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Child Benefit High Income Charge: are you at risk of receiving an unexpected HMRC bill

Child Benefit High Income Charge

It’s been around for a while, but the Child Benefit High Income charge is still catching people out. We take a look at what it is, who it affects and what you can do to reduce the amount of tax you pay.

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The 3 great benefits of filing your tax returns early

Posted on 09/10/2019 by Kathryn Collinson
Get your tax returns in early

Tax returns – a necessary evil, but did you realise that filing them early can help both you and your business. Read on to find out more.

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Posted in advice, Corporation Tax

Happy Birthday! Chimes Accountancy celebrates 5 years of providing friendly, jargon free accountancy services

Starting your own business celebrations

Thinking of starting your own business? We’re delighted to have made it to our 5th anniversary, so read on to find out more about our own journey and what things we have learnt along the way.

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Interested in reducing your taxable benefits to zero?

taxable benefits

If you are an employee, then you’ve only got until 6th July 2019 to make reduce the amount of tax you pay on your taxable benefits. We take a look at what ‘making good’ means, which benefits it affects and how to go about it.

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4 nitty-gritty things to consider when setting up a business

Setting up a business

Setting up a business is a big step, and like all big steps you’re likely to be excited and frightened in equal measure. We take a look at the nitty-gritty aspects of setting up a business; those things that aren’t exciting but important for business success.

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Everything you need to know about HMRC Scams and how not to fall for them

HMRC scam

Every year thousands of people are targeted with HMRC scams. We look at what to look out for and how you can protect yourself and your business.

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VAT registered? Make sure you’re ready for Making Tax Digital next month

Making Tax Digital

Making Tax Digital comes into effect next month for most VAT registered businesses. We take a look at what it is, how it will benefit your business and what you need to do next.

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Use it or lose it: 5 tax free allowances you must use by 5th April 2019

Tax free allowances

We may have had snow the last couple of weeks, but spring is just around the corner which means you only have a couple of months left to take full advantage of your tax free allowances. If you think it … Continue reading →

What you need to know about self-assessment

self-assessment tax return

You need to file your self-assessment tax return by 31st January 2019. But don’t panic. We look at everything you need to know, including who it applies to and what you should do next.

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How to give tax friendly gifts to staff and customers this Christmas

Christmas gifts

Thinking of giving Christmas gifts to your staff and customers? We look at the most tax-friendly options for you to show your appreciation.

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Latest News

  • 10 things we never thought would happen in 2020 11/12/2020
  • Yes, accountants can have fun: 10 accounting jokes that prove it! 13/11/2020
  • Overview of the latest changes to coronavirus business support 14/10/2020

Chimes Accountancy Services

Chimes Accountancy Services are an experienced firm of Chartered Certified Accountants based in High Wycombe and Buckinghamshire.

Please get in touch to discuss your accountancy needs.

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Telephone 01494 439013
Email enquiries@chimesaccountancyservices.co.uk
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A FreeAgent friendly and Xero certified accountant in High Wycombe, we have experience of using and supporting both FreeAgent and Xero with clients.

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