Key Dates & Deadlines – Ltd Companies

ImageFollowing up on last weeks blog posting, I wanted to address the key dates and deadlines for Private Limited Companies as there is a greater reporting burden placed upon these businesses that is governed by the Companies Act and enforced by Companies House. As a Limited Company, the business must file several documents annually and by specific deadlines. These documents include:

HMRC Penalties for Late Personal Tax

Hello all and welcome back!

I hope you found yesterday’s breakdown of the key dates and deadlines for Personal Tax helpful and that you have all downloaded your free copy of the 2014/15 Tax Rates & Allowances from my website

As promised, today is a follow up to yesterday’s content which will aim to appraise you of the penalties imposed by HMRC for late submission of your personal tax return.

Key Dates and Deadlines – Personal Tax

As an accountant one of the most frustrating things to happen is to have clients bring their information in at the last minute for calculation and submission of accounts and tax returns to the relevant authorities. As a business owner, I know that remembering all the relative deadlines for submissions can be confusing and difficult to remember. I would like to try to take some of the mystery out of these dates and deadlines.

If you are self-employed, a director of a limited company, partner in a partnership or Limited Liability Company, you will need to submit a Personal Tax Return to HMRC for each tax year which starts on the 6th April. The submission deadline for that return along with the final payment and your first payment on account (POA) for the next year is 31st January following the tax year end. (Ie. your tax return for 5th April 2014 will be due at HMRC by 31st January 2015)

Who is Red Geranium Co?

Hello and welcome to my first ever blog post!

I thought it might be nice to break the ice by telling you a bit about me and my background as a first posting, I hope you do not mind. I will try to keep future postings on the topic of ‘Simple Bookkeeping & Business Advice’ as promised in the page headline. So here goes….