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  • mkdsbusiness
    • Jan 31
    • 3 min read

DS January Newsletter & HMRC UPdates

DS January Newsletter & HMRC Updates 


Good Morning!



Happy New year!! (is it too late to still be saying that?!)

 

The end of January is here! As many of you know, January is our busiest month due to the tax deadline, so Id like to thank you all with your patience with replies being a little longer this month for any non January deadline related work.

Reminder: If you have ha a Tax Return submitted for 2022-23, the deadline for paying is TODAY


What's new with DS Business Support


  • We are proud to be offering hotdesking. Choose from one of our 3 desks to hire for a day rate of just £20.00 – or a reduced rate for a long term rent – more information, and pictures of the office / site can be found on the following link 

  • Don't forget: If you are always hands on at work and struggle to keep on top of admin and paying suppliers, we are here to take that off your to do list. Xero has now realised a payment software that links your bank straight to your bills - meaning any bills which are due are paid on time - without us needing direct access to your bank account. If you would like more information on this service, please let me know - this can also be used for paying wages


HMRC Updates 


HMRC have issued there new employer bulletin, you can find it on the following link. This link also reiterate the NI changes

December 2023 issue of the Employer Bulletin - GOV.UK (www.gov.uk)

I know the below has been in the last few newsletters, but I think its important to keep this one here again, as it kicked in, this month



HMRC have announced changed to National Insurance contributions from 6th January 2023 for the employed and the self-employed. This announcement is a positive one as its being reduced! You can find all information you need for this on the below link



Autumn Statement 2023: National Insurance Factsheet - GOV.UK (www.gov.uk)



Corporation Tax Changes


 HMRC have changed the way they are charging Corporation Tax.



- This mainly effects companies with a yearly profit of £250k and over, who will now pay 25% rather than 19%.


 - Corp Tax will also be changing for companies who earn between £50k - £250K profit and will be on a variable percentage charge


 - Profit under £50k for this year will remain on the original 19%



Full details of these changes can be found on the following link 



Corporation Tax charge and rates from 1 April 2022 and Small Profits Rate and Marginal Relief from 1 April 2023 - GOV.UK (www.gov.uk)



Please let me know if you have any questions on the changes 



Our Sister Company – The Offsite Office



Alongside DS Business Support – we have a siter company which we run with other local bookkeepers and accountants which offers:


  • Registered office address – we offer a registered office address for limited companies and directors who trade from home or freelance and wish to keep their home address private and off the public register on Companies House

  • NEW!!! – we are proud to announce we now have hotdesking available. Choose from one of our 3 desks to hire for a day rate of just £20.00 – or a reduced rate for a long-term rent.


More information along with pictures of the office / site can be found on our website 



Recommendations



We work with some great companies/individuals to ensure not only the background of DS Business Support is top notch, but also to be able to refer their services to our clients.


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  • mkdsbusiness
    • Dec 31, 2023
    • 3 min read

DS Business Support December Newsletter & HMRC Updates

DS December Newsletter & HMRC Updates 


Good Afternoon

 

Hope you all had a lovely Christmas and managed to have some downtime with friends and family.

 

This year has flown by hasn’t it?!

 

Id like to take this opportunity to thank you all for your support this year. As a small business, we appreciate every one of our clients. Looking forward to our continued working relationship in 2024 and seeing you all thrive in your businesses

 

 

What's new with DS Business Support 

  • As you are all aware, next month is January which means Self Assessment deadline. If you haven’t already paid your 2022/23 tax bill – here is your reminder that you have just a month left to pay.

  • Whilst we are on the subject of Self Assessments – for those of you who are yet to send over your information 2022/23 submission, please can I ask that this is with us within the next 7 days. Failure to have this with us may result in your Self Assessment being filed after the 31st January deadline which will incur penalties and fees from HMRC

  • NEW!!! – we are proud to announce we now have hotdesking available. Choose from one of our 3 desks to hire for a day rate of just £20.00 – or a reduced rate for a long term rent – more information, and pictures of the office / site can be found on the following link Daily Office Rentals | Offsiteoffice | Bristol (theoffsiteoffice.co.uk)

  • Don't forget: If you are always hands on at work and struggle to keep on top of admin and paying suppliers, we are here to take that off your to do list. We have teamed up with a great software company which integrate with your Xero - meaning any bills which are due are paid on time - without us needing direct access to your bank account. If you would like more information on this service, please let me know - this can also be used for paying wages

  • Don't forget, it isn't only bookkeeping we do here - we are also available as Virtual Assistants to keep on top of your emails, invoicing, chasing clients' invoices owed to you - clearing out junk emails and making you aware of only the emails which you need to action

HMRC Updates

HMRC have announced changed to National Insurance contributions from 6th January 2023 for the employed and the self-employed. This announcement is a positive one as its being reduced! You can find all information you need for this on the below link

 

 

Corporation Tax ChangesHMRC have changed the way they are charging Corporation Tax.

- This mainly effects companies with a yearly profit of £250k and over, who will now pay 25% rather than 19%.- Corp Tax will also be changing for companies who earn between £50k - £250K profit and will be on a variable percentage charge- Profit under £50k for this year will remain on the original 19%

Full details of these changes can be found on the following link 

Please let me know if you have any questions on the changes 

Our Sister Company – The Offsite Office

Alongside DS Business Support – we have a siter company which we run with other local bookkeepers and accountants which offers:

  • Registered office address – we offer a registered office address for limited companies and directors who trade from home or freelance and wish to keep their home address private and off the public register on Companies House

  • NEW!!! – we are proud to announce we now have hotdesking available. Choose from one of our 3 desks to hire for a day rate of just £20.00 – or a reduced rate for a long-term rent.

More information along with pictures of the office / site can be found on our website www.theoffsiteoffice.co.uk

Recommendations

We work with some great companies/individuals to ensure not only the background of DS Business Support is top notch, but also to be able to refer their services to our clients.

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  • mkdsbusiness
    • Nov 30, 2023
    • 3 min read

DS Business Support November Newsletter & HMRC Updates


DS November Newsletter & HMRC Updates



Good Evening



What's new with DS Business Support


Christmas opening hours



Please note below the dates our office will be closed:

22nd December to 27th December (returning on the 28th & 29th)

Closed on the 1st (returning on the 2nd)




  • Unfortunately - Comma has ceased trading from 30th November - which means they will no longer be providing batch payroll and supplier payments. For those of you who use Comma with us – I will be setting up a new integration this month in time for December payments and will be in touch with you individually with an update - the majority will be migrated over to Xero and Apron

  • NEW!!! – we are proud to announce we now have hotdesking available. Choose from one of our 3 desks to hire for a day rate of just £20.00 – or a reduced rate for a long term rent – more information, and pictures of the office / site can be found on the following link Daily Office Rentals | Offsiteoffice | Bristol (theoffsiteoffice.co.uk)

  • Don't forget: If you are always hands on at work and struggle to keep on top of admin and paying suppliers, we are here to take that off your to do list. We have teamed up with a great software company which integrate with your Xero - meaning any bills which are due are paid on time - without us needing direct access to your bank account. If you would like more information on this service, please let me know - this can also be used for paying wages

  • Don't forget, it isn't only bookkeeping we do here - we are also available as Virtual Assistants to keep on top of your emails, invoicing, chasing clients' invoices owed to you - clearing out junk emails and making you aware of only the emails which you need to action


HMRC Updates



HMRC have announced changed to National Insurance contributions from 6th January 2023 for the employed and the self-employed. This announcement is a positive one as its being reduced! You can find all information you need for this on the below link



Corporation Tax Changes HMRC have changed the way they are charging Corporation Tax.



- This mainly effects companies with a yearly profit of £250k and over, who will now pay 25% rather than 19%. - Corp Tax will also be changing for companies who earn between £50k - £250K profit and will be on a variable percentage charge - Profit under £50k for this year will remain on the original 19%



Full details of these changes can be found on the following link





Please let me know if you have any questions on the changes



Our Sister Company – The Offsite Office



Alongside DS Business Support – we have a siter company which we run with other local bookkeepers and accountants which offers:


  • Registered office address – we offer a registered office address for limited companies and directors who trade from home or freelance and wish to keep their home address private and off the public register on Companies House

  • NEW!!! – we are proud to announce we now have hotdesking available. Choose from one of our 3 desks to hire for a day rate of just £20.00 – or a reduced rate for a long-term rent.


More information along with pictures of the office / site can be found on our website www.theoffsiteoffice.co.uk



Recommendations



We work with some great companies/individuals to ensure not only the background of DS Business Support is top notch, but also to be able to refer their services to our clients.



15 views0 comments
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