01983 614108

Ten Year End Tax Tips

by | Mar 8, 2021 | Tax News

The end of the tax year is creeping up on us, although for many people finishing, or at least paying for,  the previous tax year is still a current memory.   This time of year there are often articles in the newspapers about saving tax, but often it seems these...

ACCA – Budget Income tax roundup

by | Mar 5, 2021 | Tax News

Here’s our guide to the changes for 2021, including a personal allowance freeze and Covid-related exemptions  Income tax rates remain unchanged but personal allowance will be frozen for five years Personal allowance will rise to £12,570 from April 2021. It will...

Spring 2021 Budget – First Thoughts

by | Mar 3, 2021 | Covid-19, Tax News

Our first thoughts on todays budget.  As always these thoughts are “hot of the press” from our review of budget documents published today, and as is often the case there will be some loose ends that will clarify over coming days. As always these thoughts...

Email Routing Outage from our Website

by | Feb 4, 2021 | YogaTax News

We’ve identified a problem today whereby some contact submissions from our website between today and early January have not been delivered to us.  This was an intermittent issue, hence it not coming to light earlier. If you have contacted us via our website in the...

Brexit: Summary for VAT impacts

by | Jan 29, 2021 | Tax News

The UK exited the EU VAT regime, Customs Union and Single Market from 1 January 2021. This means the loss of a range of compliance simplifications and the imposition of customs declarations, goods regulations, services and import VAT. A Brexit Trade and Cooperation...

Covid-19 grants for closed businesses

by | Jan 27, 2021 | Covid-19, Tax News

The Local Restrictions Support Grant (LRSG (Closed)) supports businesses that have been required to close due to temporary local restrictions. Businesses that were open as usual and were then required to close due to local Tier 2 or Tier 3 restrictions may be eligible...

Deadline looms for third SEISS grant

by | Jan 22, 2021 | Covid-19

A refresher from ACCA on what you need to know to make a claim.   Applications for the third grant for the self-employed opened from 30 November and claims must be made by 29 January 2021. The third taxable grant is worth 80% of the applicant’s average monthly...

Covid-19 – latest updates to CJRS guidance

by | Jan 22, 2021 | Covid-19

A refresher from ACCA on the CJRS, more commonly known as Furlough, which is extended until the end of April 2021.   Coronavirus Job Retention Scheme (CJRS) In response to the most recent lockdown measures, the CJRS has been extended until the end of April 2021....

Income tax and deductibility of expenses

by | Jan 20, 2021 | Covid-19, Tax News

ACCA on Revisiting a case where not everything charged in the profit and loss account of a trade, profession or vocation is an allowable deduction for tax purposes.   At this time of year, you tend to remember cases which influence what you can claim. Here we revisit...
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

To review our full Privacy and Cookie Policy please click here.