by Alastair Wood | Aug 6, 2013 | Business Advice
Accountants face the unenviable task of being asked on the one hand to minimise tax bills and on the other to show personal income at a high enough level for clients to secure a mortgage. For any business owner there has to be a balance made between the two and there...
by Alastair Wood | Jan 29, 2013 | Tax Advice
A client just emailed to query his payments on account “I am a little confused as to the payment on account bit…I thought I was due the tax payment now and 50% of this payment in advance of next years tax by july? Am I having to pay 2 lots of advance...
by Alastair Wood | Jan 21, 2011 | Tax Advice
The recommendation by Alastair Wood of Gravesend accountants AW Accountingon how to pay self assessment bills is electronically as this avoids any doubt about the amount written on a cheque and potential for lost or delayed post. There are two options, using your own...
by Alastair Wood | Apr 9, 2010 | Tax Advice
With the passing of the old tax year we are presented with returns to file and tax to pay. Some memorable dates are listed below, with a few more interesting ones too: 19 April – PAYE must be paid for the period up to 5 April (usually just the March payroll) – and...
by Alastair Wood | Mar 21, 2010 | Tax Advice
Under self assessment anyone who has a tax liability must inform the Revenue and pay the additional tax. For the majority of employed taxpayers this does not apply as tax is collected by their employer every month and any adjustments are made in their tax code. The...
