HMRC Deadline – January 2018

HMRC Self-Assessment Filing Deadline – Midnight 31st January 2018 With all the fun of Halloween, Bonfire Night, Christmas & New Year still to come, it easy to push the HMRC deadline of 31st January 2018 for Tax Returns and tax payments to the back of your mind. December through to January is one of the […]

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Expenses charged to your clients – for VAT purposes, HMRC rules on disbursements

If you are reimbursed expenses from your client, the receipt is VAT applicable unless the expense meets the following rules from HMRC; ‘Before you treat a payment as a disbursement(no VAT applied), you’ll need to make sure all of the following apply: you paid the supplier on your customer’s behalf and acted as the agent of your […]

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Charity Donations

These payments must be made in the business name from the company bank account and must be to a registered charity.

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New Limited company – What next?

There are some key things you need to do once your new limited company is incorporated, here’s a checklist for you; Company stationery must show the full company registered name, registered office address, where incorporated and company registration number A Company bank account must be set up and all expenses and receipts processed through it If […]

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