If you are a client of ours, you may have already received one of our bespoke feedback surveys. You may have even thought to yourself “I wonder if anyone actually reads these?” well... the answer is yes! The feedback forms which we receive are read out to the whole team at our weekly team meeting… Continue reading Tell us how we’re doing!
Are you a working parent with a child entered into child care? You could benefit from a cash saving scheme that works with childcare providers.................. Childcare vouchers are a government approved benefit for all eligible working parents. These are a tax efficient way of paying for childcare that won’t cost you anything to join. Most… Continue reading Childcare and employer provided childcare vouchers.
Our chosen Charity of the year is ‘LAMP’ - Leicestershire Action for Mental health Project which helps those in mental distress. To raise some money for this amazing cause the Torr Waterfield team are taking on Lake Windermere, the largest lake in England. Whilst this sounds a bit of a stroll, (the length of the Lake is… Continue reading Torr Waterfield’s Lake Windermere Charity Walk
After seeing the shock on clients’ faces when they are told of their company and personal tax liability from their year end accounts, or issues with internal costing resulting in low profits, monthly, or at least quarterly, management accounts are vital to ensure that business owners are fully aware of the current position of the… Continue reading Why do Management Accounts?
From 30 June 2016 the Confirmation Statement replaced the Annual Return. The Confirmation Statement is intended to serve roughly the same purpose as the Annual Return but rather than providing a snapshot of your company data at a specific date, you now need to confirm that the information held at Companies House is accurate… Continue reading Goodbye Annual Return Hello Confirmation Statement
We all know it is very important to pay your taxes to HMRC by their deadlines to avoid any late payment interest and penalties. The statutory deadline for paying Employers PAYE liability is the 22nd of the month – or the 19th if paying by cheque through the post. Different ways to pay your PAYE… Continue reading Extending your PAYE payment deadline the easy way
Each year at Torr Waterfield we choose a charity, local or national, to represent and raise money for. Previous charities we have supported are The Epilepsy Society, Bamboozle Theatre Company, Keep The Beat and many more. This year we have chosen L.A.M.P. (Leicestershire Action for Mental Health Projects). LAMP works to support those in mental… Continue reading Charity Of The Year
Here at Torrwaterfield we are constantly updating our systems and software to keep up to date with ever changing technology. Part of this included creating a Taxapp. The Torrwaterfield Taxapp is free to download and available on both IOS devices (App store) and Android devices (Google play). The app includes the following features: Key Tax… Continue reading Keep up to date and download our free Tax App
From 6 April 2016, Limited Companies, LLPs (Limited Liability Partnerships) and SEs (Societas Europea) are required to hold a register of people with significant control (‘PSC register’). This is part of the government’s commitment to increase transparency in ownership and control of companies. A PSC is anyone in a company, LLP or SE who meets… Continue reading People with significant control (PSC) – The New PSC Register
What are company statutory books? Statutory books are records about your limited company which are legally required to be kept and safely stored. The relevant documents are usually kept in a bound book or a ring binder. Alternatively, they can also be held in electronic format providing that you are readily able to obtain hard… Continue reading The importance of keeping your company statutory books up to date.