Numbers

You may have missed that 2018 saw the first National Numeracy Day in the UK. No need to miss out again as it takes place again this year on May 15. Click Here https://www.numeracyday.com/ Many of our clients will profess to not being paper-work people.  Not a problem as it is part of what we… Continue reading Numbers

UK-EU border changes and how this may affect the importing of goods

The countdown continues! As things stand, the UK will no longer be a member of the EU at some point in the near future.  This means that UK businesses that have only traded inside the EU may need to follow the same procedures used for trading outside the EU. In order to keep imports up… Continue reading UK-EU border changes and how this may affect the importing of goods

MTD for VAT – Are you ready?

From April 2019 VAT registered businesses and organisations with taxable turnover above the VAT threshold of £85,000 are required to maintain their accounting records digitally in a software product or spreadsheet and also submit their VAT returns to HMRC using compatible software. Here are a few programmes that are compatible with MTD for VAT: XeroSage… Continue reading MTD for VAT – Are you ready?

Get help with saving.

If you are entitled to Working Tax Credit or are receiving Universal Credit, or know someone who is, then this could be for you. The “Help to Save” is a type of savings account; it allows people who are entitled to Working Tax Credit or receiving Universal Credit to get a bonus of 50p for every £1… Continue reading Get help with saving.

Tax Refund Scams – What to look out for

Now that the Tax Return season has ended you may receive an email claiming you are due a tax refund. Be aware that it’s a scam to steal your personal details. Criminals are targeting the millions of people who file Self-Assessment Tax Returns online. The fraudsters are sending fake emails purporting to be from HMRC… Continue reading Tax Refund Scams – What to look out for

Law changes on tips for waiters

Restaurant owners are now banned from deducting money from tips earned by waiters and other staff. Tips can be paid to employees using the following methods: Cash received direct from a customer This is an allowable method of receiving tips, however the person receiving the tip is responsible for declaring and paying tax on the… Continue reading Law changes on tips for waiters

Spring Statement 2019: What you need to know

The Chancellor has presented his Spring Statement to Parliament – here's our summary of what he said. The UK economy continues to grow, with wages increasing and unemployment at historic lows, providing a solid foundation on which to build Britain’s economic future. Borrowing and debt are both forecast to be lower in every year than… Continue reading Spring Statement 2019: What you need to know