hmrc - Accountants Chester | Phillips & Co

Do We Need to Register for VAT?

by Terry Phillips | Aug 20, 2023 | VAT, accountancy, Accountants, bookkeeping, Business Owner, director, Employer, Family Business, hmrc, Instagram, Limited Company, MTD for VAT, Partnership, Self employed, Self-Assessment, Sole trader, tax, VAT late submission penalties

How to Appeal a Tax Penalty

by Terry Phillips | Aug 13, 2023 | accountancy, hmrc, Penalties, tax, Tax penalty, Tax return

Accountants Chester – Tax Tip No. 33 There are various reasons why HMRC may issue a tax penalty. You may receive a penalty if you file your tax return late, your tax return is inaccurate, you are late paying tax that you owe or you fail to keep accurate records....

NIC Advantages of Part-Time Workers

by Mark Phillips | Jul 30, 2023 | National Insurance, accountancy, Business Owner, Company Expenses, director, employee, Employer, hmrc, part time, tax

Tax and Tips

by Terry Phillips | Jul 24, 2023 | tax, accountancy, bookkeeping, Business Owner, director, employee, Employer, Family Business, hmrc, Income Tax, Limited Company, MTD for VAT, Self employed, Self-Assessment, Sole trader, Tax return, VAT

Accountants Chester – Tax Tip No. 31 The Employment (Allocation of Tips) Act 2023 sets out a new legal framework for the fair allocation of tips. A new Code of Practice is to be introduced and employers will have a legal obligation to adhere to the Code. It will...

Are you Entitled to Small Business Rate Relief?

by Terry Phillips | Jul 16, 2023 | accountancy, Accountants, Business Owner, hmrc, Limited Company, Rates relief, Self employed, Small business rates, Sole trader, tax

Accountants Chester – Tax Tip No. 30 Business rates are charged on non-domestic properties like shops, offices, warehouses, factories and holiday rentals or guest houses. However, if your property’s rateable value is less than £15,000 and your business only uses...

Utilise the deduction for paid and reimbursed expenses

by Terry Phillips | Jul 7, 2023 | Company Expenses, employee, Employer, Employment, expense claims, expenses, hmrc, Income Tax, tax, tax rebate

Accountants Chester – Tax Tip No. 28 Employees often need to incur expenses when undertaking their jobs. The nature of the expense may vary depending on the job, but typical expenses include travel and subsistence expenses and fees and subscriptions. It will...

« Older Entries

Next Entries »

Cookie	Duration	Description
cookielawinfo-checkbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.