Dates and deadline for your Tax Diary for June/July 2018 1 June 2018 – Due date for Corporation Tax due for the year ended 31 August 2017. 19 June 2018 – PAYE and NIC deductions due for month ended 5 June 2018. (If you pay your tax electronically the due date is 22 June 2018) […]

HMRC will consider extended options for settling your outstanding tax bill. The key is to contact HMRC, explain why you can’t pay on time, and discuss how you can settle any outstanding liabilities. If you can’t pay before the deadline, call the Business Payment Support Service. Anyone can use this service, not just businesses. Business […]

The following definitions should help to clarify employee and employer rights and responsibilities regarding entitlement to holiday pay. Almost all workers are legally entitled to 5.6 weeks’ paid holiday per year (known as statutory leave entitlement or annual leave). An employer can include bank holidays as part of statutory annual leave. Most workers who work […]

Reforms are being considered that will ensure that Scottish Limited Partnerships continue to be used as a legitimate vehicle for investment in the UK. Measures to crack down on the abuse of a specialised financial arrangement to launder foreign money through the UK were unveiled at the end of April 2018. This is part of […]

In a recent press release, HMRC urged underpaid workers to complain. Figures show that the number of workers getting the money they’re owed by employers has doubled after interventions by HMRC and 200,000 have received back pay. According to latest figures, in 2017-18, HMRC investigators identified £15.6 million in pay owed to more than a record […]

As Jones Harris clients will doubtless be aware, the new EU General Data Protection Regulation (GDPR) comes into force on 25 May 2018. To ensure compliance, we have  designated internal staff and appointed external advisors to help us implement additional or improved controls on our data management processes. As part of this process, our appointed […]

Worried about BREXIT! You can relax… There are too many vested interests in Europe to allow Brussels to punish the UK. Barnier and Junker want to teach a lesson to the UK and others who may wish to leave, but they do so at great risk to Europe. As Independent Financial Advisers, we are responsible […]

There’s a new face in the Tax Technical Team at Jones Harris, following the appointment of Tax Manager Rachel Haines to the in-house team of experts. Rachel previously worked at KPMG at Preston where she was in post KPMG for ten years. She’s acquired a wealth of experience in the field of personal tax. In […]

Here at Jones Harris we’ve been doing our bit to help The Willow Garden Project to cover Fleetwood with a sea of poppies in remembrance, for Wyre In Bloom. The aim is to make 10,000 of the significant flowers from recycled plastic pop bottles, in remembrance of the 100th anniversary of the end of World […]

Compounding is such a wonderful concept, I wonder why more people don’t take advantage. In a typical building society deposit account, the saver receives ‘interest.’ This interest is added to the original capital and becomes part of the following years capital. Further interest is added in year two. Interest is now being paid on previous […]

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