Tax News & Newsletters

Tax News & Newsletters

Insider - May 2017

Read more from the Insider 2017  Read more...

April 2017 Insider

April 2017 Insider Read more...

Taking the next STEP

OWNERS of family businesses and people with a high net worth will find putting their affairs in order to be less taxing thanks to one of the best qualified practitioners in the country. Read more...

Proposed rise in Class 4 NICs scrapped

Chancellor of the Exchequer Philip Hammond and Prime Minister Theresa May have confirmed that these increases will not now take place and that there will be no increase in NICs rates this Parliament. Read more...

Budget in Brief

Spring Budget 2017 key tax announcements made on 8 March. Read more...

February 2017 Insider

February 2017 Insider Read more...

Warning on Scams Targeting Taxpayers

It has recently come to our attention that fraudsters are targeting taxpayers  Read more...

January 2017 Insider

January 2017 Insider Read more...

December 2016 Insider

Insider December issue Read more...

November 2016 Insider

November Insider Read more...

October 2016 Insider

VAT after Brexit Employee benefits and rewarding staff and more Read more...

September 2016 Insider

The September edition.... Read more...

August 2016 Insider

The August edition... Read more...

July 2016 Insider

The July edition of our tax newsletter... Read more...

June 2016 Insider

The June edition... Read more...

Pension Allowance....are you aware of the reduction?

Up until 5 April 2016, an... Read more...

SME’s are missing out on £m’s of tax reliefs

Recent research from Direct Line and Enterprise Nation suggests that... Read more...

Business Premises Renovation Allowance.....is coming to an end

The Business Premises Renovation Allowance (BPRA) was introduced... Read more...

May 2016 Insider

The May edition of our tax newsletter... Read more...

Our tax experts warn of tax penalties

As a leading firm of chartered accountants and tax advisers we are warning... Read more...

Forms P11D – Common Errors

In many cases, we assist client’s to fill in the end of year P11Ds to... Read more...

Tis the season to be......Self Assessing......

It’s that time of year that... Read more...

Too trivial to cause a tax liability?

A statutory exemption has been introduced for... Read more...

April 2016 Insider

The April edition of our tax newsletter.. Read more...

Annual Tax on Enveloped Dwellings (ATED) – Is your company liable?

The tax charge was only payable by... Read more...

Scottish taxes from 6 April 2016

Are you affected? Read more...

STOP THE PRESS – opportunity to reduce a previous capital gains tax liability??

At the 2016 Budget, the Chancellor announced... Read more...

Gift Aid – Are you aware of a tax charge slipping under the radar?

Whilst there has been much coverage... Read more...

Tax Savings? But I’m just an employee....

A lot of people make the mistake... Read more...

Last minute planning?

As the end of the tax year approaches... Read more...

Company Law - new rules from 6 April 2016

From 6 April 2016 changes come into force which affect... Read more...

March 2016 Insider

The March edition of our tax newsletter with domicile and residence and salary or dividend updates. Read more...

Higher Rate Tax Relief for Pensions

could this year’s budget signal the end? Read more...

Planning for discretionary trust income?

As you'll be aware from recent press... Read more...

Are you “throwing away” tax?

As the end of the tax year approaches and a new one begins... Read more...

Last chance saloon for director-shareholders!

If you own shares in your own company, read on... Read more...

Corporate distributions – changes are coming!

As you may be aware... Read more...

Accidental landlords at risk of tax increases

Due to the measures announced last year... Read more...

Alison joins our forward thinking tax team

We are delighted to welcome a new senior tax manager to our team... Read more...

February 2016 Insider

The February edition of our tax newsletter with minimising corporation tax and travel and subsistence updates. Read more...

Pension Tax Relief – Going, Going, Gone?

Due to recent changes in Legislation... Read more...

The end is nigh....

The end is nigh.... Read more...

Where is your estate going?

Many taxpayers who still don’t have the necessary paperwork in place... Read more...

Can a spring clean save you tax?

As Spring approaches... Read more...

Wear and Tear Allowance – the last hurrah?

“Wear and tear” allowance is a tax deductible cost... Read more...

January 2016 Insider

The January edition of our tax newsletter with business structure and retirement planning updates. Read more...

Top ten tax tips for healthy 2016

As we draw a close on 2015... Read more...

Taking on employees

Taking on your first employee is an exciting time... Read more...

Budget 2016!

No sooner had we digested the announcements... Read more...

Are HMRC watching your Facebook account?

It has been suggested... Read more...

Happy Birthday to Capital Gains Tax! But changes are afoot....

Capital Gains Tax celebrated its 50th birthday this year. Read more...

December 2015 Insider

The December edition of our tax newsletter with minimising inheritance tax and self assessment updates. Read more...

State Pension lump sums – a tax saving opportunity?

If you are entitled to your state pension... Read more...

HM Revenue & Customs Service Levels

You may have read the recent press reports... Read more...

Tax Returns – the deadline is coming!

A gentle reminder! Read more...

HM Revenue & Customs tax payment and refund changes

HMRC are to introduce a new system for processing tax refunds... Read more...

November 2015 Insider

The November edition of our tax newsletter with employee share scheme and property and tax updates. Read more...

HMRC to make claiming research and development tax relief easier!

What’s the latest? Read more...

Self Assessment deadline is close

Self Assessment deadline details... Read more...

Payrolling benefits-in-kind

Information about upcoming changes... Read more...

Inheritance Tax Tips

Last month we published an article... Read more...

Last chance to save some tax?

As we head into the winter months thinking of the forthcoming festivities... Read more...

October 2015 Insider

The October edition of our tax newsletter with rewarding your staff and running a payroll updates. Read more...

Inheritance Tax is on the rise.....

HMRC have published the latest statistics (see link below) in respect of Inheritance Tax (IHT) receipts and have confirmed that they have collected £3.8bn in 2014/15 which is a rise of nearly 12% on the previous year. Read more...

Annual Investment Allowance (AIA) – a reduction is imminent for purchases of plant and machinery!

The purchase of plant and machinery by a business is regarded as a capital cost for tax purposes and the tax relief for the acquisition of plant and machinery can only be claimed under the capital allowances rules. Read more...

It’s an allowance, but not as we know it!

Taxation of dividends is changing from April 2016. Read more...

Research & Development Tax Relief claims on the rise

HM Revenue & Customs (HMRC) have recently released the latest statistics on the tax relief known as Research & Development (R&D)  Read more...

Warning over HMRC tax calculations

Warning over HMRC tax calculations Read more...

September 2015 Insider

The September edition of our tax newsletter with HMRC Investigation and Understanding dividends updates Read more...

August 2015 Insider

The August edition of our tax newsletter with Accounting for Change and Making the most of your savings updates Read more...

Simplification of termination payments – share your view

On 24 July 2015, HM Revenue & Customs produced a consultation on simplifying the tax and national insurance treatment of termination payments. Read more...

Are you unknowingly overpaying national insurance?

You may be paying too much national insurance! Read on to find out more..... Read more...

Are you affected by the new employment intermediaries rules?

In April 2015, HMRC introduced new reporting requirements for employment intermediaries where payments are made to workers without the deduction of PAYE and National Insurance. Read more...

Are you turning down free finance from HMRC?

We all know how hard it is to obtain finance, especially post 2007, but if your company is in the field of manufacturing, engineering, science, IT or technology then you could be missing out on free cash from the Government in the form of research and development (R&D) tax relief regardless of whether the company is profitable or not! Read more...

STOP THE PRESS – Shareholding company directors – read on.....

If you were walking past one of our offices on Budget day and heard a loud bang, it was the collective thud of jaws hitting the desk as the Chancellor announced the changes to the taxation of dividends. Read more...

STOP THE PRESS – Landlords!! A must read!

Do you own residential buy to let properties? Do you have a mortgage on the properties? Are you a higher rate tax payer?  Read more...

Are you employed or self employed....?

In most instances, the answer to the above question is quite clear, however there are some instances where the lines between employment and self employment are blurred.  Read more...

A new Scottish income tax.....

For those of our client’s that are resident north of the border, in bonny Scotland, they may be interested to learn that a new rate of income tax may apply to them from 6 April 2016. Read more...

Clive Owen July 2015 Tax Card

Summer Budget 2015 – your latest tax rates card Read more...

July 2015 Insider

The July edition of our tax newsletter with UKGAAP and Financing your Business updates Read more...

Budget - NE business owners want tax and red tape reductions

NORTH EAST business owners want to see reductions in tax and red tape in the upcoming Budget to help their businesses grow, a survey has shown. Read more...

June 2015 Insider

The June edition of our tax newsletter with auto enrolment and improving cashflow updates Read more...

Capital Allowances and Commercial Buildings

The commercial buildings capital allowances landscape has changed many times over the past few years Read more...

Associated companies – Quarterly Instalments of Corporation Tax

Due to the unification of the main and small corporation tax rates at 20%, from 1 April 2015, it was necessary for the Government to change some rules regarding quarterly installment payments. Read more...

Newsflash for all employers – deadline approaching!

The deadline for filing forms P11D (the return of benefits in kind and expenses) is rapidly approaching. If you provide employees or directors with any benefits in kind (such as the benefits below), then forms P11D will need to be completed and submitted to HMRC.  Read more...

Annual Tax On Enveloped Dwellings (ATED)

(ATED) Read more...

May 2015 Insider

The May edition of our tax newsletter with estate planning and forecasting updates Read more...

Tax year kicks off with ten top money saving tips

With the new tax year upon us – here are our top ten tax tips. Read more...

April 2015 Insider

The April edition of our tax newsletter with capital gains tax planning and VAT updates. Read more...

Childcare tax relief is changing....

In Autumn 2015, the Government will launch “Tax-Free Childcare” to help with the cost of childcare. Read more...

Employer reporting requirements for 2014/15

As the new tax year dawns, it is important to remember the upcoming deadlines for employer returns to HMRC in the coming months. Read more...

Are you overpaying tax on your interest income?

If a UK resident and domiciled taxpayer earns less than £10,600, they are not required to pay any UK tax on their income. For the current tax year to 5 April 2016. Read more...

Dividend paperwork – the importance of getting it right!

Dividends are a popular way for the owner of an owner managed business to draw monies from the company due to the tax efficiency of dividends. Read more...

Marriage allowance – are you eligible?

From 6 April 2015, many married couples will be eligible for the new marriage allowance, which will help save up to £212 every tax year Read more...

March 2015 Insider

The March edition of our tax newsletter with tax planning and travel subs updates. Read more...

Capital allowances – will he or won’t he.....

Although we are only just entering the third month of 2015 (where did the last two months disappear?), thought should be given to maximizing your capital allowances claim for the current calendar year. Read more...

Regional accountants publish UK Technology Business Barometer

We are delighted to publicise the results of the UK Technology Business Barometer from quarter 4 , 2014. Read more...

February 2015 Insider

The February edition of our tax newsletter with minimising corporation tax update. Read more...

Top ten tax tips for a healthy 2015

As with any New Year, come resolutions – what about your business! Read more...

January 2015 Insider

The January edition of our tax newsletter with capital allowances and tax and financial planning for individuals updates. Read more...

VAT “Mini One Stop Shop” (MOSS)

There is a very important change coming into force in respect of the VAT place of supply rules where a business supplies E-services to non-business consumers. Read more...

Unique partnership helping companies to cut their tax bill

A North-Yorkshire building products manufacturer has recouped nearly £45,000 it invested in cutting-edge research thanks to our unique partnership with Teesside University. Read more...

December Insider

The December edition of our tax newsletter with retirement planning and tax and your business updates. Read more...

Christmas is coming, the goose is getting fat......

.....please do not put a penny in the taxman’s hat.  Read more...

Voluntary national insurance

Paying the Government monies voluntarily may not be as foolish as you think! Read more...

November Insider

The November edition of our tax newsletter with company car tax and reducing personal tax updates. Read more...

October Insider

The October edition of our tax newsletter with salary vs dividend and safeguarding your estate updates. Read more...

Lasting Power of Attorney

New information about LPOA's Read more...

September Insider

The September edition of our tax newsletter with financial planning and subsistence updates. Read more...

Tax Man to Target Landlords

HM Revenue and Customs (HMRC) are targeting landlords... Read more...

Welcome to our new tax manager

We are delighted to welcome Lee Watson to the firm. Read more...

Business rates handcuffing business growth

BOSSES at a North East accountancy firm are urging businesses to sign a Downing Street e-petition which is demanding a total re-think on business rates. Read more...

Update on changes to tax rules on company cars

HMRC recently announced two new rules to counter some car and van schemes that they consider to be unfair tax avoidance. Read our article to find out when they will take effect and what you need to do. Read more...