The Tax Code Is Not Logical And The Taxman Is Not Patient
On top of that HMRC makes a lot of mistakes. HMRC themselves in one year admitted that almost 5M people paid the wrong tax under PAYE. Tax evasion is taken very seriously by HMRC and criminal proceedings usually follow. The penalty regime in many cases is extremely harsh for late filings and mistakes. You MUST […]
Small Company Owners – Make Sure You Pay Yourself Properly
If you run a small owner managed Limited Company it is not a good idea to mix your business and personal expenses and payments A company is a separate legal entity even if you own all the shares and is governed by company law. Director/owners of Limited Companies can pay themselves remuneration either via a […]
Are You A Small Business Owner And Still Using Spreadsheets To Record Your Business Transactions
Disclaimer: Paul Marks & Co Chartered Accountants is the trading name of Paul Marks Ltd a Limited Company registered in England and Wales (registered number 4487645). This video is designed for the information of readers only and viewers should not act on any of the information contained in this article without seeking professional advice. Nothing […]
Tax Avoidence – A Confusing Subject
Disclaimer: Paul Marks & Co Chartered Accountants is the trading name of Paul Marks Ltd a Limited Company registered in England and Wales (registered number 4487645). This video is designed for the information of readers only and viewers should not act on any of the information contained in this article without seeking professional advice. Nothing […]
What’s An Accountant?
Well in the UK the word ‘Accountant’ is Not Legally Protected unlike ‘Solicitors’ or ‘Doctors’ which means that anyone even without training or adequate experience can set themselves up in business and call themselves an ‘Accountant’. So what does this mean for you the public? Well there are a couple of principals that you need […]
