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Monthly Archives: August 2014

Car clubs get cash boost from Department of Transport

Car clubs are set to receive a £500,000 boost to drive forward their work, Transport Minister Baroness Kramer has announced. As part of a wider visit to Norfolk, 28 July 2014, the minister announced that the Department for Transport will … Continue reading

Posted in Business

When should you contact HMRC?

A cynic might say that you are required to contact HMRC when you are likely to owe them more money. Realistically, the opposite is also true: you should advise HMRC of any changes that could reduce your tax position.  The … Continue reading

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UK economy recovers

Its official, in the second quarter April – June 2014 the UK gross domestic product grew by 0.8% and is now bigger than it was before the financial crisis that began six years ago. The state of the economy always … Continue reading

Posted in Business

Tax Diary August/September 2014

 1 August 2014 – Due date for Corporation Tax due for the year ended 31 October 2013.  19 August 2014 – PAYE and NIC deductions due for month ended 5 August 2014. (If you pay your tax electronically the due … Continue reading

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VAT – pick and mix

There are a number of VAT schemes that benefit registered businesses. For example:  Cash accounting If you are eligible and the scheme is suitable for your business, then using the cash accounting scheme enables you to pay VAT when your … Continue reading

Posted in Business