Huddersfield Daily Examiner

More time to plan for taxing changes

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in Birmingham.

Karen James, head of residentia­l conveyanci­ng at Ramsdens, said: “I am thrilled that Ramsdens’ conveyanci­ng team has been shortliste­d. This is in recognitio­n of the hard work, commitment and dedication each individual member of the team gives to the job every single day.”

Sinead Sopala, director of marketing at Ramsdens, said: “Lots of law firms are yet to fully embrace the opportunit­y that social media brings. I am delighted that our social media efforts have been recognised.” A HEATING systems manufactur­er with internatio­nal reach has extended its sponsorshi­p of Huddersfie­ld Town for the coming season.

German-based Viessmann will continue as team sheet sponsor and become exclusive title sponsor of “Club Town” – a new area of 64 executive heated seats situated behind both home and away dugouts.

Viessmann branding will appear on the seats, in the matchday programme, on pitch-side display boards, on the team sheets themselves and via social media.

Viessmann managing director Graham Russell said: “Viessmann is delighted to be part of Huddersfie­ld Town’s rise to the Premier League after a gap of 45 years.

“What started as a low-key partnershi­p, led by our sales manager in the Yorkshire area, quickly caught the attention of Viessmann headquarte­rs in the UK and Germany and we are proud to extend our presence and identity at the John Smith’s stadium and amongst the fans. It is fitting that Huddersfie­ld Town is the most German football club outside Germany – with many players and both the head coach and assistant head coach from Germany!”

Town commercial director Sean Jarvis said: “Everyone at the Club is delighted to welcome Viessmann as a global partner for the 2017/18 Premier League season.

“The club’s commercial no business will need to provide informatio­n to HMRC more regularly during this initial phase than they do now.

All businesses and landlords will now have at least two years to adapt to the team puts great emphasis on brokering bespoke relationsh­ips with each of its partners to ensure they get the maximum return for their investment and I believe Viessmann’s commitment is proof that a relationsh­ip with Huddersfie­ld Town can be of great benefit.”

He said: “The team at Viessmann has been among the best at making the most of its sponsorshi­p and we look forward to working with the team there to mutual benefit.” changes before being asked to keep digital records for taxes other than VAT.

The delayed implementa­tion of MTD does not mean that those submitting Self-Assessment Tax Returns do not have to keep records. Self-Assessment taxpayers are required both to keep and preserve records needed to make a correct and complete tax return for any period.

In the case of a business (including landlords) the records that must be kept include details of all receipts and expenses, goods purchased and sold and all supporting documents relating to the transactio­ns of the business such as accounts, books, deeds, contracts, vouchers and receipts and computer records.

Businesses must retain their records until the fifth anniversar­y of the January 31 next following the year of assessment (this time limit applies to all records, not simply the business records). For the year ended April 5, 2017, records must be kept until January 31, 2023. Individual­s with non-business income are required to keep records for April 5, 2017, until January 31, 2019.

A penalty of up to £3,000 may be charged for each failure to keep or to preserve adequate records in support of a tax return.

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