Cherie Sayban CPA’s Post

Reminder: Urgent Action Needed for Outstanding Tax Returns Attention all self-employed clients: If you have any outstanding tax return information, please check your emails. A member of our team will have contacted you to request the necessary details – we need them as soon as possible! As we approach the busiest time of the year, providing your information promptly is crucial. This will help us ensure your tax return is submitted on time and avoid any late filing penalties from HMRC. Here’s what to do: 1️⃣ Check your inbox for our email and review the requested information. 2️⃣ Gather your income and expenditure records for the tax year. 3️⃣ Send the details to us promptly. Let’s get your tax return sorted together! #TaxReturn #SelfEmployed #TaxDeadline #TaxHelp #HMRC #Accountants

Business owners - do you put off doing your accounts to after the year end? Here's why that’s costing you a whole lot of money 👇🏻💸 1 - You have no idea how much your tax bill is going to cost you and it causes you stress and therefore affects your business.😣 2- It’s too late to change anything about it to save tax.✖️ 3- It’s already into the next tax year, so you can't do anything about it. ⏳ ✨With many of our clients we run their accounts on a monthly or quarterly basis. ✨They get monthly or quarterly corporation tax, personal tax and vat figures which allows them to put money aside and tax time is never an unknown factor in their business. This also helps them minimise tax and make positive changes in their business as problems arise🙌🏻 If you are interested in learning more about our monthly accounts service, get in touch to be added to our consultation call waiting list 📧📞📲 #taxtips #taxsaving #businessownertips #accounts #monthlyaccounts #accountingtips #taxplanning #ltdcompany #companytax #ukaccountancyfirm #workwithus #onlineaccountant

🚨 URGENT TAX REMINDER for Companies Incorporated in June 2023! ⏳ Deadline Alert: September 30th, 2024 ⏳ If your company was incorporated in June 2023, you need to act now! Your tax return for the period June to December 2023 is due soon. Avoid the rush and get ahead of the deadline! 💼 Key Points to Remember: 🔹This period covers 7 months of financial activity, so ensure every transaction is accurately reported. 🔹 Double-check your certificate with the FTA for any updates or new filing requirements. 🔹 Refer to "CTP003 - First Tax Period of juridical person.pdf" - First Tax Period of Juridical Person for detailed guidance and compliance. ⚠️ Why Compliance Matters: Penalties for late submissions can cost your business more than time! Stay proactive, compliant, and avoid any unnecessary headaches. 💡 Pro Tip: Having a solid tax strategy ensures smoother operations and better financial management. Let’s get it done right—on time, every time. 💪 #BusinessTax #ComplianceMatters #StayAhead #FTA #TaxDeadline #BusinessTips #SMBSuccess #FinanceManagement #Hashtagstartup

🚨 𝑹𝒆𝒎𝒊𝒏𝒅𝒆𝒓: 𝑳𝒂𝒔𝒕 𝑫𝒂𝒕𝒆 𝒕𝒐 𝑭𝒊𝒍𝒆 𝑻𝒂𝒙𝒆𝒔 𝒊𝒔 𝑺𝒆𝒑𝒕𝒆𝒎𝒃𝒆𝒓 30! 🚨 Don’t miss the deadline! September 30 is the last day to file your income tax returns. Avoid penalties and ensure compliance by getting your taxes filed on time. Now's the time to gather your documents, double-check your details, and make sure everything is in order. As a professional accountant, I’m here to help with any questions or concerns you might have. Let’s connect to ensure you meet the deadline with confidence. #TaxSeason2024 #TaxFilingTips #TaxDeadlineReminder #IncomeTaxReturn #TaxCompliance #FinancialPlanning #TaxPreparation #TaxExpert #TaxStrategy #TaxAdvice

Avoiding these common mistakes can help you navigate the tax audit process more effectively and reduce the risk of additional penalties or complications. If you are facing a tax audit and need expert guidance, contact The Gamblin Group. We can help you prepare, represent you during the audit, and ensure the best possible outcome. Go to this link https://bit.ly/48QtAPh for Tax Preparation Questionnaire Ready to crush your tax game? Call @thegamblingroup at (855) 825-0465 right away, or book an appointment on our website at www.thegamblingroup.com. #TaxFiling #DeadlineAlert #TheGamblinGroup #IRSReady #taxresolutionexperts #taxdebtsolutions #taxresolutionmadeeasy #taxresolutionhelp #taxresolutionexpert #fairtaxresolution #taxresolutiontips #taxresolutionadvice #taxresolutionplan #taxseason #business #loan #money #blackfemaleentrepreneurs #taxresolution #taxdebtrelief #taxproblemsolved #taxhelp #backtaxes #taxattorney #taxprofessional #taxconsultant

🚨 Avoid Costly Tax Filing Mistakes! 🚨 Filing an inaccurate or incomplete tax return can result in serious consequences: 🛑 Audits: Errors raise red flags with the IRS, increasing your chances of an audit. 💸 Penalties and Interest: Underreporting income or missing details could cost you more in fines and accrued interest. 🕒 Delays: Mistakes can hold up your refund or slow down issue resolution. ✔️ The Solution? Double-check your return or let a tax professional handle it for you! 📞 Need guidance for an accurate tax filing? Contact The Gamblin Group today for expert assistance that ensures compliance and helps you maximize your deductions. Let us protect your finances from unnecessary headaches! ✅ Go to this link https://bit.ly/48QtAPh for Tax Preparation Questionnaire Ready to crush your tax game? Call @thegamblingroup at (855) 825-0465 right away, or book an appointment on our website at www.thegamblingroup.com. #TaxFiling #DeadlineAlert #TheGamblinGroup #IRSReady #taxresolutionexperts #taxdebtsolutions #taxresolutionmadeeasy #taxresolutionhelp #taxresolutionexpert #fairtaxresolution #taxresolutiontips #taxresolutionadvice #taxresolutionplan #taxseason #business #loan #money #blackfemaleentrepreneurs #taxresolution #taxdebtrelief #taxproblemsolved #taxhelp #backtaxes #taxattorney #taxprofessional #taxconsultant

Don’t Miss the Self Assessment Deadline! ⏳ If you're required to file a Self Assessment tax return in the UK, the deadline for online filing is 31 January 2024. Missing this date can lead to unnecessary penalties, even if you don’t owe any tax. Here’s a quick breakdown of what happens if you file late: 📅 1 Day Late: £100 penalty 📆 3 Months Late: £10 per day (up to £900) 📆 6 Months Late: 5% of tax due or £300 (whichever is greater) 📆 12 Months Late: Another 5% of tax due or £300 🚨 Remember, interest is also charged on any unpaid tax, so it's best to avoid late filing and penalties altogether. Need help with your Self Assessment? 📩 Reach out today to ensure your tax return is filed accurately and on time! 📧 info@veritusconsultancy.com 📞 07878753368 #SelfAssessment #TaxDeadline #TaxPenalties #HMRC #Accounting #TaxServices #bookkeeping #ukaccounting #vat #paye #corporationtax #SME #ukbusiness #businessowners #selfemployed #ltdcompanies

🚨 The Importance of Timely Filing Your Income Tax Return (ITR) 🚨 As we approach the deadline for filing Income Tax Returns, it's crucial to understand the serious implications of non-compliance. I recently came across a case that underscores this importance vividly. 🔍 Case in Point: An assessee failed to file their ITR and ignored Show Cause Notices (SCNs) issued by the Income Tax Department. As a result, the department calculated the income of the assessee as ₹3.89 Crores and determined a tax liability of more than ₹6.15 Crores! They are now facing a demand of ₹6.15 Crores, MORE THAN THE INCOME! 🏦 📌 Key Takeaways: Avoid Penalties and Interest: Timely filing helps you avoid hefty penalties and interest charges. Accurate Income Calculation: Filing your ITR ensures your income is correctly calculated and taxed appropriately. Legal Implications: Ignoring departmental communications can lead to significant legal and financial consequences. Peace of Mind: Compliance with tax regulations ensures peace of mind and avoids unnecessary stress. 💡 Pro Tip: If you haven't filed your ITR yet, do it NOW! Seek professional help if needed to ensure all details are accurate and submitted on time. Let's make compliance a priority and avoid the pitfalls of non-filing. Share this post to spread awareness about the importance of filing ITR on time. #IncomeTax #ITR #TaxFiling #Compliance #TaxPlanning #Finance #TaxSeason

🔔 𝐁𝐮𝐝𝐠𝐞𝐭 2024 𝐔𝐩𝐝𝐚𝐭𝐞: 𝐂𝐡𝐚𝐧𝐠𝐞𝐬 𝐢𝐧 𝐓𝐃𝐒 𝐑𝐚𝐭𝐞𝐬 📊 The latest Budget 2024 has brought several key changes to the TDS (Tax Deducted at Source) rates that every taxpayer should be aware of. To help you navigate these updates, I've created a detailed chart outlining the new TDS rates along with their effective dates. Staying informed about these changes is essential for compliance and effective tax planning. Understanding the new TDS rates will help you manage your finances more efficiently and avoid any potential penalties. Feel free to reach out if you have any questions or need further assistance in understanding how these changes may affect your tax obligations. #Budget2024 #TDSRates #TaxUpdates #FinancialPlanning #Compliance #TaxAmendments #Finance #Taxation #CA #TaxProfessional #Accounting

Is Your Business Ready for a 𝐓𝐚𝐱 𝐀𝐮𝐝𝐢𝐭? Are your books of accounts prepared for the scrutiny of a Tax Audit? A #TaxAudit isn't just a formality; it's a detailed examination of your business or profession from an income tax viewpoint. It's designed to ensure that your #accounts are accurate, properly maintained, and ready for tax compliance. For #businesses with a turnover exceeding ₹1 crore or professionals earning over ₹50 lakh, it becomes mandatory to undergo this process. The purpose of a #TaxAudit goes beyond just filing your return. It uncovers discrepancies, ensures that tax laws are followed, and brings clarity to deductions like tax #depreciation. In the end, it’s about making the process of income #computation seamless, all while protecting your business from potential tax issues. Are your #financial records audit-ready, or is it time for a detailed check? Make sure you’re compliant and stay ahead of the curve. For professional guidance and personalized support, contact us at bhweshbhola@gmail.com #TaxAuditReady #BusinessCompliance #StayTaxCompliant #FinancialHealth #AuditPreparation #TaxLaws #TaxPlanning #IncomeTaxAudit #AuditChecklist #FinancialSuccess #BusinessGrowth #StayAhead #TaxSeason #BusinessFinance #ComplianceMatters