For over 30 years Richard Edwards Group has been providing excellent advice and a first class service to our clients. We have a large portfolio of clients and service businesses across many sectors. Book one of our FREE INITIAL MEETINGS to start benefiting from our expertise today.
Christmas Opening Hours
The Offices of Richard Edwards Group will shut at 5pm on Friday 22nd December 2023 and re-open at 8.30am on Tuesday 2nd January 2024.
All at Richard Edwards Group wish you a very happy Christmas and a peaceful New Year.
Making Tax Digital VAT Penalties and Charges
The Government announced pre-pandemic that it intended to change the way interest and penalties are applied for VAT purposes.
After a number of delays, the new rules are to be implemented for VAT periods starting on or after 1 January 2023. The default surcharge will be replaced by new penalties if a VAT return is submitted late or VAT is paid late. There will also be changes to how VAT interest is calculated.
Please click on this link to our article
If you have any further queries, please do not hesitate to contact us for advice and guidance.
Self Assessment Deadline
Now that the clocks have changed and the nights are drawing in don't forget that the self-assessment tax return deadline is 31 January 2024.
HMRC impose automatic financial penalties if your tax return is filed late, if only by one day, and, these fines continue to increase until your return has been successfully received.
We have a specialised tax team who can offer you a helping hand with your tax return and provide advice where required.
If you would like us to assist with your tax return or any other matter then please contact the practice. We offer a free, with no obligation, meeting to assess your requirements and would be delighted to welcome you to either of our offices.
Chancellor's Autumn Statement 2023
Please find attached our digital summary of the Chancellor's Autumn Statement from 22 November 2023 and the Government’s plans for rebuilding the economy.
Our Autumn Statement Summary provides an overview of the key announcements arising from Jeremy Hunt’s speech.
Additionally, throughout the Summary you will find informative comments to help you assess the effect that the proposed changes may have on you personally.
We hope you find this Autumn Statement summary useful but if you have any further queries, please do not hesitate to contact us for advice.
