Be prepared for the tax return deadline
The deadline for returning your tax return is just over a month away – so if you haven’t started thinking about your business’ accounts, now is the time to do so.
A problem at HM Revenue and Customs meant that some people received their tax return paperwork late, so have an additional 30 days to return their form.
Missing the deadline can have repercussions including financial penalties so it is important to get your return completed and sent off well in time for the deadline.
Many people find that looking for accountants Manchester is a better solution than filing their own tax returns. If you use the services of fully qualified accountants Bolton for helping with your tax returns and other financial matters, you can be sure that everything will be correct and save yourself valuable time and money!
Liptrott and Woosey are a unique accountancy company, offering a range of services with your business’ best interests in mind. From corporate finance, to help with taxes to advice on cash flow, they can help you with all your financial needs and work hard to help all businesses achieve their full potential!
Perpetrating the PPI Scam
It doesn’t seem possible that banks, credit card companies and mortgage lenders are still perpetrating the PPI scam but they are. Unfortunately, many unsuspecting UK citizens are paying money every month that shouldn’t be tacked on to their existing loans. When taking a loan of any kind a lender will try to sell you Payment Protection Insurance under the guise that it will make payments should you lose your job, meet with redundancy or fall too ill to work. Sometimes this is a necessary addition to a loan but as many as two-thirds of the people in the UK who have taken out a loan in the past several years were mis-sold that PPI policy in the first place!
Sometimes lenders didn’t even bother to tell the person taking out a loan that they were charging for the insurance while other times they sold the policy to a person who didn’t even qualify for it in the first place. A good example of this would be when the lender knew full well that the consumer was too old to qualify for PPI cover but still tacked it on without disclosing this in the beginning. While efforts have been made to put an end to this practice many lenders are still perpetrating the PPI scam. Fortunately there is recourse which often entitles you to a PPI refund. Look over your loan documents carefully and if you feel that you have been a victim, contact a PPI claims specialist today.