Redundancy pay and tax
There is a tax-free limit of £30,000 for redundancy pay regardless of whether it is your statutory redundancy payment or a higher payment from your employer.
If you have been employed for two years
I will meet with you to discuss solutions for your business and give full training if you wish to apply the solutions yourself or I am happy to take the burden, allowing you to concentrate on what you do best.
Preparation and submission of statutory year end accounts and corporation tax returns.
Completion and submission of all required returns to HMRC for payroll and Construction Industry Scheme (CIS) reclaims and payments.
Preparation of year end profit and loss statements and submission of personal tax returns.
LW Accounting and Business Services Ltd is licensed and regulated by AAT. AAT is recognised by HM Treasury to supervise compliance with the Money Laundering Regulations.
Company Registration Number 13340888 | VAT Number 440167029
You don’t need to feel under pressure to choose your accountancy firm. I will sit down and speak to you – then it’s up to you to decide if I’m right for you.
You can access your own client portal directly from this website. Everything you need to access is all stored there, ready for you 24/7.
There is a tax-free limit of £30,000 for redundancy pay regardless of whether it is your statutory redundancy payment or a higher payment from your employer.
If you have been employed for two years
There are special VAT rules that allow two or more companies or limited liability partnerships, commonly referred to as ‘bodies corporate’, to be treated as a single taxable person for VAT purposes
The freezing of tax thresholds often leads to a phenomenon known as fiscal drag. When tax thresholds remain unchanged, taxpayers will likely pay more tax as their earnings rise without a corresponding
September 30, 2024| © All Rights Reserved
Company Registration Number 13340888 | VAT Number 440167029
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