Tax Tips & News

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01/08/2011

August Tax Tips & News

Welcome to the Sherwoods Ltd Tax Tips & News monthly newsletter, bringing you the latest news to keep you one step ahead of the taxman.

If you need further assistance just let us know or send us a question for our Question and Answer Section.

We’re committed to ensuring none of our clients pay a penny more in tax than is necessary and they receive useful tax and business advice and support throughout the year.

Please contact us for advice on your own specific circumstances. We’re here to help!

New Workplace Pensions Cost

Another set of regulations is set to fall on the shoulders of all employers. This time it's a compulsory pension scheme for all employees. This new pensions law is due to be introduced over four years from October 2012. The largest employers (120,000 or m Read More...

VAT Initiative Starts

Last month we warned you the Taxman was planning a campaign to encourage businesses to register for VAT. The Taxman is calling this campaign the 'VAT Initiative'. To launch the VAT initiative the Taxman is writing to about 40,000 businesses whose turnover Read More...

Companies House Reminders

You can now set up an email reminder service for your company or LLP at Companies House. Once you have registered you will receive timely emails to remind you of the due dates to submit the annual return and accounts for your business, and paper reminders Read More...

Less Tax for Students

If you are employing students over the summer months, don't forget to give them the HMRC form P38S (2011) to sign. This form allows the student to earn their full annual allowance of Read More...

August Question and Answer Section

Q. I've heard I could reduce inheritance tax by leaving money to charities in my Will. How does this work? Do I have to leave a minimum amount? A Any bequests to charities in your Will are free of inheritance tax (IHT). This means the executors of your e Read More...

About Us

Sherwoods Ltd Accountants are based in Milton Keynes , offering local business owners and individuals a wide range of services.

All clients are entitled to fixed fees, work delivered on time and unlimited phone support. Visit our website sherwoodsaccountants.co.uk for more information.

First Floor, 27 Shirwell Crescent, Furzton Lake, Milton Keynes MK4 1AG

Sherwoods Ltd is a trading name of Sherwoods Ltd