MacDougall & Co
Links and Telephone Numbers to Other Sites and Services:
Tax refund? Is it too late to claim? See the new (from April 2010 for most) time limits at time limits.
Subsistence - incidental expenses tax free payments to employees (this can include you if you control a limited company) who spend the night away http://www.hmrc.gov.uk/paye/exb/a-z/i/incidentals.htm#1.
Need bookkeeping software?
Keeping Records: What the Revenue expect, see the Revenue's help sheet http://www.hmrc.gov.uk/factsheet/record-keeping.pdf published Jan 2010.
PayRoll For all your payroll needs, have a look at BS PayRoll - your payroll, their passion!
Can't Pay Your Tax? Including income tax, VAT, corporation tax, and national insurance - contact the HMRC Business Payment Support Line on 0845 302 1435 0845 302 1435 - open Monday to Friday 8.00am to 8.00pm, and Saturday and Sunday from 8.00am to 4.00pm or click http://www.hmrc.gov.uk/pbr2008/business-payment.htm
SOS-SME.com for distressed SMEs. Or, maybe you just want a favourable and graceful exit (sale). Is a new challenge, retirement, health or personal issues leading you to a change of plan?
Partnership Consultancy Services Ltd offers a review to determine solutions for businesses that want to grow or need help or funding. Your first meeting with them is free. If you contact them, let us know what you think. We haven't tried them. Find them at www.PartnershipConsultancy.com
Need to find a greener car. A greener cleaner car can save you more than money.
BusinessLink runs courses and provides information for running, growing, and / or starting a business. You can reach them on 0845 7 17 16 15 0845 7 17 16 15, or click on BusinessLink. Many of their courses are FREE for small businesses, although this is not always obvious in their marketing. Don't forget to ask when you book.
Share of Property Notice of declaration of beneficial interests in joint property and income Form 17.
Pay Your Tax etc On Line or Telephone with a plastic card. Click https://www.billpayment.co.uk/hmrc/scripts/index.asp, or dial 01726 209 025 01726 209 025 (this is normally cheaper than dialing the 0845 number that HMRC publish).
Is Your Financial Adviser Regulated ? See www.fsa.gov.uk/pages/register to check if your financial adviser is regulated.
Need investment advice?
The Consumer Association (Which?) sells tax return completion software called TaxCalc for £24.99 (to non-members),and presumably cheaper for members. We have not tried it. www.taxcalc.com. They can be reached on 0800 920 140 0800 920 140 and 0800 252 100 0800 252 100. This software can be purchased online and downloaded by clicking here.
Got Your Own Company? What travel expenses can you pay yourself tax free? See the HMRC Inspectors' Manual.
Free Business Banking The Abbey Bank offers free business banking forever. So does The Alliance & Leicester. Most banks offer an initial period of free banking for businesses.
Tax Cheats Bad news for tax cheats ... very bad news. Some extraordinary steps that HMRC is taking to catch tax cheats.
Companies can submit a lot of stuff online to Companies House, https://ewf.companieshouse.gov.uk.
Free Courses In business? The Revenue run courses / workshops for businesses. These are free. See www.hmrc.gov.uk/bst/index.htm
Need a bank?
PAYE Register for PAYE on line at http://www.hmrc.gov.uk/employers/iwtregister-as-an-employer.shtml
Dispensation From P11D Completion To apply for and read about dispensation from P11D completion click http://www.hmrc.gov.uk/paye/exb/schemes/dispensation.htm
The Inland Revenue Self Assessment Guide contains a wealth of detail. Or so we understand. We haven't looked at it. www.hmrc.gov.uk/pdfs/sabk8.htm
Newly Self Employed You can't register for Self-employment on line, this may no longer be correct (at 09.05.2008) but you can download the relevant form here. There is a penalty if you fail to notify the commencement of self-employment. Or a helpline will take phone registrations. The helpline number is 0845 9 15 45 15 0845 9 15 45 15. You can phone from 8.00am to 8.00pm, 7 days a week. You need to have your National Insurance number with you when you phone.
Hate Bookkeeping? Got a tiny business? Self-employed? Not registered for VAT? Can't be bothered with bookkeeping. Try this. No books, no software, and no computers. Click here for more about the most simple method of bookeeping in the world !
To register for VAT on-line, see On-line Vat Registration
Employee Site-Based Workers / Construction Workers / Agency Workers: What travel expenses can you claim - if you are an employee? http://www.hmrc.gov.uk/manuals/eimanual/EIM32132.htm
Instant Tax Refund Ltd sells software that allows you to calculate the value of any tax refund due to employees (only). It produces a proforma letter to the Revenue, on which you fill in detail relevant to you, asking for the refund. The software is posted to you. We have not tried it. The cost was about £40, when we last checked. Freefone 0800 064 0270 0800 064 0270, 24 hours a day, 7 days a week. Or www.instanttaxrefund.co.uk
Should you pay tax on your company van? www.hmrc.gov.uk/vans/van-facts.htm
Companies what travel expenses can you pay your staff tax free? http://www.hmrc.gov.uk/manuals/eimanual/EIM32000.htm
Tax Credits Are you entitled to tax credits? Try the HMRC's Tax Credits Online.
100% Tax Relief: Certain items of new plant qualify for a 100% first year allowanace (FYA). This includes 'clean' motor cars - click for more. The list of qualifying plant is frequently updated. To view it, visit the government website www.eca.gov.uk. From April 2008 most items of plant will qualify for 100% tax relief in the year of purchase - the new Annual Investment Allowance allows you to invest up to £50,000 with a 100% tax claim per annum. To achieve the desired result, you must get advice from a suitably qualified person on this before you make any decisions.
The New Construction Industry Scheme - New Guidance from HMRC www.hmrc.gov.uk/new-cis/new_guidance.htm
Need instant news?
Self employed? Working from home? What can you claim for the use of your home?
Stamp Office Addresses www.hmrc.gov.uk/so/addresses.htm
Bookeeping software by Simply Books for "... very small businesses, sole traders and the self employed." claims "No accounting knowledge needed". When we last looked it was available for about £79.99. www.simplybooks.net. We haven't tried it.
TaxAid provides free tax help for those who can't afford to use a tax adviser or accountant. TaxAid is based in London. www.taxaid.co.uk The TaxAid website is full of fascinating tax material - even if you can afford an accountant. (TaxAid also need suitably qualified volunteers.)
Free tax advice for low-income pensioners: TaxHelp for Older People (TOP). Currently at www.taxaid.co.uk
Student Loans: Should you or should you not show your student loan repayments on your tax return form? The Student Loans Website should be of assistance if you have a query relating to student loans. www.slc.co.uk
Need a mobile phone?
Need an insurance broker?
The Chartered Institute of Taxation is the leading body in the UK concerned solely with taxation. They have a very large and informative website, although they seem to have removed the wonderful pages that allowed you to work out your own tax position on line. www.tax.org.uk
National Minimum Wage (NMW) DTI website for regular updates relating to the NMW. www.dti.gov.uk/er/nmw
Business Debtline: Debt counselling service for the self-employed and small businesses. Telephone 0800 197 6026 for free confidential and independent advice. "A free lifeline for small business, because even the best plans go wrong."
Unable to Pay Your Tax? Please contact us to discover how to handle HMRC if you can't afford to pay your tax. And to whom to turn if things are really bad.
More about St Albans.
If you're leaving now, have a good journey, but please don't forget our address. You may need us one day. We'll be here when you do....Bye bye