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Simon Sturman
374 followers -
Business is GREAT and we're looking for more
Business is GREAT and we're looking for more

374 followers
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Making a difference. As part of the way we do business, for each set of accounts we produce, a family in Kenya receives a goat.

It's our way of thanking our clients for their continued business and one of the ways we make a difference.
Simply Accounts & Tax Limited
Simply Accounts & Tax Limited
simplyaccountsandtax.com
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Pensions - tax reliefs. Personal Pensions are common types of 'registered pension schemes' which allow members to obtain tax relief on contributions into the scheme and tax free growth of the fund within limits. We consider the rules here. https://goo.gl/LjRSgA
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Pension contribution increases ahead. https://goo.gl/Eh1D5E The Pensions Regulator is reminding employers that from 6 April 2019, workplace pension will increase to an overall minimum of 8%, with employers contributing at least 3% of this total amount.
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The National insurance contributions (NICs) regime is complex and represents a significant 'tax' on employers, employees and the self employed. It is very easy not to pay the correct amount of contributions. https://goo.gl/XL2Z9T
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HMRC publish details of deliberate tax defaulters. https://goo.gl/Gbf5wL HMRC have updated the list of deliberate tax defaulters. Anyone you know??
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Travel and subsistence for Directors and employees. We summarise the main areas to consider in deciding whether tax relief for travelling and subsistence expenditure is available. https://goo.gl/fKw1YM
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Property investment - buy to let. Buy to let traditionally involves investing in property with the expectation of capital growth with the rental income from tenants covering the mortgage costs and any outgoings. https://goo.gl/1MaSid
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Self assessment deadline approaching. https://goo.gl/B3HbLF The deadline for submitting your 2017/18 self assessment return is 31 January 2019. There is a penalty of £100 if a taxpayer's return is not submitted on time, even if there is no tax due or they are due a tax refund.
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Raising finance. Every business needs finance - whether it is just starting up or looking to develop and grow. What type of finance is best suited to the development of your business, and who should you approach for funding? https://goo.gl/sd7rpW
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Charitable giving. Tax relief on gifts to UK charities is available if you give under Gift Aid or through a Payroll Giving scheme or by making a gift of shares or land. We outline the reliefs available here. https://goo.gl/BNf6q4
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