Scam Alert
If you form a company and receive a demand that looks like this, put it straight in the bin.
It has nothing to do with Companies House, other than it is scraping the data of newly formed companies.
Increase in tax-free mileage
If you claim for business miles in a personal car, the tax-free rate has increased from 45p to 55p per mile and is backdated to the start of the tax year.
This is for the first 10k miles and it remains at 25p for further miles driven.
Companies House now say that the vulnerability identifed last week has been resolved.
https://t.co/wkdqqxo3oV
Okay: but keep a careful eye on your own data for the foreseeable future.
We will keep an eye open too, but we don't necessarily see absolutely everything.
There has been a serious data breach at Companies House. We monitor almost all the data for our clients and review any changes.
None of our clients appear to be affected but if you receive letters or emails about unexpected changes at CoHo then contact them straight away.
If your income from self-employment plus rental income exceeds £50,000 in 2024/25 then you must join MTD - Making Tax Digital - from April 2026.
This means quarterly returns to HMRC.
The limit drops to £30,000 then £20,000 in 2028.
We will help you at every step of the way.
From today, changes to a Director’s details require a 11-character code from https://t.co/EsRMWUePW8 to identify the Director. All officers need to have this before filing the Confirmation Statement.
We can’t get this code for you, and there are penalties for late filing.
“Am I self employed or an employee?” It’s not what the employer says, it’s you true circumstances that are important.
Here’s a guide from the LITG to help you navigate this.
https://t.co/iEQSgtfSX6
Making Tax Digital for SA is just around the corner and we are here to help you.
Not everyone is affected, and if you are already using Xero/QB/FA then it is not going to be too traumatic.
BUT, there are extra deadlines so watch our pages.
https://t.co/v4svFhm9gg
Would you like to meet Angus in Stornoway during the week commencing 13/10? Email [email protected] to arrange an appointment.
I’m sure you’ll understand that existing and returning clients will be prioritised.
It was fantastic to be present at the grand opening of the new facility at MacAulay College giving invaluable support to adults and their families, and providing them with the skills and self confidence they need.
We are proud to be involved with the College since the start.
Are you a seafarer? Do you need efficient, prompt and accurate SED or EU seafarer claims?
We know the rules inside out and know how to make a prompt claim for you.
Contact us at [email protected] to understand what we can do for you.
International taxation? No problem.
Umpteen decades of successful advice to thousands of clients.
We’re registered as tax advisors with HMRC, Skatteetaten, the IRS and the Belastingdienst.
Why worry: just call us.