The likelihood of a no-deal Brexit seems to be increasing day-by-day and so businesses must prepare themselves for the potential fallout out if no new agreement can be reached. To help you prepare for a potential no-deal Brexit, we have prepared a simple checklist to help you plan. This guide is intended to summarise the […]
According to new research from UK Finance, more people are saving their money in easy access savings accounts. The industry body found that deposits held in instant access accounts in June 2019 were 2.5 per cent higher than the same month a year ago. The data in the latest Household Finance Update also showed that deposits […]
In a bid to make UK homes more efficient, the Government is offering funding to the financial sector to help with the development of green mortgages. The new mortgage product is part of the Green Finance Strategy and would give customers discounted mortgage rates once they have upgraded the energy rating of their home. The […]
From 30 November 2019 savers will no longer be able to make new applications for the Help-to-Buy ISA. The short-lived ISA has helped many people on to the property ladder but after this date, no new applications can be made, while existing account holders will only have until December 2030 to claim the 25 per […]
HMRC has updated their list of examples of websites, emails, letters, text messages, WhatsApp messages and phone calls used by scammers and fraudsters to obtain an individual’s personal information. The guidance can be used to help you decide if a contact from HMRC is genuine and provides examples of the different methods that fraudsters use […]
Data published by the Office for National Statistics (ONS) has revealed that UK wage growth increased to 3.6% in the year to May 2019, the highest rate since the financial crisis in 2008. According to the ONS, wages have been rising faster than inflation since March 2018 and that increases to the National Minimum Wage […]
The Federation of Master Builders (FMB) is warning that a major change in the way that VAT is accounted for in the building and construction sector which takes effect later this year may cause chaos. The VAT domestic reverse charge for building and construction services applies from 1 October 2019. It is an anti-fraud measure […]
The government is reminding working parents that they could ease this summer’s childcare costs by using Tax-Free Childcare (TFC). The scheme is worth up to £2,000 a year for each child and allows parents to save regularly for childcare costs. For each £8 saved the government will make a top-up payment of £2. The money […]
The government published draft legislation for the next Finance Bill including draft clauses on the changes to Private Residence Relief (PRR). The draft legislation is subject to consultation which closes on 5 September 2019. Following consultation this Spring, changes are proposed to the Private Residence Relief (PRR) regime from April 2020. For properties that have […]
From 6 April 2020, insolvency legislation will be amended to move HMRC up the creditor hierarchy for the distribution of assets in the event of insolvency by making HMRC a secondary preferential creditor in respect of certain tax debts held by a business (this includes individuals and partnerships) on behalf of their customers and employees. This includes […]
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