Monthly Archives: December 2021

Merry Christmas

And just like that, Christmas time has come around again!  Among the many festive traditions, the one we look forward to the most is Christmas Jumper Day. It’s a chance to sport our most festive (yet bold) knitwear and get in the Christmas spirit. Another Challenging Year 2021 has been another tricky year for businesses, we hope our support has helped you to get through it and to see you all in a successful 2022.  We’d also like to take this opportunity to thank all of our clients for working with us this year. We really do value your loyal […]

Self Assessment 2022

As the year comes to a close, many people, including our clients are preparing for the upcoming self-assessment tax returns requiring filing in 2022. Since the very first day of the tax year (6th April) more than 63,500 people have filed their tax returns to the HMRC. With the deadline (January 31st 2022) coming up swiftly, here’s a little breakdown of the basics around self-assessment tax returns to allow you to pay on time and even before the deadline. What are Self-assessment Tax Returns? This system is used by HMRC as a way to collect income tax. Time To Pay […]

Important Tax Year Dates

As we approach the end of another year we thought it would be helpful to provide you with a list of important tax year dates for your diary. The UK tax year is different to the calendar year and is used to calculate tax payable or owed. It starts on the 6th of April each year and ends on the 5th of April the following year. Also referred to as the financial year, it is a period of 12 months which is used to calculate tax for employed and self-employed tax payers. However, not all businesses manage their books according […]