by James Wallis | Jun 2, 2022 | Accounting, HMRC, Latest Tax News, Role of Manchester Accountants, Salford Accountants, SEISS Grants, Self-assessment, Tax News, Tax Tips
HMRC is providing analyses to taxpayers who have gotten extra self-employed income support scheme (SEISS) give than they were entitled to, and also those costs must be paid or appealed within one month. Throughout the Covid-19 pandemic, HMRC was under pressure to...
by James Wallis | Jun 1, 2022 | Accounting, CIS, Construction, Role of Manchester Accountants, Salford Accountants, Tax Tips
Specialist construction accountants Our group of Salford Accountants have over twenty years of experience collaborating with construction as well as residential or commercial property companies in the Salford area. Our specialist building and construction and...
by Martin Craighan | Jun 1, 2022 | HMRC, Tax News, Tax Tips, VAT
VAT On loyalty schemes. What are loyalty schemes? There is a great deal of various loyalty schemes created to raise turnover and also preserve customer loyalty. They do this by linking buys from a business to an incentive, or reduction in price on further...
by Martin Craighan | Jun 1, 2022 | Accounting, HMRC, Latest Tax News, Tax Tips, VAT
How is VAT calculated on second-hand goods? Most of the time, businesses dealing in used products buy the products or take them as trade-ins from exclusive people and afterwards market them on, making use of the Second-hand vat margin scheme. If the Second Hand...
by Martin Craighan | May 27, 2022 | Latest Tax News, Tax News, Tax Tips
HMRC is writing to taxpayers it thinks should pay off several of the self-employment income assistance scheme give they received. Might this impact you and what should you do if you get a letter? In 2021 HMRC functioned out if and exactly how much 4th and also 5th...
by Martin Craighan | May 25, 2022 | Latest Tax News, SAVE YOU TAX, Tax News, Tax Tips
Camouflaged as reputable, the expanding variety of tax avoidance schemes has actually led HMRC to act to caution taxpayers. In a bid to enlighten organizations and people on the threats of tax evasion schemes, HMRC has actually launched brand-new assistance on how to...
by Martin Craighan | May 25, 2022 | Accounting, Business Startup Tips, Tax News
₤ 9,100 a year as a monthly directors salary, which relates to ₤ 758 monthly the balance is to paid in company dividends and these should be taken no more than once a month and usually paid monthly . It seems like a weird concern: “what is actually the optimal...
by Martin Craighan | May 25, 2022 | Accounting, HMRC, Tax News, Tax Tips
Income Tax rates as well and allowances – 2022/2023 The tax rates and allocations for the 2022/23 tax year have now been verified. There were few shocks, as the Chancellor had actually revealed in his March 2021 Spending plan that many allowances and rates would...
by Martin Craighan | May 24, 2022 | HMRC, Uncategorized
Due to the fact that of neglected passwords or mobile phone issues is discouraging, obtaining secured out of Government Gateway. A routine question from taxpayers is that they are not able to access the Government Gateway VAT site due to the fact that they have...
by Martin Craighan | Dec 4, 2019 | Tax Tips
Tax Tips for Paying Company Directors As a leading firm of accountants in Manchester, Salford Tax Specialists specialise in acting for small to medium sized limited companies and offer tax advice on the subject. Income Tax : £100,000. For 2019/2020 tax year the first...
by Martin Craighan | Dec 4, 2019 | Tax Tips
Tax Tips for Limited Company Directors Salford Tax Specialists considers the question asked by a number of our clients who have considered the question – should I run my trading business as a Limited Company, or should I trade as a Sole Trader. What are the...
by Martin Craighan | Oct 31, 2019 | Accounting
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