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Payroll News 2024/5

Payroll News With the new tax year approaching fast, our Payroll news for 2024 below is a summary of information that will affect your payroll in 2024/25. Please take a moment to check the details as action may be needed…

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Furnished Holiday Lets Tax Regime Abolished Signified By Model House With Woooden Block Saying Tax

Furnished holiday lets tax regime abolished

In the 2024 budget, the Government has announced the furnished holiday lets tax regime will be abolished from April 2025 Several announcements in this week’s budget will affect property owners. Please take a moment to see if these affect you…

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Chancellor Holding Up Red Briefcase

Spring Budget 2024

Chancellor Jeremy Hunt delivered his ‘Budget for Long Term Growth’ on Wednesday 6 March 2024. His speech promised ‘more investment, more jobs, better public services and lower taxes’. Lowering taxes The Chancellor made further changes to National Insurance contributions (NICs),…

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Computer Screen Showing Stocks Crashing In Value Leading To Negligible Value Claims

Negligible value claims for shares

What are negligible value claims for shares and why do they matter to you? Have you purchased shares in a company which have ended up being worthless whilst you have owned them? If yes, you may be able to make…

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Woman With Head In Hands At Computer Trying To Sort Accounting Errors

Top five accounting errors

Accounting errors and how to avoid them Accounting errors are all too frequent which can have a detrimental impact upon any business. From incorrect financial statements affecting business decisions to penalties from HMRC, errors must be avoided at all costs.…

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Self-assessment Tax Deadline Written On Alarm Clock

Self-Assessment Tax Due Date 2024

Have you paid your tax liability for the year ended 5 April 2023? This a reminder that any unpaid Self-Assessment tax for the year ended 5 April 2023 is due by 31 January 2024. If your total liability was over…

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Green Sign With Import And Export Relaing To VAT On Imports

Accounting for VAT on Imports – C79 and PVA

Businesses in the UK must pay import VAT on goods worth more than £135, since Brexit, this has included goods imported from the EU. Due to the potential cashflow implications this may have on businesses HMRC introduced an alternative to…

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Autumn Statement 2023

The Autumn Statement 2023

On 22 November 2023, Jeremy Hunt delivered the ‘Autumn Statement for Growth’. Against an improving economic backdrop, the Chancellor is keen to stimulate economic growth and highlighted 110 measures for businesses. In addition, there were significant statements relating to National…

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We're Hiring

New Vacancy for a PA to Join our Firm

Due to continued expansion, we have an exciting role to join our firm as a Personal Assistant (PA) to one of our Senior Accountants. The role is ideal for anyone with existing PA experience looking for a new challenging role…

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