Tim Newton

Chartered Accountant, tax and business advisor working with businesses and individuals in the Midlands. Walsall, Sutton Coldfield, Birmingham,

[Tim Newton @TimNewton_]

Taking the time to write a business plan will help you think about the problems you may face, and test whether the idea you have is actually a sound business idea.
#entrepreneur #startup #money

https://t.co/fay4IudDaD

[Tim Newton @TimNewton_]

If you're looking at starting a business, or if your finances are tight, now would be a great time to look at your household budget.

#money #entrepreneurs #business

https://t.co/zHmdFHBRMJ

[Tim Newton @TimNewton_]

Don't forget that payments on account of tax need to be made by 31 July 2023 to avoid late payment interest.

#tax

https://t.co/XvkRnPNXy6

[Tim Newton @TimNewton_]

From 1 April 2023 the main rate of corporation tax has increased from 19% to 25%, meaning you may need to save more towards the tax bill.

 From this date, different rates of tax apply depending on the profit of the company:

#tax #business

https://t.co/87KbGhm8sr

[Tim Newton @TimNewton_]

If you're looking at starting a new business, check out this guide

#Entrepreneur

https://t.co/3QR28krDYX

[Tim Newton @TimNewton_]

If your company has an EMI scheme, don't forget to submit your notification by the 6th of July.

https://t.co/eGzcT4MFcJ

#tax

[Tim Newton @TimNewton_]

If you've got a company with a 31 March 2023 year end and haven't yet prepared your accounts, now is a great time to do it.

#tax #Entrepreneur

https://t.co/sxbfwrfcXt

[Tim Newton @TimNewton_]

Don't forget that 1‌‌‌ April‌‌‌ 2023, the government will increase the National Living Wage (NLW) for workers aged 23 years and over by 9.7% to £10.42

https://t.co/Sc4m9UMPVD

[Tim Newton @TimNewton_]

Don't forget there's less than 2 months to file your tax return. It's so easy to put it off, but try and get it done this side of Christmas.

[Tim Newton @TimNewton_]

@Taxation really enjoying the new look of the magazine. It's really nice and crisp!

[Tim Newton @TimNewton_]

Don't forget than from October 2017 all new employers have #pension #automaticenrolment duties from the day they hire their 1st staff member

[Tim Newton @TimNewton_]

Check out details of the spring statement
https://t.co/s331IsEcln #walsall
#Accountants

[Tim Newton @TimNewton_]

https://t.co/sb9Vz9JC7o

[Tim Newton @TimNewton_]

Don't forget than from October 2017 all new employers will have #automaticenrolment duties from the day they hire their 1st staff member

[Tim Newton @TimNewton_]

#FRS102 #Financialinstruments - definitions and examples https://t.co/UeQYgLRF8S via @TimNewton_

[Tim Newton @TimNewton_]

The Telegraph advises #entrepreneurs to hire an #accountant .https://t.co/CdtFi4I99O

[Tim Newton @TimNewton_]

'Controversial' digital tax returns delayed after being dropped from Finance Bill  https://t.co/K92PFQhw5n

[Tim Newton @TimNewton_]

State pension age could be raised to 70, says report https://t.co/HPDNmqBl63

[Tim Newton @TimNewton_]

Here is a summary of the #budget from Bakers #Accountants #Walsall https://t.co/9T8jm4cfdX