Our accountancy blog is updated monthly with our opinions on a variety of issues affecting our clients and the industry sectors we cover.
Spring is often described as the season of new beginnings, so it seems appropriate that 1 April was the launch date for, arguably, the biggest change in the UK’s tax system for 20 years. VAT registered businesses above the VAT threshold would be required to start recording their business transactions using digitally compliant software from […]
We know that the uncertainty over Brexit looks likely to continue for some time yet. Therefore, we make no apology for returning to the subject as Westminster continues to debate what our relationship with the EU will look like after we leave. HMRC have issued, and continue to update, guidance for businesses. We want to be […]
There are changes for both the 2019/20 and 2020/21 financial years in relation to capital taxes. We have highlighted a couple of these below. These and other adjustments are not major, however we want to encourage clients to review their capital tax position for the longer term in order to be prepared should any more […]
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. […]
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 […]