Readers in practice will have sympathy with individuals who suffer from SAD – Seasonally Affected Disorder. The recent burst of good weather has been a real tonic for all of us, not only those who are inclined towards depression in the winter months.
Accountants and tax advisors must experience similar highs and lows during the year, although not necessarily driven by sunlight. At the end of the annual self-assessment tax return filing season, advisors emerge from their computerised bunkers into the gloom that is February. The wise amongst us, have booked tickets for sunnier places and spend a well-earned rest soaking up the rays.
From a tax point of view, spring heralds yet another tax new year, and there is a wide-open-space feeling that the crunch deadlines for 2018-19 are some distance away. A myth, as this year there are other concerns that will demand our attention.
The GDPR deadline is fast approaching, 25 May. For many of us there is a grim finality to this event as most of us are still unsure if what we have done is enough to pass muster.
March year-end accounts, and most practices have a few of these, are now starting to arrive on practitioners’ desks for review, and there is no let-up in the recurring payroll and VAT return obligations.
Are practitioners driven by deadlines, it would appear so, which is why it is important to gather support to support this activity.
At Informanagement we not only provide useful news that we send to your clients and prospects on your behalf, we also provide updates on changes to tax and other compliance obligations as they occur and make this available to your partners and staff. If you take advantage of this service, it should at least relieve the pressure to keep up-to-date.
Get in touch if you would like more information about the services we offer.