MOJO Memo June 2022

Full-service financial support

Update From Our Founder - Claire Flinders

Claire Flinders

This month I spent a week working in Cornwall at a co working space so that my daughter could take a week’s work experience at Newquay Activity Centre, getting involved in lessons including surfing, paddleboarding and generally helping the instructors to get kit ready and clean the changing rooms etc. While we were there we were able to get involved in a charity event to help raise funds for a defibrillator and I was able to have a go at Coasteering as part of this which is an activity I have always wanted to try. I’m not going to lie it took a bit of courage to launch myself off the rocks into the sea but it was honestly one of the best things I have done. Life should be all about challenging yourself and also helping others and by taking part in charity events it is a great way to achieve both of these!

Team News

Both Paige and Lucy are progressing well through their AAT studies. Paige is now on Level 4 and Lucy has recently passed one of her exams with a score of over 80% which is a great achievement. At Mojo we offer day release to all of our team members wanting to study and progress in their accounting career. We also have 2 more team members joining us in the coming weeks and more will be shared on this next month!

Work Updates

We are working with several businesses now as their finance team. This is working really well as we really become part of the business, can offer strategic advice and identify opportunities to save tax and costs as we go through the year. Work is also progressing well on the self assessment tax returns for the year ending 5th April 2022. We are well ahead of schedule compared to previous years. We still have until 31st January 2023 to file them all but if you have yet to send us your information please get it to us as soon as you can.


Register a trust as a trustee by 1st Sept 2022

You must register your trust with HMRC: to make sure you and the trust comply with anti-money laundering regulations if you need to get a Unique Taxpayer Reference (UTR) — for example, for filling in a Self Assessment tax return for the trust, even if the trust is on the exemption list

You must register if the trust becomes, or is liable for any of the following taxes: Capital Gains Tax Income Tax Inheritance Tax Stamp Duty Land Tax Stamp Duty Reserve Tax Land and Buildings Transaction Tax (in Scotland) Land Transaction Tax (in Wales) The following types of trusts must register even if they have no tax liability: all UK express trusts — unless they are specifically excluded non-UK express trusts, like trusts that: acquire land or property in the UK have at least one trustee resident in the UK and enter into a ‘business relationship’ within the UK.

The deadline for registrations is on or before 1 September 2022.

Introducing Ian Hallam

360 Autoleasing East Midlands are Independent vehicle finance, contract hire and car leasing brokers. We specialise in sourcing the best car contract hire and van leasing special offers for both businesses and individuals from a range of automotive funders and dealers. We can also source used vehicles along with outright purchase of new vehicles. Although our office is based in Leicester, we service the entire East Midlands. 360 Autoleasing offers Nationwide Delivery of any car or van direct to your home or office. With many years collective experience in the contract hire and car leasing industry, all our automotive consultants are totally committed to saving clients time and money by fulfilling all vehicle procurement, finance, contract hire and car leasing requirements. We supply and lease all makes and models of UK sourced cars and vans including special car leasing deals from prestige marques such as Audi, BMW, Infiniti, Jaguar, Land Rover, Lexus, Mercedes and Mini as well as providing nationwide delivery of any vehicle direct to home or office. Taking the hassle out of contract hire and leasing a new car or van, 360 Autoleasing provide a “One Stop Shop” solution for sourcing and funding vehicles together with all after sales requirements including maintenance management, keeping clients informed every step of the way. If you are looking to lease a new car or van, you may be unsure whether business contract hire or personal car leasing is the most cost effective and tax efficient way for you. We are therefore always happy to offer free unbiased contract hire and car leasing advice on the best way to fund your next car or van. Whether you need assistance in managing an entire vehicle fleet or simply require a competitive quote for one vehicle, 360 Autoleasing will be able to help! Call the 360 Autoleasing team now on 03300577360 to discuss your specific car and van leasing requirements.

Charity and
Community News

Leicester Riders Foundation Charity Golf Day

What a fantastic day at Beedles Lake Golf Club. An amazing fund raising day for the Leicester Riders Foundation. Our very own Gary Zimmerman played in the event supporting the great cause. Special thanks to Ian and Tracey Hallam, Premier Logistics and Simon Winfield. Get In Touch If you have any questions regarding our services or you want more information then please get in touch: Call: 0116 243 6537 Email: info@mojoaccounting.co.uk The Leicester Riders Foundation deliver a variety of programmes from participation pathways via School Coaching, Elite pathway and community project and grant delivery, all to promote, engage and develop Basketball and further sport participation across Leicester and Leicestershire. As a Foundation they endeavour to work within the local community to not only increase participation but to promote and deliver sustainable programmes that promote health and wellbeing, develop and inspire volunteers, leaders and coaches and encourage people of all ages and abilities to engage with them on a journey of growth and development as an integral part of the Riders family, by delivering inclusive Basketball provision across a variety of platforms.