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31 Mar 2021
With the new tax year approaching, you may be wondering what’s the best way of taking a director’s salary in 2021/22...
11 Mar 2021
It was a Budget that we’ve all been anxiously anticipating. Many have been expecting sky-high tax
increases or an end to certain COVID reliefs...
Do you import goods from overseas? If so, you’ll need to know about the recent changes to import
New rules which came into force on 1st December 2020 mean that HMRC can now act as a preferential
creditor for insolvent companies...
The Self Assessment deadline is fast-approaching and a year of COVID-19 has left many
businesses struggling to pay...
10 Feb 2021
Tax investigation” are two words that no business owner ever wants to hear. While you may have
nothing to hide...
16 Dec 2020
Plenty of changes are just around the corner for businesses from 1 January 2021. The UK’s formal
exit from the European Union means that businesses must do what they can to prepare for the
12 Dec 2020
A surprisingly large number of landlords in the UK are unaware of their tax obligations on rental
income. These are often referred to as “accidental landlords” and are usually those who have
bought a second property/inherited...
07 Dec 2020
While tax changes are probably the last thing on your mind right now, there may be a few things
you’ve missed in property tax changes this year.
30 Oct 2020
With the furlough scheme coming to an end, plenty of businesses and employees have been worried
about what this means for them...
As we come to the end of the year, there’s one thing that a lot of business owners forget. That’s
right, the end of the year means one thing - the Self Assessment deadline is approaching fast...
13 Oct 2020
If you are a sole trader, you have probably considered switching to a limited company before.
Exactly what this involves and the best way to do it will be covered...
There’s no doubt of the value of charities in society. Many of us have benefitted from them in
some way or another. Plenty of people try to do their...
27 Aug 2020
Closing your company isn’t as simple as handing your keys over and closing the door. You need to
make sure your limited company is officially shut down before walking away.
While this year has thrown a lot of surprises our way, we recently received some great news. We
found out that Countplus Accounting has been nominated in the Accounting Excellence Awards!
12 Jul 2020
Chancellor Rishi Sunak has announced a range of new measures in the Summer Statement in the aim to
help the UK economy recover from COVID-19.
11 Jun 2020
According to analysis from the law firm, Pinsent Masons, HMRC recovered £4.9 billion from tax
investigations into businesses during the 2018-19 period.
While many of us have a lot on our minds at the moment, there’s an important deadline coming up
fast that we’d like to remind you about.
29 May 2020
If you have been forced to work from home during the COVID-19 pandemic, did you know that you may
be able to claim for expenses?
25 Apr 2020
If you’re thinking of taking dividends from your limited company but are not sure how tax works in
relation to them, we’ve put together a quick guide for you.
Are you weighing up whether to set up a limited company or become a sole trader? This article
covers some of the main advantages of opening a limited company.
30 Mar 2020
Under the new Coronavirus Job Retention scheme, government grants will cover 80% of the salary of
PAYE employees who would otherwise have been laid off during this crisis.
28 Mar 2020
You have no doubt by now seen numerous emails from businesses fall into your email inbox regarding
23 Mar 2020
In times of crisis, there’s plenty of worry circulating so we wanted to tak...
18 Mar 2020
The Government has announced a last-minute postponement to the implementation of the Off-Payroll
13 Mar 2020
The recent Spring Budget was a budget of many firsts. It was the first Budget of a new decade...
22 Feb 2020
When it comes to starting a new business, it’s always good to have a solid plan in place...
28 Jan 2020
This North West FSB Celebrating Small Business Awards is an annual celebration of excellent small
businesses from all sectors...
The Made in Manchester Awards is an annual award ceremony to celebrate Manchester and the
surrounding area’s best business...
23 Dec 2019
Getting the right accountant can be harder than it sounds. Your accountant will be handling
sensitive financial records and be responsible for ensuring...
4 Dec 2019
We are the latest accountancy firm to join the Handpicked Accountants network, following
recognition of our outstanding accountancy support to small businesses...
29 Nov 2019
If you have taken on the brand new role of a limited company director, you may be wondering what
responsibilities are tied to this role...
21 Nov 2019
IR35 has rocked the public sector since it first came into tax law back in 2017. Now the private
sector has the same challenges to face. IR35 will hit the private sector in April 2020...
15 Nov 2019
A PAYE Settlement Agreement (PSA) enables the employer to pay the tax and National Insurance
instead of the employee on those benefits and expenses included within the PSA...
9 Nov 2019
Where property is jointly-owned, the way in which the rental income can be split between the joint
owners for tax purposes depends on whether the joint owners are married or in a civil...
25 Oct 2019
Many homeowners have taken advantage of sites such as Airbnb to let out a spare room on a
temporary basis or their whole property while they are away...
18 Oct 2019
The annual tax on enveloped dwellings (ATED) is a tax that applies, in the main, to companies
owning residential property which is valued at more than £500,000...
8 Oct 2019
Stamp duty land tax (SDLT) is payable in England and Northern Ireland on the purchase of property
over a certain price. It applies equally to residential and non-residential properties...
28 Sep 2019
21 Sep 2019
Where employees were provided with taxable benefits and expenses in 2018/19, these must be
notified to HMRC. The reporting requirements depend on whether the benefits...
13 Sep 2019
24 Aug 2019
Accounting for all the money you have spent on letting the property before the tenant moves in
often confuses landlords. For tax purposes, a property rental business begins...
13 Aug 2019
For personal and family companies it can be beneficial to extract some profits in the form of a
salary. Where the individual does not have the 35 qualifying years necessary to qualify...
3 Aug 2019
Individuals who donate to charity can do so tax-free. There are various ways of making
tax-relieved gifts to charity – the way in which the relief works depends on...
27 Jul 2019
As a general rule, employees are denied a tax deduction for the cost of travel between home and
work. Likewise, subject to a few limited exceptions, if the employer meets...
17 Jul 2019
The payment of National Insurance contributions provides the mechanism by which an individual
builds up their entitlement to the state pension and certain contributory benefits...
25 Jun 2019
When it comes to taxing rental income, not all properties are equal. Different rules apply to
properties which meet the definition of ‘furnished holiday lettings’ (FHLs)...