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Welcome to the Wilds Chartered Accountants Blog

Key facts from the Spring statement

A couple of things to be aware of from the Spring statement: NIICs going up if you earn over £50,000 in 2019/20, you could see a jump if your national insurance contributions due to the rise in the NIC upper earnings limit Running a company car is likely to...
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Making Tax Digital for VAT

The start date for this is now only 15 days away Below is a quick recap of the basic information you need to be aware of: MTD for VAT will start in April 2019. It will require businesses to a) keep records in a digital format and b) submit...
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Why do I need to sign a representation letter?

A letter of representation is a formal letter prepared by us and signed by a member of senior management. In the letter, management attests to the accuracy and completeness of the information provided to us for our analysis. If we are performing a review of your financial statements you...
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Contacting HMRC

If any of your employees need to contact HMRC the correct details for Income Tax, Pay As You Are Earn and Self Assessment are: HM Revenue and Customs BX9 1AS The telephone number is 03000 200 3300. They will need to have their National Insurance number to hand when...
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