TaxAssist Accountants

Be in with a chance to win a £500 Virgin Experience of your choice! Do you know a friend or business who needs a professional accountant? If you refer a friend to TaxAssist Accountants, you and your friend will both get a chance to win! Available for a limited time only, click the link for details- https://taxassistaccountants.referralrock.com/v2/2/passwordlessaccess

Big thanks to Brian for the amazing review! We're thrilled to hear you had a great experience!

Today’s TaxAssist Glossary pick is...National Insurance 📚

Our latest YouTube video on '5 Accounting Mistakes Businesses Make' is now live! Click the link to watch it now - https://youtu.be/ftjeGxshJuU

5 Common Accounting Mistakes Businesses Make & How to Avoid Them If you're a business owner handling your own accounting, you might be making errors that could affect your business's financial health. In this video, we’ll ...

Knowing key tax dates is crucial for every employer💡 Check out these essential dates to keep your business on track!

Thinking about selling your business? Business Asset Disposal Relief (BADR) could significantly reduce your tax bill. 💼 But with the Autumn Budget around the corner, will these rules change?

Thinking about starting a business partnership? Our article breaks down the keys to success - learn how to communicate effectively, set clear goals, and foster a strong, collaborative relationship.

Chancellor Rachel Reeves is set to unveil her Autumn Budget on 30th October. We will produce a newsletter explaining the Government's changes that could affect you and your business.

Starting a new business? 🚀 Whether you're launching your dream start-up or just brainstorming ideas, having the right accountant can make all the difference.

Reminder! 🚨 Don't forget to register for Self-Assessment before the 5th October deadline! Avoid the last-minute rush and get it done now.

Check out our latest YouTube video all about Directors' Loan Accounts! 💼 Click below to watch now!

Understanding Director's Loan Accounts: Essential Guide for Business Owners If you're a business owner looking to grasp the intricacies of Directors Loan Accounts, you're in the right place!In this video, we dive into what a Director...

On this International Day of Charity, we are proudly supporting Dementia UK. We are dedicated to helping Dementia UK raise awareness and funds so they can grow the number of specialist dementia nurses, known as Admiral Nurses, and support more families living with dementia. You can join us in helping to support their life-changing work by donating here - https://www.justgiving.com/campaign/taxassist-and-dementiauk 💙

Self-employed in the creative field? Check out our essential tax tips to make sure your finances are as inspired as your art!

Are you sure you're paying the right crypto tax? Stay on top of your crypto and ensure compliance with the latest regulations. Check out our article to keep your investments safe and sound. https://www.taxassist.co.uk/resources/news/are-you-paying-the-right-crypto-tax?utm_source=facebook&utm_medium=link&utm_campaign=national_facebook_september24

Curious about capital gains tax? 📈 Find out when you may have a CGT liability so you can make informed financial decisions.

Our latest YouTube video discusses whether being a sole trader or limited company is best for you. Click below to watch it now! ⬇️

Sole Trader vs Limited Company: Which Is Best for You? Trying to decide between operating as a Sole Trader or setting up a Limited Company? In this video, we compare the key advantages and drawbacks of both busin...

In support of our chosen charity Dementia UK, Alex Mathew, the owner of TaxAssist Accountants Haywards Heath, will be reaching for the skies for a charity skydive on 28th September. Good luck Alex!

TaxAssist Accountants Haywards Heath on LinkedIn: Alex's Skydive for Dementia UK *Skydive - Dementia UK* This is the craziest thing I have ever put myself up for 🙃 I am taking up a Skydive challenge 🙀 This is to raise money for…

Discover everything you need to know about Simple Assessment and take the stress out of tax season.

Happy International Dog Day! 🐶Let's paws for a moment and celebrate the loyal companions who make our lives richer every day.

Work in the entertainment industry? Did you know there are specific expenses you can claim to maximise your tax savings? From costumes and makeup to travel costs and agent fees, every little bit helps!

Changes to the tipping law are coming on 1st October?
But what is the Tipping Act? 🤔 As an employer it’s crucial you know your responsibilities when it comes to tips, including how you should distribute them. The Tipping Act ensures that any tips reach their rightful destination – the hardworking staff!

Happy International Cupcake Day!🧁 Let's celebrate with frosting and fun – because calories don't count today!

At TaxAssist Accountants we can do more for you. From bookkeeping to tax planning, we're here to take the stress out of your finances and help you achieve your business goals.

Saying goodbye to an employee can be challenging, so it is crucial to handle the transition smoothly.

Did you know that running your business as a limited company has several tax advantages? We’ve summarised the top 5 insights that you need to know about limited companies. https://www.taxassist.co.uk/leamington-spa/resources/articles/5-things-you-need-to-know-about-limited-companies

From 6th January 2024, the main rate of class 1 National Insurance Contributions was reduced from 12% to 10%. We look at some examples how this reduced rate could save you money - https://www.taxassist.co.uk/leamington-spa/resources/questions-and-answers/reduced-national-insurance-contributions-what-should-i-expect-on-my-payslip-at-the-end-of-the-month

Don’t leave it until the last minute - With just days to go until the 31st January deadline, just over 5 million people still haven’t completed their self-assessment tax returns. Have you completed yours?

As the UK continues to face the cost of living crisis, many businesses are relying on their accountants more than ever. If you need help with managing your cashflow, tax obligations or financial planning, don't hesitate to contact us to book your initial consultation today.
https://www.taxassist.co.uk/leamington-spa/resources/news/more-businesses-turn-to-their-accountants-to-help-navigate-the-cost-of-living-crisis

If you are a landlord, our short guide details all the key information you need to know to ensure your business is up to date as we head into 2024. Click the link here to read our guide now -
www.taxassist.co.uk/leamington-spa/resources/articles/top-tax-tips-for-property-landlords

Due to popular demand, our friends at TaxAssist Financial Services are hosting another Pension Webinar!
📅 Date: 12th January 2024
⏰ Time: 12:30-13:30
TaxAssist Financial Services Independent Financial Advisers will guide you through pension planning and answer all your questions. 🗣️🧾
Learn how to build a pension pot to meet your retirement goals and explore the current state of the pension market. 💼📈
Register now ➡️ https://us06web.zoom.us/webinar/register/WN_LF1wtlieQvyxW4T5ymsEZg

(Note: The value of investments and any income from them can fall as well as rise, and you may not get back the original amount invested.)

Chancellor Jeremy Hunt has announced the Spring Budget 2024 will be presented to Parliament on 6th March 2024. To stay up to date with any changes stated in the budget, sign up to our newsletter.
www.taxassist.co.uk/leamington-spa/resources/news/spring-budget-confirmed-for-6th-march

Are you thinking of starting a business in 2024? Here are 6 reasons why 2024 might be an ideal time to embark on your start-up journey.

Seizing the moment: Six factors for launching a successful business in the new year Thinking about launching your own business? The start of a new year could be the perfect time. This guide outlines factors to consider when beginning your entrepreneurial journey.

HMRC’s new information gathering rules introduced on 1st January have caused confusion among people using digital platforms like Vinted or Etsy to sell their unwanted belongings. We explain what the rules mean and if they will affect you by clicking here -
www.taxassist.co.uk/leamington-spa/resources/questions-and-answers/do-i-need-to-file-a-tax-return-if-i-sell-my-clothes-online

Last week over 50,000 people submitted their self-assessment tax return over Christmas and New Year's Eve. However even with this surge, HMRC has revealed 5.7 million taxpayers are yet to hand in their tax return. -
www.taxassist.co.uk/leamington-spa/resources/news/thousands-submit-their-self-assessment-tax-returns-on-christmas-day

Are you ready to make 2024 the best year yet for your business? Here are some helpful tips on how to improve your business performance, save tax, and plan ahead. Click here to read the full article -

www.taxassist.co.uk

Be in with a chance to win a £500 Virgin Experience of your choice! Do you know a friend or business who needs a professional accountant? If you refer a friend to TaxAssist Accountants, you and your friend will both get a chance to win! Available for a limited time only, click the link for details. – https://taxassistaccountants.referralrock.com/v2/2/passwordlessaccess

The deadline for filing your 2022/23 self-assessment tax return is fast approaching. If you miss it, you could face a £100 penalty from HMRC. But there may be a way out if you have a reasonable excuse for the delay. To find out what these are and what to do if you are late to file, click the link to our article here - www.taxassist.co.uk/leamington-spa/resources/articles/late-tax-returns-and-reasonable-excuses

As a director, there is a lot to consider to keep your business on track. In the link below we have written a concise list of points covering the most important things directors should know. -
www.taxassist.co.uk/leamington-spa/resources/articles/5-things-directors-need-to-know

The filing deadline for your company accounts depends on when your company’s year-end is. For example, if your company year-end is 31st March, you will need to submit your company accounts to Companies House by 31st December. If you are unsure about what deadlines apply to you, click the link to read more -
www.taxassist.co.uk/leamington-spa/resources/questions-and-answers/when-is-my-company-accounts-filing-deadline