The Making Tax Digital (MTD) for VAT deadline has been extended until October 2019 for certain businesses. Around 3.5% of mandated customers are affected, including VAT divisions and groups, trusts, unincorporated not-for-profit organisations and traders based overseas. The later deadline was announced in response to concerns raised by businesses participating in the VAT pilot scheme. […]
The 2018 Budget – delivered on a Monday for the first time since 1962 – produced a number of surprises, not least some high-profile ‘giveaways’. Announcements in the Budget included: A £650 increase in the personal allowance to £12,500 for 2019/20, the level originally pencilled in for 2020/21. A £3,650 increase in the higher rate […]
Budget 2018 In a longer than usual Budget speech, and in a slightly more jocular than usual mood, the Chancellor laid out the government’s vision for post-Brexit Britain. With a raft of measures aimed at shoring up businesses, infrastructure and the health service, Mr Hammond used the better than expected public finances to present an […]
HMRC has suffered an embarrassing setback after one of its contractors launched a claim for unpaid holiday pay, relating to work covered under the off-payroll working rules, also known as the IR35 rules. At the end of 2016, HMRC employed a marketing consultant, who was required to go onto an agency payroll. The consultant wasn’t […]
The 2018 Budget has been set for Monday 29 October, setting a deadline for speculation and proposals. Mr Hammond, however, has indicated that he won’t end the long spell of austerity measures, despite improving public finances. Proposals raised by think tanks and professional bodies include overhauls of income and inheritance tax, ‘pension tax relief simplification’, and […]
Rent a room relief The relief given has a new test for ‘shared occupancy’. This means that the lessor must be living in the property for some of the letting period, so letting out your home while you are on holiday for example will no longer attract the relief from April 2019. Entrepreneurs’ relief Entrepreneurs’ […]
X CLOSE
Accounting for Academy Schools
Audit & Assurance
Auto Enrolment
Cloud Accounting
Company Secretarial & Legal Services
Corporate & Commercial Finance
Credit Control
Financial Management Services
Management Accounts & Reporting
Payroll
Quarterly Reporting In The Digital Age
Start Up
VAT Returns
Year End Accounts
Estate Tax Planning
Powers of Attorney
Probate & Estate Administration
Wills, Trusts & Estate Planning
Fixed Fees
Capital Gains Tax
Corporation Tax
Income Tax & National Insurance
Inheritance Tax
Owner Managed Businesses
Property Taxation
Share Incentive Schemes & Share Options
Tax Avoidance & Tax Evasion
Tax Refunds For Sports Professionals
Trusts & Estates Tax Planning
VAT
Business solutions
Investment options
Mortgages
Our clients
Our people
Protecting those who matter
Retirement solutions
