SJB & Co Chartered Accountants
As accountants, a lot of our time is spent answering your queries and questions to help ensure you make the best financial decisions for your business. However, (after a while), the same questions inevitably start to crop up. So, in the hope that we can help out (and save you some time), we’ve answered your […]
Top 10 Accountancy Questions Read More »
As summer holidays are looming for many there are still a few tax and financial issues to consider. Self-assessment tax payments due by the end of the month and its time to send in tax return details soon if you have not already done so, please see below for more details. We also cover below
With rising inflation and recovery after Covid are you checking your turnover regularly? Alternatively would registration be beneficial? Most accounting software can cope with the calculation and filing of VAT returns. So the good news is, being obliged to register for VAT is not the time-consuming chore it used to be. The following notes set
Should you be registered for VAT? Read More »
Tax Returns! We are now nearly two months into the new tax year and it is time to think about completing tax returns! Tax return information should be available with banks and brokers making annual reports available online or sending them out and employers issuing end of year details. We are asking all clients to
June 22 Update – Tax returns Read More »
The annual tax-free capital gains allowance is £12,300. Consider selling assets, shares for example, that can be sold within the tax-free allowance. If your chargeable gains are likely to exceed the £12,300 limit, are there any assets you can sell at a loss to reduce the total gains below the tax-free limit? It is no
Year-end capital gains tax planning 2021-22 Read More »
Tax payments due 31 JanuaryThis a quick reminder that tax due for last year and payments on account for the current year are due by 31 January. Clients who have completed their tax returns will have the details in the tax return documentation sent out with their return. Details of how to pay if you
31 January Tax Payment Reminder And Filing Deadline Read More »
Christmas is usually a time for people to get together, and an opportunity for you to celebrate with your team. That’s been difficult in recent years, but this year, perhaps can be a bit better. So, instead of the usual Christmas party, why not do something a bit different? Don’t underrate team building As the
Christmas parties and other tax efficient options Read More »
The Chancellor, Rishi Sunak, presented his Autumn 2021 Budget and Spending Review on 27 October 2021. Before taking any action based on the contents of this update, please contact us to discuss what the Budget announcements will mean for you and that consider your unique business or personal financial circumstances. Impact on your personal taxes
Budget Impact Statement October 2021 Read More »
Application must be made before 30 Sept 2021 The final Self-Employed Income Support Scheme (SEISS) grant covers the period from 1 May 2021 to 30 September 2021 (five months). Online applications must be made before 30 September 2021 and the process is far from simple. This is an alert to self-employed traders that have not
Final SEISS claim’s deadline Read More »
A summary of the changes announced to increase funding for the NHS and social care budgets from April 2022 The National Insurance (NIC) and dividend tax increases announced yesterday will apply from April 2022 and will be repackaged, in part, as a Levy from April 2023. This Levy will also affect retired persons still
Tax increases to fund NHS and social care proposed Read More »
