Can all sole trader/self employed clients and those with rental income please download to a csv and email in your records for 6/4/23-5/4/24 to PMC as soon as possible, the quicker we receive your records the quicker we can complete your tax return and let you know any liability due.
If your 2023 tax is not paid by 1st March 2024 there is a 5% penalty based on the outstanding tax amount, if not paid by 1st August 2024 then another 5% penalty and if still unpaid by 1st Feb 2025 yet another 5%.
A benefit of setting your business up as a limited company is that you can choose how and when you pay yourself, leading to tax efficiencies. Here’s how…
The latest news from PMC Partnership incorporating Pomfreys Accountants – May 2022.
Chancellor Rishi Sunak delivered his Spring Statement in the midst of a genuine living crisis, and the highest public debt in decades.
The government offers some attractive funding options through the corporation tax system for innovative and growing businesses. Find out more.