February 3. 2016
Plan ahead! Look forward and see where you are heading! Plan
for your taxes……
Let's get organised! Start a saving account or maybe a payment scheme with HMRC, prepare yourself for your final liability.
Don’t forget as well as income tax, Class 4 National Insurance also needs
paying and you should be planning and accruing for this too.
Always contact HMRC should you need to discuss your tax bill, don't stick your head in the sand. They may agree a payment plan which is a much better option than accruing interest on what you owe.
If
you’d like further advise on this or any accountancy matter please contact FBTC on
0344 984 2515.
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