The pressure is on the Chancellor who has promised a “bold” budget to be revealed on Wednesday. Don’t worry if you won’t have time to watch – we’ll be watching for you and our Full Report will be available on Thursday Morning. Here are the key areas that we are looking for: Self-Employed NICs In […]
Ban on Credit Card surcharges
New law in effect from 13 January 2018 bans the passing on of credit card surcharges to consumers. HMRC will no longer accept Personal Credit Cards for Self-Assessment Payments.
Tax Tips and News – October 2017
Welcome to our blog article designed to bring you tax tips and news to keep you one step ahead of the taxman. If you need further assistance just let us know or you can send us a question for our Question and Answer Section. We are committed to ensuring none of our clients pay a […]
Digital Tax is Coming! (later than planned)
The “Making Tax Digital” initiative from HMRC will mean massive changes to the way small business owners report profits in the next few years.
Tax Tips and News – August 2017
Welcome to August’s Tax Tips & News, our blog post designed to bring you tax tips and news to keep you one step ahead of the taxman.
Preparing for the End of Your Accounting Period
To enable us to protect your interests it is important you submit your information to us as soon as possible after your accounting period end (and within at least four months). This timescale is designed to ensure there is adequate time to draft your accounts and tax return and then resolve any outstanding points in […]
Two Weeks Until the New Pound Coin
Perhaps we’re a little strange in our enthusiasm for the new pound coin… but did you know that it’s just two weeks until it’s introduction? From March 28th you can accept both old and new coins from your customers. Make sure to train your staff on the new coin and change your procedures to handle […]
Your Budget Report Available Now
Important tax news on Dividends and National Insurance. Get our full report on the key announcements made by the Chancellor. Dividend Allowance Tax-free dividend allowance to reduce to £2,000 from April 2018 Self-Employed NICs Class 4 NICs to rise to 10% in April 2018 and 11% in April 2019 Making Tax Digital Quarterly reporting delayed […]
Spring Budget 2017 This Week
The Chancellor Philip Hammond is preparing to deliver his first and last Spring Budget – the budget will be moved to Autumn in future. He has made clear that the current government will be rejecting previous austerity measures but The Institute for Fiscal Studies (IFS) is warning of sharp public sector cuts and taxes reaching their highest level […]