VAT HELP AND ADVICE
Value Added Tax

VAT HELP AND ADVICE BY LONDON BOOKKEEPERS

At regular intervals usually quarterly VAT registered persons must submit a VAT return to HMRC,showing input tax and output tax for the period covered by the return. Any excess of output tax over the input tax is payable to HMRC. Any excess of input tax over output tax is repayable by HMRC.

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Payment of Interest and HMRC Penalties
HMRC

Payment of Income Tax. Payment of Interest and HMRC Penalties

The taxpayer’s income tax liability for the tax year in relation to all sources of income is aggregated as a total income. This tax liability is increased by the amount of any Class 4 National Insurance contributions which are due for the year.

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HMRC Services
HMRC

CAN HMRC JUST TURN UP AT MY PREMISES ?

When HMRC wish to contact you, they will not normally call on to your business premises without a prior appointment. Some people are under the allusion that HMRC will turn up unannounced, this is certainly not normal procedure for Her Majesty’s Revenue and Customs.

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Introduction to Value Added Tax
Value Added Tax

Introduction to Value Added Tax

London Bookkeepers are vat experts and as such offer a vat service as part of our London bookkeeping and accountancy service. The article below explains the fundamentals of vat.

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Amending your Tax Return
Tax Return

Amending your Tax Return

The deadline for filing the 2016/17 self-assessment tax return of 31 January 2019 has now passed. You filed your return on time and paid the tax that you thought was due, but now you’ve realized that you have made a mistake.

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MAKING TAX DIGITAL FOR VAT
Digital Tax for VAT

MAKING TAX DIGITAL FOR VAT

Despite being legally mandatory for most registered businesses, the latest studies show that a huge number of businesses have still not signed up for the new government initiative.

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