Dear <<First Name>>,
Welcome to our December newsletter, which this month details the recent Autumn Statement, features the wonderful artistry of Diana Tonnison in our Client Spotlight and has a reminder of the key financial dates you need to know.
As the nation’s attention is now firmly focused on Christmas, we’re hearing that low interest rates and rising consumer confidence are set to lift economy-wide spending in the lead up to Christmas, according to Commonwealth Bank. This is backed by a recent report by Nationwide which revealed that the average Brit will spend almost half (44%) of their monthly salary on Christmas this year. This equates to a staggering £33 billion nationally.
Christmas and the end of a calendar year is also a good time to take stock of your business finances and check you’re on track. If you want to talk to us about we can help with this, please give us a call.
Call us on 01788 577 613 (Rugby) or 01908 564 701 (Stony Stratford) or just reply to this email to set-up a time to chat.
Article Spotlight: The Autumn Statement
On Wednesday 23 November the Chancellor Philip Hammond presented his first, and last, Autumn Statement along with the Spending Review.
His speech and the supporting documentation set out both tax and economic measures.
Our summary concentrates on the tax measures along with a reminder of other key tax developments which are to take place from April 2017.
You can read it in full here
Client Spotlight: Diana Tonnison Ceramics and Paintings
Diana Tonnison is an award-winning, professional ceramic artist and painter living and working in Buckinghamshire.
Diana has been working with Clifford Towers since setting up her business in 2007: "I would certainly recommend Clifford Towers for small businesses and those who find the whole accountancy and tax procedure a bit daunting!”.
Click here to read more about her unique work, her inspirations and her experience of working with one of the most influential fashion designers of the 70's London fashion scene.
Deadline Dates to Remember:
31 Dec – Companies House Accounts to be filed if your company year-end is 31 March 2016.
1st Jan – HMRC Corporation Tax payment due if your company year-end is 31 March 2016.
30 Dec – HMRC Self-assessment to include your repayment in the PAYE tax code for collection (when owe less than £3,000).