Codex Absolute Accountants @codexabsolute
We are a leading accounting firm with offices near Wotton-under-Edge in Gloucestershire providing a range of accounting services nationwide. codexabsolute.co.uk South West, England Joined January 2017-
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Keep HMRC Updated to Avoid Tax Shocks Changed your income or relationship? Tell HMRC to keep your tax and benefits right and avoid unexpected charges or overpayments down the line. #tax #HMRC #finance tinyurl.com/4j87fmay
Critical Record-Keeping Alert for Self-Employed Self-employed? Your business records must clearly show income, expenses, and taxes. Keep them safe for at least 5 years to stay compliant with HMRC rules. #Business #Tax #SelfEmployed tinyurl.com/2v7rn7pm
Claim Business Insurance to Cut Tax Certain business insurance costs can be claimed to reduce taxable profits—make sure your policies relate directly to your trade and keep receipts to back your claim. #TaxRelief #BusinessInsurance #SelfEmployed tinyurl.com/utcu68x3
Must-register as employer before payday If you're ready to pay staff or salaried subcontractors, registering as an employer with HMRC before payday is essential to avoid payroll issues. #HMRC #Payroll #Employment tinyurl.com/2ek428ub
Hobby or Business? Know When Taxes Kick In Your hobby might be turning into a taxable business without you realising. Know when income crosses the line and triggers tax responsibilities. #tax #smallbusiness #hobby tinyurl.com/ywjr9wrj
Are You Missing Out on VAT Reclaims? Businesses may be missing out on reclaiming VAT from previous purchases, mixed-use items, and specific expenses. Check your VAT returns closely today. #VAT #BusinessTips #TaxRelief tinyurl.com/2c7d42x3
Spouse Transfers Can Cut Capital Gains Tax Spouses can transfer assets on a no gain, no loss basis to reduce Capital Gains Tax. Check if your asset ownership is working best for your tax position today. #CapitalGainsTax #TaxEfficiency #FinanceTips tinyurl.com/3wryk7ah
Can Property Repairs Get You Tax Relief? Property owners: Knowing the difference between repair costs and improvements can impact your tax relief claims. Are you claiming correctly right now? #TaxRelief #Property #Finance tinyurl.com/3zdmh48t
Who Needs to Register for VAT Now UK businesses must register for VAT if taxable turnover hits or is expected to exceed £90,000 in 12 months or the next 30 days. Stay compliant. #VAT #UKBusiness #Compliance tinyurl.com/424xfw2m
Cut Your Tax Bill with Trading Loss Relief Claiming relief on trading losses can cut your tax bill and improve cash flow. Knowing how to use losses could save your company money now. #TaxRelief #BusinessFinance #CashFlow tinyurl.com/4z5xfps5
Savings Interest Could Trigger Tax Could your savings interest create a tax bill? Know your allowances and how extra income might reduce your tax-free interest limits today. #Tax #Savings #Finance tinyurl.com/5xk953nr
Capital Gains Tax Alert for Share Sellers Selling shares? Gains over £3,000 may trigger Capital Gains Tax with rates based on income. Be aware of deductible costs and tax reliefs before reporting. #CGT #Investing #Tax tinyurl.com/7sk7zkfn
MTD Quarterly Updates: Are You Ready? MTD quarterly updates require digital records and regular HMRC submissions. Are you set for your first deadline? Make sure everything's ready now. #MakingTaxDigital #Tax #HMRC tinyurl.com/49sdsusw
Check Your Commercial Property for Hidden Tax Relief Did you know a key tax relief on commercial building costs often goes unnoticed? Check if your property spend qualifies for valuable capital allowances today. #TaxRelief #BusinessFinance #Property tinyurl.com/mryrhxx7
Unexpected Tax Risks From Employee Perks Even small employee perks can trigger extra tax and reporting rules. Are your benefits unintentionally creating tax headaches for your business? Stay informed. #Tax #EmployeeBenefits #HMRC tinyurl.com/52uwvns9
Are You Claiming All Business Costs? Not all business costs are claimed when self-employed. Knowing which expenses reduce taxable profit can protect your income and ease tax time. #TaxRelief #SmallBusiness #Finance tinyurl.com/57hcmncs
60% Tax Band Hits £100k+ Incomes Incomes between £100k and £125,140 face an effective 60% tax rate due to personal allowance reduction. Pension or charity contributions could reduce your tax burden. #Tax #Finance #UKTax tinyurl.com/57eu59dn
Why Fund Manager Pay Rules Matter Right Now Fund manager pay depends on profits and risk tests, influencing how returns are taxed. This affects investment fund payouts significantly. #finance #investment #tax tinyurl.com/3as2xumb
CIS Nil Return Rule Returns Contractors must file a nil return monthly when no subcontractor payments are made, preventing late payment penalties and keeping CIS compliance on track. #Construction #CIS #TaxCompliance tinyurl.com/yc52er2r
2026 Class 1A NICs Deadline Alert Class 1A NICs must be paid by 19 July (postal) or 22 July (electronic) to HMRC. Pay on time to avoid penalties and keep reporting accurate. #TaxDeadline #NICs #Payroll tinyurl.com/5n8sa2ac
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