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Harnett Accountants in Twickenham are here to tell you that a compulsory pension scheme for all employees is to be introduced over four years from October 2012. The largest employers (120,000 or more employees) will be forced to sign up first. Those who employ less than 50 workers will be required to take part in […]
Harnett Accountants in Twickenham were asked by one of our clients whether he would still get the lower 10% rate of capital gains tax on any profit he made on the sale of his furnished holiday letting property, even though it hadn’t been let for 2 years. Harnett Accountants Twickenham were more than happy to […]
The social/business networking site Linkedin is a great way for companies/businesses to generate work and socialise with potential co-workers. Recently Harnett Accountants Twickenham have received several queries about whether this and similar business networking site’s subscription fees are a tax allowable expense for their company. We at Harnett Accountants Twickenham were more than happy to […]
A client came to our Harnett Accountants in Kingston in kingston who specialise in HR and Legal at with this query. “I have recently prepared all our companies accounts and submitted them to the Companies House and Tax Office. However, the Taxman sent back my company’s accounts and tax return saying they were in the […]
A client asked our accountants in Kingston whether she would be able to receive repayment claims for Tax on Interest. Harnett Accountants were more than happy to inform her that she may be able to claim a tax repayment from the Tax Office if her bank had deducted 20% Tax from interest paid. For example, […]
There is a myth in certain quarters that every legitimate business is required to be VAT registered. Harnett Accountants in Kingston insist that this is not the case. A sole-trader, partnership or company does not have to become VAT registered until the total sales for 12 consecutive months exceeds £73,000, this does however apply to […]
It’s coming up to July, one of those big tax-paying months. So Harnett Accountants in West London thought it would be a good idea to remind you of what is due and what could go wrong if you accidently miss those all important payments. – If you are self-employed you need to pay your income […]
It was announced in 2011 that the Taxman is going to start targeting tax evasion by online traders, private tutors, personal trainers and life coaches. Our accountants in Kingston have recently received several queries about this from clients, so we thought a blog was necessary. The Taxman can now send out automatic search programmes (web […]
With reference to one of our prior blogs on questioning that Taxman, our accountants in Kingston were presented with this query from one of their clients. “I’ve received a letter from the Taxman asking for my tax return for the year to 5th April 2011 to be submitted. But I submitted that tax return in […]
As accountants in West London we’re used to clients coming to us with their Tax related issues. Recently a client came to one of our accountants in Kensington with an enquiry about reclaiming excess tax deducted from his severance pay. On 15th April 2012 the client received severance pay of £80,000 equal to his annual […]
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