Chartered-AccountantRA Woollard
Chartered Accountant
Our core business is the proprietor owned business

 

Chartered Accountant

Established in 1994 in Skelmorlie, North Ayrshire, we are helping businesses throughout Inverclyde, Renfrewshire, Glasgow and Ayrshire.

We help by running a virtual office using the latest technology and a team of dedicated bookkeepers to provide bookkeeping, payroll support and expert advice on tax issues.


 Meeting YOUR needs matters to us - talk to us and we will respond.
 Contact us by telephone (01475 520699) or by email.

Usefull Links

Companies House HMRC Institute of Chartered Accountants

    Key Dates in 2011 

  • 31 January 2012  -  file Self assessment tax return
  • 31 December 2011 -  file 31 March 2011 accounts Private Companies with Companies House
  • 31 December 2011 - Self assessment tax returns to collect < £3000 of underpaid tax via PAYE

Autumn Statement Some Helpful Measures For Businesses

  • Business rate holiday relief for small  firms extended to 2013
  • £40bn low interest loans to SME made available credit easing program
  • No January Fuel duty increase
  • Exemption for micro businesses from some new domestic regulations.
  • Extra funding for Regional Growth and Regeneration Fund 
  • Equity funding initiative with house builders for first time buyers 
  • Reduction in main Corporation tax by further 1%

Recent Changes

  • All Payroll Starters and Leavers forms ( P45 & P46) and Employers annual returns  must be filed on line. 
  • Penalties introduced for late payment of PAYE/NI
  • All  Corporation tax  returns must be filed electronically in the iXBRL format

    2011-12 Tax and NI Allowances Tax

  • The basic tax code:-        747L so the first £143.75 of a weekly wage will be tax free
  • The earnings threshold:-  £139. Any one earning less per week will pay no NI.
  • Employee's Ni rate:-        12% and employer's rate to 13.8%
  • Working from home:-        flat rate £3 weekly allowance tax free
  • car Allowance:-                 45p per mile tax-free for up to 10,000 business miles, per annum
                                                25 p thereafter

    Equality Act 2010

  • Introduced major changes in employment legislation from October 2010.
  • Time to review your employment practices

    Companies Act 2006

  • The most significant piece of company law legislation in the last 20 years
  • Major changes in UK company law affect all UK businesses

    National Minimum Wages

    New rates from 1st October 2011 are:

  • £6.08 per hour for workers aged 21 years and older
  • £4.98 for workers aged 18 - 20 inclusive
  • £3.68 for workers under 18 who are no longer of compulsory school age
  • £2.60 per hour for apprentices who are either under 19 or in the first year of their apprenticeship

Why not contact us for advice on income tax, corporation tax,
capital gains tax and inheritance tax