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Tax Advice

Self-Assessment Deadline Approaching

14th January 2019 | Written by In Accountancy | Categories : Client News, Personal Tax, Tax Advice
Self-Assessment Deadline Approaching

The deadline for submitting your 2017/18 self-assessment return is 31 January 2019. The deadline applies to taxpayers who need to complete a tax return and make direct payments to HMRC in respect of their income tax, Classes 2 and 4
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Inheritance Tax Review by Office of Tax Simplification

29th December 2018 | Written by In Accountancy | Categories : Personal Tax, Tax Advice
Inheritance Tax Review by Office of Tax Simplification

The Office of Tax Simplification (OTS) has published the first of two reports on inheritance tax. The first report sets out an explanation of the issues and complexities of IHT, gives an overview of concerns raised by the public and
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Phishing Tax Refund Email Targets University Students

27th December 2018 | Written by In Accountancy | Categories : News, Tax Advice
Phishing Tax Refund Email Targets University Students

HMRC has warned that university students are being bombarded with fake tax refund emails. The scammers have targeted university students in an attempt to steal their banking and personal details using .ac.uk email addresses that look genuine, in order to
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180,500 New Homeowners Benefit From Stamp Duty Tax Relief

23rd December 2018 | Written by In Accountancy | Categories : News, Tax Advice
180,500 New Homeowners Benefit From Stamp Duty Tax Relief

According to statistics published by HMRC more than 180,500 first-time buyers have benefitted from First Time Buyers Relief (FTBR). The relief introduced in November 2017 has saved eligible first-time buyers an estimated total amount of more than £426 million. Mel
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Stockport Accountants IN Accountancy are Recruiting

11th December 2018 | Written by In Accountancy | Categories : News, Personal Tax, Tax Advice, Team News
Tagged in: Growth, Stockport,
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
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RBS Business Banking Switch Scheme

30th November 2018 | Written by In Accountancy | Categories : Limited Companies, News, Tax Advice
Tagged in:
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
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IN Team Update

28th November 2018 | Written by In Accountancy | Categories : Contractors, News, Personal Tax, Tax Advice, 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
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Making Tax Digital – Pilot Update

27th November 2018 | Written by In Accountancy | Categories : Limited Companies, News, Tax Advice
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
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HMRC Countdown: File Your Tax Return

17th November 2018 | Written by In Accountancy | Categories : Client News, Personal Tax, Tax Advice
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
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Personal Tax Changes – Allowance and Basic Rate Band Increases

16th November 2018 | Written by In Accountancy | Categories : Client News, News, Personal Tax, Tax Advice
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
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Autumn Budget 2018 for Contractors – IR35 explained

5th November 2018 | Written by In Accountancy | Categories : Contractors, Limited Companies, News, Pensions and Payroll, Personal Tax, Tax Advice
Tagged in: IR35,
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
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Contractors Almost £1,000 better off in the 2018 Budget

5th November 2018 | Written by In Accountancy | Categories : Contractors, Limited Companies, News, Personal Tax, Tax Advice
Tagged in: HMRC, IR35, 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
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