By Tom Maxwell In Advice, Blog, NewsPosted 02/03/2023 New VAT penalties and Interest We would like to remind you that new penalties apply if you’re late filing a VAT return or paying your VAT bill. How the interest applies to late VAT payments and late repayments has also [...] 0 Read More
By Tom Maxwell In Advice, Blog, News, Tax TipsPosted 01/03/2023 YEAR-END TAX PLANNING IN ALL THINGS TAX, TIME IS OF THE ESSENCE. As we approach the end of the tax year, now is the time to review your tax affairs to ensure that you have taken advantage of all reliefs available and [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 23/02/2023 State pension National Insurance ‘top-up’ deadline approaching. If you have unpaid National Insurance contributions between 2006 and 2017, you have until April 5, 2023, to maximise your state pension. On 6 April the number of extra years available to purchase [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 23/02/2023 Power up your business with Innovation! Innovation has generally been recognised as essential for value creation, both for individual companies and for the UK economy. The development of new ideas, processes and technologies and their [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 21/02/2023 How to make Time to Pay arrangements online If a taxpayer is unable to pay their tax bill on time, they can work with HMRC to set up a time-to-pay arrangement. For self-assessment (SA), setting up a time-to-pay arrangement online has been [...] 0 Read More
By Tom Maxwell In Posted 20/02/2023 An introduction to accountancy and related qualifications From joining to becoming a qualified accountant, the next steps will allow you to play a vital role in the running of organisations and shape business decisions. Wright Vigar is committed to [...] 0 Read More
By Tom Maxwell In Posted 16/02/2023 Kate Nearn Kate started her accountancy career at age 16 and joined Wright Vigar in May 2017. She has since become an ACCA & AAT qualified accountant. Kate manages a portfolio of non-audit businesses, [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 14/02/2023 Fraudulent Tax Return Amendments We have recently become aware of a fraudulent tax refund being claimed on behalf of a client, with the money being paid to a third party. Some firms will offer to obtain a tax refund for you. [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 14/02/2023 Managing your cash flow is essential right now! With ever increasing supplier prices, a recent rise in interest rates, and a looming recession, managing your business’s cash and understanding the flow are now vital tools in maintaining [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 13/02/2023 New HMRC interest rates for late and early tax payments Due to the fact that HMRC interest rates are based on the Bank of England base rate, the decision to raise the base rate from 3.5% to 4% on 2 February 2023, has resulted in an additional increase [...] 0 Read More