Business Tax Accounting, Accountants Central London - Gordons Knight News
Double dip recession confirmend - Video for SME Self help
2 years ago we predicted a double dip recession. I am sorry to say we were right. Solid business disciplines must be applied to every business small and large to ensure survival, maintenance and improvement.
We recorded a video a few years ago packed with tips and thinking for these difficult times.
Visit this page by clicking on the link below
April 10th - Tax Deadlines due shortly
Payroll Services in London UK offer a heads up....5th April has just gone and the filing deadline for employers and CIS users is close by. Miss these deadlines and risk fines in the £100's. Chartered Accountants in London, Wimbledon and Croydon have offered clients guidance by video, to m,ake sure their clients do not fall fould of the HMC penalties.
http://www.gordonsknight.co.uk/p35-deadline-2012-approaches-chartered-accountant-london-writes
March 22nd - Budget 2012
For information on the main issues announced in the Budget that affect small businesses, please click on the link below so you can download a report provided by our friends at SAGE and AccountingWeb.
http://www.gordonsknight.co.uk/budget-2012-tax-and-tax-administration-proposals
January 2012 1st - New Year Action List 2012 from Chartered Accountants in London
The New year offers the opportunity to review our thinking and strategy for our businesses, especially as we seem to be inevitably heading into a double dip recession I predicted two years ago. I have put together a short ckecklist we are working on ourselves and with clients using our External Financial Officer Service (EFO). Click here for the BLOG page new-year-action-list-2012-chartered-accountants-london
December 2011 30th - Tax Returns London Accountants Offers Just in Time Service for New Clients
Our Tax Return Service has its own new page with a FREE Quote request form ....Click this link Tax Returns Service
December 2011 8th - Tax Accountants Putney offers FREE Tax Briefing in December and January
Two new dates for our popular Tax Briefing webinar (seminar on the web) have been launched for December and January. Book early to....Read more here
December 2011 7th- Draft Finance Bill 2012 issued today - its good news...
I’m just writing let you know that the Consultation on draft legislation for Finance Bill 2012 has been issued today by the Treasury. Read more on how to save tax...
December 2011 - Vacancies due to growth
If you are looking for a job with a client centred firm, that places high value on looking after clients needs, then search our our recent vacancies. Click here for more information..
November 2011 - Chancellors Autumn Statement Briefing
For a summary of the chancellors Autumn Briefing please click here. There are still tax saving opportunities for saving tax, lots of tax, using our skills, knowledge and contacts. Contact us to find out more. 020 8241 3000.
Special savings for Contractors using our Contractors Accountants service, for contractors in London, Wimbledon and Croydon, and further afield
October 2011 - 2 minute tax saving briefing
Are you interested in saving tax, lots of tax? Then our 2 minute tax briefing video is a great place to start. Watch the tax saving briefing video here.
August 30th - 2011 GK Philosophy Video
Click Here for video
August 15th - 2011 Tax Saving Tips Report
When was the last time you reviewed what you could save on tax for your business. Start with the basics first by reviewing these 47 tips. Each one could save you a small fortune. Download by clicking here.
August 11th - Tax Saving from 40% to 10% or less
Owner Managed Businesses often want to pay less tax. Now there is a way to do just that...read more by clicking here.
June 1st - Gordons Knight New Business Kit
Secure a copy of our updated New Business Kit by clicking here.
May 24th 2011 - 7 Sure Ways To Save Tax THIS Tax Year
We have calculated 7 sure ways in which you and your company can save significant amounts of tax this tax year. Please click here for more information.
March 23 2011 - Budget Report from ICAEW
As a result of the budget, we believe businesses need to be the best they can be. Click here.
March 23 2011 - Budget response
As a result of the budget, we believe businesses need to be the best they can be. Click here for our response.
January 15th 2011 -ISA Allowances
The new ISA rates and allowances have been announced
if you are saving some spare cash because mortgage rates are at an all-time low, or for some other reason, consider using your ISA allowances for maximum tax effect.
http://www.gordonsknight.co.uk/taxability-2010-2011
January 6th, 20 11, tax planning for 5 April 2011
If you are in business, or an individual, this article will provide some useful tips on how to save tax in the run-up to this important date.
Click on the link below to read more.
http://www.gordonsknight.co.uk/uk-businesses-tax-planning-tax-year-end-london-tax-accountant-writes
December 21st 2010 - Holiday message and Freebies to come
Please watch the video at this link...
http://www.gordonsknight.co.uk/happy-holiday-message-gordon-dsilva-clients-0
December 15th 2010 - Short of Cash to meet Tax Bills In January?
While the Tax Offices in London or elsewhere in the UK have a reputation for being un-helpful, times have changed. Follow the article at the link below for advice from Gordon D'Silva our resident Tax specialist. It explains how the tax office may spread the bills.
December 14th 2010 - Self Employed National Insurance Changes
NATIONAL INSURANCE payment dates are changing.
Click on the link below for details, whether you are in London, Croydon or around the UK Call our Small Business Office in Wimbledon for more advice...
December 13th 2010 - Property Tax Issues for Unmarried Couples and Flipping houses for all.
Unmarried couples with 2 houses occupied as Principle Private Residences and those looking at buying, improving and selling at a profit quickly who want to save tax should read the article on the attached link.
http://www.gordonsknight.co.uk/property-tax-breaks-un-married-couples-and-married-couples
December 8th 2010 - Staff Xmas Parties
Planning a staff party - read the article from London Tax Accountant - Gordon D'Silva.
http://www.gordonsknight.co.uk/tax-and-vat-rules-staff-xmas-parties-london-croydon-wimbledon-and-uk
December 6th 2010 - Tax Dates for your Diary
For important tax dates for the next two months for businesses in London, Croydon, Wimbledon and in the UK, please click on the link below.
http://www.gordonsknight.co.uk/tax-dates-businesses-london-croydon-wimbledon-and-uk
December 2010 - VAT is changing next month - reports Gordon D'Silva
Are you ready for the VAT rise next Month. The VAT rate rises to 20% from next month, which means that you accounting records need to be reviewed carefully. VAT reyurns may be more difficult during this change month / quarter and advice from your accountant should be sought.
Those using our Online accounting software, have halp 24/7 by email throughout this period as normal.
TIP: If your business prices goods and services including VAT, remember to put your prices up to avoid damaging your margins and profitability.
Please read this disclaimer when reading articles on our site.
http://www.gordonsknight.co.uk/disclaimer
November 2010
£1,000 government grant to help you grow your business. If you have between 5 and 250 employees, and have not received this grant before, you can you the £1,000 to pay for our business development expertise which will earn you many times that in 2011 and beyond.
Available only while government funds last. First come, first served. Call Gordon D'Silva on 0208 241 3000 today.
June 30th 2010
Tax on Cars way too high - click here to find out more...
http://www.gordonsknight.co.uk/benefit-kind-tax-company-cars-hit-again-time-plan
June 22nd 2010
PRESS Release
Emergency Budget starts tax war.
Read the release here.
http://www.gordonsknight.co.uk/emergency-budget-june-2010-merton-accountant-press-release
June 20th 2010
PRESS Release - 25 Things to expect from your accountant during a recession.
Following the Coalition budget this week, there is likely to be a significant amount of uncertainty, pain and economic turmoil in the UK. Businesses in London, Wimbledon and Croydon, must get prepared for this by getting the maximum support from their accountants. We have prepared a 25 point checklist to help businesses identify what they need to ask and expect from proactive accountants.
You can read all 25 or downlad the PDF attachment by clicking here http://www.gordonsknight.co.uk/25-things-expect-your-accountant-during-recession.
June 12 2010
London Businesses review their Accounts and Taxation Services with Central London Accountants with offices in Wimbledon, Croydon and Bank in Central London.
PRESS RELEASE - Tax Opportunities Briefing (Conference call) from June 22nd Budget. See seminar tab for more details and booking form
May 12th 2010
PRESS RELEASE - £1000 tax free grants for SME busiesses
We are making everyone aware that there is a governmnt grant for £1,000 available for many SME busineses with a headcount of 5 employeees or in eceptionlional circumstances contractors.
This reprsents a masive 75% dscscount off our normal cost effective fees.
You also get our UNIQUE Triple Guarantee
Call us now on 0208 241 3000 for more information and to ensure you qualify. And just for enquiring, you get a 40 page report titled “Scientific Advertising” by Claude Hopkins, as my gift for reading this far. This book set the bar high, and 100’s of books since then have used the information to educate and make more sales.
Remember our unique triple guarantee and a massive Tax Free Grant giving you a 75% discount off our normal fee. Just for taking the trouble to call, we will do something special for you.
For More inforation click here: http://www.gordonsknight.co.uk/1000-tax-free-grant
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April 5th Fiscal Tax Year end
The personal tax year has just ended and the next series of deadlines are upon us. If you are in business, you will have to get your accounts and returns filed, so the earlier you start the easier it will be for both of us.
Your tax return reminder should be with you by now. Please send us a copy. or call the office with information from it, please.
Now is a great time for tax planning ans we are between governments. We are in a relatively low tax environment right now, and this is likely to change at the next budget which is likely in under 80 days.
Click here for our Budget 2010 briefing
Act now and call us to see how far we can help.
Speak soon. Gordon
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December 16th in time for Xmas I must be dreaming of a white christmas?
This message has enabled us to donate £300 to charity and saved a few trees to boot. We hope you don't mind not getting a card.
December 9th 2009
Darlings Pre Budget Report
Great News - Cashflow support for many businesses through the HM Revenue and Customs (HMRC) Business Payment Support Service will continue for as long as is necessary. The service allows businesses to agree more time to pay certain tax bills to HMRC, and has already helped over over 150,000 businesses defer payment of around £4bn of tax.
Top Tip: If you could do with the extra cash in your business to invest in growth strategies, its cheaper and easier than the bank.
Corporation Tax Break: Extension of the temporary increase in the empty property relief threshold for business rates from £15,000 to £18,000 for financial year 2010-11. The planned increase in the small companies’ tax rate from 21% to 22% will be deferred for an extra year so that it remains at 21 per cent until April 2011, benefiting 850,000 small businesses.
Top Tip: If your profits are in excess of £100,000 before tax and dividends we may be able to reduce the tax to 0%!!! We can meet in Wimbledon, London or Croydon or further afield (Leeds, Bristol,Norwich for example). Call us on 020 8241 3000 today.
An additional £500m of credit will be made available to small and medium sized businesses through a 12-month extension to the Enterprise Finance Guarantee (EFG), which has already supported over 6,500 firms with offers of loans totalling approximately £660m.
The creation of a new Growth Capital Fund to invest in small and medium sized businesses, targeting growing businesses seeking amounts of between £2 million and £10 million. The government is in discussion with banks and further announcements will be made in the new year.
Top Tip: Brace yourself for the conditions to qualify if recent experience is anything to go by!
The UK Innovation Investment Fund (UKIIF) will also ensure that £325 million of new venture capital is available to invest in Britain’s businesses and start ups in key sectors (life sciences, clean technology, digital and advanced manufacturing) from by early 2010.
Top Tip: Get prepared to apply early, before they get busy.
Introducing a reduced rate of Corporation Tax on income derived from patents from April 2013 (known as a 'patent box'), to strengthen the incentives to invest in innovative industries and ensure the UK remains an attractive location for innovation.
Top Tip:Remember to protect your inventions
The facility to claim Research and Development (R&D) Relief for Corporation Tax is being extended, under the SME Scheme. From the accounting period ending on or after 9 December 2009, SMEs will not be required to own the intellectual property derived from that R&D to be eligible for the Relief.
Top Tip: This is often overlooked. If you think you are doing some research that may qualify, alert us to this fact early. We may be able to save you some tax.
New funding of up to £5 million in enterprise support for ex-service personnel returning from conflict, reducing the costs and barriers associated with self-employment and setting up a new business.
Top Tip:This much needed support for those who deserve it most is good to see. Spread the word.
VAT Rate: it has been confirmed, as previously announced, that the rate of VAT will return to 17.5 per cent from midnight on 31 December 2009, following the temporary cuts to 15 per cent. You know my views on this whole fiasco...GDS. As a result of this, percentages under the VAT Flat Rate Scheme have been recalculated and will apply from 1 January 2010.
Top Tip: If you are not already using the Flat Rate Scheme, talk to us - we may be able to save you over £2,000.Also see the Pub and Resteraunt news below.
TAX Rise announced: There will be an increase of 0.5 per cent in the rate of employer, employee and self-employed National Insurance Contributions (NICs), in addition to the 0.5 per cent increase announced in PBR 2008. There will also be an increase in the point at which individuals start to pay NICs, meaning that 15 million people with incomes below £20,000 will be protected from this change.
Top Tip: Consider NIC simply another tax.Don't be fooled by the headline rates they want you to focus on, while they sneak these rises past you.
As part of a reform to the regulation of financial services, a new 50 per cent tax on discretionary bonuses will apply to the excess above £25,000 for bonuses paid between 9 December 2009 and 5 April 2010.
Top Tip: If you know anyone who will suffer this hike, call us immediately as we may be able to save them this massive increase.
November 2009
Pubs and Restaurant Accounting and VAT Clients Note
The government in its usually generosity has agreed to extend the 15% VAT rate till closing time or till 6am on New Years Day 2010 whichever earlier. Given that the decision to reduce VAT by just 2.5% last year cost small businesses millions in administration cost, this is a little too late. Never mind, make the best of it!
Raising money for Children in Need
We are raising money for children in need. Give £20 to this good cause and we will give you benefits worth many times that value.
Click here to help those worse off than you...it will come back to you 10 fold.
http://www.justgiving.com/Gordonsknight
