We are currently busying away preparing your company’s 2013/14 Year End Accounts (if your company’s yearend is 5th April) and Personal Tax Returns. In some cases, we haven’t received all the necessary information required to complete these, such as checklists and supporting information, for example bank statements and credit card statements.
Please remember that these are 2 separate returns; it is your duty as a Company Director to ensure you have declared everything for the business and yourself as the individual. Companies House & HMRC levy penalties for late submission of Accounts and Personal Tax Returns, penalties that will only increase with further time lapses. Those penalties will lie with you as Director of your Limited Company if as a result of failure to provide the necessary and requested information in a timely manner.
We regularly send reminder requests asking for the relevant documents to be returned and we ask that when you receive these, please give them your immediate attention and provide us with the information requested.
If you haven’t already done so, we ask that you please provide us with any outstanding information as soon as possible. Your co-operation in this matter is very much appreciated.
More Posts
Corporation Tax Rate Changes
Rishi Sunak has proposed a number of changes to the way that Corporation Tax will be calculated and applied. Learn more.
Autumn Statement – Headline Changes
Autumn Statement – Headline Changes
Extracted from the ACCA Guide to the Autumn Statement 2022
Why Freelancers Should Hire an Accountant
In the world of work, freelancing is an increasingly popular option. The promise of flexibility, unlimited earning potential and complete control over the way you work is a hugely attractive prospect for many.
Although freedom is one of the big draws of the freelance lifestyle, there’s still plenty of financial responsibilities that come with it that can really eat into your time and profits.
But do freelancers really need the services of an accountant? Let’s find out.
