HM Revenue and Customs (HMRC) has automatically registered 95,000 businesses for its simplified import procedures allowing most traders up to six months to pay import duties and submit customs declarations, if the UK leaves the EU without a deal on 31 October. What is the TSP scheme? The scheme, known as Transitional Simplified Procedures (TSP), … Read more95,000 firms onto simplified import procedures
The ICAEW (Institute of Chartered Accountants in England and Wales) identifies the difference between an Accountant and a Chartered Accountant as: By law anyone can call themselves an accountant. The title ‘chartered accountant’ and the letters ACA or FCA, however, indicates that the person has undertaken a minimum of three years in-depth training, passed a … Read moreAccountant Vs Chartered Accountant?
HMRC has revised its assessment on the cost to business in the case of a no-deal Brexit. Estimated to cost £15bn a year for ongoing administrative costs for UK-EU trade and up to £56 per declaration HMRC impact assessment for the movement of goods if the UK leaves the EU without a deal (third edition) … Read moreNo-Deal Brexit
What is Child Benefit and how does it work? You receive child benefit if you’re responsible for bringing up a child who is: Under 16 Under 20 and in approved education or training Child Benefit is paid every 4 weeks and there is no limit on the number of children that can be claimed for. … Read moreChild Benefit
Companies handed late filing penalties According to Accountancy Daily last year thousands of late filing penalties were issued for the late filing of company accounts. In fact over 25,000 companies completely missed the 30th September deadline. It seems that the deadline of the 30 September (which quite a common company deadline) often gets missed. With … Read moreLate filing Penalties
AJR & Co provide Taxation services and advice to both businesses and individuals for Tax Compliance and Tax Planning purposes. We also assist with HM Revenue & Customs Enquiries and Investigations and provide Insurance cover to pay for fees incurred in the event of an HMRC Inquiry. Corporation Tax Corporation tax must be paid on profits from doing business as: A limited … Read moreTaxation
AJR & Co Ltd specialise in Business Start-Ups. If you want to set out in business in the UK, the requirements of HM Revenue & Customs, Companies House, accounting needs, registration of your business, VAT, PAYE, Corporation Tax and Company Secretarial matters and access to finance appear extremely daunting. AJR & Co Ltd have helped … Read moreBusiness Start-Ups
At AJR & Co Ltd we offer a variety of accountancy services: As members of the Institute of Chartered Accountants in England and Wales, we prepare Statutory Accounts for your business with legal and relevant guidelines complying with the deadlines imposed by HM Revenue & Customs and The Registrar of Companies, where relevant. We work … Read moreAccountancy Services
The UK government has launched a ‘Get Ready for Brexit’ public information campaign to help ensure the general public and businesses are ready when the UK leaves the EU on 31st October 2019. HMRC say many businesses will be affected by changes as we leave the EU. In particular businesses that: import or export deal with data … Read moreGet ready for Brexit
HMRC reveal statistics on Help to Save Scheme which show that more than 132,000 Help to Save account holders are eligible for bonuses which total £14 million. So far over 132,000 people are signed up to the savings scheme which is Government backed, and more than £31.4 million has been deposited. What is the scheme? … Read moreHelp to Save Scheme
Copyright 2019 © All rights Reserved.
