Latest News

Spring Statement - Predictions and Hopes

Spring Statement predictions and hopes... 

New Welsh Rate of Income Tax

With devolution comes different rates and ways of operating the tax system for our employees. However, unlike Scotland (SRIT) the Welsh Government only have powers to amend the rates of Income Tax and not the thresholds. The new powers come into force from 6 April 2019 but thankfully for the 2019/20 tax year, the rates will remain i.e. 20%, 40% and 45% as per the rest of the UK.  

Tech, Talent and Trade for Manufacturers

Learn about manufacturing trends, challenges and opportunities, including R&D Tax Credits and Capital Alllowances at 3MB Innovation Centre Huddersfield.

Meet our entrepreneurial clients Bruce and Luke

Clients Bruce Brown and Luke Jackson are an entrepreneurial duo from Carlisle whose self-named brand ‘Bruce and Luke’s’ includes Foxes Café, Coffee Genius, Bruce and Luke's Donuts and also their coffee supply and mainentance service.

What does the 2019/2020 tax year look like for payroll?

Payslips – New Legislation

New payslip legislation will come into force from April 2019.  The legislation will require all employers to provide a payslip to all ‘workers’ and to show hours on payslips where their pay varies by the amount of time worked. 

SRA Accounts Rules compliance: Banking Facilities and Residual Balances

Legal Sector Audit & Assurance Director, Huw Nicholls, answers the most common questions around SRA Accounts Rules complaince, particularly around residual client balances and rules on providing banking facilities.

Partners’ Personal Expenses – Tax Update for Doctors

HMRC reviewed partnership expenses. Doctors in partnership can still claim expenses incurred ‘wholly and necessarily’ on behalf of the partnership and can be adjusted via the tax computation and return.

Did you miss the tax deadline? What to do - and not to do - now

What to do if you missed HMRC's tax return deadline on January 31st. Take action now to avoid further penalites and be prepared for next year

What does your food and drink business need to do with Making Tax Digital?

Is your food and drink business ready for HMRC's Making Tax Digital inititive coming into force on 1 April 2019.

SRA Accounts Rules compliance: Accountant's reports

Legal Sector Audit Partner, Huw Nicholls, answers the most common questions around SRA Accounts Rules complaince, particularly around reporting accountants and protecting yourself as the COFA