SFS Accounting
Thank you for your business!You should be receiving an order confirmation from Paypal shortly.Exit Shopping CartManagement Accounts - essential guides for good business decisions
Management Accounts - essential guides for good business decisions
Management accounts are often overlooked by smaller businesses, but they provide vital insights into a business’s performance and provide up to date information to assist with business decisions.
Management accounts give up-to-date financial information about your business allowing you to make informed business decisions and direct the future of your business.
At SFS Accounting we can prepare monthly management accounts for your business tailored to the reports that you would find useful.
1. Profit & Loss Reports with comparisons to prior periods revealing trends allowing you to plan for regular occurrences.
2. Balance Sheets showing you the current assets and liabilities of your business and movement from prior periods. What the business owns and what the business owes.
3. Aged Creditors and Debtors Reports giving detailed information about your payables and receivables
4. Budget Reports giving information about actual v budgeted income/expenses for the period to help you check current performance against expectations and goals.
5. Cash flow forecasts providing an overview of your cashflow and allowing you to plan ahead for known costs.
Please call or email Sam for a quote. 07799 773696 [email protected]
Watch out for HMRC Scams
It could be a scam if it:
1. is unexpected, 2. offers a refund, tax rebate or grant, 3. asks for personal information like bank details, 4. is threatening, 5. tells you to transfer money
You can be sure that HMRC will:
1. only ever call you asking about a claim or payment on a debt that you already know about, 2. never leave a voicemail threatening legal action, 3. never give the reason for a call on a voice message
If you receive any communication through WhatsApp claiming to be from HMRC it’s a scam.
It could be a scam if it:
1. is unexpected, 2. offers a refund, tax rebate or grant, 3. asks for personal information like bank details, 4. is threatening, 5. tells you to transfer money
You can be sure that HMRC will:
1. only ever call you asking about a claim or payment on a debt that you already know about, 2. never leave a voicemail threatening legal action, 3. never give the reason for a call on a voice message
If you receive any communication through WhatsApp claiming to be from HMRC it’s a scam.
SEISS 4th Grant
SEISS 4th Grant
The online claims service for the fourth grant will be available from late April 2021 until 31 May 2021.
If you are eligible, HMRC will contact you in mid-April to give you your personal claim date. This will be the date that you can make your claim from. See webpage below for further information.
The online claims service for the fourth grant will be available from late April 2021 until 31 May 2021.
If you are eligible, HMRC will contact you in mid-April to give you your personal claim date. This will be the date that you can make your claim from. See webpage below for further information.
New Payroll Rules 2021
New Payroll Rules 2021
From 6 April 2021 HMRC are changing the off-payroll working rules. You can use the link below to check the employment status of yourself or your employees/contractors. The results can be printed and used as evidence to HMRC of determining employment status.
From 6 April 2021 HMRC are changing the off-payroll working rules. You can use the link below to check the employment status of yourself or your employees/contractors. The results can be printed and used as evidence to HMRC of determining employment status.
Protect yourself from scams
Protect yourself from scams
Protect yourself from scams
Stay vigilant about scams, which may mimic government messages as a way of appearing authentic. Search 'scams' on GOV.UK for information on how to recognise genuine HMRC contact. You can also forward suspicious emails claiming to be from HMRC to [email protected] and texts to 60599.
Third grant of the Self-Employment Income Support Scheme (SEISS)
Third grant of the Self-Employment Income Support Scheme (SEISS)
For self-employed clients, the third SEISS grant closes for claims on Friday 29 January. You must claim on or before this date.
Similar to the first and second SEISS grants, the third SEISS grant will also be subject to Income Tax and self-employed National Insurance. Alongside the first and second grants, the third SEISS grant should be reported on your 2020/21 Self Assessment tax returns (filing deadline 31 January 2022).
Where you also claim Universal Credit (UC), the Self-Employed Income Support Scheme grant should be reported to DWP in the month the grant is paid and may affect the amount of UC received.
New 100% government backed loan scheme for small business
New 100% government backed loan scheme for small business
• businesses will be able to borrow between £2,000 and £50,000 and access the cash within days
• loans will be interest free for the first 12 months, and businesses can apply online through a short and simple form
• businesses will be able to borrow between £2,000 and £50,000 and access the cash within days
• loans will be interest free for the first 12 months, and businesses can apply online through a short and simple form
The new Bounce Back Loans scheme, announced by the Chancellor, will allow businesses to borrow between £2,000 and £50,000 and access the cash within days. Loans will be interest free for the first 12 months, and from Monday 4 May, businesses can apply online through a short and simple form.
For further information:
Support for Business during the Covid-19 pandemic
• Business rates - There will be a one-year business rates holiday for all businesses in England in the retail, hospitality and leisure sector. This change will apply automatically.
• £25,000 cash grants for retail, hospitality and leisure - Businesses must have a rateable value between £15,000 and £51,000. Local authorities will write to businesses that meet the criteria.
• £10,000 grant for the smallest businesses - Any businesses currently eligible for Small Business Rate Relief (SBBR) or Rural Rate Relief will qualify. Apply for the emergency funding direct from their local Council.
• Self-employed Income Support - The Government is to pay self-employed people across the UK a taxable grant worth 80% of their average monthly profit. This will be calculated from up to three years of tax filings (if available), and be capped at £2,500 per month. HMRC will contact eligible taxpayers and tell them how to apply. This will not be available until June 2020.
• Tax and VAT bills delayed - Payment of key taxes will be automatically deferred to provide businesses with a further potential source of working capital. You may need to cancel direct debit instructions with your bank if direct debits have been set up to pay taxes.
• HMRC Time to Pay service - Struggling businesses and self-employed people can ask HMRC for more time to settle tax bills. Decisions will be made case by case. Call the HMRC dedicated helpline on 0800 0159 559.
• Coronavirus Business Interruption Loan Scheme - Individual businesses will be able to apply for loans up to a maximum of £5 million. The Government will pay the interest for 12 months and will guarantee 80% of the loan. Any company with a turnover of up to £45 million can apply.
• Coronavirus Job Retention Scheme – The Government will cover 80% of the salaries of workers who remain on payroll but are temporarily not working during the coronavirus outbreak, up to a total of £2,500 a month. Employers will submit claims via an online portal.
• Statutory sick pay - Any business with fewer than 250 employees will have the cost of providing 14 days of statutory sick pay (per employee) refunded by the government in full. It will also apply from day one rather than the usual day four of illness — even if individuals have no symptoms.
• Universal Credit - Self-employed workers can claim income support if they need to self-isolate.
• Hardship fund - A £500 million hardship fund is to be made available through local authorities.
For Isle of Wight Businesses
• Pay it Forward Crowdfunder and match-funding by Solent LEP - If you are a micro or small business you could access to up to £2,000 in match funding through the Solent LEP’s Crowdfunder’s Pay it Forward scheme.
For further information:
www.gov.uk/government/collections/financial-support-for-businesses-during-coronavirus-covid-19
Support for Business during the Covid-19 pandemic
• Business rates - There will be a one-year business rates holiday for all businesses in England in the retail, hospitality and leisure sector. This change will apply automatically.
• £25,000 cash grants for retail, hospitality and leisure - Businesses must have a rateable value between £15,000 and £51,000. Local authorities will write to businesses that meet the criteria.
• £10,000 grant for the smallest businesses - Any businesses currently eligible for Small Business Rate Relief (SBBR) or Rural Rate Relief will qualify. Apply for the emergency funding direct from their local Council.
• Self-employed Income Support - The Government is to pay self-employed people across the UK a taxable grant worth 80% of their average monthly profit. This will be calculated from up to three years of tax filings (if available), and be capped at £2,500 per month. HMRC will contact eligible taxpayers and tell them how to apply. This will not be available until June 2020.
• Tax and VAT bills delayed - Payment of key taxes will be automatically deferred to provide businesses with a further potential source of working capital. You may need to cancel direct debit instructions with your bank if direct debits have been set up to pay taxes.
• HMRC Time to Pay service - Struggling businesses and self-employed people can ask HMRC for more time to settle tax bills. Decisions will be made case by case. Call the HMRC dedicated helpline on 0800 0159 559.
• Coronavirus Business Interruption Loan Scheme - Individual businesses will be able to apply for loans up to a maximum of £5 million. The Government will pay the interest for 12 months and will guarantee 80% of the loan. Any company with a turnover of up to £45 million can apply.
• Coronavirus Job Retention Scheme – The Government will cover 80% of the salaries of workers who remain on payroll but are temporarily not working during the coronavirus outbreak, up to a total of £2,500 a month. Employers will submit claims via an online portal.
• Statutory sick pay - Any business with fewer than 250 employees will have the cost of providing 14 days of statutory sick pay (per employee) refunded by the government in full. It will also apply from day one rather than the usual day four of illness — even if individuals have no symptoms.
• Universal Credit - Self-employed workers can claim income support if they need to self-isolate.
• Hardship fund - A £500 million hardship fund is to be made available through local authorities.
For Isle of Wight Businesses
• Pay it Forward Crowdfunder and match-funding by Solent LEP - If you are a micro or small business you could access to up to £2,000 in match funding through the Solent LEP’s Crowdfunder’s Pay it Forward scheme.
For further information:
www.gov.uk/government/collections/financial-support-for-businesses-during-coronavirus-covid-19
Blog
Self Assessment at Christmas
| Posted on December 13, 2018 at 2:35 PM |

Take the weight off your shoulders this Christmas………
Mince pies, fairy lights and tax returns, two out three ain’t bad, let SFS Accounting carry the burden of the third one!
Get your tax return done well ahead of the 31 January 2019 deadline so you can relax and enjoy your celebrations.
The ghost of Christmas Past………….
● In 2017, 8,623 people completed their return on Christmas Eve or Christmas Day
● 92 tax returns arrived at HMRC between 11pm and midnight on Christmas Eve
● around 1.3 million submitted returns after Christmas
● 30,348 between 11pm and midnight on 31 January
● around three-quarters of a million people missed the deadline
Those unwanted gifts…………
If you fail to submit a tax return before midnight on 31 January 2019 you’ll face a fine of £100, with interest charged on any late payments.
That applies to returns which are up to three months late. If you let your return slip later again, you could see the fine rise by £10 a day, up to a maximum of £900.
If after six months you still haven’t sorted it, a further penalty of 5% of the tax you owe, or £300 – whichever is more – applies.
There’s an additional penalty of 5%, or a £300 charge, if you still haven’t reached a resolution after a year, while fines of 5% of the unpaid tax can be charged after 30 days, 6 months and 12 months.
Greater Expectations………….
● the process is easier than it used to be
● giving your accountants time means they can apply for all the tax breaks you may entitled to (lower your tax bill)
● if you want your accountant to act on your behalf you need to give them time to notify HMRC of this intention.
Take the pressure off and contact us now for help with your self-assessment ![]()
Categories: None
Post a Comment
Oops!
The words you entered did not match the given text. Please try again.
13026 Comments

t/ - tadalafil generic[/URL - [URL=http://bestpriceonlineusa.com/bactrim/ - bactrim sale[/URL - [URL=http://allegrobankruptcy.com/product/nizagara/ - walmart nizagara price[/URL - [URL=http://impactdriverexpert.com/rulide/ - rulide[/URL - online rulide [URL=http://salamanderscience.com/melalite-15-cream/ - melalite 15 cream prices[/URL - [URL=http://agoabusinesswinds.com/cialis-generic/ - natural cialis[/URL - [URL=http://freemonthlycalender.com/cheap-prednisone/ - cheap prednisone[/URL - [URL=http://agoabusinesswinds.com/online-pharmacy/ - online pharmacy canada[/URL - [URL=http://simplysuzyphotography.com/zanaflex/ - zanaflex 2mg[/URL - [URL=http://quotes786.com/provestra/ - provestra online[/URL - [URL=http://freemonthlycalender.com/cialis-pills/ - cialis pills[/URL - [URL=http://cerisefashion.com/canadian-pharmacy-price/ - pharmacy price[/URL - [URL=http://solartechnicians.net/priligy/ - buy dapoxetine online[/URL - [URL=http://washingtonsharedparenting.com/cialis-overnigh/ - acquista cialis[/URL - [URL=http://toyboxasheville.com/drug/flagyl/ - metronidazole 500mg antibiotic[/URL - myeloproliferative order generic cialis online bactrim no prescription bactrim nizagara online rulide for sale melalite 15 cream on line buy cialis no prescription prednisone online pharmacy zanaflex provestra online cialis uk pharmacy without dr prescription usa priligy 30mg 3dbuy cialis cialis au flagyl stored, http://simplysuzyphotography.com/cialis-20mg-price-at-walmart/ cialis price http://bestpriceonlineusa.com/bactrim/ bactrim http://allegrobankruptcy.com/product/nizagara/ acheter nizagara http://impactdriverexpert.com/rulide/ generic rulide http://salamanderscience.com/melalite-15-cream/ melalite 15 cream on line http://agoabusinesswinds.com/cialis-generic/ cheapest cialis online http://freemonthlycalender.com/cheap-prednisone/ order prednisone http://agoabusinesswinds.com/online-pharmacy/ pharmacy http://simplysuzyphotography.com/zanaflex/ zanaflex http://quotes786.com/provestra/ discount provestra http://freemonthlycalender.com/cialis-pills/ generic cialis at walmart http://cerisefashion.com/canadian-pharmacy-price/ canadian pharmacy price http://solartechnicians.net/priligy/ buy dapoxetine online http://washingtonsharedparenting.com/cialis-overnigh/ athletes and cialis http://toyboxasheville.com/drug/flagyl/ flagyl exclusion osteochondral atelectasis, calculi.


salomon mirage bindings 2018 http://www.restaurantesemcuritiba.com/Carnes_aves_pescados_y_mari
scos/salomon-mirage-bindings-2018

æ??ç¿?æ?? ã?ã?³ã??ã?¹ã?«ã?¼ã?? http://www.ocnhm.com/%e7%b5%90%e5%a9%9a_%e5%bc%8f_%e3%83%af%e3%83
%b3%e3%83%94%e3%83%bc%e3%82%b9/%e6%95%99%e7%bf%92%e6%89%80-%e3%83
%ad%e3%83%b3%e3%82%b0-%e3%82%b9%e3%82%ab%e3%83%bc%e3%83%88

adidas originals zx 700 w damen sneaker blau weiÃ? pink http://www.antharis-online.de/kaschmir_pullover/adidas-originals-
zx-700-w-damen-sneaker-blau-wei%c3%9f-pink

/ - northwestpharmacy.com canada[/URL - [URL=http://black-network.com/tadalafil/ - cialis[/URL - arm; eye-to-eye forearm semenax cheap kamagra prescribing info for cialis generic sildalis online ritonavir best price usa rumalaya canada rumalaya prednisone without a prescription online viagra in canada order cialis online cialis in jamaica no prescription prednisone pack prednisone pack retin a cream 0.05 doxycycline noroxin buy noroxin canada pharmacy online no script tadalafil rehydrate insulin-like http://srqypg.com/product/semenax/ semenax http://gunde1resim.com/kamagra/ kamagra http://kelipaan.com/cialis-tadalafil-20mg/ cialis canadian http://carbexauto.com/product/sildalis-brand/ sildalis cost http://telugustoday.com/ritonavir/ ritonavir.com lowest price http://ourwanderland.com/rumalaya/ rumalaya http://allegrobankruptcy.com/product/prednisone/ buy prednisone http://metropolitanbaptistchurch.org/generic-viagra/ viagra homme http://jokesaz.com/best-cialis-price/ cialis softgel cialis in jamaica no prescription http://metropolitanbaptistchurch.org/buy-prednisone/ prednisone http://sole-solutions.com/drug/retin-a/ retin a and clindamycin http://agoabusinesswinds.com/doxycycline/ doxycycline doxycycline http://ppf-calculator.com/noroxin/ noroxin lowest price http://sole-solutions.com/drug/canadian-pharmacy-cialis-20mg/ pharmacy http://black-network.com/tadalafil/ cialis polyp; crossmatch refill.

asos blue lace maternity dress http://www.wandering1500.co.uk/hello_molly_dresses/asos-blue-lace
-maternity-dress

cription/ - prednisone coupon[/URL - introitus prednisone intagra propecia pharmacy canadian pharmacy where to buy azithromycin noroxin without dr prescription generic nootropil canada pharmacy lyrica drug retin a cream cialis 40 meg cialis online generic dutas t cipro 500 mg levitra 20mg information prelone.com lowest price generic hyzaar lowest price prednisone coupon probes, http://johncavaletto.org/drug/prednisone/ prednisone no prescription http://elegantearthatthearbor.com/drugs/intagra/ intagra http://agoabusinesswinds.com/canadian-pharmacy/ generic cialis canada pharmacy http://cerisefashion.com/zithromax/ azithromycin buy zithromax http://sci-ed.org/noroxin-for-sale/ noroxin noroxin http://redemptionbrewworks.com/nootropil/ lowest price on generic nootropil http://stephacking.com/product/lyrica-drug/ medicine lyrica http://thatpizzarecipe.com/product/retin-a/ purchase tretinoin http://leemyles-boulder.com/buy-cialis/ max cialis http://csharp-eval.com/dutas-t/ buying dutas t http://quotes786.com/ciprofloxacin-500-mg/ ciprofloxacin hcl 500 mg http://carbexauto.com/product/levitra/ levitra http://thatpizzarecipe.com/product/prelone/ prelone http://sbmitsu.com/drug/hyzaar/ hyzaar http://creativejamaicans.com/cheap-prednisone-without-a-prescript
ion/ old prednisone permitted listening.

nike af1 mid saro http://www.tppl.ch/Schlafstrampler_f%c3%bcr_Baby_Jungen/nike-af1-
mid-saro

hipping-cialis/ - cialis without prescription[/URL - [URL=http://timoc.org/product/best-prices-for-cialis-20mg/ - best prices for cialis 20mg[/URL - [URL=http://iliannloeb.com/calan-for-sale/ - calan[/URL - artemether abusing preservation subaction showcomments viagra archive remember tadapox buy eukroma cream walmart price sildalis without a doctors prescription tadalafil buy nolvadex lowest price generic sildalis levitra prices sildalis ciprofloxacin 500 mg diovan capsules purchasing prednisone deltasone online order cialis tablets cialis preiswert where to buy cialis online safely calan generic peer-education http://freemonthlycalender.com/viagra/ viagra allopurinol metformin vytorin memory loss http://thatpizzarecipe.com/product/tadapox/ tadapox on line http://lokcal.org/product/eukroma-cream/ eukroma cream brand http://carbexauto.com/product/sildalis/ sildalis without dr prescription usa http://myonlineslambook.com/cialis-coupon/ tadalafil http://myonlineslambook.com/nolvadex/ buy tamoxifen http://kelipaan.com/sildalis/ buy sildalis online http://aquaticaonbayshore.com/levitra/ levitra 20 mg price http://zenergygaming.com/product/sildalis/ buy cheap sildalis http://thezealots.org/drug/cipro/ sore throat ciprofloxacin http://thatpizzarecipe.com/product/diovan/ diovan capsules http://willowreels.com/deltasone/ discount deltasone prednisone 20mg buy online http://greatlakestributarymodeling.net/medicine/cheap-free-shippi
ng-cialis/ cialis without prescription http://timoc.org/product/best-prices-for-cialis-20mg/ best prices for cialis 20mg where to buy cialis online safely http://iliannloeb.com/calan-for-sale/ calan for sale emphysematous crampy dilatation.


systeme video surveillance sans fil exterieur amazon http://www.boutiqueenfant.net/boots_femme_minelli/systeme-video-s
urveillance-sans-fil-exterieur-amazon

ã??ã?¼ã?¿ã?¼ ã??ã??財å¸? begin http://www.eduplus4u.com/duvetica/%e3%83%9d%e3%83%bc%e3%82%bf%e3%
83%bc-%e3%83%9f%e3%83%8b%e8%b2%a1%e5%b8%83-begin


tion/ - lasix[/URL - [URL=http://thezealots.org/drug/levitra/ - generic levitra vardenafil[/URL - [URL=http://johncavaletto.org/drug/tretinoin-cream-0-05/ - retin-a cream[/URL - [URL=http://jokesaz.com/item/buy-kamagra-online/ - kamagra[/URL - [URL=http://myonlineslambook.com/viagra-buy-in-canada/ - pfizer viagra 100mg pills[/URL - [URL=http://scoutcampreviews.com/item/chlamydia-zithromax/ - chlamydia zithromax[/URL - [URL=http://myonlineslambook.com/nolvadex/ - nolvadex for sale pct[/URL - [URL=http://cerisefashion.com/prednisone-without-an-rx/ - prednisone[/URL - [URL=http://outdooradvertisingusa.com/hoodia/ - hoodia[/URL - intubated radicals, audit, come acquistare il cialis online cialis order prednisone no prescription generic xenical lyrica to dream on aerosmith online probalan furosemide without prescription buy generic levitra online buy retin-a kamagra viagra 100 mg zithromax china nolvadex online prednisone without an rx hoodia pills antidepressants, http://azlyricsall.com/cialis-legally/ cialis alytus generic cialis from mexico http://toyboxasheville.com/drug/cialis-20mg/ cialis http://freemonthlycalender.com/cheap-prednisone/ order prednisone http://prettysouthernbk.com/xenical-for-sale/ generic xenical http://johncavaletto.org/drug/lyrica/ lyrica http://10selects.com/probalan/ price of probalan http://simplysuzyphotography.com/furosemide-without-prescription/
buy lasix no prescription http://thezealots.org/drug/levitra/ comprare levitra http://johncavaletto.org/drug/tretinoin-cream-0-05/ retin a http://jokesaz.com/item/buy-kamagra-online/ kamagra.com http://myonlineslambook.com/viagra-buy-in-canada/ viagraonline http://scoutcampreviews.com/item/chlamydia-zithromax/ azithromycin tabs http://myonlineslambook.com/nolvadex/ nolvadex for sale http://cerisefashion.com/prednisone-without-an-rx/ prednisone http://outdooradvertisingusa.com/hoodia/ cheap hoodia refilled liver.


cription/ - lowest price generic prednisone[/URL - [URL=http://myonlineslambook.com/retin-a-cream/ - retin a[/URL - [URL=http://toyboxasheville.com/drug/levitra/ - levitra 20 mg coupon[/URL - purchasing levitra [URL=http://myonlineslambook.com/retin-a/ - retin a cream 0.1[/URL - [URL=http://metropolitanbaptistchurch.org/prices-for-vidalista/ - vidalista[/URL - [URL=http://planninginhighheels.com/propecia/ - buy propecia[/URL - [URL=http://scoutcampreviews.com/super-p-force-oral-jelly/ - super p-force oral jelly[/URL - [URL=http://solartechnicians.net/doxycycline/ - doxycycline[/URL - [URL=http://themusicianschoice.net/cialis-black/ - cialis black costco[/URL - depth, mastectomy shapes, purchase primaquine without a prescription propecia viagra to buy euro viagra dapoxetine online price of dapoxetine online pharmacy cialis order prednisone online without rx buy retin a levitra 20mg best price price of levitra 20 mg retin-a cream vidalista propecia super p-force oral jelly buy doxycycline cialis black without dr prescription amplification ambient hilt; http://campropost.org/primaquine/ purchase primaquine without a prescription http://columbiainnastoria.com/propecia-online/ order propecia http://aquaticaonbayshore.com/buying-viagra/ viagra 100 mg price http://stephacking.com/product/viagra/ viagra pills http://bigskilletlive.com/dapoxetine/ dapoxetine brand http://planninginhighheels.com/online-pharmacy-cialis/ pharmacy http://creativejamaicans.com/cheap-prednisone-without-a-prescript
ion/ cheap prednisone without a prescription http://myonlineslambook.com/retin-a-cream/ retin a pills http://toyboxasheville.com/drug/levitra/ levitra http://myonlineslambook.com/retin-a/ buy retin-a online http://metropolitanbaptistchurch.org/prices-for-vidalista/ prices for vidalista http://planninginhighheels.com/propecia/ propecia canada http://scoutcampreviews.com/super-p-force-oral-jelly/ buy super p-force oral jelly online http://solartechnicians.net/doxycycline/ doxycycline hyclate 100mg http://themusicianschoice.net/cialis-black/ cialis black cost short-circuit extraction, renin measurements.



acheter des tee shirt http://www.lanuitdelaphilosophie.com/boots_en_daim/acheter-des-te
e-shirt
Oops!
Oops, you forgot something.