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	<title>HRBS.biz &#124; Fixed Fee Accountants &#124; Free Guides &#124; Save Tax &#124; VAT Advice &#124; Self Employment Help&#187; HMRC</title>
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	<link>http://tips.hrbs.biz</link>
	<description>Tips and hints for new and growing businesses from HRBS ~ fixed fee pro-active accountants and business advisors</description>
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		<title>Planning for your self assessment tax bill</title>
		<link>http://tips.hrbs.biz/running-your-business/paying-your-self-assessment-tax-bill/</link>
		<comments>http://tips.hrbs.biz/running-your-business/paying-your-self-assessment-tax-bill/#comments</comments>
		<pubDate>Mon, 03 May 2010 14:10:55 +0000</pubDate>
		<dc:creator>Keith</dc:creator>
				<category><![CDATA[Running Your Business]]></category>
		<category><![CDATA[HMRC]]></category>
		<category><![CDATA[income tax]]></category>
		<category><![CDATA[National Insurance]]></category>
		<category><![CDATA[tax payments]]></category>
		<category><![CDATA[Tax Planning]]></category>
		<category><![CDATA[tax return]]></category>

		<guid isPermaLink="false">http://tips.hrbs.biz/?p=662</guid>
		<description><![CDATA[The UK tax year is 6 April to the following 5 April. So the tax year 2009/10 ends on 5 April 2010.

If you are self employed or a limited company director you will need to complete a self assessment tax return.

Although the deadline is 31 January for e-filed returns, we recommend that you complete your tax return and submit it to HM Revenue &#038; Customs as early as possible. <strong><a href="http://hrbs.biz/id?319" "target="_blank">Click here to download a useful pdf tax return checklist</a></strong>.

A self employed person will pay both income tax <u>and</u> class 4 national insurance (NI) on their profits plus income tax on any other income and capital gains tax on any relevant capital gains in the tax year.]]></description>
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		<title>Flat Rate VAT For Affiliate Marketing</title>
		<link>http://tips.hrbs.biz/affiliate-marketing/flat-rate-vat-affiliate-marketing/</link>
		<comments>http://tips.hrbs.biz/affiliate-marketing/flat-rate-vat-affiliate-marketing/#comments</comments>
		<pubDate>Mon, 15 Feb 2010 19:00:00 +0000</pubDate>
		<dc:creator>Keith</dc:creator>
				<category><![CDATA[Affiliate Marketing]]></category>
		<category><![CDATA[adsense]]></category>
		<category><![CDATA[adwords]]></category>
		<category><![CDATA[amazon]]></category>
		<category><![CDATA[ebay]]></category>
		<category><![CDATA[flat rate vat]]></category>
		<category><![CDATA[HMRC]]></category>
		<category><![CDATA[hrbs]]></category>
		<category><![CDATA[PPC Advertising]]></category>
		<category><![CDATA[profit]]></category>
		<category><![CDATA[Tax]]></category>
		<category><![CDATA[VAT]]></category>

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		<description><![CDATA[The UK and EC VAT rules are quite confusing and this HRBS.biz guide gives an easy to read insight into how the flat rate scheme applies to affiliate marketing.
Using the UK flat rate VAT scheme is quite often beneficial for affiliate marketeers.  Many in the affiliate marketing sector have low overheads and in particular small amounts of input tax (VAT charged on purchases).]]></description>
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		<title>Thinking of starting a business?</title>
		<link>http://tips.hrbs.biz/starting-a-business/thinking-of-starting-a-business/</link>
		<comments>http://tips.hrbs.biz/starting-a-business/thinking-of-starting-a-business/#comments</comments>
		<pubDate>Thu, 02 Oct 2008 11:00:00 +0000</pubDate>
		<dc:creator>Keith</dc:creator>
				<category><![CDATA[Recommended]]></category>
		<category><![CDATA[Starting a business]]></category>
		<category><![CDATA[HMRC]]></category>
		<category><![CDATA[National Insurance]]></category>
		<category><![CDATA[NI]]></category>
		<category><![CDATA[self-employed]]></category>

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		<description><![CDATA[If you are turning a hobby into a business or starting a whole new venture, here are some tips to help you get up and running without falling foul of the (UK) tax authorities.
You will need to register with HMRC as a new business within 3 months of starting to trade. Otherwise you will be fined £100 (or more if they find out about you before you register). Registration is quite simple and can be done over the phone.]]></description>
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		<title>How to choose your accountant</title>
		<link>http://tips.hrbs.biz/general/how-to-choose-your-accountant/</link>
		<comments>http://tips.hrbs.biz/general/how-to-choose-your-accountant/#comments</comments>
		<pubDate>Tue, 30 Sep 2008 23:00:51 +0000</pubDate>
		<dc:creator>Keith</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[Recommended]]></category>
		<category><![CDATA[Running Your Business]]></category>
		<category><![CDATA[accountant]]></category>
		<category><![CDATA[fixed fees]]></category>
		<category><![CDATA[HMRC]]></category>
		<category><![CDATA[Payroll]]></category>

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		<description><![CDATA[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.
]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Loans to directors &#8211; form p11d</title>
		<link>http://tips.hrbs.biz/limited-company/loans-to-directors-form-p11d/</link>
		<comments>http://tips.hrbs.biz/limited-company/loans-to-directors-form-p11d/#comments</comments>
		<pubDate>Thu, 31 May 2007 23:00:15 +0000</pubDate>
		<dc:creator>Keith</dc:creator>
				<category><![CDATA[Limited Company]]></category>
		<category><![CDATA[directors]]></category>
		<category><![CDATA[HMRC]]></category>
		<category><![CDATA[loans]]></category>
		<category><![CDATA[p11d]]></category>
		<category><![CDATA[Tax]]></category>

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		<description><![CDATA[It is illegal under current company law for companies to make loans to its directors unless it is an advance to pay company expenses. The loan must also be approved by the shareholders and repaid within 6 months. HMRC consider loans to directors as benefits in kind and the interest chargeable at the HMRC standard rate is taxable and must be reported on form P11d by 6th July. Fines are chargeable by HMRC if the forms are not recived by 19th July.

However, if the loan is below £5000, then under current HMRC rules, no benefit in kind applies.]]></description>
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