James McBrearty invited to Downing Street
Last week as part of Small Business Saturday I was one out of only 100 businesses in the whole UK to be chosen to be invited to Downing Street: When we arrived, Downing Street had been transformed into a Christmas
What are the fines for a late tax return?
The fines for not submitting a tax return are unfortunately quite severe now… and also apply even if you don’t owe any tax or are in fact due a refund: • After 31st January – £100 late return penalty •
Changes to Class 2 National Insurance collection
We now have further details of how the changes, reported back in March 2014, to the collection of Class 2 National Insurance will operate. (These are subject to Parliamentary approval.) Rather than the current system of collecting Class 2 National
Deadline to collect unpaid tax through your tax code
We are now getting close to the end of 2014, and the final tax return deadline in January. The end of December also brings another tax deadline, that many people may not know about – the tax code deadline. Where
HMRC Personal Tax Summaries
This week sees the issue of the first Personal Tax Summaries from HMRC. I reported that these were coming, back in April 2014. These statements will be sent out to 24 million people, and set out their tax liability for
Small Business Saturday 100
I was proud to be picked as one of only 100 businesses in the UK to be featured by Small Business Saturday. Yesterday my business was promoted by the event across their social media channels, as we lead up to
31st October tax return deadline
We are now down to the final week before the 31st October tax return deadline. After that paper returns submitted to HMRC will unfortunately result in a £100 late return penalty. There is still the final tax return & payment
ATT Admissions at the House of Lords
Last week saw me revisiting the House of Lords with the ATT, this time in my capacity as ATT Council member: We had exceptional weather for October, almost 20 degrees, and the guests were able to take in the view
Celebrating 25 years of the ATT
Last night saw me at the Tower of London, to attend the 25th anniversary celebrations for the Association of Taxation Technicians(ATT). I’m a fellow of the Association, and also serve on their Member Steering Group. We started our evening with
Deadline to register for a 2014 tax return
People may be aware of the usual tax return deadlines at the end of October and January, but can often miss the registration deadline which is earlier. If you need to submit a tax return for the year to 5th
Simplified Expenses: What are they and how could you benefit?
A guest post by Customer Service Guru: In late 2013, HMRC laid out plans for a new method of expense calculation for business owners called simplified expenses. The new scheme is designed to make calculating business expenses easier for self-employed
Small Business Saturday – 6/12/14
I took part in the event last year, and will be again in 2014. If you haven’t heard of it before, here is what they say: Small Business Saturday is a grass-roots, non‐political, non-commercial campaign that supports, inspires and promotes