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Harnett Accountants Wimbledon offer this useful advice on self billing: ‘Self-billing’ is where the customer in the supplier/customer relationship raises the invoices to themselves for work done or goods provided by the supplier, instead of the supplier raising those invoices. Self-billing helps large organisations that need to pay out lots of small amounts to hundreds […]
Here’s another useful tax tip from Harnett Accountants Hammersmith: Have you received a tax calculation (on form P800) which shows you owe tax that you thought had been collected under PAYE? Every year the Tax Office undertakes a ‘PAYE reconciliation’ to check whether the tax collected from pensions and salary under PAYE was the correct […]
Harnett Accountants Twickenham bring you this report from Accountancy Age, revealing how VAT claims going back as far as 1973 are now going through the European courts, and could see the taxman repaying tens of billions in repayments: “THE COURTS are presumably growing tired of VAT reclaims cases now. At least, if they aren’t, they […]
Are you paying too much tax unnecessarily? Harnett Accountants Wimbledon bring you this report published on the ‘This Is Money’ website: Despite the ongoing financial strain being felt by millions, new figures have revealed that as a nation we will gift an eye-watering £12.6billion in unnecessary tax to the taxman this year. According to professional […]
Welcome to the third and final instalment of our August Tax Q&A from Harnett Accountants Wimbledon. Please contact us through our website with your question to have it appear in next months tax Q&A! Also you can follow us on Twitter, Facebook and Google+. Additionally, you can keep reading our daily blogs. Tweet Q. […]
Harnett accountants Wimbledon brings you this information about the tax taskforces which will be operating around the country from April 2013. These are teams of tax investigators who target particular trades in defined geographical areas with one-to-one visits. A typical taskforce team will include specialists to cover the taxes the business pays: VAT, PAYE, and […]
Harnett Accountants Kingston offer the following advice on changes to loss and interest relief in 2013: A lot of businesses have made significant losses in the current recession and will continue to make losses for a while yet. Where those losses are made outside of a company they can generally be set-off against the entrepreneur’s […]
VAT is a subject that, understandably, often crops up amongst our clients, with our accountants in West London receiving many questions. One of our accountants, Hammersmith area, brings us the latest advice. Harnett Accountants Hammersmith Have you signed-up with the Tax Office to submit your VAT returns online, or agreed that we will do this […]
If you have a second property, then it should be working for you to reduce your tax bills. Harnett accountants west london offer this new video tip explaining how your second property could do just that if your accounts are managed correctly. So why not get in touch with us, and we will advise you […]
A new survey published by RSM Tenon has revealed that 33% of UK SME’s are missing out completely on tax breaks which they are entitled to. The highest proportion of SME’s missing out are located in the north, and the most underutilised tax break on offer was the 225% tax relief available for R&D projects. […]
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