FWD Tax Tips and News

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01/06/2014
Marginal Tax Rates
What rate of tax would you pay on an additional £1 of earnings? If your annual income is between £41,865 and £150,000 you may think the tax rate would be 40%, but the peculiarities of the UK tax system mean you could pay much more. Read More...
 
Real Time Information (RTI) Interest
In the past some employers would play the PAYE system, holding on to the PAYE deductions until the last payment date of the year, and then paying the balance due before interest was charged. Read More...
 
VAT and Discounts
Do you offer prompt payment discounts to your customers - known as PPDs? Read More...
 
Auto-enrolment
Auto-enrolment is the term for the law that requires all employers to register their employees into a qualifying workplace pension scheme. Read More...
 
June Questions and Answers
Q. My father resigned as a director of our family business in March, and started to draw his pension, but he retained 15% of the shares in the company. It seems likely that company will be sold later this year. Read More...
 
June Key Tax Dates
19/22 - PAYE/NIC and CIS deductions due for month to 5/6/2014 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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