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Archive for May, 2014

Are you an easy target for the taxman?

Accountancy firms are naturally keen to promote their success in saving their self-assessment clients money in their tax returns. Certainly from the point of view of an individual with complex tax affairs, or a sole trader, this is a key reason for employing a good accountant. You don’t want to pay any more tax than[...] Read more »

Limited company CIS refunded superquick!

Coastal Tax and Accountancy have managed to secure the refund of Construction Industry Scheme (CIS) tax payments incredibly quickly for a Limited Company Client. The CIS payments are a method HMRC uses to obtain tax payments from self-employed construction workers in advance of the submission of their tax return. It can often take a lot[...] Read more »

Don’t panic! Your tax return is due!

Your heart rate increases, your palms begin to sweat, the fight or flight reflex goes into full gear…a letter from HMRC is always a bit ominous.  A great many people will have experienced this reaction over the past few days as the annual reminders to complete a self assessment tax return are being distributed. According[...] Read more »