EASTWOOD ACCOUNTANCY SERVICES LTD CHARTERED CERTIFIED ACCOUNTANTS
EASTWOOD ACCOUNTANCY SERVICES LTDCHARTERED CERTIFIED ACCOUNTANTS

We keep you updated

We provide our clients with regular updates on changes in taxation regulation, news from the world of accounting and, of course, information about the latest developments at EASTWOOD ACCOUNTANCY SERVICES LTD.

Self-employed NIC penalties

From 6 April 2009 there is a change in the penalty to pay for late notification to the HMRC that you have commenced self-employment.

Up to 6 April 2009 the penalty was £100 and you had 3 months after commencement of trade to let HMRC know.

From 6 April 2009 the rules have been changed as follows:

  1. Anyone who ceases or becomes liable for Class 2 or Class 3 contributions must notify HMRC immediately.
  2. A penalty may be levied (between 30% and 100% of the "lost contributions") if notice is not given by 31 January following the end of the tax year in which you become liable.
  3. There will be no penalty if you have a reasonable excuse for the late notification.

You may find out about other changes in a consultation at our office.

Office hours

Office hours are 9.00am - 6.00pm

Monday to Friday.

We are very flexible and are able to extend to late evenings and weekends, as and when required.

Business Address

EASTWOOD ACCOUNTANCY SERVICES LTD


44-50 High Street

Rayleigh

Essex SS6 7EA

Making an appointment

If you have any queries or wish to make an appointment please contact us:

 

Tel: 07866 716138

Tel : 01268 740352

Fax : 01268 774352

Email: kb@eastwoodaccountancy.co.uk

 

Alternatively, please use our contact form.

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