Government publishes draft paternity leave regulations

by Jessica Garbett | Mar 1, 2024 | 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 can now check the details of proposed changes to employees’ rights to paternity leave following publication of new draft...

Revised statutory code on flexible working requests

by Jessica Garbett | Feb 28, 2024 | 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 will welcome an updated version of the statutory ACAS code on requests for flexible working Aimed at helping employers and...

UK company law updates

by Jessica Garbett | Feb 27, 2024 | Business News

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA Latest guidance from Companies House on upcoming changes following ECCTA Companies House is aiming to introduce the first set of changes...

Fee Indexation – 2024 year ends

by Jessica Garbett | Feb 26, 2024 | YogaTax News

Some clients will recall back in 2022 we introduced annual Fee Indexation in order to regularise our previously ad hoc policy. At the time we started with a 3% increment and said “our intention is to remain at 3% for the next few years, subject to annual review...

Double Cab Pick-ups – Changes Announced and Withdrawn

by Jessica Garbett | Feb 26, 2024 | Tax News

A rather bizarre situation recently. HMRC recently announced a change in how Double Cab Pick-ups were classified for Income Tax purposes in respect of (a) Capital Allowances and (b) Benefit in Kind Charge, the changes were to apply from 1st July 2024, and would...

Companies House Reform – Some Updates

by Jessica Garbett | Feb 26, 2024 | Business News

Economic Crime and Transparency Act 2023 Under the Economic Crime and Transparency Act 2023, there are some changes to procedures at Companies House.  These are being phased in. From 4th March 2024 (subject to Secondary Legislation being approved): PO Boxes can no...

New guidance for employers on holiday rules

by Jessica Garbett | Feb 23, 2024 | 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 will welcome publication of new government guidance on holiday pay laws for ‘part-year’ and ‘irregular-hours’ workers Following on...

Brushing up on pension contributions

by Jessica Garbett | Feb 21, 2024 | Tax News

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA Get your end-of-year planning in place Provided that a contribution to a registered pension scheme meets the test of ‘wholly and exclusively...

Tax Repayment Agents – ASA and HMRC enforcement notice

by Jessica Garbett | Jan 29, 2024 | Tax News

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA Efforts are being made by HMRC to improve the tax repayment agent market In a bid to raise standards in the tax repayment agent market, the...

Personal allowance claims for non-residents

by Jessica Garbett | Jan 26, 2024 | Tax News

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA Guidance around thresholds and eligibility to Personal Allowances for Non Residents rental income savings interest wages. If you’re eligible...

Is a fine tax deductible?

by Jessica Garbett | Jan 25, 2024 | Tax News

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA Reviewing the circumstances where a fine can be tax deductible Advisers generally agree that when a penalty or fine serves the purpose of...

HMRC sets out consultation on new draft regulations for MTD

by Jessica Garbett | Jan 22, 2024 | Tax News

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA Draft legislation and notices have been issued HMRC has set out draft legislation and notices following announcements in the Autumn Statement...

Bank dispute resolution service extends into 2024

by Jessica Garbett | Jan 19, 2024 | Business News

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA Business Banking Resolution Service will continue to operate The Business Banking Resolution Service (BBRS) has informed ACCA that it will...

Updates from Companies House

by Jessica Garbett | Jan 17, 2024 | Business News

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA Including answers to questions around the Economic Crime and Corporate Transparency Act Changes to UK company law The Economic Crime and...

Changes to National Insurance contributions from 6 January 2024

by Jessica Garbett | Jan 17, 2024 | 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 rates tables updated As mentioned in our recent Autumn Statement Summary, class 1 NIC contributions were cut with effect from 6 January...