A special delivery today from a very happy client. We fought tirelessly with HMRC for over a year to help this client recover the VAT on her expenses. She has recently received the payment she was so patiently waiting on and we couldn't be happier for her. Crackle Bread Bakery thank you so much for the delicious olive and herb sourdough bread, it definitely deserves to be enjoyed in the sunshine! ... See MoreSee Less
Do you know HMRC's top 4 disallowed expense claims are : 1) Caravan rental for Easter weekend. 2) £4.50 for sausage and chips, everyday for 250 days. 3) A music subscription for everyone to listen to whilst working. 4) Pet food for a Shih Tzu "guard dog"
HMRC is targeting compliance activity across all landlord types and will identify and write to landlords who they consider may not have declared all their rental income. The law allows HMRC to go back up to 20 years and in serious cases HMRC may carry out a criminal investigation.
Renting out a property to a family member still makes you a landlord. Make sure you register with HMRC.
As a landlord you are required to register for income tax with HMRC and then declare all profits made from your rental activities, paying the correct level of tax annually. For more info visit the link in our bio!
Want to know what’s new in the world of accounting and taxation for landlords? Then this is the place you need to be. As the rules and regulations adapt and evolve throughout time, we will be here to keep you as informed as possible with the most current information. #Landlords #AccoutingConnections #Renting ... See MoreSee Less
A special delivery today from a very happy client. We fought tirelessly with HMRC for over a year to help this client recover the VAT on her expenses. She has recently received the payment she was so patiently waiting on and we couldn't be happier for her. Crackle Bread Bakery thank you so much for the delicious olive and herb sourdough bread, it definitely deserves to be enjoyed in the sunshine! ... See MoreSee Less
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Photos from Medway Foodbank's post ... See MoreSee Less
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Do you know HMRC's top 4 disallowed expense claims are :
1) Caravan rental for Easter weekend.
2) £4.50 for sausage and chips, everyday for 250 days.
3) A music subscription for everyone to listen to whilst working.
4) Pet food for a Shih Tzu "guard dog"
#HMRC #Claim #Expenses #AccoutingConnections ... See MoreSee Less
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Hope you are all enjoying the festivities.
How are you celebrating?
#platiumjubilee #HerMajesty #celebrations #AccountingConnections ... See MoreSee Less
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Can you name the odd one out?
Train
Stationery
Lunch
Telephone
Answer: Lunch - this is not tax deductible but the others are.
If you are unsure what you can claim, we can help.
#AccountingConnections #HMRC #claim #whatcanIclaim ... See MoreSee Less
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Goodbye May and welcome June!
What are your new goals?
#June #AccountingConnections #NEW month
#NEW goals ... See MoreSee Less
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Did you know, If you use a letting agent to manage your rental property, then their fees are deductible from your rental profits.
#landlords #rentalprofits #accoutingconnections ... See MoreSee Less
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Whatever your plans, enjoy!
#weekend #AccountingConnections ... See MoreSee Less
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HMRC is targeting compliance activity across all landlord types and will identify and write to landlords who they consider may not have declared all their rental income.
The law allows HMRC to go back up to 20 years and in serious cases HMRC may carry out a criminal investigation.
If your unsure contact us or speak to #HMRC about the #LetPropertyCampaign.
#AccountingConnections ... See MoreSee Less
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That's how much HMRC's let property campaign have clawed back since 2013/14 in unpaid tax on undisclosed rental income.
Head to the link in our bio to find out more about the #LetPropertyCampaign
#LetPropertyCampaign #HMRC #Rental #AccountingConnections ... See MoreSee Less
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Hello Monday
Let your unique awesomeness and positive energy inspire confidence in others.
#MotivationalMonday #mondayquotes #AccountingConnections ... See MoreSee Less
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Happy 3rd Birthday to our adopted Alpaca, Erik 🎉🦙
Lower Bush Alpacas
#alpacas #birthday #adoption #AccountingConnections ... See MoreSee Less
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Renting out a property to a family member still makes you a landlord. Make sure you register with HMRC.
As a landlord you are required to register for income tax with HMRC and then declare all profits made from your rental activities, paying the correct level of tax annually.
For more info visit the link in our bio!
#renting #landlords #AccountingConnections ... See MoreSee Less
Comment on Facebook
Want to know what’s new in the world of accounting and taxation for landlords? Then this is the place you need to be. As the rules and regulations adapt and evolve throughout time, we will be here to keep you as informed as possible with the most current information. #Landlords #AccoutingConnections #Renting ... See MoreSee Less
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We love staying connected with you all, so make sure you're following us on all platforms ⬇️
Facebook, Twitter & Instagram - @aconnectuk
LinkedIn - Accounting Connections Limited
#AccountingConnections #SocialMedia #StayConnected ... See MoreSee Less
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How could we forget the best photo of the day from Business Vision LIVE 😆 ... See MoreSee Less
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Amazing day at Business Vision LIVE yesterday, seeing old friends, making new ones and listening to some great talks, including those from Roger Gough and Rob Robinson at @kentcountycouncil, Ben Thomson from the BBC, Richard Pilton at Kayo Digital, Nick Gabay at @thackraywilliams and Connor Styche at @thedigitallookout
#businessvisionlive #lowcarbon #KentCountyCouncil #networking #kent #supportinglocal #accountant #accountantinkent ... See MoreSee Less
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Do you rent out a property but haven't declared this to HMRC? Then contact them before they contact you for reduced penalties.
Need more guidance or accounting services, feel free to call us today on 01634 540340
#LetPropertyCampaign #AccountingConnections #HMRC ... See MoreSee Less
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Today we pay tribute to the many millions at home and abroad that gave so much to ensure we can all enjoy the freedom we share to day.
#VEDay #VictoryinEurope #77years ... See MoreSee Less
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