fbpx

Tax

16 May 2019

Notice to Complete SATR

What & Why has this been Severed You may have been served the above SA316 “Self Assessment: Notice to Complete a Tax Return”. HM Revenue & Customs are required, by law, to serve this notice. The […]
11 February 2019

Personal Tax Account

Here is a link to a video showing you how to create a Personal Tax Account Introduction and Overview  The Approach to this and all Articles is consistent with our Standard System and Procedure. A Personal […]
10 February 2021

Property Boomerang

Introduction The title speaks for itself. This should be read in conjunction with the “Guide”. The online training video and screen captures explains the functionality Feel free to ask questions when completing this Boomerang. Useful Links […]
07 July 2021

SEISS – 5th Grant

Introduction This is our approach to all articles. A fifth grant covering May 2021 to September 2021 will be open to claim from late July 2021. What has Changed • In most respects the rules for […]
02 August 2021

Working from home claim

Introduction This is our approach to all articles. Working from home You may be able to claim tax relief for additional household costs if you have to work at home on a regular basis, either for […]
23 March 2022

Making Tax Digital (MTD)

Introduction This is our approach to all articles. Making Tax Digital is a key part of the government’s plans to make it easier for individuals and businesses to get their tax right and keep on top […]
31 March 2022

Employment Allowance

Introduction This is our approach to all articles. Employment Allowance was first introduced in 2014 and is a form of tax relief that lessens the National Insurance Contributions (NIC) burden for small businesses, as well as […]
01 April 2022

Closing and Starting of Tax Years

Introduction This is our approach to all articles. This article contains useful guides to finishing the tax year 2021/22 for Sole Traders for the period 6 April 2021 (Generally this is taken as 1st April 2021) […]
25 February 2022

Capital Gains Tax Reporting Extension

Introduction This is our approach to all articles. In the Autumn budget, the chancellor increased the deadline for reporting capital gains tax on residential property disposals. This was extended from 30 days to 60 days on […]
09 February 2021

080220 – Business-Newsletter

Brexit News Northern Ireland Protocol Areas of Brexit yet to be finalised VAT on purchases form the EU Covid-19 Government Supports News Coronavirus Job Retention Scheme (CJRS) Providing apprenticeships during the coronavirus (COVID-19) outbreak Getting support […]
15 February 2021

150220 – Business-Newsletter

Introduction A round up of the latest business and Covid-19 news for our clients. The Economy This week we have seen some gloomy economic figures showing that the UK suffered a record annual slump in 2020 […]
23 February 2022

Dividend Tax Increase from 6 April 2022

Introduction This is our approach to all articles. In the Autumn 2021 budget, chancellor Rishi Sunak confirmed that dividend tax would rise by 1.25 percentage points from 6 April 2022 to tackle the current social care […]
23 February 2022

Statutory Sick Pay Rebate Scheme Closure

Introduction This is our approach to all articles. The Statutory Sick Pay Rebate Scheme will close on 17 March 2022. You have until 24 March 2022 to submit any new claims for absence periods up to 17 March […]
02 February 2022

Capital Allowances: Super Deduction

Introduction This is our approach to all articles. In March 2021, the Chancellor, Rishi Sunak, announced two temporary first year allowances to aid economic recovery from the COVID-19 pandemic. The undermentioned outlines these allowances. Guidance From […]
06 January 2022

HMRC Press Release 6 January 2022

Introduction This is our approach to all articles. Today HM Revenue and Customs (HMRC) has announced that they will not charge: Late filing penalties for those who file online by 28 February 2022. Late payment penalties for […]
17 December 2021

Time to Pay Reminder

Introduction This is our approach to all articles. HM Revenue & Customs (HMRC) is reminding taxpayers of the option to set up a self-serve time to pay arrangement if they are unable to pay their self […]
16 November 2021

HMRC Warning Customers

Introduction This is our approach to all articles. Be on Guard HM Revenue and Customs (HMRC) warns customers completing their 2020 to 2021 tax return to be on their guard as almost 800,000 tax-related scams were […]
16 June 2021

Directors Current Account (Overdrawn)

Introduction This is our approach to all articles. From time to time, the directors account with the Company can become overdrawn. Therefore, in those circumstances, there are a number of ways the account can be dealt […]
10 May 2021

Corporation Tax Penalty Notices

Introduction This is our approach to all articles. The reason you are receiving this is that you may have received a penalty notice from HM Revenue & Customs for late filling of Corporation Tax. Due to […]
07 April 2021

Torrid Times

Introduction This is our approach to all articles. These extraordinary and exceptional times have necessitated having: to make “time to pay” settlements. in respect of personal tax liabilities (SATR). In view of this, many Clients appear […]
19 February 2021

190221 – HMRC-Newsletter

Breaking News HMRC announced at 15:00 today very generous offering for Self Assessment “customers”. They will not be charged the initial 5% late payment penalty if: they pay their tax or make a Time to Pay […]
18 February 2021

170221 – HMRC-Newsletter

Introduction Information on the financial support schemes is now available to help you through the COVID-19 pandemic, including updates on deferring VAT and claiming for furloughed staff through the Coronavirus Job Retention Scheme (CJRS). News VAT […]
08 February 2021

Tax Agent

Introduction Link to Previous Articles: ()
08 February 2021

CTSA

Introduction Link to Previous Articles: ()
08 February 2021

SATR

Introduction Link to Previous Articles: ()
16 January 2021

Audio Recordings

Introduction The purpose of this article is for total transparency of our methodology. This article outlines the actual system and reasoning behind it. This is indicative of of ethos and is embedded in our Engagement Terms […]
15 December 2020

IT Services Offering

Introduction With businesses needing established IT systems and infrastructure now more than ever, our service details and fees are given in this article, Applies to existing clients and non-clients, Services fall into three categories: Consulting Remote-Assistance […]
09 December 2020

Fee Collection System

Introduction This sets out , in detail, the “Fee Collection System” as part of our engagement process. Fees for services may be collected as follows: As may be agreed between us and notified to you in […]
30 November 2020

Self-Employment Income Support Scheme 3 (SEISS3)

Introduction The third SEISS grant to support self-employed people affected by coronavirus is now open. The rules on who is eligible to claim are different to those for the previous SEISS grants. However, a 2018/19 SATR […]
24 November 2020

Three Line Accounting

Introduction Three line accounting is a simple way of reporting income and expenses from self-employment or from UK property. The main benefit of doing this is to save time and cost of reporting to HMRC on […]
19 November 2020

SIC Codes

SIC Codes Demystified? SIC Codes stand for – Standard Industrial Classification. These codes in United Kingdom SIC e used as a framework for classifying business activities based. They are always identified by numeric order, codes. SIC […]
16 November 2020

Furlough Extension to 31 March 2021

Monthly Payroll You and/or your employee(s) can claim for a grant to pay 80% of the current salary for hours not worked, up to a maximum of £2,500, based on the gross salary calculated in October […]
27 October 2020

HMRC Phishing Scams

Activity by fraudsters is on the rise claiming they are calling as HMRC​ Many forms of scams are being carried out using:​ Phone, Email, SMS, WhatsApp, Social Media​ However, very little by Telegram – Used by […]
02 October 2020

Capital Gains Tax (CGT) on Property

All UK residential property are subject to CGT (see exceptions below) CGT is Due From 1 July onwards Required to report and pay the tax 30 calendar days from the date the property is sold Filing […]
08 September 2020

Business Health Check

10 September 2020

SA302 Mortgage Application

30 July 2020

SEISS Grant Overpayments

Visit the related links:
08 September 2020

SATR Review

22 June 2020

Entrepreneurs’ Relief

Introduction The Approach to this and all Articles is consistent with our Standard System and Procedure. The Name of this relief has been changed to Business Asset Disposal Relief. This is to reflect the true nature […]
11 June 2020

Import VAT Certificate (C79)

Introduction The Approach to this and all Articles is consistent with our Standard System and Procedure. This article gives you a guide and overview to Import VAT Certificate (C79). What is a Form C79? When you […]
05 June 2020

Repayment of Higher Rate (SDLT)

Introduction The Approach to this and all Articles is consistent with our Standard System and Procedure. This article gives an overview into Repayment of Higher Rate of Stamp Duty Land Tax (SDLT). Who does it apply […]
18 May 2020

SATR Authorisation and Approval Form

[ ]
13 May 2020

VAT Authorisation and Approval Form

[ ]
07 April 2020

Year End Change Benefits

Introduction  This gives the benefits of the year-end (Change of Accounting reference date) and depending on the facts and circumstances, we highly recommend this.  However, advice should be sought on each occasion before it is seriously […]
18 March 2020

Vat Returns March 31 2020 – A Message from Avar.

[ ]
13 December 2019

Accounting System (Non-VAT Registered Clients)

Introduction The Approach to this and all Articles is consistent with our Standard System and Procedure. The above-named Article describes “an overview” of the purpose to which the “substantive contents” will be continually “populated” and “grown”, […]
21 November 2019

Property And Trading Allowances

Introduction The Approach to this and all Articles is consistent with our Standard System and Procedure. The above-named Article describes “an overview” of the purpose to which the “substantive contents” will be continually “populated” and “grown”, […]
14 October 2019

SATR – Step 5 Completion and Closure

You don’t have permission to view the content
14 October 2019

SATR – Step 4 Authorisation and Approval

You don’t have permission to view the content
14 October 2019

SATR – Step 3 The Substantive Assignment

You don’t have permission to view the content
14 October 2019

SATR – Step 2 Pre – Commencement

You don’t have permission to view the content
14 October 2019

SATR – The Process “Visitors Page”

Introduction The above-named Article describes “an overview of the purpose” to which the “substantive contents” may be amended continuously making its functionality extremely powerful. The “substantive contents” will be continually “populated” and “grown”, on a regular […]
14 October 2019

SATR – The Process

14 October 2019

SATR – Step 1 The Service

You don’t have permission to view the content
30 September 2019

SATR – Authorisation and Approval

[ ]
11 February 2019

Corporation Tax

Introduction  This article gives a brief guide on Corporation Tax and explains: Which types of entity is subject to Corporation Tax. When to make a payment. How to make payments (if you have a liability). What […]
11 February 2019

VAT Flat Rate Scheme

The Salient Features  Introduction The VAT Flat Rate Scheme was first introduced April 2002 to help simplify the way in which businesses accounted for and reported their VAT. From 1 April 2017, the rules changed on […]
11 February 2019

Annual Tax Summary from HMRC

 Introduction and Overview  This article explains what the Annual Tax Summary is all about how you may be able to access it. The summary shows how much tax and national insurance was paid within the tax […]
11 February 2019

FOC Services

Introduction The Approach to this and all Articles is consistent with our Standard System and Procedure. The Purpose Loyalty and Longevity: Some of Avar’s Clients have chosen our services for a good part of their life […]
11 February 2019

SATR – All You Need to Know

Introduction The Approach to this and all Articles is consistent with our Standard System and Procedure. SATR – All You Need to Know  Avar offers Free of Charge (FOC) SATR Completion service to all their business […]
11 February 2019

SATR – Payment of Liabilities

Introduction  The Approach to this and all Articles is consistent with our Standard System and Procedure. If you have a tax liability, you must make a payment to HMRC to avoid any penalties and interest. The balancing […]