Leave your details and we'll call you back

News

Cumbria Floods The Financial Side

As we write this, it has started raining again and we can only cross our fingers that our drenched rivers and drains will be able to cope with yet more water.

 

However, our short term priority now that we know our clients are safe and well, is to ensure that we help them as much as possible in the difficult time to come.

 

So, whilst we may not be the best to help with the repairs now needed (although David Plaskett is a mean tiler, given the opportunity) please bear in mind that we can help with, for example:

 

- Reports for loss adjusters

- Valuation of lost stock

- Loss of profit/income calculations

 

Then there are the upcoming deadlines for tax and accounts.

 

Many limited companies have submission deadlines of either 31 December or 31 January. As ever, it is better to contact H M Revenue & Customs and Companies House sooner rather than later. If papers have been destroyed or inaccessible, then please let us know so that we can start contacting the appropriate people to ensure that, on top of everything else, you are not deluged (pun intended!) with threatening letters from government bodies.

 

31 January is also the all important deadline for submission of your personal tax returns to H M Revenue & Customs. Our Tax Team have been requesting the appropriate information for a number of months now so please do not ignore the correspondence. Let us know the situation so we can contact H M Revenue & Customs as soon as possible to let them know the position.

 

We are particularly concerned about the payment of tax that companies and individuals are now facing in January and February. It will be possible to reduce payments on account for individuals and partners if their current year profits will be affected, and otherwise we can arrange instalment arrangements with H M Revenue & Customs.

 

We are very pleased to see that H M Revenue & Customs has opened a dedicated helpline for those affected by the events of the weekend - 0800 904 7900. However, as yet it is not clear whether they will insist on direct debit arrangements (in line with a policy introduced in August 2015) or will accept more fluid (another pun this time not intended) plans.

 

And now VAT. Anybody with a VAT quarter of 30 November has to submit the return and pay the VAT by the middle of January. Again we can help perhaps with actually submitting the return if your broadband is down, or contacting the VAT Office to discuss the cancelling of late submission penalties in the unprecedented circumstances.

 

Lastly, the Cumbria Business Growth Hub has published a very useful checklist of things to think about and do in these circumstances. The list can be accessed at:

 

http://www.cumbriagrowthhub.co.uk/news/article/december-floods

 

Please contact us as needed at any of our offices:

 

 

Gosforth                      019467 25808

Whitehaven                01946 692423

Workington                 01900 603623

News Archive

It's good to know that robinson+co fully understand the issues facing our industry.

Tyson H Burridge, Tyson H Burridge Ltd

After over two decades of outstanding service to my company, robinson+co continue to evolve as my own business has.

Mike Graham, G&M Supplies Ltd

When I became self employed, getting reliable personal and professional financial advice and accountancy help was so important. I have been fortunate to have had such good service from robinson+co over the last five years.

Alison Harker, Wigton

We would like to thank robinson+co for their outstanding service they provide us in dealing with our PAYE and CIS.We find that they are very professional and understanding to our needs.

Carole & Brian Atkinson, B&C Atkinson Ltd

We can't thank Christine Smith enough for all her patience and help in keeping us straight with our payroll etc., and not to forget Tracey Kennett for all our Sage help.

Modern Homes, Workington

robinson+co have acted as accountants for both me and my Limited Company for a number of years, and are without doubt the most reliable, professional and cost effective firm I have ever used.

Paul Blamire - Everhaven Data Solutions Limited

robinson+co is registered to carry on audit work in the UK and Ireland and regulated for a range of investment business activities by the Institute of Chartered Accountants in England and Wales.

robinson+co is a trading name of robinson+co (Gosforth) Limited registered in England & Wales 08088245. Registered office Oxford Chambers, New Oxford Street, Workington CA14 2LR. Regulated by the Institute of Chartered Accountants in England & Wales for a range of investment business activities.
robinson+co Financial Services Limited is registered in England & Wales 07272147. Registered office Oxford Chambers, New Oxford Street, Workington CA14 2LR. Authorised and regulated by the Financial Conduct Authority firm number 597189.

Professional indemnity insurance

The firm's professional indemnity insurance policy is provided by Liberty who may be contacted via Bluefin Professions at Castlemead, Lower Castle Street, Bristol BS1 3AG. The policy applies to claims wherever made outside the United States or Canada, based on acts, errors or omissions occurring anywhere in the world.

robinson+co Financial Services Limited's policy is provided by Collegiate Management Services Limited and can also be contacted via Bluefin Professions.

© 2012 accountancy@robinsonco.co.uk : Web Design & CMS by Fatmedia