Eamonn Watson3 minNEW VAT PENALTIES & INTEREST CHARGES For VAT periods starting on or after 1 January 2023, the default surcharge will be replaced by new penalties if you submit VAT returns...
Eamonn Watson1 minV.A.T. BACK TO 20% IN HOSPITALITYFrom April 1 2022, VAT returns to 20% in the hospitality sector. You need to ensure that your business is ready to update the point of...
Eamonn Watson1 minSPRING STATEMENT HIGHLIGHTSAgainst the back drop of the fastest cost of living rises in a generation, and with inflation now at a 30 year high of 6.2%, the...
Eamonn Watson1 minSURVEY DONATIONS REACH £1,000Steve Kenyon of SK Joinery has become the final respondent to our customer survey to win the ability to donate £250 to a local charity...
Eamonn Watson1 minHURRY!!! IMMINENT VAT CHANGES 50 day warning... the clock is ticking fast!!!!! If this you or a friend, call Towers and Gornall today on 01995600600 if you are unsure...
Eamonn Watson1 minTHUMBS UP FOR CHARLIE & T+GThis week we are announcing two more £250 donations to local charities alongside the results of our Towers + Gornall customer survey. The...
Eamonn Watson2 minSELF-ASSESSMENT PAYMENT EXTENSIONHM Revenue and Customs (HMRC) is waiving late filing and late payment penalties for Self Assessment taxpayers who have to submit their...
Eamonn Watson3 minWILL YOU PROTECT YOUR BUSINESS AND YOUR KEY STAFF IN 2022?Business Protection Insurance Towers and Gornall's role includes planning for your financial future and protecting your business.
Eamonn Watson2 minSUNAK STATEMENT HIGHLIGHTSHere are some of the key points recapped from the Autumn Statement this week. If you want to know more just give your usual contact a...
Eamonn Watson3 minINHERITANCE TAX ON YOUR BUSINESS BE PREPARED AND SAVE THOUSANDSThink about what happens when you pass away – and the impact that inheritance tax (IHT) could have for your beneficiaries when handing on...
Eamonn Watson10 minFINAL SEISS GRANT LIVE UNTIL SEPTEMBERFind out how to claim the grant if you’re self-employed or a member of a partnership and have been significantly impacted by coronavirus...
Eamonn Watson2 minHMRC WARNS ONE WEEK TO GO!HAVE YOU PAID YOUR TAX IN FULL? Self assessment taxpayers have less than a week left now to pay any outstanding tax liabilities in full,...
Eamonn Watson13 minTAX TO THE FUTURETuesday's inaugural Tax Day didn't confirm immediate changes to the tax that you pay, but it signposted the direction of travel on the...
Eamonn Watson3 minEND OF TAX YEAR ALERTWhat can you save in tax before April 5th? Check it out and have a think what you can spend it on in the future, if you act now! Kevin...
Eamonn Watson9 minEXPERT'S TIPS POST-BUDGET Following the 2021 budget, T+G's expert panel sat down to offer you their top tips, to make the most of the pound in your pocket, in this...
Eamonn Watson1 minBREATHING SPACE ON SELF ASSESSMENT PENALTIESHMRC announced on Friday, 19 February that Self-Assessment customers will now not be charged the initial 5% late payment penalty, if they...
Eamonn Watson2 minARE YOU DUE £124 W.F.H. TAX BACK?If as a result of Coronavirus have been/or are requested by your employer to work from home before the end of the tax year, you are...
Eamonn Watson2 minGET READY TO PAY YOUR DEFERRED VAT BILLDuring the early stages of the first lockdown, the Government gave the option to defer your forthcoming VAT bill until later in the year....
Eamonn Watson3 minHOME OFFICE EXPENSES- WHAT'S TAX DEDUCTIBLE?With greater use of home-working now the norm for many UK businesses, it’s important to think about the deductible expenses that you may...
Eamonn Watson2 minSPREADING YOUR JANUARY SELF-ASSESSMENT PAYMENTThe 2020/21 tax year has been a tough time, financially speaking, for many of us. So it’s no surprise that many owners, directors and...