FWD Tax Tips and News

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01/05/2014
Second Incomes
The Taxman is reaching out to employees with second incomes; which could be anything from selling home-made items, to working as a self-employed consultant. Read More...
 
Tax Nudge
A "nudge" in this context is a piece of advice or an arrangement designed to encourage you pick the option the Government wants to you to choose, such as contributing to a pension, or eating healthier foods. Read More...
 
Second Homes
If you have more than one home, - properties actually used as your home - you can elect for one of those properties to be your tax-exempt main home. Read More...
 
Flat Rate VAT
The flat rate VAT scheme for small businesses is designed to reduce administration hassle for the businesses that use it, not to reduce the amount of VAT the business pays over to HMRC, but that is often a side effect of using the scheme. Read More...
 
May Questions and Answers
Q.If a director takes a £25,000 loan from his company and agrees to pay interest at say 3.5%, does this need to be declared on the company's tax return or on a form P11D? Read More...
 
May Key Tax Dates
02 - Last day for car change notifications in the quarter to 5 April - Use P46 Car 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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