Outsourcing our bookkeeping and accounting was a good decision, but even better was outsourcing it to EJBC. They have been efficient, cost effective and flexible from day one, and we are very happy with the service that we receive.

Simon Nutbrown

I was introduced to EJBC by recommendation from a friend and have been with them two years now. I have always found them thorough, helpful and easy to deal with. They always respond quickly when I have a question, and the detail and clarity of the paperwork they have produced for me is a refreshing... Read More

Jeremy Porter

Starting a new business can feel a bit daunting but working with EJBC has been pain free from the beginning, enabling us to get on with building our business and delivering the work. In the beginning, as we got to grips with the practicalities of running the business we regularly rang Emma for... Read More

Angela Greenfield

Venues required to record contact details

23/09/2020 – It has become a requirement for premises and venues across England to have a system in place to record contact details … More...

Changes to duty free shopping

23/09/2020 – The government has published the new rules for duty free and tax free shopping that will come into effect from 1 January … More...

Claiming tax relief for work related expenses

23/09/2020 – Employees who need to buy equipment to use as part of their employment may be able to claim tax relief based on the cost … More...


Don’t forget to pay tax on or before 31 January 2020
07/01/2020

The 31 January 2020 is not just the final date for submission of your Self-Assessment tax return for 2018-19 but is also an important date for payment of tax due. This is the final payment deadline for any remaining tax due for the 2018-19 tax year. In addition, the 31 January 2020 is the payment date for any Capital Gains Tax due in relation to the 2018-19 tax year and the due date for the first payment on account for 2019-20.

If you do not have the necessary available funds to make these payments then you must be pro-active and deal with the issue as a matter of urgency. Pretending the problem does not exist will not make the problem go away and can only make matters worse as penalties and late payment charges may be payable.

The best way forward is for you to contact HMRC to apply for a payment plan and seek to agree a way forward. This can be done through the Payment Support Service (PSS). The PSS seeks to provide support to those experiencing a wide range of tax problems.

The services offered by the PSS depend on individual circumstances but can include:

  • agreeing instalment arrangements
  • suspending any debt collection proceedings
  • reviewing penalties for missing statutory deadlines
  • reducing any payments on account
  • agreeing to defer payments due to short-term cash flow difficulties

The PSS will review the issues raised and look sympathetically at providing a practical solution. HMRC will usually not charge additional late payment surcharges in relation to specific arrangements made using the PSS.


Accounts

We specialise in preparing end of year statutory accounts for your business, in line with HM Revenue & Customs legislation:

Sole Traders & Partnerships
Limited Companies
Limited Liability Partnerships
Property Management Companies
Property rental income accounts

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Bookkeeping

We can adivise on the best bookkeeping options for your needs and budget, if you would prefer to do the bookkeeping yourself.

There are a number of excellent options including Sage desktop software and market leading online solutions, such as Kashflow & Xero.

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Payroll

ejbc payroll

We can set-up and run your payroll scheme or advise on:

Setting up a new payroll system
Day to day payroll processing
Dealing with PAYE and NI deductions
Completing your end of year returns
Holiday & Statutory pay
Stakeholder pensions

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Start Ups

Starting a Business is an exciting opportunity but at the same time can be daunting.

Why not let us take some of the stress away. We are on hand from the outset to help you through many of the challenges of getting your business up and running successfully.

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Contact Us

The Rectory, 1 Toomers Wharf, Canal Walk
Newbury
Berkshire
RG14 1DY
Phone: 01635 46174
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

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