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Self Assessment Tax Return Checklist 2009-10

Keith — Sun, 02 May 2010 13:14:38 +0000

To help you collate the information you need to prepare your self assessment tax return for 2009/10 we have prepared a useful checklist for you to download.

HM Revenue & Customs must receive your tax return by 31 January 2011 to avoid a penalty.

The earlier you prepare your accounts and tax return the better. You can claim any refunds promptly to help your cashflow and where tax is due; you will have plenty of time to plan your tax payments.

Tax rates and allowances

Keith — Thu, 25 Mar 2010 11:46:55 +0000

Click here to read our guide to the personal and company tax rates and allowances for the 2009-10 and 2010-11 tax years as updated in Alistair Darling's Budget of 24 March 2010. The VAT registration threshold changes on 1 April 2010 to £70,000 from £68,000 . If your taxable supplies for the preceeding 12 months exceed the threshold you must register for VAT.

How to choose your accountant

Keith — Tue, 30 Sep 2008 23:00:51 +0000

An accountant is not a legal requirement but you may consider that some external expertise may be helpful to keep you on the right side of the UK tax authorities, maintain proper accounting records and advise you on how to minimise your tax and National Insurance.

ID Theft

Keith — Sun, 29 Apr 2007 23:00:41 +0000

I'm sure you, like me, will be concerned by the media reports on Identity Theft. As well as personal ID theft, Corporate Identity Fraud is on the increase and the effects can be devastating for the company whose identity has been stolen and its suppliers who supplied the goods in good faith.