The summer has been an exciting period for DNS: we have launched our new contractor-dedicated online accounting portal and seen a healthy upturn in new business activity; this is certainly a good time to start a new business venture. At last a healthy business forecast is on the horizon for this autumn.

Bogus HMRC emails

Beware emails about tax refunds: HMRC would never contact you via email; these are scam emails and you should ignore them.

Expenses

Do you want to verify what expenses you can claim and the receipts you should keep? Go to: http://www.dnsassociates.co.uk/PDF%20Documents/Expenses%20and%20Receipt.xls

Tax need not be taxing

DNS keep clients informed about tax and remind you about how much you owe and when to pay, but remember that all the information you need about making payments can be accessed via  our website at http://www.dnsassociates.co.uk/resources.asp.

Are you eligible for tax credits?

Although many DNS clients are due tax credits based on their financial situation many are not yet recipients. DNS can only help you make the claim when we receive all the information we ask for. Are you entitled to tax credits? Email taxcredit@dnsassociates.co.uk and we will check your entitlement, which, when confirmed, we will help you process.

DNS online accounting Portal

Have you visited the new DNS online accounting portal and seen some of the fantastic additional features like the easy to use help menu? Have you practiced with the demo? We hope you agree that it's much easier to use. The DNS team is still available for support via email or phone should you need it.

We have already started migrating clients to the new portal, and are in the process of delivering new logins and passwords, so keep an eye out for yours. Please remember to send us your bank statements as requested.

DNS website

We are updating and streamlining the DNS website and will launch the new easier-to-navigate site very soon.

Tax planning

DNS are specialists in tax planning. We want to ensure that you make use of the many opportunities available to save money on taxation; for example, does money put aside for tax payments sit idling in your bank account? DNS can help you resolve this, and other tax planning issues:

Stamp Duty: Are you thinking of buying a property; do you want to save on Stamp Duty? Contact DNS today.

Capital extraction planning: Means tax-efficient extraction of funds from your company. If you find that you are unable to take the funds out of the company due to tax problems then do not wait and may be your portfolio manager can offer you solution to extract all the funds sitting in company tax efficiently. 

Corporation tax: Company profits of more than £100K attract corporation tax, but DNS see whether your company can maximise its profits by avoiding corporation tax. Call DNS today to discuss further.

Saving tax on personal income: Personal income equals wages, plus dividends, plus rent, plus capital gains (not company income). Does your personal income exceed £150K and would you like to save on tax? Call DNS today to find out more.

Hassle free business: Do you find it hard to manage your company? Are you put off forming a company because it appears to involve too much hassle? DNS has an alternative solution offering all the advantages of a limited company with no hassle. Contact your portfolio manager today to find out more.

If you're serious about minimising your tax bill for 2010/11 then what are you waiting for? Contact DNS today and we'll find the right solution for your business.

DNS value your feedback

Please keep sending us your suggestions and comments about how we can continue to improve our services: we have already demonstrated that we listen to feedback and implement change.

DNS value your referrals

Your business is valuable to us and so are your referrals. Do you know about the DNS referral incentive? It's a fantastic way to get a month's free accounting: just refer a friend, colleague relative and if they sign up you don't have to pay our fee that month! We can assure you that all your referrals will get the same great service you do. Please make sure that you continue to claim your referrals.

DNS would like to extend our sincere thanks for your support and loyalty throughout the last seven years. Even at the toughest economic times many of you have stuck with us, us with you: now as things look to be improving, let's continue to grow and prosper together.

All best wishes, sincerely,

Sumit Agarwal