Twelve reasons why you should do your tax return earlier. How was it for you? The process of submitting your 2016/17 tax return, that is… Congratulations if you submitted in plenty of time. However….. Did you miss the 31 Jan filing deadline (incurring a rather unwelcome late filing penalty) or squeeze it in at the last minute? Was it yet … Read More
Audit exemption limits – does your company need an audit?
The rules governing which companies are required to have an audit have changed. For company year ends ending on or after 1 October 2012, a company may qualify for an audit exemption if it can satisfy 2 out of the following 3 criteria: has assets worth no more than £3.26m has an annual turnover of no more than £6.5m has … Read More