COMPANIES HOUSE - URGENT REMINDER PRICING CHANGES https://lnkd.in/ehN6gBj3 Please remember to incorporate costs when charging clients for the services plus mark up on acting on behalf of the clients or If dealing for clients to ensure that they arrange to pay for third party costs for you to deal with Confirmation Statement, Incorporation and other Companies House task that the new prices from 1 May 2024 are requested #accountants #taxes #bookkeeping #vat #paye #selfassessment #corporationtax #accounts #companies #pension #investments

?? Do You Know Your 1099 Obligations? If you pay independent contractors or non-employees $600 or more, you must issue a 1099 form. Here’s what you need to know: ?? Who Needs a 1099? ?? Key Types: 1099-NEC, 1099-MISC, and more. ?? Deadlines & Penalties Let Gordon & Associates CPA, P.A. handle your 1099 filings to ensure compliance and avoid costly mistakes. ?? Contact us today! #1099Forms #TaxCompliance #SmallBusiness #CPAServices #GordonAndAssociatesCPA

A meticulous approach to maintaining business records can help protect your tax deductions and make an IRS audit much less difficult. Here’s a recent court case illustrating some of the issues involved. https://wix.to/SRotpku #taxaudit #recordkeeping #taxtips

Confirmation Statement Filing Fee.... HMRC are increasing the fee from 1 May 2024 to ￡34 for online and digital filing, and ￡62 for paper filing.? ? Due to HMRC price increase we will need payment of the disbursement prior to filing after April 2024.? ? We will provide you with two options to make disbursement payment to us to cover the filing fee.? ? Upon request, we will send you the payment confirmation email we receive from Companies House upon filing and paying the fee for your businesses Confirmation Statement.?This cost should be included in your businesses Year End accounts as compliance or overhead costs. ? What is a Confirmation Statement and why do I have to file one? ? It has nothing to do with your business’s annual accounts, corporate tax, VAT, PAYE or CIS. ? It is about confirming with Company’s House and HMRC that your business is still active.?That it has not been abandoned. Failure to file you company Confirmation statement can result with Companies House making a motion to strike off the company from the register – which could cause issues for you. Unfortunately, it’s not the only price increase introduced by HMRC… for a full list click the link https://lnkd.in/ehN6gBj3

Navigating small business risks is key to success. Here are seven you might not be aware of: 1?? Entity Choice: Ensure your business structure offers optimal tax benefits and liability protection. 2?? Employee Classification: Properly classify workers to avoid potential IRS issues down the line. 3?? Insurance: Protect your assets with the right coverage, including property, liability, and workers' compensation insurance. 4?? Sales Tax: Stay compliant with sales tax regulations, especially if operating across multiple states. 5?? Underpricing: Avoid undervaluing your services by calculating accurate costs and margins. 6?? Legal Services: Invest in legal expertise for crucial matters like contracts, agreements, and entity setup. 7?? Accounting Services: Opt for professional accounting to prevent costly errors and maximize deductions. Need assistance in mitigating these risks? Reach out to us for expert guidance! calendly.com/ajiconsults #SmallBusinessTips #RiskManagement #BusinessSuccess

NMCBI Recommends: Independent Dispute Resolution Forum for Tax Disputes To enhance ease of doing business and ensure a fair, transparent, and time-bound resolution process, NMCBI recommends the establishment of an Independent Dispute Resolution Forum with an expert panel dedicated to handling tax disputes efficiently. This initiative will help reduce litigation burdens, foster business confidence, and streamline tax compliance. #NMCBI #TaxReforms #EaseOfDoingBusiness #DisputeResolution #TaxCompliance #BusinessGrowth #UnionBudget2025 #Budget2025 #EconomicReforms #MSME

?? 1099 Filing Deadline: January 31, 2025 ?? Are you ready for the upcoming deadline? Here's what you need to know: ?? If you paid contractors $600 or more in 2024, it's time to file your 1099s. ?? Copies must be sent to contractors and the IRS by January 31, 2025. ?? Avoid late penalties and ensure compliance—plan ahead! We’re here to make the filing process smooth and stress-free. Let us take the burden off your shoulders so you can focus on growing your business. ?? Reach out to us today and let’s get started! #1099Filing #TaxSeason #SmallBusinessHelp #TaxPreparation #ContractorPayments #IRSRequirements #TaxFilingTips #BusinessTaxes #1099Forms #FileYourTaxes #TaxCompliance

?? MSME-1 Filing Due Date Reminder ?? Don't miss the deadline! ?? File your MSME-1 return for the period April - September 2024 before 31st October 2024. Stay compliant and avoid penalties! ?? For any help with filing, contact Tax Guider: ?? 8695008695 | ?? [email protected] #MSMECompliance #MSME1Filing #TaxFiling #ComplianceReminder #BusinessEssentials #MSME1 #CompanyCompliance #CorporateFilings #MCAFilings #SmallBusinessSupport #ROCCompliance #BusinessRegulations #TaxGuider

The letters in your tax code signify your entitlement (or not) to the annual tax free personal allowance. The tax codes are updated annually and help employers work out how much tax to deduct from an employee’s pay packet. #TaxCode #IncomeTax

Capital allowances enable?businesses to claim tax relief on certain capital expenditures. Different rules apply to various types of capital expenditure, and the amount you can claim depends on the specific capital allowance you use. If an item is eligible for more than one type of capital allowance, you can choose which to apply. #TaxAllowances #CapitalExpenditure