Scott & Wilkinson Blog | Archive 2013 08

Please select a news items listed below which maybe of interest to you. Alternatively, please review our archives down the right-hand side, searching either by category or by date. If any of them are of interest and you require more information, please do not hesitate to contact the office.


Campaign offers chance to settle tax bills

Date: 20/08/13

HM Revenue and Customs (HMRC) has launched a new initiative to encourage more people to put their tax affairs in order. HMRC has announced that anyone who has failed to submit a tax return for any year up to 2011/12 now has until 15 October 2013 to... Read More

(0) Comments



Inheritance Tax - Are you liable?

Date: 05/08/13

Individuals are becoming increasingly liable to Inheritance Tax (IHT) when they die.  The threshold at which an individual begins to pay IHT has been frozen at £325, 000 since 2009 and the Government has confirmed that this is set to remain... Read More

(0) Comments



Make the most of tax free benefits

Date: 01/08/13

There are few areas in tax where the taxman actually allows you a tax free benefit.  There are a number of specific exemptions where, if your employer pays for something on your behalf, it can be provided free of tax and National Insurance.... Read More

(0) Comments



RTI annual scheme given go ahead

Date: 15/08/13

Changes have been made to the Real-Time Information (RTI) scheme to ease the administrative burden for smaller businesses and freelance contractors.  HM Revenue and Customs (HMRC) is now accepting requests from employers to switch to annual PAYE... Read More

(0) Comments



The importance of maintaining proper business records

Date: 28/08/13

The need to maintain accurate and reliable records is an essential part of running any business.  Good records allow businesses and individuals to complete their tax returns correctly and to pay the right amount of tax at the right time. Accurate... Read More

(0) Comments



Workplace rehabilitation tax breaks planned

Date: 16/08/13

Employers should be aware of Government proposals to introduce tax breaks for businesses which invest in measures to help employees return to work after suffering an injury or serious illness. The workplace rehabilitation tax exemption was first... Read More

(0) Comments



Expenses set to get simpler

Date: 15/08/13

Sole traders and business partnerships are advised that changes to the way expenses may be claimed against taxable income have now taken effect Read More

(0) Comments



Sage 50 Accounts 2014 - 'The VAT Edition'

Date: 08/08/13

Sage have recently launched their latest version - 'Sage 50 Accounts 2014 - The VAT Edition'. Following on from our news articles last year, we consider what's new in the latest version and whether it is worth upgrading. Read More

(0) Comments




Memberships & Accreditations

When appointing a firm of accountants it is important to check that they are appropriately registered and regulated.

Our clients can be assured that Scott & Wilkinson are registered with the Institute of Chartered Accountants in England and Wales to carry out audit work in the United Kingdom and regulated for a range of investment business activities.

We are also registered with the Chartered Institute of Taxation as a firm of Chartered Tax advisors. 

Any use of the term "partner", if used, indicates a member of Scott & Wilkinson LLP or an employee of Scott & Wilkinson LLP with equivalent standing and does not indicate that a partnership exists for the purposes of the Partnership Act 1980