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Consultation on Extension of IR35 Rules

3rd June 2019 | Written by In Accountancy | Categories : Contractors, HMRC, Tax
Consultation on Extension of IR35 Rules

HMRC has published guidance on the extension of the off-payroll working rules (also known as IR35) to the private sector, a year ahead of its implementation on 6 April 2020. In the guidance, HMRC state that the responsibility to determine whether the off-payroll working rules apply will fall on the organisation receiving the individual’s service. It outlines a four-step process Read the full article…


April 2019 – Tax Update and News in Brief

April 2019 – Tax Update and News in Brief

At last the clocks have gone forward, days are becoming longer and some warmth is in the air (well, almost, although it didn’t feel like that from the side lines of the football pitches I was at over the weekend!!). It is also the start of the new tax year, which means there are a number of updates to which Read the full article…


How to Change Accountants… it’s easier than you think

23rd January 2019 | Written by In Accountancy | Categories : Accounts, Business, Contractors, HMRC, Limited Companies, Making Tax Digital, Miscellaneous, News, Personal Tax, Tax
How to Change Accountants… it’s easier than you think

I’ve been asked half a dozen times recently how to change accountants, with local businesses being put off moving away from poor service, mistakes or high fees because they are worried the process might be difficult, complicated or expensive. In reality it is really simple and straightforward to change accountants – my quick video below outlines everything you need to Read the full article…


IN Team Update

28th November 2018 | Written by In Accountancy | Categories : Accounts, Business, Contractors, IN Team, News, Personal Tax, Tax, Team News
IN Team Update

Those of you who have popped into the office or given us a call in the last couple of months may have noticed some new faces and voices amongst the team, so it’s probably about time we introduced them to you. Zoe, Theo and Olivia all joined at the end of the summer and have already made their mark as Read the full article…


Autumn Budget 2018 for Contractors – IR35 explained

5th November 2018 | Written by In Accountancy | Categories : Budget, Business, Contractors, HMRC, HMRC, Limited Companies, News, Pensions and Payroll, Pensions and Payroll, Personal Tax, Tax
Autumn Budget 2018 for Contractors – IR35 explained

The Autumn Budget 2018 announced that changes to off payroll working in the private sector would not be introduced before 2019/20 tax year, and even then would only apply to large and medium sized businesses. We have had questions from a number of our contractor clients who are concerned about what any changes in relation to IR35 legislation may mean Read the full article…


Contractors Almost £1,000 better off in the 2018 Budget

5th November 2018 | Written by In Accountancy | Categories : Budget, Business, Contractors, HMRC, HMRC, Limited Companies, News, Personal Tax, Tax
Contractors Almost £1,000 better off in the 2018 Budget

The changes introduced in the 2018 Autumn Budget mean that many contractors could be almost £1,000 better off under the new tax rules. We have had many queries from our contractor client about what the Autumn 2018 Budget really means for them. So, we thought it might be useful to take a moment to highlight the areas which we think will impact Read the full article…


Meet the Buyer is back – Are you looking for new business?

13th September 2018 | Written by In Accountancy | Categories : Business, Client Focus, Contractors, Events, Limited Companies, Miscellaneous, News
Meet the Buyer is back – Are you looking for new business?

Meet the Buyer is returning in 2018 on Thursday 22nd November! The popular event gives Stockport suppliers the opportunity to promote their goods and services to buyers acting on behalf of some of the largest public sector organisations from Rochdale, Stockport, Trafford and Tameside through a series of tailored appointments. Meet the Buyer events are an excellent opportunity for local small and Read the full article…


Don’t Pay HMRC More Than You Owe

10th January 2018 | Written by In Accountancy | Categories : Contractors, News
Don’t Pay HMRC More Than You Owe

But do make sure you pay on time Here’s how… STEP 1: Find your UTR Find the letter from HMRC requesting you complete a self assessment tax return, and locate your personal Unique Tax Payer’s Reference code (UTR) STEP 2: Create your Digital Tax Account If you are completing your own tax return online for the first time you will Read the full article…


Working from Home? Your guide to what you can and can’t claim…

6th December 2017 | Written by In Accountancy | Categories : Contractors, News
Working from Home? Your guide to what you can and can’t claim…

Working from Home? Your guide to what you can and can’t claim in terms of tax relief… There are a number of opportunities to obtain tax relief if you work from home. These can vary substantially dependent on the amount of time you spend in your home office, the type of work you do or business you run, and whether Read the full article…


Business mileage and tax relief explained

1st December 2017 | Written by In Accountancy | Categories : Contractors, News
Business mileage and tax relief explained

Business mileage and tax relief explained What is business mileage? How is it worked out and how do we claim tax relief on the miles we travel each year?  These are questions we hear week in, week out from local businesses in and around Stockport. If you use your own car or van for business purposes you maybe able to Read the full article…