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Together We Count Are Hiring!

Are you looking for part-time accountancy/bookkeeping work? Then get in touch with us today!

What we’re looking for:

  • Someone with good knowledge of VAT rules and experience within the accounting sector.
  • Familiar with Xero, Microsoft Programs and UK tax rules
  • Preferably living in the Brighton, Hove area (Or willing to travel at least once a week)

In return you will get:

  • Flexible working hours from home
  • 16hrs/week to start
  • Pay dependant on experience

If the above sounds like you, or if you’d like to know more please get in touch with Aaron and send your CV to aaron@togetherwecount.co.uk.

No agencies, please.

Disposing of Personal Belongings

Selling or giving away personal belongings can sometimes have tax consequences and prior to the end of a tax year being aware of these consequences can help you make wise tax choices.

The two taxes to consider when disposing of personal belongings are Capital Gains Tax – a tax on the increase in value of a belonging, and Inheritance Tax – a tax on the overall value of your estate following your death.

Disposing of Personal Belongings – Capital Gains Tax (CGT)

When you dispose of one of your belongings CGT is calculated on the sale proceeds (if the item is sold) or the market value (if the item is given away) after deducting what it cost or the value when the item was first acquired, say for example the item was inherited.

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Self-Assessment Tax Return

Please find below a checklist of information required to prepare a self-assessment tax return. You can also download the Word Document here.

Please complete and return this list along with the relevant information to Together We Count Limited

Please Tick or mark N/A
General
The latest HMRC Self Assessment Tax Statement of Account, if you received one
Any change in your marital status
Details of any student loans you are liable to repay, including whether they fall under Plan A or Plan B
Income
Employment Form P60 or P45, copy of P11D. Details of any taxable lump sums; fixed deductions from employment and redundancy payments and any student loan deductions taken.
Are you a director or officeholder
Self-Employment & Partnership Accounting paperwork for your Accounting Period that ended in this tax year. Details of income and expenses arising or business accounts together with a note of any capital additions or disposals.
CIS Subcontractor All Tax Statements from Contractors between 6th April and 5th April in addition to Self Employment records
Pensions State Pension, private pensions and overseas pensions received, during the tax year.
Benefits State benefits or allowances received, during the tax year. Jobseekers allowance.
Child Benefit received by you or your partner (including any paid to someone else for a child, that lives with you), the number of children this was applicable to and your partners income and the date it ceased if applicable.
Income from Property Details of any rental income, rental statements and mortgage statements for the tax year including interest paid.
Bank/Building Society Accounts Interest received on any accounts from statements or certificates of interest received from your bank. Please indicate any Joint Accounts and enter Your Share of the income. (Include any interest received from PPI repayments)
UK Dividends Dividend vouchers and scrip dividend vouchers (where shares received in lieu of whole or part of dividend). Details of all UK shares held
Foreign Income Interest received on any foreign accounts. Dividend vouchers from any foreign holdings, details of all foreign shares held. Amounts in sterling
Foreign employment payslips covering the tax year. Details & dates overseas
Any other received or remitted income from overseas.
Life insurance Policies Income from insurance policies or deceased persons estates.
Other Sources Documentary evidence of any other income or details of source, when it first arose, amount received and if tax deducted.
Capital Transactions
Shares and Securities Documentary evidence of any other income or details of source, when it first arose, amount received and if tax deducted.
Share Options Documentation for options granted or exercised.
Chargeable Assets Full details of the cost/sale proceeds for any other assets. Whether in the UK or overseas
Life Assurance Investment Bonds All relevant Certificates.
Outgoings
Professional Subs & allowances Subscriptions paid to professional bodies or trade associations. Any other allowances or deductions
Pensions Details of all payments to pensions including any statements.
Gift Aid Donations Details of payments made under the gift aid scheme.
EIS/SEIS & VCT Details of subscriptions to the Enterprise Investment Scheme or SEED EIS or Venture Capital Trust. Copy of any forms EIS3 received.
Inheritance Tax Details of all gifts made over £250 including name of recipient
Other reliefs and deductions
Qualifying maintenance paid to a former spouse or civil partner
Post-cessation expenses, pre-incorporation losses, losses on relevant discounted securities.
Are you in receipt of a Marriage Allowance Transfer?
Have you made a Marriage Allowance Transfer to a partner or spouse?

Fiscal Year 2017-2018

Hello,

Fiscal YearHere we are again. We are approaching the end of another tax year. The Chancellor of the Exchequer has shown the country his plans and now some of us may need to make some changes in order to adapt to the new lay of the land! Key inclusions in this update are:

  • Claiming Capital Allowances – Tax planning
  • Changes in Cash-basis Accounting
  • Using up ISA Allowances
  • Changes in Dividend Allowances
  • Changes in Wear & Tear Allowances
  • Financial tax relief for Residential Landlords
  • Moving tax into the digital age

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One of the first-ever accounting firms in the UK to accept Bitcoin payments

Together We Count: is one of the first-ever accounting firms in the United Kingdom to accept Bitcoin payments.

Until now, you would have to pay for service via bank transfer, credit card or PayPal. When it comes to Internet-related services, PayPal had the main role. Together We Count one of the first accounting firms in the UK which accepts your payments in Bitcoin or other cryptocurrencies. Furthermore, we promise you the safety of each transaction and so much more.

We are proud to introduce this new method of payment possibilities. There are still plenty of the clients who prefer PayPal, but the transaction fees are high. For example, you will pay 2.9% of the total fees plus an additional £0.30p per transaction. In addition, PayPal may increase their fees at any given time and they differ for all users. In some cases, even 5% fee is payable.

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Air Conditioning & VAT

Working with air conditioning units?

Are you a builder, electrician, Gas Safe installer, renewables engineer or a Ref.com registered installer, repairer or supplier of air conditioning units?  Did you know that air conditioning units are eligible for reduced rate VAT if they’re supplied for a qualifying use?  Here we will explain the basics of how the reduced rate of VAT could apply to you, your business and your customers!

The government is keen to encourage energy efficiency as part of the Climate Change Programme and the Kyoto Protocol. With residential properties accountable for a quarter of all energy emissions, the only way for the UK to meet its obligations under Kyoto is for the government to encourage the uptake of lower cost, energy-saving solutions, including air source heat pumps and other air conditioning and refrigeration units.  HMRC has decided that one way to help consumers make the right choice is to provide a tax incentive in the form of reduced VAT on modern air conditioning and refrigeration units, such as air source heat pumps to residential customers.

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Increase Your Focus On Customer Data

At Together We Count we often meet small business owners and sole-traders who are desperate to grow their business but don’t realise that, in many cases, they already have many of the correct tools at their disposal.

We all know that it’s cheaper to maintain a client than to catch a new one- in the Plumbing and Heating Installation industry it’s essential to retain your clients and use them to grow new business.

Big companies like Amazon, Google and Facebook use “big data” to target their sales to their customers and to maximise their profits. But what is big data? It’s a buzz word you might have heard in the news, but it’s just a phrase used to describe the collection of information about all aspects of client interaction to mine for patterns and trends and so focus and target marketing and customer service. You might associate big data with the internet and technology but small companies can use a database to mimic and replicate many big data functions, big data for small businesses.

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Reducing your VAT bill: Working with energy-saving materials

Are you a builder, plumber, renewables engineer or gas engineer or another installer of energy saving materials?  This article will help you understand the basics of how the reduced rate of VAT could apply to you, your business and your customers!

Many people aren’t aware that if they are installing energy-saving materials they may be reduced-rated for VAT purposes, even if the installation is granted funded!  However, this tax saving rule only applies to installations, not supply-  you must be putting in place energy-saving materials, usually by the means of permanently fixing them, (although loft installation can just be unrolled and positioned and still be considered installed) to charge the reduced rate.  If you’re only supplying the products, then they are charged at standard rate.  The installation must be in, or in the curtilage of, residential accommodation, for example:

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Why you should outsource your accounting, bookkeeping and payroll?

As one of Brighton’s leading outsource accountancy firms, we have seen a deluge of enquires from businesses seeking advice on a variety of accountancy issues. At ‘Together We Count’ our clients range from start-up businesses to large corporate firms, but why should businesses consider outsourcing their accounts or payroll?

Firstly, statistics have been recorded that the average small business owner will spend up to 25 per cent of their working hours managing paperwork. Whilst outsourcing may seem daunting, it can certainly free up time for you to do what you love, running your business. However, an accountant is not just there for your general tax returns or payroll. Accountancy firms such as our fully qualified staff at ‘Together We Count’ can also offer solutions and provide methods to free-up cash flow and give advice on saving money.

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