Exam success for Nikki
Huge congratulations to Nikki Jewison who has recently been successful in passing the STEP exams and is now in the process of applying to be…
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VAT on digital services
Do you sell digital services such as: music or software downloads, e-books or online videos? If so, do you know where your customers are and…
Read MoreReal Time Information (RTI) Penalty Notices
As an employer you may have received an RTI penalty warning letter accusing you of not submitting all of the RTI returns required for 2013/14.…
Read MoreSpotlight on Fred Verney – Celebrating 40 years as a Partner at Townends
Fred has been a Partner at Townends since 1974 when he left behind the bright lights of Hull for the even brighter lights and opportunities…
Read MoreVAT and Discounts
Do you offer prompt payment discounts to your customers – known as PPDs? Under UK law VAT is payable on the net amount after deducting…
Read MoreReal Time Information (RTI) Interest
In the past some employers would play the PAYE system, holding on to the PAYE deductions until the last payment date of the year and…
Read MoreMarginal Tax Rates
What rate of tax would you pay on an additional £1 of earnings? If your annual income is between £41,865 and £150,000 you may think…
Read MoreTownends Accountants Hull 10km 2014 Run
On Sunday 8 June staff from Townends Accountants will be taking part in the Hull 10k Run with the aims of (1) finishing; and most…
Read MoreFlat Rate VAT
The flat rate VAT scheme for small businesses is designed to reduce administration hassle for the businesses that use it, not to reduce the amount of VAT…
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