1st December, 2018, Alex Salmon
When I got in the car the other day and Wizard’s I Wish It Could Be Christmas Every Day came blaring through the radio I literally couldn’t believe my ears.
But the reality is that it will come hurtling toward us quicker than you can make a batch of mince pies.
The shopping chaos with supermarket shelves piled high with tins of Quality Street, the continuous TV adverts and kids’ excitement reaching levels above anything sugary sweets could achieve.
Oh, yes. That bit.
But aside from all the festive plays, outings and general merriment that will fill the next few weeks, it’s also a time that people need to be thinking about a much less joyous, but crucial task in the form of tax returns.
You may groan, but get it out the way and you can turn your attention to making the Sloe Gin recipe you found in that magazine your toddler has used as a colouring book.
As an accountant, this is my busiest time of year as we support our clients with preparing their figures for submission.
As you probably already know the tax year runs from April 6 to April 5 and it is imperative that it is submitted by January 31 to avoid a penalty.
At Stephenson Smart in Great Yarmouth where I work, we upload figures from bank statements, invoices and receipts and off it goes.
It is important to remember to include information about child benefits, capital gains tax, business partnerships and income from rented property before you send it off.
If you use software such as Sage, Xero or Quickbooks, there is a link available to your bank account, so you can see exactly where all your spending is going, which makes it easier when it comes to filling out that dreaded form.
So, if you are looking for help from an accountant who is slightly frazzled and humming random Christmas songs in November, I’m your man.
Now where did I put that festive CD?