Please pop in to see us with your year-end information, and any questions or concerns you may have regarding the new financial year. There are imminent tax changes to be aware of, notably concerning dividends and personal allowance. Please refer to other articles to find out more and of course ask us for more clarification about how this affects your personal situation.
In order to complete your accounts accurately, we will need the following documentation from you:
Personal tax returns
Details of income (P45 or P60 for employment, Self-employment, property rental, dividends, sale of stocks and shares or land leading to capital gains tax, bank interest, pensions, Partnership income, Trusts, foreign income and any other income such as PPI claims)
Details of outgoings (Private pension contributions, costs of property rental including mortgage interest statements, purchase of stocks and shares, CIS deductions)
Any changes in personal situation or details.
Partnership or Sole trader year end accounts
Bank statements, credit card statements and details of cash activity for the business.
All sales invoices and purchases receipts, along with details of outstanding balances at year end.
Mileage and personal expenses claims to go through the accounts, such as usage of home which requires details of annual house running expenses (mortgage interest or rental, council tax, rates and water).
If in doubt, please call us on 01275 873948 before popping in or posting the information to us to avoid having to do it twice.