Charlton Baker
@charltonbaker
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Award-winning accountants bringing you an expert blend of accounting, taxation, business and legal services. Find your financial freedom with everything we do.
South West and London
Joined January 2011
So this happened last night... We won the Small Business of the Year award at the Lloyds British Business Excellence Awards! 🎉 A national award! Super happy & proud of our amazing team☺️ Congratulations to all finalists & winners & the team behind a great event #bbea24
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Directors: limited liability isn’t limitless. Personal assets can be at risk for: ✔ Guarantees ✔ Wrongful trading ✔ Tax debts ✔ Mismanagement Stay protected: keep records, monitor cash flow, seek advice. 👉 https://t.co/5Zo1teXM6c
#BusinessTips #TaxAdvice
charltonbaker.co.uk
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Late VAT returns? Penalty points are here – and they add up! Miss a deadline, earn a point. Hit the threshold, face a penalty. Stay compliant & avoid costs. 👉 https://t.co/MqK5KFXASK
#VAT #TaxTips #HMRC #CharltonBaker
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Tax arrears? Don’t panic! HMRC’s Time to Pay plans let you spread payments & avoid penalties. Act fast, be prepared, stay realistic. We can help👉 https://t.co/jGj3E09P5O
#TaxTips #HMRC #BusinessSupport
charltonbaker.co.uk
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Employers can give small gifts to employees without triggering tax headaches! Non-cash perks like a bottle of wine/flowers (≤£50) are tax-free and don’t need reporting. ✅ No PAYE hassle ✅ No Class 1A NIC ✅ Simple way to show appreciation More info 👉
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HMRC is cracking down on unpaid #Crypto taxes! Hold crypto as an investment? Undeclared gains could mean ✅ Penalties ✅ Interest ✅ Prosecution Act now: voluntary disclosure = lower penalties & peace of mind 👉 We're UK Crypto experts & can help you #CryptoMarket #CryptoTrading
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Ever wondered what P45, P11D & P60 mean? ✅ P45: when you leave a job – shows pay & tax details ✅ P11D: lists benefits/expenses for tax ✅ P60: annual earnings & tax summary Keep them safe! More info👉
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Thinking of becoming a company director? It’s more than a title - it’s a legal & ethical commitment. Act in the company’s best interests, stay compliant, manage finances & promote success. Good governance = smart business. #Leadership #DirectorsDuties
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Reward your team & boost loyalty with Share Incentive Plans (SIPs)! ✔️ Employees become shareholders ✔️ Tax perks for all ✔️ Flexible options: free, partnership, matching & dividend shares Learn more 👉 https://t.co/STzHTuFUlE
#TaxTips #EmployeeBenefits
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Self-employed? Class 4 National Insurance Contributions apply if profits > £12,570: ✅ 6% on £12,570–£50,270 ✅ 2% above £50,270 Plan ahead to avoid surprises, review profits early & set aside funds! #TaxTips #NICs #SelfEmployed
https://t.co/F99N5K5BCN
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Simplify VAT & boost cash flow! The VAT Flat Rate Scheme lets small businesses (turnover up to £150k) pay a fixed % of turnover instead of tracking every VATable purchase. ✔️ Less admin ✔️ Predictable payments ✔️ Great if VATable expenses are low #VAT #TaxTips #CharltonBaker
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📢 New Opening Hours from today (3rd Nov)! 🕘 Mon–Thu: 9am–5pm 🕒 Fri: 9am–3pm You might still catch us earlier or later & we’re happy to arrange meetings outside these hours with advance notice 😀 Office locations 👉
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Think you must make payments on account? Not always! If: - Tax bill under £1k - 80% tax via PAYE then Check before 31 Jan & avoid overpaying. Need help? Team CB makes tax simple 👉 https://t.co/hoXjsgE7oI
#TaxTips #SelfAssessment
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Earn money abroad? Don’t forget HMRC wants to know! Report overseas wages, rental income & investments - even if you’ve paid tax elsewhere. Stay compliant & save with tax relief. 👉 https://t.co/FSztqSr1uR
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Renting out part of your home? It could affect CGT when you sell - but Lettings Relief can help! ✅ Live in the property ✅ Claim up to £40k per owner ✅ Lodgers? Usually no CGT impact Plan smart & save thousands! 👉
charltonbaker.co.uk
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Cut your Corporation Tax bill! ✅ Claim Annual Investment Allowance ✅ Use full expensing & first-year allowances ✅ Offset losses & apply group relief Smart planning = bigger savings! 👉
charltonbaker.co.uk
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Stopped being self-employed? Let HMRC know ASAP to avoid penalties. You can do it online using your NI & UTR, or by phone/post. ✅ Tip: Don’t wait for the 31 Jan deadline - early notice keeps your records clean. Need help? We’re here. #SelfEmployment #HMRC #TaxTips
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Need help with personal tax? Whether you're a business owner, non-resident or just sorting your own return, we’ve got you covered. From income to inheritance tax, we offer expert advice, tailored support & stress-free filing. Let’s make tax simple #PersonalTax #UKTax
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Exporting goods from the UK? You might not need to charge VAT but HMRC needs proof the goods left the country ✅ Tip 1: Keep your paperwork tidy ✅ Tip 2: Think about using a good import/export agent Exporting is great just don’t let VAT trip you up. Chat to us if you need help
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Heritage Tax Relief: some buildings, land & works of art of national significance can be exempt from IHT & CGT if gifted or bequeathed. ✅Must meet heritage criteria ✅New owner signs ‘undertakings’ for care & public access Sell or breach terms = tax due https://t.co/2fGwmkvO5V
charltonbaker.co.uk
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Divorce & Taxes: Key Points ✔ CGT: 3 yrs to transfer assets post-separation; no limit if part of divorce agreement ✔ Home Relief: possible if conditions met ✔ Plan ahead & update your will Divorce changes your tax landscape, get expert advice! https://t.co/cRuPTjtidV
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