known as ECSL or form VAT 101), to HMRC. If you move your own goods to a branch or subsidiary of y Read More...
 
Penalties for Late Payment of PAYE
PAYE and other payroll deductions need to clear Taxman's bank account by 19th of the month, if paid by cheque. Electronic payments can arrive by 22nd of the month, or the last banking day before that date. Read More...
 
Confessing to Tax Fraud
The Taxman is currently writing to taxpayers who are suspected of tax fraud, asking them to make a full disclosure of their wrong-doing under the Read More...
 
Closing Down Your Company
If you are in the process of closing down your company, or are thinking of doing so, you need to know about the change in the tax law from 1 March 2012. If your company contains significant value, you will want to extract the cash and assets in the most t 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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