This week HMRC have announced they are to increase support for mid-sized businesses to help as they move towards expansion. In order to qualify these businesses must have more than 20 employees or a turnover of over £10 million. This new Growth Support Service will offer specialist tax experts’ advice tailored to the individual business. If you meet the criteria you can apply online. This service follows the introduction of the Small Business Online Forum last month. This online service provides support for newly launched businesses and those self-employed. If you require one-to-one support with your financial records or would
Watch the video from Red Sky and learn how this North Yorkshire organisation can help support and grow your business.
The next deadline for submitting your tax return falls on 31 January and this is for online submissions. Don’t forget about this deadline. If you have any queries regarding your tax affairs please contact us. We can help with personal and business tax returns and ensure that your financial records and books are up to date. Don’t fool yourself into thinking the deadline is open to negotiation. HM Revenue and Customs reveal here the top 10 worst excuses for missing the deadline. If you are planning to make 2017 the year you take the plunge into self-employment, speak to us.
Update for business owners. The Autumn Statement was Chancellor Philip Hammond’s first major announcement since taking office. As well as new information about the state of the UK economy, it included some key points for small businesses. Tax The tax free personal allowance will rise to £12,500, and the higher rate threshold to £50,000, by the end of the parliament. The personal allowance will rise at least in line with inflation from that point. The Chancellor said the government had put a “business-led recovery” at the heart of their plan. Following this, he confirmed that corporation tax will fall to
Jenny from JMJ Bookkeeping is based in West Tanfield, less than 6 miles from Ripon and with excellent access to the A1. Jenny is highly experience in book-keeping, filing tax and VAT returns and can assist you with all the necessary paperwork which allows you to get on with the important job of running your business! With over 20 years working for the department of Her Majesty’s Revenue and Customs, Jenny has now been self-employed since 2006. Her speciality is new start ups and with extremely competitive price structures, Jenny can help you achieve your business dreams!