Category Archives: Tips

Self Assessment Fines and Penalties

If you are one of the people who still haven’t filed their self assessment tax return, or your accountant has filed your paperwork and you haven’t yet paid your tax then you might want to read this.

Research and Development Tax

R&D Relief is a Corporation Tax relief that may reduce your company tax bill.

Alternatively, if your company is small or medium-sized, you may be able to choose to receive a tax credit instead, by way of a cash sum paid by HM Revenue and Customs (HMRC).

Christmas Tax Tips For Your Business

Here are Ka Farr & Co’s Handy Christmas Tax Tips for your business, take these into account this festive period and you will be up to scratch when planning the office Christmas party.

Autumn Statement and Spending Review

The Autumn Statement and Spending Review included a significant change of tactics – by scrapping his recent plan to cut tax credits. Osborne also jumped into some big challenges – not least with buy-to-let landlords who could face a tax rise, but small businesses who will see digital tax accounts by 2016-17.

Worried About A HMRC Enquiry?

KA Farr & Co can provide a fee protection service for your business so that we can make sure if you do receive a HMRC enquiry, you have the sufficient cover to help you.

How Much Can You Earn Before Paying 40% Tax?

Are you interested to know how much you can earn before you begin to pay 40% tax? Well, this article from K A Farr & Co will give you the information that you need.

National Insurance Contributions: What You Should Know

This article will provide all the information that you could need to know about your national insurance contributions, the different NIC classes and what you’ll be expected to pay if you’re self-employed.

Auto Enrolment Fines & What You Need to Know

Auto enrolment, for those of you who aren’t aware is a Government initiative in order to help more people in the country to save for later life through a pension scheme at work. This post is about what employers need to know before the changes kick in.