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Stockport Accountants IN Accountancy are Recruiting

11th December 2018 | Written by In Accountancy | Categories : Accounts, Business, IN Team, Making Tax Digital, News, Personal Tax, Tax, Team News
Stockport Accountants IN Accountancy are Recruiting

Award winning Stockport Accountants IN Accountancy are looking for a  dynamic, forward thinking accountant with at least seven years’ experience in practice to join their growing team as an Accounts and Tax Senior. The firm has gone from strength to strength in it’s almost six years in business, having started as an additional service providing tax review and reclaim work Read the full article…


RBS Business Banking Switch Scheme

30th November 2018 | Written by In Accountancy | Categories : Accounts, Business, Limited Companies, News, Tax
RBS Business Banking Switch Scheme

If you are clients of RBS we now have more information in relation to the Business Banking Switch which will go live in late February 2019. Matthew Young, a long standing connection of ours from his RBS days, who is now with Yorkshire Bank came in to see us earlier this week and shared his insights and a great deal 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…


Making Tax Digital – Pilot Update

27th November 2018 | Written by In Accountancy | Categories : Accounts, Business, HMRC, Limited Companies, Making Tax Digital, Making Tax Digital, News, Tax
Making Tax Digital – Pilot Update

Making Tax Digital for VAT (MTDfV) is still the hot topic of the moment (aside of course from Brexit madness!), and while there has been some speculation that, under the influence of the House of Lords, roll out of MTDfV may be delayed April 2020, other evidence suggests that this is highly unlikely. HMRC has now begun writing to businesses Read the full article…


HMRC Countdown: File Your Tax Return

17th November 2018 | Written by In Accountancy | Categories : Client Focus, HMRC, Personal Tax, Tax
HMRC Countdown: File Your Tax Return

With less than 100 days until the self assessment tax return deadline of 31 January 2019, HMRC is urging taxpayers to complete their tax returns early, in order to avoid the last minute rush. The deadline for submitting 2017/18 self assessment tax returns online is 31 January 2019. An automatic penalty of £100 applies if the return is late. HMRC Read the full article…


Personal Tax Changes – Allowance and Basic Rate Band Increases

16th November 2018 | Written by In Accountancy | Categories : Budget, Client Focus, HMRC, News, Personal Tax, Tax
Personal Tax Changes – Allowance and Basic Rate Band Increases

At the Budget, the Chancellor announced that increases to the personal allowance and basic rate band for 2019/20. The personal allowance is currently £11,850. The personal allowance for 2019/20 will be £12,500. Also for 2019/20, the basic rate band will be increased to £37,500 so that the threshold at which the 40% band applies is £50,000 for those who are 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…


AUTUMN 2018 BUDGET OVERVIEW

30th October 2018 | Written by In Accountancy | Categories : Budget, Business, Client Focus, News, Pensions and Payroll, Personal Tax, Tax
AUTUMN 2018 BUDGET OVERVIEW

Autumn Budget 2018 – for “Strivers, Grafters and Carers” Budgets, as we all know, take place on Wednesdays. After the excitement of Prime Minister’s Questions, the Deputy Speaker calls ‘the Chancellor of the Exchequer’ and he – so far we have not had a female Chancellor – bounds to his feet, delivering an upbeat message about the nation’s finances and Read the full article…


Deliberate Tax Defaulters – HMRC publishes updated list

15th October 2018 | Written by In Accountancy | Categories : Business, HMRC, HMRC, Personal Tax, Tax
Deliberate Tax Defaulters – HMRC publishes updated list

HMRC has published an updated list of deliberate tax defaulters. The list of deliberate tax defaulters includes details of taxpayers who have incurred a penalty because they have either: deliberately provided one or more inaccurate documents to HMRC deliberately failed to comply with an HMRC obligation committed a VAT or excise wrongdoing. HMRC’s criteria for publishing this information also states Read the full article…