HM Revenue & Customs have now NEW penalties now inforced. If you miss the self assessment deadline of 31st January 2012, you will receive penalties even if teh outcome is no tax due or repayment position you will still receive penalties and have to pay. PLEASE MAKE SURE YOU PROVIDED US WITH YOUR FINACIAL RECORDS NO LATER THAN 30TH NOVEMBER 2011 TO MAKE SURE WE HAVE PLENTY OF TIME SENDING YOUR SELF ASSESSMENT TAX RETURN WITHIN TIME.

To find out more about HM Revneue & Customs new penalities click here.

HM Revenue & Customs and Companies House have in the past year been changing their online system and way of how they work and act upon companies. As of 1swt April 2011 all company tax returns now have to be submitted and completed online and pay any tax electronically.

More information please click here.

Your 2011 partnership and individual tax return's are now required to be completed and submitted to HM Revenue & Customs. We require your books and records for the financial year we are in now, with the necessary documentation e.g. bank account statements, income reports and expenditure reports and any other information which you think is required to completed the financial accounts and tax returns.

More information please click here.

Your 2011 PAYE ended of year documents will be required to produce your employees P60's and the employers P35 forms, for the year 5th April 2011. We require the following if applicable:- All employees P11 forms (If applicable). The Yellow HMRC payment book. Employees pay documents to include gross pay, tax and national insurance contributions, names, address, dates of birth, national insurance numbers and any other information necessary. HM Revenue & Customs penalty deadline is 19th MAY 2011 for which you will be charges £100 if this information in not submitted in time. We would like this information no later that 6th May 2011, in order to process the necessary information.

We are currently recieving high number of calls and people are finding it hard to contact us, we aplogize for any inconvenience caused, so we are currently having our telephone system upgraded which should be done by 8th March 2011, the telephone number will still be the same. But are having additional lines linstalled for you to contact us much eaiser. Once again we apologize for any inconvenience caused.

From 5th April 2011, the new tax year starts again. If you don't recieve a tax return don't worry because this new tax year, Barry Summers & Co can now confirm that all Individual Tax Returns will be done online, the only thing that will not be changing is Partnership Tax Returns they will still be done manually on paper, before the deadline of 31st October 2011 for paper tax returns, Individual Tax Returns still have until 31st Janaury 2012 if done online. If you have any questions or queries please do not hesitate to contact Tony Jackson our IT & Database Manager on 01388 815324.