Increased fines for failure to check right to work in UK

by Jessica Garbett | Nov 14, 2023 | Business News

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA SMEs employing staff must check their records to be on the right side of the law Employers and landlords should pay strict attention to the...

Company registry scam letter alert

by Jessica Garbett | Nov 10, 2023 | Business News

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA ACCA has been made aware that members may receive a letter from a company called Company Registry asking to activate their new company...

Scams warning for 12 million Self Assessment customers – HMRC Press Release

by Jessica Garbett | Nov 3, 2023 | Tax News

In HMRCs own words – A warning to Self Assessment customers who may be targeted by criminals. Self Assessment customers are urged to be on the lookout for scam texts, emails and phone calls from fraudsters. This warning comes as HM Revenue and Customs (HMRC)...

Cautionary note around property tax avoidance scheme

by Jessica Garbett | Oct 27, 2023 | 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 warning buy-to-let landlords of scheme which involves hybrid partnerships and possible tax avoidance HMRC is cautioning buy-to-let...

Government proposes employment law changes to remove EU-derived law

by Jessica Garbett | Aug 31, 2023 | 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 considering the impact of proposed changes to employment law in a new government policy paper, as part of the government’s...

Side hustles bring in more than £22,000 a year

by Jessica Garbett | Aug 29, 2023 | 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 New data from GoDaddy suggests that side hustles generate £22,900 a year on average Side hustles can be quick and cheap to set up and they...

Is a self-employed pension crisis looming?

by Jessica Garbett | Aug 25, 2023 | Business News

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA New research suggests that 45% of self-employed workers are not saving into a pension Research by the Association of Independent...

New businesses and directors’ responsibilities

by Jessica Garbett | Aug 23, 2023 | 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 Setting up a company is now a cheap and easy process but there are governance laws that need to be understood One of the points to consider...

Dividend payment templates

by Jessica Garbett | Aug 21, 2023 | 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 The practical procedures for payment of dividend templates for board minutes, dividend vouchers and dividend waivers The payment of a...

Tax relief on company and employer pension contributions

by Jessica Garbett | Aug 18, 2023 | 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 Reasonable allowances and those on behalf of a controlling director Like any business expense, to be an allowable deduction against profits,...

Free support to boost your online security

by Jessica Garbett | Aug 16, 2023 | Business News

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA Enhance your cyber security, with London’s Metropolitan Police Apart from investigating crime and bringing criminals to justice the...

HMRC Let property campaign

by Jessica Garbett | Aug 14, 2023 | 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’s Let Property Campaign is an opportunity open to all residential property landlords (but not to companies or trusts) with undisclosed...

Cyber threats – and how to handle them

by Jessica Garbett | Aug 9, 2023 | Business News

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA Updates from the National Cyber Security Centre Increase in Gootloader infections NCSC has observed an increase in organisations across...

Support available to SMEs facing financial challenges

by Jessica Garbett | Aug 7, 2023 | 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 Business Banking Resolution Service (BBRS) has published research which reveals that two fifths (41%) of UK SMEs believe their business...

ACCA – Publication of new Code of Practice 9

by Jessica Garbett | Jul 28, 2023 | 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 powers on the use of the code and the rules on how taxpayers can report fraud where they have failed to pay the correct tax HMRC can...