Tag Archives: business support

  1. Spring Statement

    Did you catch everything the Chancellor said in his Spring Statement? We know that National Insurance contributions have increased from 6th April, and the rest of the key points are: The Chancellor has not rescinded the increase in NIC and the dividend tax, so most tax bills are going up by 1.25%; He has aligned…

  2. Happy New Year for 2022

    We’re back after our festive holidays, ready to give you the advice and guidance you need for your personal and business finance. Just call 01803 500 500 and speak to one of our team.   Happy New Year to you!

  3. Making Tax Digital Regulations

    The new MDT regulations have now been published.  To summarise: Once you have reached your digital start date you have to continue to keep digital records and file these quarterly, regardless of turnover.  Transactions need only be recorded with enough information to meet the quarterly deadline. Recording Cash or Accruals?  The regulations state that digital…

  4. Budget Summary

    The Chancellor of the Exchequer announced his Budget on Wednesday.  In case you missed the main points they are: Giving money away: More money for almost every government department. Increased capital allowances for business. Cheaper beer. Reduced internal Air Passenger Duty. More Universal Credit where people are working. Rate relief on hospitality and retail. Better…

  5. New Drop-Off and Collect Facility

    We’ve been doing some work on the offices and have reorganised ourselves. Next time you visit you will find reception has changed significantly.  Most importantly, there is a counter for you to drop stuff in and interact with us. We’ve knocked the place about a bit, changed the flooring, redecorated, and generally had a refresh….

  6. Brexit – The End of Transition is Nigh

    The UK left the EU on 31 January 2020 but all trading arrangements, including VAT, are held in suspension until the end of the transition period on 31 December 2020. Whatever deal is finally agreed between the EU and the UK government, the VAT rules for UK traders will be different from 1 January 2021,…

  7. Government Updates September 2020

    Here is a summary of the latest government updates, dated 24 September. Job Support Scheme The Job Support Scheme (JSS) is designed to give business the ability to retain staff working reduced hours, rather than make them redundant. Employees will only be eligible for the scheme if they are working at least 33% of their…

  8. New Implementation Dates for Making Tax Digital

    As you may be aware HMRC decided to delay their plans to implement Making Tax Digital (MTD) due to the Covid-19 virus. HMRC has now announced the new implementation dates. Making Tax Digital will now be: Extended to VAT-registered businesses with turnover below the £85,000 VAT threshold from April 2022 (In other words anyone VAT…

  9. Coronavirus: Our Services To You

    Covid-19 Coronavirus With the increasing national concern regarding the COVID-19 coronavirus, we want to assure our clients that we are monitoring the developing situation carefully and have a plan in place to provide a continued service to clients as far as we possibly can. To read more please visit our dedicated pages here

  10. December’s General Election and Tax

    Following the General election on 12 December, Prime Minister Boris Johnson has confirmed that Sajid Javid remains as Chancellor of the Exchequer and no other changes at HM Treasury have been announced. The Prime Minister has however, confirmed that a more significant cabinet reshuffle will take place after the UK leaves the EU on 31…

  11. How Can You Identify Genuine HMRC Communications?

    Broadly, phishing is the fraudulent attempt to obtain sensitive information such as usernames, passwords and credit card details by disguising oneself as a trustworthy source in an electronic communication. This is generally carried out by email spoofing or instant messaging, and it often directs users to enter personal information at a fake website which matches…

  12. Workplace Pensions Re-enrolment Requirements

    Every three years you must put certain staff who have left your pension scheme back into it. This is called re-enrolment. Whether you have staff to put back into your scheme or not, you must complete a re-declaration of compliance to tell the Pensions Regulator how you have met your duties. Remember, re-enrolment and re-declaration…