01252 375 466 / 07359 083 549
Are you Saving into a Pension Plan?

Are you Saving into a Pension Plan?

Jays Accountants recommend that everybody should consider their pension provision for when they retire otherwise you might find that the State Pension could leave you short of funds to live on. Check your State Pension forecast here:...
Filing Your Self-Assessment Tax Return

Filing Your Self-Assessment Tax Return

If you receive any untaxed income or monies from the sale of any investment, you must file a self-assessment tax return. Failure to file will result in tax, penalties, and interest – that could be substantial. You must file a tax return if: You have been in business...
VAT and the Domestic Reverse Charge

VAT and the Domestic Reverse Charge

HMRC’s domestic reverse charge for construction services came into force on 1 March 2021. The CIS domestic reverse charge only applies to VAT-registered businesses within the construction industry. If your business is not in this industry or is not VAT registered, you...
Electric Company Cars

Electric Company Cars

If you are thinking about purchasing a company car, it may be worth considering buying an electric/zero emissions car. Compared to a petrol/diesel car, you will get significant tax benefits if you get an electric car.  An electric car will result in a lower personal...
Capital Gains & Losses

Capital Gains & Losses

Capital Gains – If you are investing in any assets other than your own home and they grow in value, you will be making a Capital Gain. Any such asset sold or transferred and where subsequently any Capital Gains arise, you must report these to HM Revenue &...