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.

2020 Letting Relief Changes – What You Need to Know

In an earlier blog post from Summer 2019, we highlighted that the Capital Gains Tax (CGT) reporting window on residential property was changing. As part of the ongoing HM Revenue & Customs (HMRC) focus on individuals that own multiple dwellings, we now want to draw your attention to changes related to the final period of […]

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Structures & Building Allowance

Structures and Buildings Allowance (SBA) is a new capital allowance introduced this year. It allows tax relief if you build, buy or lease a structure and all the related construction contracts were signed on or after 29 October 2018. This new allowance was enacted on 4 July 2019 and HMRC recently released some basic guidance […]

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Life After the Windows 7 Decade

Launched on 22 July 2009, Windows 7 has become one of Microsoft’s best-loved computing operating systems. But as the saying goes, all good things must come to an end. After 10 years, support for Windows 7 is coming to an end on 14 January 2020. Therefore, anyone who uses Windows 7, and that is still […]

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Seasonal and Temporary Staff Pension Rights

Automatic Enrolment was brought into force in April 2016 with the aim of reducing the shortfall in workplace pensions. Auto enrolment requires all employers to have an eligible pension scheme that they must enrol their eligible staff into and they must also make a 3% contribution to that scheme. To be eligible for automatic enrolment […]

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Plan Now for Tax Year End

The 5th of April comes around very fast, so now may be the ideal time to review your financial situation. You can review how to best maximise the available tax allowances you have and even control the amount of tax you pay. You have worked hard for your money, so it pays to take some […]

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News

Coronavirus/COVID-19: Update 7 April 2020

Although no new business support has been announced overnight, we are continuing to receive further clarity on existing measures. Some positive news we have received from a number of clients is that they have applied for and already received funding via the Small Business Grant Fund and Retail, Hospitality and Leisure Grant Fund.  If you […]


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Avoid the Cost of HMRC Investigation

Tax investigations by HMRC have been on the rise for a number of years. Anyone can be selected for an investigation by HMRC, whether you are a business, a director or an individual taxpayer. What does an investigation involve and why does it happen? Put simply, a tax investigation is when HMRC decides to take […]