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Do You Feel that You're Paying Too Much Tax? - J S White & Co Limited

Did you know that higher rate taxpayers shoulder the burden of two thirds of Britain’s entire income tax bill even though they represent just 16 per cent of the population? This group, earning £42,000 and above pay 67% of the income tax, despite being outnumbered by lower paid workers 5:1 As this group have money, they are …
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So if feel you’re paying too much tax, please get in touch. What have you got to lose, an hour of your life or a big tax bill?
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Self Assessment and Your New Year's Resolutions - J S White & Co Limited

We are just over a week into 2016 and many people are going about their daily business, putting into action the New Year’s resolutions they made at New Year. Aren’t they the same all the year? – quit smoking, find a new job, spend more time with family, lose weight … most of  which will …
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As accountants, we are working hard to help our clients achieve their aspirations in their business, this week, this month and all year long.
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Continued Professional Development - J S White & Co Limited

Continued Professional Development - J S White & Co Limited | Money | Scoop.it
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25 years ago, I took my final accountancy exams, which made me a qualified ACCA accountant. Five years later I became a fellow member or FCCA.
Ever since that date I have had to undertake hours of  Continued Professional Development courses to keep on top of my game, and this, added to years of experience, gives rise to a smart accountant which is what I and my clients believe we are.

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Did you know; Britain invented income tax? - J S White & Co Limited

Did you know; Britain invented income tax? - J S White & Co Limited | Money | Scoop.it
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We help our clients to get it right the first time, every time. 

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Thinking About Switching Accountants?

Thinking About Switching Accountants? | Money | Scoop.it
Last week I spoke to a potential new client. She was disillusioned with her current accountant who she felt was too strict with her. She would spend time arguing that certain costs were business co...
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Let us look at your accounts for free and explain what we can do to save tax

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What Makes a Good Accountant?

What Makes a Good Accountant? | Money | Scoop.it
  Firstly, a good accountant will not just do the work that you ask them to do; a good accountant will go above and beyond that. For example, instead of just processing your financial statements, a...
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A good accountant will save you money, make you money, and introduce you to good contacts.

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Do you need help with your Payroll?

Do you need help with your Payroll? | Money | Scoop.it
If you run a payroll you will be aware that it's an onerous task. A mistake is almost certain to upset the employee or the company. Moreover, if you get the tax or national insurance wrong, not onl...
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A payroll mistake is almost certain to upset the employee or the company

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Not All Accountants Are The Same

Not All Accountants Are The Same | Money | Scoop.it
We have recently been introduced to a potential new client who had a problem. He had a turnover of £600,000 and a corporate tax bill of £19,000 but not enough money to pay it. He knew something was...
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The old accountant was cheap and did the work as efficiently as possible, probably by giving it to his junior or even his cleaner.

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Saving on Your National Insurance Contributions

Saving on Your National Insurance Contributions | Money | Scoop.it
Did you know that last year the Government collected £110 billion in National Insurance, which represents 17% of the total tax revenues collected? This is the same as the total collected in V AT an...
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There are many strategies for avoiding National Insurance altogether which are all legal and enable you to keep more of what you earn

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Financial Decision Making

Financial Decision Making | Money | Scoop.it
Every business has to make choices on a daily basis. Some of them are general, some very specific to your business, some are desperately important and others less so. We help our clients to make th...
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Tailor-made sound, unbiased and professional advice based on circumstances with financial accountancy and tax problems.

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Video: Successful Test For SpaceX Crew Capsule Emergency Abort

Video: Successful Test For SpaceX Crew Capsule Emergency Abort | Money | Scoop.it
The perfect escape from an imperfect launch

Via THE *OFFICIAL ANDREASCY*
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Fantastic. Frightening, but fantastic!

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THE *OFFICIAL ANDREASCY*'s curator insight, May 6, 2015 12:26 PM

The capsule went from 0 to 100 miles per hour in just 1.2 seconds

escorts dubai's curator insight, May 6, 2015 12:56 PM

http://escortdubai4u.tumblr.com/

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Why is the UK Tax Year-End Different?

Why is the UK Tax Year-End Different? | Money | Scoop.it
This week somebody asked me why we have 5th April as our tax year-end, when the rest of the world has theirs on 31st December. To find the answer you have to go back to 1582 when Pope Gregory XIII ...
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Pope Gregory XIII changed the Julian calendar to the Gregorian calendar in 1582. Europe adopted the new calendar but the the British Isles didn't.

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Why To Avoid Cheap Accountants

Why To Avoid Cheap Accountants | Money | Scoop.it
This week we have been very busy with self-assessment returns, in preparation for the 31st Janauary Self-assessment deadline. I have dealt with a new client who decided to move to us but wanted to ...
Ralph Kennedy's insight:

The cheapest is not always best

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Are You a Higher Rate Tax Payer? - J S White & Co Limited

I recently met with a client who wanted to set up his wife in business. He was a higher rate tax payer and suggested the business should be in her name. However – the business was set to break even in its first year. So we set it up in his name. He will employ …
Ralph Kennedy's insight:
Be smart and legal
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Setting up Systems - J S White & Co Limited

Setting up Systems - J S White & Co Limited | Money | Scoop.it
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Not many people appreciate but it is the law that a taxpayer must keep suitable records, for 6 years.

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Do you know difference between a smart accountant and a miser? - J S White & Co Limited

Do you know difference between a smart accountant and a miser? - J S White & Co Limited | Money | Scoop.it
Ralph Kennedy's insight:

The value of a smart accountant is that we can play the numbers. We understand the rules; we keep within the law and advise you in the best possible way to achieve your objective.

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Are You Taking Big Dividends from Your Company? - J S White & Co Limited

Are You Taking Big Dividends from Your Company? - J S White & Co Limited | Money | Scoop.it
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Do you know directors of companies who take small salaries and big dividends. I will be happy to advise on the best structure and banding of income to minimise the tax take and maximize the wellbeing of the business.

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Accountants for Builders

Accountants for Builders | Money | Scoop.it
 Most people will know that the first victim of the downturn in the economy was property, and because of that the construction worker. In my experience most are still feeling the pinch and whilst w...
Ralph Kennedy's insight:

Please help me to help poor disorganised builders to get back what is rightfully theirs at the earliest opportunity.

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The New Tax Rules for Landlords and Property Developers

The New Tax Rules for Landlords and Property Developers | Money | Scoop.it
 It was announced in the Budget that the government will restrict the amount of income tax relief landlords can claim on residential property mortgage interest costs to the basic rate of income tax...
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It's time to plan if you have residential property.

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Have You Heard of The Term Tax Freedom Day?

Have You Heard of The Term Tax Freedom Day? | Money | Scoop.it
This is the day of the year at which you have earned enough money to pay off your annual tax liability. This took an average of 148 days in 2014. This means that on average, we all worked for the G...
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This year, on average, we all worked for the Government until Thursday 28th May (day 148 of the year)

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Can We Help You Reduce Your High Tax bill?

Can We Help You Reduce Your High Tax bill? | Money | Scoop.it
Did you know that the highest paid 3,000 people in the UK pay more income tax than the bottom nine million, according to official Government statistics? The figures show that the very highest earne...
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I would like the opportunity to explain how we can reduce their extraordinary burden of tax by making the best use of the tax system and the allowances available.

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What To Do When HMRC Come Knocking at Your Door

What To Do When HMRC Come Knocking at Your Door | Money | Scoop.it
When HMRC issues a formal notice of their intention to make an enquiry into your tax affairs this does not automatically mean they believe something is wrong. They routinely check a proportion of t...
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From the moment the opening enquiry letter is received from HMRC, we strongly recommend you seek help

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Have You Got it Covered When the Taxman Commeth?

Have You Got it Covered When the Taxman Commeth? | Money | Scoop.it
Over recent months, we have become ever more involved with HM Revenue & Customs. We are now seeing PAYE, VAT, Income tax and Corporation Tax working together. We are not intimidated by this and...
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Employ an accountant who always works for you

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Apply for the New Marriage Allowance

Apply for the New Marriage Allowance | Money | Scoop.it
HMRC have announced that registration for the new Marriage Allowance for married couples and those in civil partnerships is now open. From 6 April 2015 certain married couples and civil partners ma...
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New Marriage Allowance for married couples (and civil partnerships) is now open in the UK

 

HM Revenue & Customs, taxpayer, tax refund, finance, accounting, JS White & Co, Certified Chartered Accountants, Leeds

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Top 15% of Earners Contribute Almost 70% of Total Tax Take

Top 15% of Earners Contribute Almost 70% of Total Tax Take | Money | Scoop.it
Did you know that the top 1% of earners currently contribute 29.7% of the total tax take? Whilst this might be fine to some, the next 14.7% (Middle England higher-rate tax payers) contribute a furt...
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The top 1% of earners currently contribute 29.7% of the total tax take

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