Accountancy Blog

Our accountancy blog is updated monthly with our opinions on a variety of issues affecting our clients and the industry sectors we cover.

Make Payroll a Priority

With the new tax year still in its infancy, it is worthwhile making sure you are up to date with all the new rates and regulations in relation to payroll requirements. National Living Wage & Minimum Wage On 1 April 2019 the national minimum wage and national living wage rates were increased across all bands. […]

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Year End Tax Planning Opportunities – February 2019

With the 5 April tax year end approaching now is a good time to review your personal finances and how to minimise your tax liabilities. It may seem like a recurring theme but there are usually opportunities, large or small, which can make a difference. Business Structure Ensuring you have the correct business structure can […]

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MTD for Rural Businesses

From 1 April 2019 all VAT registered businesses with taxable turnover over the VAT threshold, currently £85,000, must provide their VAT return data to HMRC digitally. Our recent seminars, held in conjunction with two of the leading software providers Xero and Farmplan, provided advice on how to make the switch from manual accounting records. At […]

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Shared Parental Leave – a Personal Experience

When couples have a child, many are unaware that equal time off is a legal right. Michael Beveridge and Natalie Weir, who both work at our Berwick office, became the proud parents of Poppy Ann in April 2018. Both were happy to share their experience and hopefully encourage more couples to consider the option. From […]

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Salary Sacrifice and Childcare Vouchers

Giving up part of your monthly pay might sound a little odd, but it can make financial sense. And likewise, for those businesses who look to improve benefits for their employees, salary sacrifice schemes are an option worth considering. What is salary sacrifice? Salary sacrifice schemes allow employers to offer non-cash benefits to employees who […]

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