MINIMUM WAGE

The minimum hourly wage was increased from 1 October 2015 as follows:
21 and over ---18 to 20 ---Under 18 ---Apprentice
£6.70£5.30£3.87£3.30

In April the new living wage will be introduced for anyone aged 25 or over at £7.20 per hour.( an increase of 7.5%) This will increase to £9 an hour (34.3%) by 2020. We are working with clients particularly in service industries, hotels and hospitality to start planning now for these increases.

PENALTIES FOR LATE FILING OF ACCOUNTS WITH THE REGISTRAR OF COMPANIES

Private limited companies must deliver accounts within nine months from the end of its accounting reference date.

If not the following penalties will apply:
How late the accounts are delivered: Penalty (£)
Not more than one month:150
More than one month but not more than three months:375
More than three months but not more than six months:750
More than six months:1500
Note: The above penalties are doubled for any company that files late having also filed for the previous year.

CHRISTCHURCH ACCOUNTANTS

We are not independent financial advisors but we do have links with several firms that can assist

PATENT BOX


Do you have patent derived profits?
Please contact us if you would like advice about RTI.
From 1 April 2013 the new Patent Box regime gives a 10% Corporation Tax rate for patent derived profits. Please contact us if you would like more information.

TAX INVESTIGATIONS


INSURANCE

We can offer insurance to pay fees if you have a tax investigation. Please contact us if you would like more information..

Christchurch Accountants LLP is a limited liability partnership registered in England and Wales with registered number OC351726.

Members: Clive Rusden FCA (ICAEW Membership 729488), Saron Rusden FCA (ICAEW Membership 7315466).

Registered office: 3 The Paddock, 73a Mudeford, Christchurch, Dorset BH23 3NJ.

Tel: 44(0)1202 480566


In accordance with the disclosure requirements of the Provision of Services Regulations 2009, our professional indemnity insurer is Royal Sun Alliance Insurance PLC of 9th Floor, One Plantation Place, 30 Fenchurch Street, London EC3M 3BD. The territorial coverage is worldwide excluding professional business carried out from an office in the United States of America or Canada and excludes any action for a claim brought in any court in the United Dates of America or Canada
© MMX - MMXVII Christchurch Accountants



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