31/May/2019BRITISH ACCOUNTANCY MARKETING AWARDS 2019
Makesworth Accountants are proud to announce our selection as a finalist in the Best Brand Building category of the British Accounting Marketing Awards 2019 – the only awards for
31/May/2019Gurkha cup 2019 by TAMA DHEE association
Makesworth Accountants are proud to have sponsored 1st Prize Veteran in the prestigious event – The 17th Gurkha Cup 2019 organized by Tamu Dhee Association UK. We would like to
31/May/2019Tax Investigations Team of the Year – UK
Finance Monthly Taxation Awards 2019
The Finance Monthly Taxation Awards 2019 recognised Makesworth as ‘Tax Investigations Team of the Year – UK’ for delivering quality results
28/May/2019Tax Diary June/July 2019
1 June 2019 – Due date for Corporation Tax due for the year ended 31 August 2018.
19 June 2019 – PAYE and NIC deductions due for month ended 5 June 2019. (If you pay your tax
28/May/2019Deadline to reduce taxable benefits
Employees can often reimburse their employers for benefits provided in order to lessen their taxable benefits and thereby reduce or avoid a tax charge. This is referred to in the
28/May/2019Have you adopted the new minimum wage rates?
The new National Minimum Wage (NMW) and National Living Wage (NLW) rates came into effect on 1 April 2019. The NLW first came into effect on 1 April 2016 and is the minimum hourly
28/May/2019Not sure if you need to submit a tax return?
There are a number of reasons why you may need to register with HMRC to submit a tax return. This could include:
if you are self-employed and earning more than £1,000 per
28/May/2019Company Unique Taxpayer References
The Company Unique Taxpayer References (UTR) is the primary identifier for the company and should be used whenever HMRC is contacted and when tax returns are filed.
When a new
28/May/2019Reminder of “bed and breakfasting” rules
Historically, the term bed and breakfasting (sale and repurchase) of shares referred to transactions whereby someone sold shares one day and bought them back the next morning. This
28/May/2019What is overlap relief?
The assessment of self-employed or partnerships profits is usually relatively straight-forward if the accounting date – the date to which accounts are prepared – falls between 31
28/May/2019Tax and lease premiums
Where a freeholder (or landlord) of a property grants a new lease to a new tenant there are sometimes upfront payments due, usually known as a lease premium. The payments of these
20/May/2019Less is more – MTD regulations relaxed
Starting from April 2019, most VAT-registered businesses that have a taxable turnover over £85,000 are required to keep their VAT records digitally and use Making Tax Digital




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