Together Accounting 💷

We give financial insight & support working with our clients as an extension of their business. All our clients are ready for Making Tax Digital. 👨🏻‍💻

[Together Accounting 💷 @TogetherAcc]

#autumnstatement2023
- Class 2 NICs abolished
- Cuts to Class 1 & 4 NICs
- Full expensing made permanent
- Rise in National Living Wage
- Simplified tax digitalization for small businesses!
#UKBusiness #TaxReform #SmallBizGrowth
https://t.co/YeaeaV2ANC

[Together Accounting 💷 @TogetherAcc]

The HMRC recently changed the assessment process for late VAT returns. Filing your VAT returns after the deadline will now result in different penalties. Learn more about these changes and how they will affect you #HMRC #VAT
https://t.co/R0ypIFTdxp

[Together Accounting 💷 @TogetherAcc]

Timing of Equipment Purchase and #SuperDeduction: 130% ends 31 Mar '23. Delay purchases for higher tax relief at 26.5% profits. #SuperDeduction #TaxRelief

[Together Accounting 💷 @TogetherAcc]

Changes to company car tax rates in the UK are set to take effect in April 2025. Lower emissions = lower tax rates. This is a step towards more sustainable company car fleets. https://t.co/iXUTWnP3Jf
#companycartax #electricvehicles #sustainability #netzeroemissio

[Together Accounting 💷 @TogetherAcc]

The taxman has postponed the introduction of Making Tax Digital for Income Tax, which was originally slated for April 2024, to 2026. #mtd #makingtaxdigital

https://t.co/xMPWcccbtG

[Together Accounting 💷 @TogetherAcc]

And there you have it 💪 Ready to get started? RT this thread and tag someone who needs some help starting their own limited company!

[Together Accounting 💷 @TogetherAcc]

Looking to start a limited company? Here's everything you need to know in 10 steps: 🤓 A thread 👇

[Together Accounting 💷 @TogetherAcc]

Step 10: Look for investors. Start pitching your idea to potential investors and secure the funds that you need to grow your business.

[Together Accounting 💷 @TogetherAcc]

In recent years there has been a buzz around #cryptocurrency which has become impossible to ignore. From initially being regarded as a niche product & high risk, crypto has gradually edged its way onto centre stage, in our article we talk about #taxation

https://t.co/WcE6OWmQ67

[Together Accounting 💷 @TogetherAcc]

From April 2024, all sole traders, #businesses and #landlords with incomes greater than £10,000 per year must operate with the new rules of #MakingTaxDigital #MTD

https://t.co/ADvNOGOBAT

[Together Accounting 💷 @TogetherAcc]

#Vehicletax is now dependent on CO2 emissions. Pure #electriccars with no tail emissions won't pay road tax. These cars will be charged £350 per year for the first five years, saving £150 annually compared to diesel/gas vehicles. https://t.co/0pWP8y2Eup

[Together Accounting 💷 @TogetherAcc]

The 31st of October is not only Halloween, but it's also the last day of filing #CorporationTaxReturns by companies with the 31st of October as year-end, and the deadline for postal submission to the #HMRC of #SelfAssessmentTaxReturns for the tax year until the 5th April 2022.