Virtue.Accountants

HMRC have announced they are willing to avoid issuing fines for late filing and payments relating to 2020 - 2021 personal tax returns.

It is still be encouraged to meet the original deadline for Jan 31st and avoid any interest being accrued.

Give us a call for more detail 01733 639076.

We specialise in courier driver tax returns.

Give us a call to see how we can help you:

01733 639076

Cracking the Christmas Tax Code!

https://virtue.accountants/blog/staff-payroll-and-christmas-gifts

Read our article and find out how to benefit from tax-advantages on Christmas gifts. We also tell you how to avoid the Christmas payroll trap.

staff-payroll-and-christmas-gifts Many employers will be thinking of paying their staff earlier than usual in December.

To ensure a smooth and effeceint tax process ensure you keep all of your receipts.

Call us 01733 639076 to see how we can help you.

A gentle reminder of the 31st January 2022 deadline to file your return to

Failure to submit on time could result in a £100 fine.

Call us today to help you prepare 01733 639076.

Paying shareholders through dividends sounds like something only the big firms do, this isn't true.

Small and profitable businesses can pay their shareholders dividends too.

Speak to us today and find out how this might save you tax in the long run.

Which VAT scheme is right for you?

VAT doesn't have to be spooky if you are working with us.

Get in touch and see how we can take the fright away!

We're sure you or your business have been impacted by the latest budget. Find out how by clicking on the link below:

https://virtue.accountants/blog/newsletter-autumn-2021-budget

Speak to us to see how we can help 01733 639076.

There are actually tax benefits to finding your life partner.

If you or your partner earn less than the personal allowance you can benefit from a £1,260 tax credit!

Best bit is, everyone is eligible for this - you do not have to be self-employed!

Speak to our team today and find out how we can help you save!

www.virtue.accountants

We're sure you'd like some tax free money!

Just be sure you're on the right tax code (1257L).

Why stop there though? If your partner has an unused allowance you can use that too!

In fact, you also have an annual £2k dividend allowance too!

Get in touch with us today to see how we can help you save money!

Did you know you can deduct pre-trading expenses to your new business.

These are expenses incurred whilst setting up and can go back 7 years!

Get in touch with our team to see how we can help you save money!

It can be difficult to remember the different deadlines for your business. Here is a quick summary.

Get in touch with our team to see how we can help you avoid missing any of these.

Registering your business is a quick and easy process, unfortunately too many of us failing to comply.

HMRC are quick to crack down on businesses which are not registered and have a reputation of coming down hard on those caught.

Imagine the awful thought of having to pay missed taxes for previous years, simply because you assumed you did not need to register!

Speak to us today - we'd love to help!

Read what some of our clients say about us

Glad to be receiving positive feedback from our clients 😀

https://www.yell.com/biz/virtue-accountants-ltd-peterborough-10264399/

We have just under 20 weeks to get our Self-Assessments to HMRC or risk facing a minimum £100 fine.

The official submission deadline is 31/01/2022 for the 2020 - April 2021 financial year.

Get in touch with our team to see how we can help!

Whilst starting up, one of the first decisions every business owner has to make is naming their business. This can be hard or easy depending on your industry - but it is definitely a representation of the owner!

A few things to consider when naming your business are:

1). Availability and company formation - If you are setting up a limited company then the name must be available on Companies House, if it isn’t then you cannot use the same name unfortunately.

2). Social Media - Same as the Companies House you’ll need to make sure you can claim the social media tags prior to selecting a business name. Social media marketing is certainly the way forward and you don’t want to be left behind!

3). Web domain name – you won’t be able to claim a web page if someone already uses it. Check availability!

4). Trademarks. – As obvious as it is, but do not use the same name as a large established company. What’s not so obvious are the lesser known companies which we don’t usually come across. Check trade marks!

5). Is it future proof? The last thing you want to do is set up a business with long term ambitions but with a short-term ‘trendy’ name. This will go out of fashion eventually and it is worth considering where that will leave you.

Its safe to say not many were expecting a global pandemic to the extent we experienced, but it is also safe to say it has taught us a thing or two about our finances.

Here's an article giving advice on how to prepare for financial uncertainty.

https://virtue.accountants/blog/planning-for-a-rainy-day

The Virtue team are fortunate enough to work with many amazing businesses.

A regular discussion our team has is what people think about when looking for an accountant.

Some feel their accountant isn’t offering enough support with growing their business and others feel they cannot always approach their accountant.

We can reassure that won’t be us. We really get to know our clients and continue to support and develop them.

Visit our website for a instant quote and book a free consultation with someone from our team.
You can count on us!

Visit our website now to read our July Newsletter:

https://virtue.accountants/blog/newsletter-july-2021

Virtue.Accountants updated their business hours.

Virtue.Accountants updated their phone number.

Your personal accountancy experts. Experienced Chartered Accountants offering support and development to SMEs.

We offer a range of accountancy and tax services to limited companies, sole traders, partnerships and everything in between.

www.virtue.accountants

Home Straight forward online accounting services. Providing timely, compliant, and cost-effective online accountancy services nationwide.