Category Archives: Uncategorized

Winter’s Here!

Looks like Winter is here with a vengeance! Hopefully the snow will stay away from London for a little while yet. Being a big cricket fan it was very sad to see the great Sachin Tendulkar retire on Saturday but he has had an amazing career and maybe it’s time to let the younger players show what they are made of.
Those of you who need to submit self assessment returns and want any outstanding tax to be included in their tax codes need to file by 31 December 2013 otherwise you will have to pay any outstanding tax by the 31 January 2014. Here at Khushkam we are happy to assist with preparing and submitting tax returns so please get in contact if you need to file one and don’t know what expenses are allowed to be claimed and which are not.
A reminder to those families in receipt of child benefit and where one partner earns in excess of £50,000, that they will need to submit a tax return and if they have not registered yet, to do so as soon as possible. We can assist with the registration process if people are not sure of what to do.
Finally, Khushkam has a new app which is available for both Apple and android devices. It give instant information on tax rates, key dates in the tax calendar and has some very useful calculators such as Mortgage and loan, company car benefit and salary.

Looks like summer is nearly over!

As we now approach winter with its shorter days and longer nights, we should also remember that tax returns are due by the 31 October 2011  if you are filing a paper return and 31 January 2012 if you are filing on-line.  If you owe tax and want it collected through your PAYE code then 31 December 2011 is your deadline. We would suggest not leaving tax returns till the last week in January but trying to get them done as soon as possible and here at Khushkam we will be very glad to  assist in anyway we can.

Please get in touch with any questions you may have on the above or indeed with anything else!

 

 

Welcome to the new tax year

I hope you all had a great Mothers Day and of course enjoyed the fantastic win by India over Sri Lanka in the Cricket World Cup Final on Saturday!

We now look forward to the start of the new tax year and of course the increased personal allowance which will put a little extra in most people’s salaries. Very soon the letters from HMRC will be dropping into people’s letterboxes reminding them to complete tax returns for the 2010/11 tax year, we are always happy to help here at Khushkam with any tax return queries you may have so would love to hear from you.

For all you employers out there do not forget that your P35s end of year returns are due by 19 May 2011 and any outstanding Tax and National Insurance due for 2010/11 is payable by 19 April 2011. End of year returns for any expenses and benefits provided to employees and directors (P11ds) are also due by 6 July 2011 with the relevant Class 1A National Insurance payable by 19 July 2011.

Please get in touch with any questions you may have on the above or indeed with anything else!

Welcome to Spring!

Welcome to the new look KhushKam website, we hope you enjoy your visit!

As the warmer weather approaches, our thoughts turn to the end of the tax year, a couple of things to think about, namely have you utilised your ISA allocation for the year and if not then now would be a good time to do so. As Mothers Day is coming up maybe mum might appreciate a donation towards her ISA!

Also could you benefit from putting any surplus funds into your pension pot before the end of the tax year?

If you have these or any other questions just get in touch!