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      Tag: tax returns

      10 reasons to get your tax return done early

      10 reasons to get your tax return done early

      The deadline to submit your tax return online is 31st January 2022. Whilst this may seem like you have plenty of time, everyone is always so shocked at how quickly it comes around. As accountants, we always try to encourage our clients to start preparing for their tax return as soon as possible, and to…

      November 25, 2021
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      What are Basis Periods?

      What are Basis Periods?

      There are going to be quite a lot of changes to the way that businesses record and report their accounts over the next couple of years with the rollout of the Making Tax Digital scheme.   One of these changes is the removal of basis periods from the tax year 2022 – 2023.   What…

      August 26, 2021
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      HMRC delays in checking tax returns

      HMRC delays in checking tax returns

      HMRC have warned that there will be major delays in the checking of tax returns for the 2020/21 tax year.   With so many changes for many self-employed individuals this year, including CJRS (furlough) and SEISS grants, HMRC are manually double checking any tax returns that have been in receipt of either CJRS (furlough) and/or…

      July 20, 2021
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      Turas Accountants
      We are a team of friendly, experienced accountancy staff that come to work every day to help our clients with their accounts, VAT returns, bookkeeping, payroll and tax. Our office is based in Telford, Shropshire
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