Drop in for a mug of tea, a biscuit and a chat about how your needs can be best met. Our 3D walkthrough will make finding our office easier than ever.
Post Budget Tax Saving Opportunities
In these 5 Videos, Lesley Sutton and Rhona Graham will share with you the tax saving opportunities that are available to you and your business.
'Mr Hall' is a majority shareholder in 'Hall Street Limited', a privately owned company:
Video 1 - Revell Ward - Mr Hall & Other Individuals
Video 2 - Revell Ward - Hall Street Limited - Company & Business Taxes
Video 3 - Revell Ward - Hall Street Limited - Indirect Taxes (VAT)
Video 4 - Revell Ward - Hall Street Limited - Employees
REVELL WARD BUDGET 2013 - WHAT IS IN IT FOR YOU?
(Budget Update 2013)
Budget Tax Facts 2013/2014
(Please re-download Budget Tax Facts 2013/2014, if you downloaded it before 10.30am on Monday 25 March 2013)
Welcome to
Revell Ward
Chartered Accountants
in Huddersfield!
We are a firm of Chartered Accountants, in Huddersfield, our offerings include services such as; Audit, Personal and Corporate Tax, Bookkeeping, Management Accountants, a Payroll Bureau and much more.
Our clients are based in Huddersfield and beyond and have many positive words to say about us so why not visit the client testimonials page and find out for yourself. We also have a client survey that you can complete and submit, your thoughts are important to us.
We are very passionate about what we do and know that you too are passionate about what you do. We have devised an easy to follow diagnostic tool that will help you summarise your business in the 5 areas that we feel are the key to achieving results. Click here to find out more.
We are a firm of Chartered Accountants, in Huddersfield, our offerings include services such as; Audit, Personal and Corporate Tax, Bookkeeping, Management Accountants, a Payroll Bureau and much more.
VACANCY - click here to find out more
Would you like to find out how your business compares to your competitors?
We are able to confidentially compare your business to others in your industry. We will share your results (sample company report) with you over a coffee... Call 01484 538351 to book your complimentary meeting.
Tax Chat – hot topics
In this spirit of our weekly tax chat emails, our blog contains our thoughts and comments on the current hot topics in the world of tax.
Tax Chat - Zzzzz...are you a sleeping partner?
If you are a sleeping partner or an inactive limited partner in a partnership you may be liable to pay NIC in respect of your profit share, following a recent change of view from HMRC. This change may render partners liable to both class 2 NIC at £2.70 per week and class 4 NIC at 9% on profits between £7,755 and £41,450 (2013-14) and 2% on profits over that amount.
If you already pay NIC either as an employee or on other income from self-employment it may bepossible to apply for an exemption or deferment from NIC on your partnership profits.Don’t delay, seek advice to ensure that you don’t overpay.
Tax Chat - Tax savings for Landlords
Calling all landlords…did you know that you can claim a special tax allowance of up to £1,500 per property if you spend on energy-saving insulation?
Qualifying spend includes loft, wall, floor or hot water system insulation installed in residential properties.
This is a one-off allowance for expenditure incurred before 6 April 2015.
There are some rules to negotiate so seek advice to ensure this relief is available to you before commencing work.
Tax Chat - IR35 rules and Non-Executive Directors
The IR35 regime puts those operating via a personal service company on the same footing as employees by requiring PAYE & NIC to be applied to their earnings. Further changes have been rumoured for some time.
The latest change affects non-executive directors (NED) who provide their services through their own personal company. Previously largely untouched, NEDs will now need to carefully review how they are remunerated.
If you are a NED review your position now, it may be possible to make changes to minimise your exposure to PAYE and NIC, which will increase your overall tax cost especially if you usually take remuneration as dividends.
Tax Chat - Location Location Location Beware!
Following the property crash many were left with properties they chose to rent rather than sell at a loss.
This led to a boom in the buy-to let market and guess what – this is rumoured to be HMRC’s new target for lost revenue.
It has been predicted that almost 25% of tax in this market is being evaded and refocused taskforces in your area will be the likely next step.
Increased powers available to HMRC are also making it easier for them to find you so our advice is to approach HMRC before they approach you to mitigate any fines/penalties etc.
Tax Chat - Some dates for the diary...
Avoid nasty penalties and headaches by being prepared in advance of any deadlines. Our summary outlines some key dates for your tax diary in respect of 2012/13:
5 April 2013
19 May 2013
5 July 2013
6 July 2013
31 July 2013