Staff and partners at Weybridge-based Chartered Accountants TWP have commemorated the retirement of their colleague Graham Carter earlier this year with a belated surprise celebration party. Graham qualified as a Chartered Accountant in 1974, and worked for one of the UK’s top 10 accountancy firms, BDO Stoy Hayward, before going into Practice as Walsh Carter […]
Businesses seeking investment in machinery and equipment will be delighted to hear that the annual investment allowance (AIA) has been increased to £200,000. Currently business are allowed to deduct up to £500,000 from pre-tax profits towards the cost of investment in new equipment, but this amount was set to plummet to £25,000 at the start […]
Two out of five adults who do not take professional financial advice say it is because they are confident they can make the best financial decisions for themselves, a new study has found. Research carried out for the 2015 Value of Advice report from insurers MetLife and unbiased.co.uk, which enables consumers to find professional advisers, […]
The number of buy-to-let (BTL) mortgage deals on the market has hit a seven-year high, according to comparison site Moneyfacts. Figures released on 25 August revealed that there are now 1,011 BTL mortgage deals available, the highest figure since April 2008 and up from 681 at this point last year. The cost of BTL mortgages has also […]
A multi-agency task force is urging savers to be on the alert for pension scammers. Organisations including the Department for Work and Pensions, the Pensions Regulator, the Financial Conduct Authority, HM Revenue & Customs and the National Crime Agency are working together to tackle the problem. They issued the warning on 27 July and called […]
Date What’s Due 1 September Corporation tax for year to 30/11/14 19 September PAYE & NIC deductions, and CIS return and tax, for month to 5/9/15 (due 22 September if you pay electronically) 1 October Corporation tax for year to 31/12/14 19 October PAYE & NIC deductions, and CIS return and tax, for […]
A further consultation taking place this summer is into the simplification of the tax and national insurance treatment of termination payments. There is a widespread but mistaken belief amongst employees and employers that the first £30,000 of any pay-off is not subject to income tax and NICs. This often leads to difficulties when employees discover […]
The government is also proposing to remove tax relief for ordinary commuting (in general, home-to-work travel) for workers who are: supplying personal services engaged through an employment intermediary (including PSCs); and subject to (or to the right of) the supervision, direction or control of any person The effect of this will be that individuals whose […]
In the Summer 2015 Budget the government announced that HMRC would start a dialogue with businesses on how to improve the effectiveness of the existing intermediaries legislation. HMRC will engage with stakeholders over the next few months to explore options to make the legislation more effective in protecting the Exchequer and levelling the playing field […]
As announced in the spring 2015 Budget, a new personal savings allowance will be introduced from 6 April 2016. This will be £1,000 a year tax free for basic rate taxpayers and £500 a year for higher rate taxpayers, but nil for those with income over £150,000. As a consequence, tax will no longer be […]
The quality of our advice has seen us accredited with coveted Platinum Partner status by Xero – a leading provider of accounting software.
The quality of our advice has seen us accredited with Gold Partner status by FreeAgent – a leading provider of accounting software.
Request a call back