Twelve reasons why you should do your tax return earlier

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