Please be aware that Michael and I are away for our summer holiday from close of business Friday 5th July and will return on Monday 22nd July. The office will remain open, with Ania here as normal from Tuesday to Friday 9.30am to 2.30pm.  If you need to drop off any paperwork outside these hours,…

There has been a great deal of concern among accountants, with regard to MTD and digital record keeping, when considering those clients who receive large numbers of invoices from single suppliers,  such as builder’s merchants or drugs companies. VAT returns for those clients have historically been prepared based on the supplier statements ( often a…

We are nearly at the end of the tax year – 5 April 2019 is looming. There is still a little time for you to reduce your tax liabilities – some of the options that may be available to you are –   – perhaps making a lump sum payment into your pension – making…

We are continually being asked by clients which software we would recommend for Making Tax Digital.  This is a very difficult question to answer because what seems straight forward to use for an accountant may not seem straight forward for a person with no accountancy knowledge. Accounting Web have helpfully set up a software review…

This April will see the start of increased pension contributions for employers and their staff. The total minimum contribution will rise from 5% total to 8%. Increasing minimum contributions should be a straightforward task for employers but there are checks they will need to make with their pension and payroll providers to ensure their staff are receiving the…

HMRC  have published their latest letter to UK businesses that trade only with the EU with details of important actions they need to take and changes to be aware of in the event of the UK leaving the EU without a deal. It is their third letter to businesses on preparing for the UK leaving the EU. The…

Wishing all our clients, friends and family a really wonderful, happy, healthy and prosperous New Year!   Hope you all had a great Christmas!

I cannot believe I am contemplating the ‘C’ word (Christmas!) but just to give everyone notice … Our office will be shut from close of business Friday 21st December and will re-open on Monday 7th January 2019. We would like to thank all our customers for their business year and wish you all a really…

Apparently HMRC has finally began communicating with businesses about Making Tax Digital (MTD) by sending its first ‘wave’ of 20,000 letters to affected businesses, supposed to be hitting our doormats today!  Another 180,000 letters will be issued next week. The delay in contacting businesses directly about MTD for VAT has apparently been that HMRC wanted…

Were you on the edge of your seat? … Desparate to hear what was going to happen in the budget? .. Or did you just hear the figure of “£130 better off” for basic rate tax payers. Please see below a brief synopsis of the main points of the budget. You can decide for yourself…