Ross McConnell - Kinross Based Chartered Accountant

Ross Mcconnell Blog

Full State Pension Entitlement

by ROSS MCCONNELL on APRIL 29, 2019

For everyone reaching State Pension Age (SPA) your current maximum entitlement is just £164.35 per week. The amount may even  be lower, depending on your National Insurance (NI) record, so it's always a good idea to check. According to the Department for Work and Pensions, by 2020 just 85% of people reaching pension age will have at least 35 years of qualifying NICs, so don't leave it and then discover...

 
Are You Among The One In Five?

APRIL 22, 2019

Making Tax Digital Making Tax Digital (MTD) is now live! So if your last VAT quarter ended on 31st March then you’re in!  But as you can’t officially sign up until after you file your last non-MTD VAT return, it might not be the right moment to register, yet.  By way of example, if your business has to file a VAT return for the February to April 2019 period, and it...

HMRC Bouquets

APRIL 15, 2019

A Personal Apology With Your Tax Error Hands up if you have received flowers since 2014. Now keep your hand up if they were sent to you by HMRC.  No-one? Me neither, and frankly I’m a little disappointed. It turns out that HMRC spent £10,298 between 2014 and 2018 on flowers. The bouquets were given to taxpayers by way of an apology, after a mistake was made by HMRC, where the error...

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