ACCA: Government publishes new guidance for employers on reducing respiratory diseases in the workplace

by Jessica Garbett | Jun 15, 2022 | Business News

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA The new code takes into account new Covid-related laws covering arrears Landlords and tenants of commercial property in England and Wales...

ACCA – What businesses new to MTD for VAT need to know

by Jessica Garbett | Jun 10, 2022 | Business News

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA Making Tax Digital now applies to all VAT-registered businesses From April 2022, Making Tax Digital for VAT requires all VAT-registered...

ACCA – Online end-of-year expenses and benefits service decommissioned

by Jessica Garbett | Jun 6, 2022 | Tax News

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA HMRC is advising employers to use its PAYE Online service Until this year, employers had three ways to submit P11D returns electronically:...

Cybersecurity update from NCSC

by Jessica Garbett | May 31, 2022 | Business News

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA Tips to protect your business, including how to strengthen passwords The National Cyber Security Centre (NCSC) continues to offer guidance to...

How changes to corporation tax will impact associated companies

by Jessica Garbett | May 24, 2022 | Tax News

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA A detailed look at changes from April 2023 From 1 April 2023, companies with taxable profits over £250,000 will pay corporation tax at the...

Extended loss carry back guidance updated

by Jessica Garbett | May 10, 2022 | Uncategorized

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA A summary of changes made to the guidance As explained in our previous article, traders and companies incurring losses between April 2020 to...

Ukraine: tax relief and guidance

by Jessica Garbett | May 3, 2022 | Business News, Tax News

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA A useful summary for arrivals Homes for Ukraine No tax to pay on £350 ‘thank you’ payments Legislation will be introduced to exempt the £350...

Getting Your 2022 Year End Tax & Accounts To Us

by Jessica Garbett | Mar 30, 2022 | Uncategorized

5th April sees the end of the 2021-22 Tax Year. Additionally many of our clients have 31st March business year ends. Here are some handy points for our clients around getting things to us.   What Do We Need? Self Assessment We need a Self Assessment Questionnaire...

Spring Statement 2022

by Jessica Garbett | Mar 23, 2022 | Business News, Comment, Tax News

On 23 March 2022 The Chancellor, Rishi Sunak, delivered his Spring Statement. Normally this could have been expected to be a uncontroversial update on Economy, Growth and Public Finances, however the triple background of recovery from the Covid Pandemic, rising costs...

ACCA- MTD for ITSA: start preparing your business

by Jessica Garbett | Mar 16, 2022 | Tax News

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA Making tax digital (MTD) for income tax self-assessment (ITSA) will impact many businesses. Here’s what you need to know MTD for ITSA was...

National Minimum Wage and Living Wage – increases from April 2022

by Jessica Garbett | Mar 15, 2022 | Business News

The National Minimum Wage and National Living Wage – the terms are near enough synonymous – increased from the start of April. The new rate for staff over 23 is £9.50 / hour with lower rates for younger staff. Read our Guide to NMW/NLW

ACCA – New law: employers prepare for online-only ‘right to work’ checks for certain non-British nationals

by Jessica Garbett | Mar 9, 2022 | Business News

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA Employers are preparing for new rules requiring them to go online to check the right of certain non-British job candidates to work in the UK,...

ACCA – HMRC raises late payment interest rate again

by Jessica Garbett | Mar 4, 2022 | Tax News

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA Following a base rate rise, HMRC has raised the rate by 0.25% Following the December 2021 announcement on the previous rate rise, HMRC has...

ACCA – Making Tax Digital for VAT is coming ― are you ready?

by Jessica Garbett | Mar 2, 2022 | Tax News

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA VAT-registered businesses have just one month left to register for MTD In July 2020, it was announced that all VAT-registered businesses must...

Getting Ready For Tax Year End

by Jessica Garbett | Feb 28, 2022 | Tax News

The end of the 2021/22 Tax Year will be with us in just over a month.  For many business owners and self employed, this is also the end of the business accounting year. For many business 2021-22 wasn’t a great year – decreasing levels of government...