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What Happens if you Can’t Pay your Tax on Time? As January approaches, some tips from Jones Harris Accountants about being prepared for tax bills - and what to do if you can't pay on time.



What Happens if you Can’t Pay your Tax on Time?

Tax due to HMRC on 31 July

If you're self employed and pay Self Assessment tax, you'll know that you pay what you owe PLUS a payment on account for the year to come.

This second payment on account is based on 50% of your combined Self Assessment tax and Class 4 NIC liability for the current year.

If you have trouble meeting the payment on account, you'll want to know what the consequences might be.

Let’s take a look at penalties. The trigger dates for penalties are 30 days, 6 months and 12 months after the tax became due for payment. On each of these trigger dates you will be charged a 5% penalty based on the amount of tax outstanding. The current interest charge on unpaid tax is 2.75%.

If you didn't pay on time, we recommend a two-pronged approach:

- Firstly, make a realistic estimate of when you can settle amounts due. This may be instalments or payment in full at a time after the due date.

- Secondly, call HMRC’s Business Payment Support Service on 0300 200 3835, and agree an extended payment scheme with them. Generally speaking, they will agree as long as your suggested scheme clears any outstanding liability before your next liabilities become due for payment. They will also exhort you to gather funds such that you can settle future tax on the due dates.

What is inadvisable, is to bury your head in the sand and wait for the brown envelopes, telephone calls and debt collectors at your front door. Call the help line now and keep to your agreed settlement plan.

Here's a tax tip: save a portion of money each month into a separate bank account and use that to pay your tax bills. How you save is up to you - you could apportion a percentage from each invoice which is paid, or save a percentage of that months profit. Either way you'll have a substantial amount towards your tax demand. If you 'oversave' each month you'll have a nice little bonus at the year end too!

Here at Jones Harris our office systems enable us to complete annual accounts quickly and therefore we are able to provide calculations of how much tax our clients will be required to pay in a timely manner, giving them time to be allocate the money.

If you aren’t already a client and you’re struggling with any aspect of your annual accounts – be that their completion or the timescale in which it is done – then by all means get in touch on 01253 874255 for a no-obligation chat about how we can make things better for you.


Sponsoring Sustainability

Jones Harris were delighted to sponsor the Sustainable Tourism Award at this year’s Lancashire Tourism Awards.

Lancashire Tourism Awards

Jones Harris has a track record in the tourism sector spanning more than 40 years. In fact as the only CAA-registered ATOL auditor in Lancashire we’re delighted to be associated with the Lancashire Tourism Awards.

We provide cost-effective accountancy services to many of the county’s best known hotels, guest houses, restaurants, caravan parks, garden centres, tourist attractions and more, helping Lancashire’s tourism and leisure businesses to thrive.

As we ourselves operate a paperless office and have taken steps to operate our offices in Fleetwood in a more environmentally friendly way, it made sense that we should opt for this particular category. It’s designed to showcase applicants who can demonstrate excellence and commitment to sustainability best practice within their business.

Director Martin Wigley says ‘The Sustainability Award will be looking at businesses for their breadth of expertise and practical application. It looks at what they’ve already achieved, how they integrate sustainability into daily operations, how engaged they are in sharing the sustainability message and what their plans are for the future.”

Martin added “We have some excellent tourism businesses in Lancashire and we’re looking forward to the judging process, being involved in this year’s awards and working with Marketing Lancashire.”


Uniforms, Work Clothing and Tools


Did you know that it's possible to claim for the cost of repairing or replacing small tools you need to do your job as an employee (for example, scissors or an electric drill), or cleaning, repairing or replacing specialist clothing (for example, a uniform or safety boots).

If you need to buy other equipment to use in your employment, you can claim capital allowances instead. A capital allowance is an agreed percentage of the cost of the equipment, that can be deducted from your taxable income. In most cases, this sort of claim should enable you to write off the full cost of any qualifying expenditure made.

What you can claim

- You can claim for the amount you have spent, or a ‘flat rate deduction’.

- If you are claiming for the amount you have spent you will need to keep a receipt.

- Flat rate deductions are fixed amounts that HM Revenue and Customs has agreed are typically spent each year by employees in different occupations. They range from £60 to £140 depending on listed occupations.

- If your occupation isn’t listed, you may still be able to claim a standard annual amount of £60 in tax relief.

- You don’t need to keep records of what you’ve paid for if you claim a flat rate deduction.

If your business employs people who need to spend small amounts of money throughout the year in the course of doing their work, it would be worth you making sure that they are aware that they can claim this deduction. If you need any advice then by all means get in touch with us here at Jones Harris for a no-obligation chat.


Important Reporting Changes Ahead for Company Owners

PSC reporting changes ahead

If you have bought a house, opened a bank account, or indeed done anything of an official nature which includes a financial transaction, you’ll be aware that it’s a legal requirement that checks on your identity are carried out, as part of money laundering regulations and prevention of identity fraud.

From June 2017 even more changes will be introduced which are designed to further tighten up and prevent money laundering and terrorist financing – these changes are around who owns and controls companies in the UK.

People with Significant Control of companies (PSCs) will now be required to inform Companies House about any changes in their circumstances pretty much immediately, instead of annually.

This is a significant change and so it’s important that all businesses understand their reporting responsibilities and either file the change themselves or notify us at Jones Harris/their accountant straight away. 

Changes which should be notified include changes of address and changes to percentage shareholdings, amongst others.

The new legislation means that you should report changes in PSCs to Companies House within 28 days of any change (from 26 June 2017). You will have 14 days to update your register and another 14 days to submit the information to Companies House.

We have now submitted most clients’ first CS01 forms without them even knowing, but these timescales are quite tight and we must stress the need for clients to communicate any changes in their circumstances as soon as possible. If you are a Jones Harris client we will do the rest for you.

Get the latest updates

Make sure that you’re following our website and sign up for the Jones Harris enewsletter here

Don’t forget we’re also on Twitter @JHAccountants and you can follow our LinkedIn business page, Jones Harris Accountants


Making Tax Digital

It was intended that, from April 2019 all businesses, including landlords, with turnover over £10,000 a year would be required to submit summarised accounts to HMRC, online every three months. 
With the announcement of a General Election this quick implementation has been dropped - but you can rest assured that it will still come into force later if not sooner - and it will pay you to get organised and start making small changes to your systems now, so that you are ready when the time comes. 
Making Tax Digital
For the thousands of small businesses who are the backbone of the UK economy this will be a big change. 'Making Tax Digital' has been described as the most significant change since the introduction of Self Assessment almost twenty years ago.
It means that you need to keep your books up to date throughout the year - there'll be no more panicking your way through a carrier bag full of receipts at the end of the year. It might mean that you need a smarter, easier way of keeping your books - for example by using an accountancy software package. 
If you've been completing and submitting your own tax returns but considering using the services of an accountant, now might be the time to do something and then the quarterly returns can be submitted on your behalf. 

Help is at Hand

Here at Jones Harris we have been closely following the development of this new legal requirement and are in the process of adapting our systems to allow a smooth transition. You can rest assured that we will be doing everything that we can to help and assist our clients in the run up to the introduction and we will be talking to everyone who will be affected before the relevant dates.

If you aren't already a client and would like to talk to us about how we can help you with your bookkeeping and accounts please get in touch with us for a no obligation chat. 

We can offer you a complete, end to end service which includes a competitively priced bookkeeping service, the preparation of year end accounts and tax returns, and Making Tax Digital returns when they are required. Then you can spend your time working on your business rather than in your business.

Just ring 01253 874255 (and please mention that you saw it here, thanks!)


Buy to Let Property Owners – Tax Changes Ahead

Do you own property that you rent out? Have you borrowed money to buy property - expecting that the rental income will cover the cost of borrowing? Then you need to read this article NOW.

Houses to rent

Property business owners, particularly buy-to-let landlords, have been hit with a number of quite dramatic changes in their tax status.

One of the biggest problems to many landlords who have borrowed against rental income is the gradual disallowance of tax relief for finance payments that starts this April.

Biggest Impact on Borrowers

The changes in tax relief will have the most impact on landlords who have borrowed heavily to grow their property portfolio, with a possible two-fold, and negative impact on their property business.

Firstly, if their present claims for mortgage interest and other finance charges are reducing the amount of higher rate tax they are required to pay, once the present changes are fully implemented by 2020, tax bills will increase as tax relief will be limited to the basic rate.

Secondly, if their present claims for mortgage interest and other finance charges are reducing their taxable property income, such that they pay no higher rate tax, when these charges are disallowed their taxable income will increase – possibly into the higher rate bands –  and for the first time they may become higher rate tax payers. They will still get some relief for finance charges paid but only at the basic rate.

In both cases, the amount of cash generated, after tax, will reduce. If landlord’s occupancy rates fall, the loss of cash flow will be exaggerated by increased tax bills and investors may face tough choices.

To Fail to Plan is to Plan to Fail…

Planning is absolutely key. If you feel you may be affected, and have not taken professional advice so far, please get in touch with us here at Jones Harris for a no-obligation chat.

We would be delighted to both quantify the effects on your property business cash flow and to offer strategic ideas to minimise the downside consequences.

Burying your head in the sand won’t make this particular issue go away…


Impact of Local Bank Closures

The world is changing – and things that we used to do in ‘real life’ are now often done on the internet – like shopping and banking – but what difference does a loss of the high street bank make?

Cleveleys Town Centre

Well to an ordinary member of the public who is internet savvy probably not much. You can get your cash from a cash-point or at the supermarket checkout and check your balance online and even on a phone. Older people who aren’t internet savvy will obviously struggle with the closures, and unfortunately the elderly will probably be the hardest hit.

Local Bank Closures

However, as accountants and business advisors, here at Jones Harris we’re concerned with the impact of the closure of high street banks on your business – especially following the announcement that NatWest in Fleetwood, Yorkshire Bank and Yorkshire Building Society in Cleveleys and HSBC in Blackpool and Lytham are all set to close at various points during 2017.

So what can you do?

Use the internet. If you haven’t already done so, sign up for online banking. It sounds obvious, but fears of internet safety might have put you off, or structural protocols regarding who in the organisation has access to the business account. These are all issues which can be solved – don’t forget it you need any specialist advice about IT or organisational management, Jones Harris can link you up with our network of trusted professionals.

Ask customers to pay by BACS. Where you are trading with other businesses, request that they pay you by bank transfer. That way you reduce the number of cheques which your business receives and therefore the number of trips to a bank branch.

Cash Banking. This is a more difficult one. If you’re the owner of a retail business or your customers pay you in cash, you’ve not got much choice about paying it into the bank.

It might be time to invest in a good safe and a good cash-in-transit bag so that you make fewer trips to the bank with more money. Could you also recruit the assistance of a strong person to accompany you and act as a bodyguard?! Joking apart, you should always be careful about carrying cash to a bank and consider the safety of your employees in this circumstance. If you trade in large amounts of cash it might be worth considering a cash transit service.

Or, if you do have a high cash turnover, you might consider using it in different ways, for example making payments with it, or you could even look at a scheme to put a cash machine in your shop or public place, in which case the cash from your shop would be used to fill it.

Using other banks. For a member of the public, swapping banks might be a good short term solution to a branch closure – but for a business it’s just not that simple.

Local Post Office Counter

You could, however, use the services of the local Post Office – there’s still one in most towns.

The Post Office website states that “You can access your high street bank account at one of our 11,500 branches.” You can withdraw and deposit from the counter or cash machine free of charge. More information about Post Office branch banking services here

Don’t forget, if you’d like our opinion or advice on any of these areas, you’re always very welcome to get in touch with us here at Jones Harris for a no-obligation chat.

Get the latest updates

Make sure that you’re following our website and sign up for the Jones Harris enewsletter here

Don’t forget we’re also on Twitter @JHAccountants and you can follow our LinkedIn business page, Jones Harris Accountants


The Cost of Fuel for Private Mileage

Because tax on private fuel provided with company cars is so high, many employers now have an arrangement whereby they no longer pay for private fuel.

If this is the case for you, you must pay back your employer for any private fuel which they pay for as part of your fuel bills - or face a tax charge (which could be quite hefty).

Fuel for private mileage

Consider the following example - even if you don't follow how it's calculated, note the final payment at the end!

If your private mileage is currently 560 miles a month, and you drive a 1900cc diesel engine car, the rate per mile to cover fuel charges, as quoted in the latest rates published by HMRC, is 11p per mile. Accordingly, you should repay £61.60 a month to your employer.

Based on the above example, if the vehicle’s list price when new was £25,000, and the car benefit charge rate was 26% (based on a 130g/km CO2 rating) the benefit in kind charge for the year would be £6,500.

With no repayment of private fuel, there would also be a £5,772 car fuel charge.

Both these amounts would be added to your taxable income for the year. If you were a higher rate tax payer the car fuel charge would cost you £2,308.80 a year in additional tax (£5,772 x 40%). This amounts to £192.40 per month.

If your actual private mileage proved, on average, to be 560 miles a month, you would therefore save £130.80 per month (£192.40 - £61.60) by repaying the cost of your private mileage.

You'll definitely need a calculator to work it out (or an accountant) but it is worth crunching the numbers.

Obviously, the lower your private mileage, the more likely a repayment system will save you money, but you will need to take action before the 5 April 2017.

If you'd like some advice about your own circumstances - whether that's as an employee or an employer - then by all means get in touch with us here at Jones Harris for a no-obligation chat.


Salary Sacrifice Schemes Set for the Chop

Changes are ahead to various benefit schemes - take action if you think you could be affected.

Changes to mobile phone and other expenses

'Salary sacrifice' is a term applied to benefits taken in place of salary. In many respects these benefits provide you with a higher “take home” value than if the benefits were treated the same as cash income. The government are planning to curb this practice in the expectation that it will add £1bn a year to tax revenues by 2020.

No definitive list has been published yet of which benefits will be affected, but it's expected to affect:

- Mobile phones and tablets
- Car parking
- Gym membership, and possibly
- Health check-ups 

There are a number of benefits that will not be affected by these changes. They are:

- Pensions
- Child care
- Cycle to work schemes
- Ultra-low emission cars (CO2 emissions up to 75g/km) 

Benefits which were in place before April 2017 will be protected for 1 year, and arrangements in place before April 2017 for cars, accommodation and school fees will be protected for up to 4 years.

For those who contribute towards or make-good their benefits to reduce the taxable amounts, they will have until the 6 July after the tax year to do so – starting 6 July 2017. This only applies to benefits not already taxed as income through payroll.

If you are concerned that you will be affected by these changes, you should consider a review of your salary sacrifice/benefits arrangements prior to the April 2017 cut-off date.

If you are in receipt of this type of benefit and think you might be penalised when the changes come into force, Jones Harris recommends that you should check with your employer now about what the impact might be. If you've got a business and you give your employees this kind of benefit and you'd like some advice about how to continue to offer them the facility in the most tax efficient way, then by all means get in touch with us here at Jones Harris for a no-obligation chat.


When is a Hobby a Taxable Trade?

How to work out whether your hobby is in fact a business which generates taxable income

Car Boot Sale

Many people have hobbies like car-booting, or crafting, or buying and selling on eBay - often you start out by attending events and then catch the bug and join in by making and doing things which could earn you a bit of extra cash. 

It's surprising how much this all can add up, especially if you are particularly good at it - you might have a fantastic eye for a bargain and a knack for making money!

At some point though, if you have got that knack for turning base metal into gold, your hobby will pass over the line from a 'bit of pin money' into a regular source of income and being classed as a 'trade' - which you should be declaring to HMRC and paying tax on. 

How do you know when you're running a business?

HMRC follows the guidelines below called “the badges of trade” which helps them to decide whether you're running a part-time hobby that creates an income stream, or a business that needs to be declared on an annual tax return:

1. An intention to make a profit supports trading, but by itself is not conclusive.

2. Is the asset of such a type or amount that it can only be turned to advantage by a sale? Or did it yield an income or give ‘pride of possession’, for example, a picture for personal enjoyment?

3. Transactions that are similar to those of an existing trade may themselves be trading.

4. Was the asset repaired, modified or improved to make it more easily saleable or saleable at a greater profit?

5. Was the asset sold in a way that was typical of trading organisations? Or, did it have to be sold to raise cash for an emergency?

6. Was money borrowed to buy the asset? Could the funds only be repaid by selling the asset?

7. Assets that are the subject of trade will normally, but not always, be sold quickly. If the intention is to resell an item shortly after purchase that's trading. Or if you're going to keep it indefinitely, it's much less likely.

8. An asset that is acquired by inheritance, or as a gift, is less likely to be the subject of trade.

These are some of the ways in which HMRC will decide whether or not you are running a business or passing your time on a Sunday.

One thing that will probably help you to decide whether your income should be declared is to know that from April 2017, the government is to introduce a new £1,000 allowance for property income and a £1,000 allowance for trading income.

If you've got property/rental income or your 'hobby' earns you an income below £1,000 you will no longer need to declare or pay tax on that income.

If your income is over £1000 then you do need to declare it. Don't forget that your income is the amount of profit which you've made, so take off all your expenses and the cost of buying things which you then sell to find out just how much money you've made. 

If you'd like some advice just get in touch with us here at Jones Harris for a no-obligation chat. We help all kinds of individuals and businesses large and small with their accounts and financial queries, and we're sure to be able to help you.


Tax and your Home

Do you use your home to make money? For example renting a room, or do you work from home? Have a look at what you can do tax free - and what you have to pay tax on.

Tax and your home

If you use your home for business purposes, rent out parts of it while you live there or if you rent out your home while you live elsewhere, there might be tax consequences that you're best knowing about before you put your plans into action.

Use of home for business purposes

If the amount of space you use is limited to say one room, and if there is a duality of use (for example you may have a home office in the corner of a spare bedroom or your office may double as a hobbies room), then you should be able to charge your business a nominal amount to cover the “running costs” of the space occupied. You need to restrict your claim to so many hours a day, to allow for the dual use of the room.

If you've got this kind of circumstance it shouldn't cause you any personal tax issues as long as you make a realistic claim for costs and make a discount for private use.

It will also be unlikely that you will have to pay any Capital Gains Tax when you sell your home.

Renting a room

From 6 April 2016, you can let out a room or rooms in your house as furnished accommodation (not an office) and as long as the yearly rent that you receive doesn't exceed £7,500 per year (prior to 6 April 2016 the annual limit was £4,250) you won't have to pay Income Tax. If the rent is more than the limit, then only the excess is taxable. 

If two people are entitled to share the rental income, these annual tax-free limits are halved.

Longer term lets when you're not in residence

If you let out your home, for example if you work abroad for a period of time, you will have to pay Income Tax on your rental profits.

When you subsequently sell your home you might also have to pay Capital Gains Tax. When you sell, a proportion of any gain that relates to the period (or periods) of letting may be taxable.

However, provided the property was your home at some time, you can claim reliefs, including principal private residence relief for the time it was your main residence, plus the last 18 months of ownership. Also, there may be some “lettings relief” relating to periods your home was let as above.

Homeowners’ private residence relief (for CGT purposes) is worth protecting. If you are considering any financial transaction concerning your home that you are concerned may have Income Tax of CGT implications, please get in touch with us here at Jones Harris.

It's always better to sound out professional advice before the event… whatever the nature of your query we're always happy to talk to you first.


A Minute with your Tax Code

We've published articles before, advising that people should check that their tax codes are correct, and with the revelation that around 3.2m are incorrect, you can see how it really could be you.

Tax Codes

A report from the National Audit Office revealed that between April 14 and October 2015, 3.2m people were issued with an incorrect tax code – which a minute or two of checking could pick up. Some of these inaccuracies will mean that people have a nice surprise ahead in the form of a refund. However, if you are in the ‘nasty shock’ category after having paid too little tax, it’s best to know about it sooner rather than later and reduce the size of the back payment…

Don’t think you’ll get away with it if you owe HMRC money through a mistake which they’ve made in your tax code as it’s your legal responsibility to make sure that you pay the right amount of tax. If you owe them less than £50 they may write it off. An amount of less than £3000 would be collected via your pay packet with a tax code adjustment. If you are one of the really unlucky ones (or have had your head in the sand for a very long time) and you owe HMRC more than £3000 you should ask for a repayment plan.

Where you or your employees rarely change jobs and have steady personal circumstances, the tax code will tick along from year to year, requiring little more than a cursory glance to make sure that the figures are consistent.

However, errors can be common when people change jobs or maybe do more than one job, after retirement if some employment continues or where a personal pension is received, if there are other personal circumstances where additional payments are collected through your tax code, or even if someone has just typed in the wrong figures.

If you operate a payroll department, the accuracy of the deductions which you make are based on the accuracy of the employees tax code - so while you will have knowledge about who is in receipt of work based benefits like company cars, it's also important that they check other aspects of their code which you wouldn't have knowledge about. Otherwise, small errors in the digits of the tax code can lead to significant errors in the money which they pay.

The Money Saving Expert website has a free, handy online tax code checker which gives you an overview of whether your tax code is likely to be right for your age, earnings and personal circumstances. It’s worth having a look at your own, and sending out a reminder to employees to have a look at theirs.

One final word on our favourite subject about scams – HMRC will never send you an email to say that you are due a tax rebate, so any which you do receive will be a scam. Normal rules apply – whatever you do, don’t click on any attachments or links, and under no circumstances send a reply or any personal details.

Here at Jones Harris we like to make sure that you are kept up to speed with different kinds of business and financial advice. If you aren’t already a client and you've got a business, or maybe you are retired but have complicated financial affairs, in which case why don't you get in touch for a no-obligation chat?


Cyber crime is now the biggest form of crime in the UK.

How to check if you've fallen foul of data breaches, with advice from Jones Harris Accountants.


We could write an article about online fraud every week, as an astonishing variety of scams and downright horrible offences are reported daily. It’s not surprising, as cyber-crime is now the biggest source of crime in the UK with 6 million people affected last year alone – that’s one in 10 of us.

However, in the same way that you would instinctively try to protect yourself and your business in real life, some basic, sensible steps will help you to avoid being the next easy target on the internet.

You can start by looking to see if you’ve been exposed to one of the data breaches that are reported from time to time. Even though large companies spend huge fortunes on data security sometimes it’s just not enough, and some of the biggest names have been targeted, including LinkedIn.

Go to the HaveIBeenPwned website and enter the email address that you use to log in with.

The site has been checked out by Money Saving Expert and Troy Hunt, the chap who set the site up, has been recognised by Microsoft for his work.

It won't tell you everywhere that your data might have been stolen from, but it's another stark reminder that we all need to be vigilant and remain as aware and safe online as we would do in real life. You wouldn't open your door and invite someone dodgy in, so don't do the equivalent online.

If your email address has been compromised, you should:

1. Change your passwords

It's standard practice to use different passwords on different accounts and to change them every so often. DON'T use the same one for everything - use a system that works for you to keep track of which password is for which site. If you think that your own password security is lax you should read up about it on the internet and/or take further advice to keep yourself safe.

2. If your financial details have been exposed, check for fraud

Check all of your bank statements regularly and ensure that you recognise all of the transactions on there. It's a good habit to get into - you can get statements with online banking, from the cash-point, in the bank or through the post.

3. Watch out for Spam emails

The general rule of thumb is to be suspicious and if something arrives in your inbox with attachments or links, just don't click on them. Always make sure that you've got up to date anti-virus software on all of your computers too. If in doubt, take the advice of an expert.

4. Never disclose details

If you are contacted by telephone or email by people requesting your bank details or passwords never give them out without rigorously checking first. It's a known ruse that in the wake of data breaches that scammers will do this.

Remember the rule: you'd never cough up your password to someone who knocked on the door and asked for it, so don't do it online/on the phone.

The Money Saving Expert website is full of useful information and tips if you want to read up on scams, data security and sensible tips. You can also read more about the HaveIBeenPwned website.

If you're an individual and would like some help with internet security you could pop into your local library for some help and advice. They have volunteers on hand who can give you assistance. 

If you're also running a business you might want to have a chat with our nice people here at Jones Harris. We appreciate that you have to be an expert at so many things when you’re running a small business - and that there aren't enough hours in a day for the amount of multi-tasking that you have to do.

That’s why we share a broad range of business information through our website and newsletter, and we can always provide more detailed advice or sign post you to a specialist for further support in any particular area. Just get in touch for a no-obligation chat.

Get the latest updates

Make sure that you're following our website and sign up for the Jones Harris enewsletter here

Don't forget we're also on Twitter @JHAccountants and you can follow our LinkedIn business page, Jones Harris Accountants


Have you got an Old Pension Pot?

Have you got some money stowed away in a pension that you've lost track of?


Here's another top financial tip from the repository of useful information at Jones Harris - a quick search which could make you that little bit richer in old age.

It's estimated that four out of five people have lost track of at least one pension pot - at that rate it could very well be you!

According to the Department for Work and Pensions (DWP) there's a good £400 MILLION floating about in unclaimed pensions and the new Pension Tracing Service enables you to track down your share of it reasonably easily.

Previously, if you wanted to check, it was a more complicated system that involved completing and submitting paperwork and then a wait for a reply. The new system lets you track down the administrators of your lost pensions online and immediately points you in the right direction of what to do next. Although it won't tell you whether you do have a pension or its value, it will tell you who to check with.

There are full details of the service and how to use it on the Pension Tracing Service


Did you really start a business because you wanted to keep accounts?

If the answer to that question is yes, your business has to be either in bookkeeping or accountancy!

Bookkeeping help from Jones Harris Accountants

However, if yours is one of the 4.1 million UK businesses which don’t employ people it’s likely that you started a business for freedom, flexibility, the ability to float your own boat, do things your way, work around the kids/granny/dog… but not to sit for hours on end each week, keeping accounts and doing paperwork!

Whether you want your business to grow at the speed of light, or whether you just want to earn enough to live, good bookkeeping and accounts are vital to making sure that you are actually on the right path and making a profit for your efforts.

Not only does good paperwork enable you to complete your year-end returns to the tax man efficiently, accurately and without penalty, it also allows you to follow and understand the health of your business, flagging up any timely adjustments to products/pricing/procedures which you need to make.

How much is your time worth?

You should know how much your time is worth when it comes to working out how much to charge your customers. Have you ever looked at how much time it takes you to do your books and worked out how much your time is costing you?

How much would you be willing to pay to release the time you spend doing your bookkeeping to get your evenings or weekends back? Or how much more could you earn if they were able to use the time released to concentrate on the parts of your business which generates income?

As much or as little help as you need

Here at Jones Harris we can provide a seamless bookkeeping-service from receipt to tax return and everything else in between.

How much support you choose to access is entirely up to you - with cloud based software that our bookkeepers are now using, you can still keep abreast of your bank balances, who you owe money to – and perhaps more importantly who owes money to you!

We can also remove the stress of VAT returns and payroll, all carried out under one roof with named individuals to speak to who are familiar with your business. It’s likely that you haven’t had such detailed information before, and it could make a significant difference to the health of your business.

Not as expensive as you might think

With online cloud based software starting from as little as £10 a month, and our Sole Trader Compliance service from just £35 a month (which includes calculating and submitting your self-assessment tax return) you’ll get the experience and ability of a large firm of accountants from Jones Harris without paying an eye watering price. And you can pay by monthly direct debit too and spread the cost.

Why don’t you get in touch for a no-obligation chat about Jones Harris could help your business? (If you do, please mention that you saw it on this website!)


Child Tax Credits – Register or Lose Out

Are you one of the million people who could be claiming working or child tax credit but aren't?

Register for Child Tax Credits

You might have heard about Universal Credit which has already been phased in for single, unemployed people, but with thresholds much higher than you might have expected, you're being advised to act NOW to investigate whether you would be eligible for working or child tax credits – before universal credit is phased in for everyone else.

Universal credit will be paid to all benefit claimants by June 2018 and will replace all existing forms of social security including working and child tax credit.

More than a million people in England are currently eligible for it but aren’t currently claiming – you should check now and apply now if you think you might be eligible, or risk losing out when universal credit does come into force.

Why Should You Claim Now?

Well for a start if you are entitled to the money you should claim it.

If you are claiming working or child tax credit when the new universal credit is fully introduced, ‘transitional protection’ means that you will stay on that rate until your circumstances change, so you won't be worse off.

However, if your universal credit turns out to be higher you will move to the higher payment and be better off, so it is a win-win situation.

The only way to lose is to make your initial claim AFTER universal payments have been introduced, and then you'll get whatever the new system says you should get.

Who Might be Eligible?

More than a million people in England are currently eligible for working or child tax credits but aren't currently claiming them. Including:

- Parents with household income up to £47,000 or £73,000 if you're paying for childcare for four children.

- A working couple with household income under £18,000 even without children

- Single people without children and earning less than £13,000 a year

There's a full explanation on the Money Saving Expert Website here, along with a calculator so that you can work out whether you are entitled to claim. There’s a whole raft of factors which affect whether or not you are entitled to claim, so you do need to check with the online calculator before you apply.

If you have a business and could make good use ofthe advice of a good accountant, by all means get in touch with us at Jones Harris for a no-obligation chat.


Married Tax Allowance

Did you know that you can gain an extra £212 a year if you are a) married (of course) and b) qualify for Married Tax Allowance.

Apply for Married Tax Allowance

Here at Jones Harris we discovered that 3.6 million couples nationally are still missing out on claiming this benefit, so logically there must be a lot of you here on the Fylde Coast who could be so much better off a year. 

To claim the Married Tax Allowance, you must be married or in a civil partnership, and both born after 6 April 1935.

One of you should be earning less than £10,600 a year (not including tax free savings interest), and the other one should be a basic rate tax payer (sorry, higher rate tax payers don't qualify).

The partner who is on the lower income can transfer £1060 of their unused allowance to the higher earner, thereby increasing the amount which they can earn before tax by an extra £1016 a year. That equates to an extra £212 cash in the hand.

You can take advantage of the scheme by applying direct to HMRC.

You can apply online at this link or over the phone on 0300 200 3300. You can apply at any time during the tax year, and retrospectively for the 2015/16 tax year.

You will need both your own and your partners National Insurance numbers, and the transferring partner will also have to confirm their identity with bank information or details from a P60.

There's a full round-up of all the details of the scheme, complexities, how to apply and faq's on the Money Saving Expert website at this link 


Important Warning on Pension Scams


Here at Jones Harris we’ve already provided some basic information to our clients about the new changes to pension rules and there will be more to come.

New Government guidelines allow savers over the age of 55 the opportunity to release up to 25% of their pension savings as a tax free, lump sum. The remainder of the fund can be released; however, this will be taxed according to their income tax rate.

As you might expect, the changes are not only giving individuals greater flexibility, they’re also opening up a new opportunities for those who are unscrupulous and this week Blackpool Council is the latest organisation warning the community to be on their guard against possible pension liberation scams.

If it sounds to good to be true... it probably is

Victims are often approached either by cold-calling over the telephone or door-to- door, where insistent advisers may make reference to catchy slogans such as “legal loopholes” or “investment opportunities” in order to encourage victims into transferring their pension fund. Most of these companies are based outside of the UK, meaning the way they operate is not subject to the UK’s jurisdiction and, as such, the risk of being scammed out of most, if not all of the fund is increased.

Scammers lure savers by claiming they can release funds before the recipient is 55 years of age. Such practices are illegal and the person involved may be left liable for hefty tax bills, amounting to over half the total amount. Consumer protection experts are concerned that vulnerable people may be targeted and left without money to protect them after retirement.

Avoid cold callers in person or on the phone

Tim Coglan, Blackpool Council’s Head of Public Protection said “People should never even entertain cold-callers and remember that Blackpool is a no-cold calling zone.

“If you are considering any changes to your pension use one of the many Independent Financial Advisors who can offer impartial, independent advice on such matters, but we still advise people to check the legitimacy of the company they are using with the Financial Conduct Authority.

“We do not want to see anyone struggle during their retirement so it’s important for people to be extremely careful and follow this advice.”

Normally, pension unlocking is only available to those under the age of 55 in extreme circumstances such as terminal illness. It is perfectly legal for those over the age of 55. However, this will almost inevitably result in having less income during retirement.

If you think that you or someone you know has been targeted by a scam, or require any further information, contact Action Fraud on 0300 123 2040 and specific questions regarding pensions can be directed to the Pensions Advisory Service on 0300 123 1047.

Ask for help

Of course if you would like Jones Harris to help with your pension arrangements, or any of your other financial matters, then all you need to do is get in touch with us for a no-obligation chat.


New Bookkeeping Service at Jones Harris

Jones Harris have expanded by bringing in-house a full book-keeping facility to supplement our core suite of accountancy and tax services.

Jones Harris bookkeeping team with Director Stewart Case
Jones Harris Bookkeeping Team with Director Stewart Case

Make yourself more hours in a day

Let’s face it, you don’t start a business because you’re thrilled by the idea of ‘doing the books’. You start a business to earn a living, to use your skills and experience – and doing the books is a necessary part of that.

You could be the best mechanic/hairdresser/web designer/chef in the world, but if you can’t keep a track on your business finances then you aren’t going to survive for very long. It doesn’t matter whether you lack the ability, time or inclination, you can outsource all of your bookkeeping requirements to us here at Jones Harris.

We can create a tailored solution which best suits you and your business needs. We can continue to use your existing systems and software, or we can provide advice about better and more efficient methods, which might include cloud accounting. You can rest assured that it will be the best and simplest method for you!

Depending on the size of your business and your accountancy requirements you may need to send your paperwork to us once a quarter, or we can come to your own premises and work on site. We can provide an end-to-end service from receipt to tax return, and complete your VAT returns. Or you might want to do the bookkeeping yourself but need some advice as to what records you should keep and maybe some training.

Good bookkeeping doesn’t just make your life easier – it also highlights problems quickly and timely solutions can then be found. It also means that less time will be taken in preparing your year end accounts which means lower charges.

All your accounts looked after under one roof

Our Fleetwood based practice has brought in-house the bookkeeping function previously provided by North West Business Support Centre Ltd, to offer a fully streamlined accounting function for businesses of all shapes and sizes, all under one roof. It also provides an exciting opportunity to offer cloud-based accounting software options allowing you direct access to crucial information from within your business to help you with decision making.

As part of the reorganisation three new members of staff are welcomed to the Jones Harris team. Alison MacDonald, Lesley Thomson and Jemma Hill bring years of experience with them and are comfortable with all bookkeeping systems including the newer cloud based packages like Xero or Kashflow.

Director Stewart Case (pictured above) said “We’ve also taken the step of becoming a Xero Certified Practice because we recognise that the future of accountancy lies in the cloud. For over forty years Jones Harris has been known for the high quality of its advice and service when it comes to accountancy, tax and business matters. A business can only been successful for so long by adapting, and that’s exactly what we’re doing right now.”

For many owner operated businesses the pressure of running a business often means that bookkeeping, although vital, is the last task to be completed. That doesn’t help the health of the business and in fact can be a contributing factor to business failure. With 50% of new businesses reportedly failing in the first couple of years, it’s a problem that they can do without.

Stewart added “Good book-keeping is vitally important to business success, along with the information which monthly accounts provide, which is why we’ve taken this step to enable us to provide a better, more comprehensive service which will support the continuity, growth and success of businesses right here on the Fylde Coast.”


Would you like to know more? Then why not get in touch now (and please mention this website!)


Best Accountants in the North West – and that’s Official!

Whether you’re already a client of Jones Harris or have heard about us in the press, you’ll have seen some of the things which we do to add value to our service to you and which set us apart from all the other accountants out there. Well now our claims have been endorsed with the news that we’ve won a prestigious award.

Jones Harris win Accountancy Firm of the Year Award

On Thursday 25 September all our efforts to go the extra mile for each and every one of our clients were rewarded when we scooped the prize for the Accountancy Firm of the Year with up to Five Partners at the North West Finance Awards.

Nominated by Lloyds Bank, our application joined a total of well over 100 nominations from a variety of sectors of industry and a geographical area spreading from Cumbria to Cheshire.

The application process asked for evidence based information from the business to provide evidence and demonstrate how we add value in a number of key areas, including:

  • Innovative approaches to business generation and retention
  • Working with clients to improve their business performance
  • Going beyond the norm to exceed expectations
  • Adding value to the wider financial community
  • Training and development of staff

Our entry was scrutinised by a panel of nine professional industry experts drawn from leading private business and including all the finance industry governing bodies, so we were pleased to have made the final shortlist of seven and be invited to the glittering presentation evening at the Macron Stadium at Bolton.

Directors Charles Bryning, Martin Wigley and Stewart Case went along to the awards ceremony with Business Development Manager Jim Baker, and enjoyed an evening celebrating an illustrious roll-call of glittering careers including many different types of achievements from within the finance industry.

Much to our delight Jones Harris was declared the winners of the Accountancy Firm of the Year with up to Five Partners. Along with all the other winners on the night, we couldn’t have been more pleased with our own success, and the judges comment “This practice has worked hard over a period of years to adapt their systems to suit their clients’ needs first and foremost”

This Award is all about how we add value to clients. It demonstrates and endorses that we do what we say when we claim to go the extra mile – we’re not just saying it – we’ve now got the award to prove it. The judges voted unanimously for Jones Harris and our pitch was described as head and shoulders above the other nominees in our class.

This award is rightly for all members of the team and recognises how each of them make a vital contribution to delivering the service which our clients demand from us. The award goes some way to rewarding that dedication to service which we’ve always strived to deliver here at Jones Harris and it reflects how that work is recognised in the North West business community.


Finding the right accountants can seem daunting, but at Jones Harris we take the worry out of getting your personal and business finances in order.

You'll find that a professional and friendly approach, coupled with a deep seated commitment to providing the best service possible and unique working practices differentiates Jones Harris from other firms of accountants.

Our expertise has made us the Fylde Coast Chartered Accountants of choice for all kinds of businesses. From our Fleetwood offices at St Peters Place, at Jones Harris we specialise in advising and helping to grow owner managed businesses and SME companies from existing businesses or start up situations.


What’s different about Jones Harris

In 2012, at Jones Harris we celebrate our 40th anniversary. Charles Bryning and Alan Newbold were the two founding partners who set out to do things differently when they created the company, and they can certainly look back and say that they did that.

Stewart Case and Charles Bryning, Directors at Jones Harris
Stewart Case (left) and Charles Bryning, Directors at Jones Harris

Charles and Alan started by offering a superior and more attentive level of service, by changing the behaviour that other firms found acceptable, in their quest to fulfil their ambition to become largest independent and premier accountancy firm on the Fylde Coast.

With experience in all sectors of business, the staff and Directors at Jones Harris really care about their clients, and we frequently go ‘the extra mile’ for everyone. For example, where else would you find access to your accountant on 365 days of the year, plus unlimited telephone support all through the year at no extra cost?

With the advent of sophisticated IT, our most fundamental point of difference came about when we built a unique and paperless job flow system. Not only has it ironed out the inherent inefficiencies of the accountancy industry, it’s also streamlined and speeded things up to the point that accounts are turned round in 28 days on average, which means that you quickly get to find out what position your company is in, and more importantly, what your liabilities are so that you can plan for paying them.

More importantly, at Jones Harris, the staff and Directors value you as an individual and not just a number on a balance sheet.


Services to your business

Whether you are an individual with complicated financial affairs, a small business, or a huge company, at Jones Harris we will offer you an excellent service with the best in advice and support. We see our role as one that extends past that of simply filling in statutory paperwork, and we are on hand to provide advice and review your situation to make the best of current legislation and financial rules.

Martin Wigley, Director at Jones Harris
Martin Wigley, Director at Jones Harris

Uniquely, with 1000 clients on our books, we also refer clients to each other and network them together. From a client list which is so large, there are always companies who can help each other, in many varied ways.

So if you like things to be done properly and value good service, and to know that you are in good and competent hands, then Jones Harris are for you.

Business advisors and taxation specialist. Proper accountants for proper businesses.


Jones Harris offer a full range of accountancy services.

  • Company secretarial
  • Preparation and audit of accounts
  • Tax planning
  • Tax investigation
  • Financial Reporting
  • Bookkeeping and payroll is offered through our sister company The North West Business Support Centre

Jones Harris Chartered Financial Planning is a joint venture between Jones Harris Chartered Accountants and True Bearing Chartered Financial Advisers – whose advisers are among the most qualified in the UK today.

Whether you are looking to review your current arrangements, or establish a new financial plan, we will be able to give you clear direction and peace of mind. We can help you to plan for your financial future in the most tax efficient ways possible.

For more information just get in touch. The contact details are all on this page.

On theJones Harris website you’ll find much more information about the company and the people who work here and make it tick. Have a look at the News feed for regularly updated articles about what goes on inside the company, with stories about football sponsorship, events that we hold at Jones Harris, plus some financial hints and tips.


Forty Years in Fleetwood

At Jones Harris Chartered Accountants we've celebrated our fortieth year of trading, looking forward to a future of further achievements and backwards on a changing world which has flown by with great speed!

Jones Harris was founded by Charles Bryning and Alan Newbold in the early 1970’s being two newly qualified local accountants who wanted to build a firm which did things differently and overcome the inherent inefficiencies in traditional accountancy firms. They had the luxury of being able to build an accountancy firm from scratch, starting with a blank sheet of paper and an opportunity to put their dreams and ambitions into practice with no senior partners to veto their plans.

And so Jones Harris was born (Bryning Newbold & Co didn’t roll off the tongue that well) built on the principle of excellent service and giving the client’s what they actually want. With the advent of computerisation came the opportunity to completely re-write the book of how to run an accountancy business. ‘We’ve invested huge amounts of time, money and resources over the years to create our own, completely bespoke computerised system that manages the processing of accounts in such an efficient and streamlined way that in our opinion our service to client’s stands out head and shoulders above our competitors’ said Charles.

Looking back on their careers, Alan and Charles are rightfully proud of what they have achieved, along with their fellow Directors Peter Neill and Martin Wigley, and the team of staff here at Jones Harris. ‘We do our best to do things properly’ said Alan ‘we care about the quality of service which we offer and from the start always aimed to be the premier firm of accountants on the Fylde Coast, and I think that we can say that we’ve earned that title.

‘We’ve worked with thousands of businesses in forty years and each one is as important as the last. There are some outstanding examples in our client list with Fisherman’s Friend being the most famous one. We’ve grown together through the years and in their case, played a part in the huge and well deserved success that they enjoy today’. And forty years on after having achieved those initial aims many years ago our philosophy is still the same and it continues to be as relevant today as it was on day one. It’s in our DNA.


A Warm Welcome for all New Clients

Cold blooded, feathered, and even human beings are all equally welcome to join the Jones Harris family!

The strangest of clients have just been welcomed to the client list at Jones Harris – we’d like to introduce you to Derek the Burmese Python and Oscar the Ibisbill. Of course they didn’t beat a path to their door on their own – they are accompanied to all meetings by their owner Neil Trickett of The Living Jungle.

The Living Jungle join Jones Harris

Neil Trickett (left) and Martin Wigley (right)

The Living Jungle is a fascinating mobile zoo, which informs and educates all ages of animal lovers through events and workshops. The business has been established since 2002 and although it’s based here in Lancashire, Neil covers the whole of the UK. He’s now looking for ways in which to expand and develop the business, which is where Jones Harris come in.

Jones Harris pride themselves on providing business advice and support to all clients, whatever area they trade in. However, it’s a little known fact that Director Martin Wigley has just the right qualifications and interests to be a perfect choice for The Living Jungle.

Neil explains “I know that every business is unique in some way, but we’re slightly more unique than most. Someone who really understands not just the challenges but also the opportunities which a mobile zoo will face is really important in the growth of a business like The Living Jungle.

"The fact that Martin has a BSC in Zoology and an MSc in Ecology alongside his accountancy qualifications makes him perfectly placed to understand how my business can grow and support me and my wild friends in that journey.”

Matching new clients to the most appropriate of our four Directors is something which they do at Jones Harris as a matter of course. If you’re not already a client and feel that you’d like to develop this kind of working relationship, why don’t you get in touch with them for a no-obligation chat?


Book-keeping Course Reaps Rich Reward

Jones Harris make donation to Mencap

Jones Harris Chartered Accountants worked with String Computer Systems to develop a series of workshops where clients could find out how to get to grips with popular book-keeping package Sage, and learn how to use it to its full capacity within their business, with a series of sessions for beginners, intermediate and advanced users.

Martin Wigley, Director at Jones Harris said “Mencap is a charity which we support here at Jones Harris, so we took the opportunity to charge a nominal amount for each session, the whole of which was a charity donation. Knowing that they were helping such a worthwhile cause also encouraged everyone to turn up, and we actually enjoyed a 100% attendance from delegates.”

Linda Lofthouse is the Chair of Trustees of Fleetwood and Wyre Mencap, and was thrilled to collect the cheque from representatives from Jones Harris and String with three of the members who will benefit from the generous donation.

Linda said “We had no idea that these events had been held and the money had been collected so it was such a nice surprise. Neil, Brian and Ivan who came along with me are just three of the fifty local people who will benefit – we’ll use the money wisely to provide leisure facilities for all of our members to enjoy. We don’t get any funding from Mencap nationally so everything that we need is raised locally by our volunteers, and a thousand pounds is such a significant help.”

The picture above is the cheque presentation with members of Mencap: Back row - L-R - Nigel Bennett - String, Martin Wigley – Jones Harris, Steve Pickering – String, Phil Crankshaw – Jones Harris
Brian Owers, Neil Birdsall, Linda Lofthouse, Ivan Wrigley from Mencap


Jones Harris Networking Events

What do you get when you put eighteen business people in a room and make them all talk to each other in rotation? Business leads and new contacts – that’s what!

Speed networking

On Thursday 24th May, we dipped our toe in the water of Speed Networking with the first event held at The Venue at Cleveleys. Much like its romantic counterpart, speed networking sees everyone who attends speaking to each other person in the room, making notes as they go, and deciding who they might like to talk to at a later date. The humour of this type of event is a huge icebreaker, largely provided by Jim Baker with his time clock and clashing cymbals, struck to make everyone move around the tables!

The businesses in attendance, even including The Venue, were clients of Jones Harris and ranged from engineering and electrical backgrounds, to printers and marketing, finance, menswear, gas fitting, and surveying – so a truly mixed group. Jim Baker, our Business Development Manager had organised the event, agonising over how to organise the circulation of attendees, and said, ‘A benefit of being a Jones Harris client is that the team of four Directors and myself try wherever we can to put clients in touch with each other and to make referrals. After all, with one thousand companies on our books it’s inevitable that there’s an ongoing trail of requirements winding its way through our client base’.

Feedback from the event was excellent, with everyone saying it was the most productive networking event that they’d attended. Director Martin Wigley commented that ‘It’s been a perfect place to hold this kind of event, and on average people seem to have come away with around five direct leads to follow up, which from a small gathering is quite an achievement, so we’ll certainly be doing it again’.

Since that first event, we've gone on to hold frequent speed networking events at different venues, with different people making valuable new contacts.

If your current accountant doesn't offer services like this, is it time you got in touch to find out more about how Jones Harris can help your business?

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