If your circumstances change and you are no longer self-employed or meet any other Self-assessment criteria, you must inform HMRC as soon as possible. Otherwise, they’ll still expect you to file a Self Assessment tax return.
Has my rebate been paid yet, Has my rebate been paid yet, Has my rebate been paid yet?
MTD for Income Tax for Self-Assessment (ITSA) will replace the annual Self-Assessment tax return.
Shh…Reminders!
Making Tax Digital penalties announced.
All our current client’s fall under the MTD threshold and will be required to submit 5 returns per year.
If you do not already have a business bank account and MTD compliant accounting software such as QuickBooks, you must start to prepare for MTD now.
We have a number of hugely discounted QuickBooks Licenses available.
We also have an additional option to include our MTD ready QB automation package, which will take care of 90% of your admin and help reduce your overall costs.
The MTD changes are expected to cost all taxpayers approximately £400-£500 in accounting software fees and additional accountants fees.
We will be striving to keep our fees to a competitive minimum. Thanks to our partnership with QuickBooks, we can offer discounts of up to £150 Annually depending on your businesses requirements.
The Quickbooks essentials package, which is recommended to meet the requirements of 90% of all clients currently retails at £240, and this is expected to rise once MTD is a legal requirement.
Please get in touch with us to secure a heavily discounted package subject to availability.
bit.ly/QB-Pricing
bit.ly/NJB-Starling-Referral
We recommend QuickBooks over the competitors as it includes a mileage tracker and several other features that its competitors don’t.
124 City Road
London
EC1V 2NX
Penstranze Business Centre
Truro
Cornwall
TR4 8PN
Registered in England & Wales | Company Number 11373381 | ICO Registration Number A8255161 | HMRC AMLS XBML00000204283