Personal Tax Planning 2016/2017 – Part 1

Personal Tax Planning 2016/2017 – Part 1
The purpose of this checklist is to suggest strategies you may wish to consider as we approach the end of the 2016/17 tax year or planning opportunities available thereafter.
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Penalties for late submission of a tax return?

Penalties for late submission of a tax return?
As you know, all self-assessment tax returns for 2016/17 must be submitted by Midnight Tuesday 31st January 2017.  This is also the same deadline for paying the tax that you owe.
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Self-assessment tax return 2016/17

Self-assessment tax return 2016/17
We are heading into the time of year that most businesses hate. The deadline for self-assessment tax return 2016/17 submission is Midnight Tuesday 31st January 2017.  This deadline is for online submissions only as you should have submitted your paper tax return by Midnight 31st October 2016.
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Are you using Xero accounting software yet?

Are you using Xero accounting software yet?
If you’re not using online accounting software for your business yet, then you should seriously consider it. When you run a business, accounting data entry can be a time-consuming and unenjoyable task.
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Benefits of using Sage

Benefits of using Sage
There are multiple benefits of computerising your accounts using Sage accounting software. We believe it can make organising your finances and payments a lot easier.  This is especially important if you own or run a business, regardless of its size.
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