AIMS Accountants for Business’ Post

The payments on account system can be hard to get your head around especially if new to being self employed or entering for the first time. Understanding the system fully helps to ensure late payment penalties are missed.

💡 Advance Tax vs. Self-Assessment Tax: Know the Key Differences! Confused about when to pay your taxes? Here's what you need to know: ✨ Advance Tax ✅ Paid during the financial year as income is earned. ✅ Paid in 4 instalments: June 15, Sept 15, Dec 15, March 15. ✅ Avoids interest under Sections 234B & 234C for late/short payments. ✨ Self-Assessment Tax ✅ Paid after the financial year ends but before filing returns. ✅ Settles remaining tax liability. ✅ Avoids interest under Section 234A for delayed filing of returns. 💼 Key Takeaway: Advance Tax helps manage taxes progressively, while Self-Assessment Tax settles final liabilities. Stay compliant and avoid penalties! 👉 Visit www.etaxmentor.com for expert guidance. Save this post for later! 🚀 #AdvanceTax #SelfAssessmentTax #TaxFiling #IncomeTax #TaxTips #eTaxMentor #TaxSeason2024

If you requested extra time to file your tax return, today is the final day to submit. Please ensure you have all your paperwork ready and complete your tax return to avoid any penalties. Need last-minute help? We're here to assist you in making the process as smooth and efficient as possible. Don’t wait any longer; reach out to us for expert guidance. Visit our website NOW for immediate support 👉🏼https://bit.ly/4aV8i4Y . . . #mnjfinancialmanagement #mandjfinancialmanagement #TaxStrategy #IRSAssistance #EducationCredit #LifetimeLearningCredit #FinancialAdvice #TaxExtensionDeadline #Taxes

If you requested extra time to file your tax return, today is the final day to submit. Please ensure you have all your paperwork ready and complete your tax return to avoid any penalties. Need last-minute help? We're here to assist you in making the process as smooth and efficient as possible. Don’t wait any longer; reach out to us for expert guidance. Visit our website NOW for immediate support 👉🏼https://bit.ly/4aV8i4Y . . . #mnjfinancialmanagement #mandjfinancialmanagement #TaxStrategy #IRSAssistance #EducationCredit #LifetimeLearningCredit #FinancialAdvice #TaxExtensionDeadline #Taxes

Sometimes getting clients to get their accounts in order is like pulling teeth! ➡️Filing your tax return now doesn’t mean you have to pay now. 💥The big advantage to getting this done is you can find out if you're owed money. 👍You can also start to budget to make sure your tax payments are ready. So, stop the pain of trying to get your accounts sorted in January and do it now! #taxreturn #tax #accountantdunstable #accountantbedfordshire

Sometimes getting clients to get their accounts in order is like pulling teeth! ➡️Filing your tax return now doesn’t mean you have to pay now. 💥The big advantage to getting this done is you can find out if you're owed money. 👍You can also start to budget to make sure your tax payments are ready. So, stop the pain of trying to get your accounts sorted in January and do it now! #taxreturn #tax #accountantdunstable #accountantbedfordshire

I'll keep it short and sweet, your taxes are due TODAY!⁣ ⁣ If you haven't filed (and you aren't going to before the end of the day), it's time to file an extension.⁣ ⁣ REMINDER: Filing an extension gives you more time to file your tax return, but it does NOT give you more time to pay your taxes owed for the year.⁣ ⁣ If you kept reading this caption even though you've already filed, pat yourself on the back and give this post a like anyway! 😉 ⁣ ⁣ #taxday #taxextension #fileextension #april15 #taxdeductions #taxcredit #2024Taxes #TaxProfessional #CertifiedTaxAdvisor #TaxExpert #CPA #TaxPreparer #businesstaxes #smallbizowner #wealth #millionaire #finance #tax #incometax #bookkeepingservice #financialfreedom #personalfinance #accountingservices #cpa #taxseason #taxplanning

Tax Tip Alert: Don’t Miss This Revision Opportunity! 🚨 Did you know you can revise your Income Tax Return (ITR) multiple times if you spot errors or missed deductions? But here’s the catch—you need to file all revisions by 31st December 2024 for FY 2023-24. ⏳ 💡 Why wait? Fix those mistakes now and stay stress-free! 👉 Visit taxinno.com for expert tax assistance or call 📞 9810876548 / 9315023197. ✅ Stay Compliant | Save Money | Avoid Penalties 🔗 Get personalized tax advice today! 📧 Email us at support@taxinno.com #TaxTipWednesday #RevisedITR #TaxSeason2024 #TaxCompliance #IncomeTaxFiling #SmallBusinessTax #TaxSavingTips #TaxResolution #StayUpdated #taxinno #TaxAdvisory #ITR2024 #FinancialFreedom

Did you recently receive an appraisal at work? 🤔 Curious about how much of it will end up going towards taxes? 📊 Don't fret! Our team at Tax Purpose is here to help you navigate through the numbers and ensure you're maximising your returns. 💼 Get in touch with our experts today to get the precise guidance you need! ✨ 🌐 https://lnkd.in/dTcAmm-E 📞 03 8806 1911 | 1800 TAX PUR 📧 info@taxpurpose.com.au #taxtips #financialplanning #moneytalk #taxhelp #financeadvice #taxseason #taxreturn #personalfinance #taxplanning #taxprep

📅 Important July Tax Deadline! 📅 Attention business owners! On the 31st July: Second payment on account for income tax is due! Make sure to submit your payment to stay compliant and avoid interest charges. Stay ahead of your tax obligations and avoid any last-minute rush! Need help understanding Payments on Account? Contact us below today 😎 📧 info@riverviewportfolio.co.uk 📞 01249 816810 💻 https://lnkd.in/d6S5SY-B #TaxDeadlines #BusinessTax #Accounting #TaxAdvice #RiverViewPortfolio #UKBusiness