Tax News - September Newsletter 2008

Are you prepared for the October tax return deadline? Both the self employed and small businesses have been informed but is the message getting through? Whilst the online filing deadline stays as January 31st, it is worth noting that some people who are would have traditionally sent their return by paper may be surprised that they will be unable to do this after 31st October 2008.

We have explained this further in this month's article but feel free to contact us to find out more.

HMRC warns self assessment tax return is approaching
HM Revenue & Customs (HMRC) has reminded people that the deadline for paper copies of self assessment tax returns is October 31st... read more

Running a business from home 'has tax implications'
There could be tax implications for business owners who switch from working in an office to operating from their home, a new report has suggested... read more

Start-ups urged to use accountants
People setting up small businesses should get help from accountants, a report has suggested... read more

Scottish accountants prepare for business insolvencies
Accountants in Scotland are preparing to have to help more small businesses declare themselves insolvent in the coming months... read more

With over three million people leaving their self assessment tax returns until January, we were pleased to see HMRC introduce an October deadline to help reduce the January rush! 

This new deadline will affect everyone but why has it been introduced and what does it mean for you? ...read more