Latest Accounting and Taxation News from IN Accountancy
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Requirement to Correct – 30 September Deadline Fast Approaching

21st September 2018 | Written by In Accountancy | Categories : Business, HMRC, HMRC, Personal Tax
Requirement to Correct – 30 September Deadline Fast Approaching

If you have received taxable overseas income, in any form, be sure not to miss the fast approaching Requirement to Correct deadline of 30 September 2018 In recent months, many taxpayers – and agents acting for private clients – will have received letters from HMRC about overseas income and the ‘requirement to correct’ (RTC). We very recently published a post on Read the full article…


No Deal Brexit? Read on if your business trades with the EU

21st September 2018 | Written by In Accountancy | Categories : Business, Client Focus, HMRC, Limited Companies, Making Tax Digital, News
No Deal Brexit? Read on if your business trades with the EU

A No Deal Brexit seems more likely today than yesterday it would appear, but what does that really mean for businesses trading with the EU? The ICAEW (Institute of Chartered Accountants of England and Wales)  tells us HMRC has begun writing to all VAT-registered businesses in the UK that currently only trade within the EU in order to inform and Read the full article…


HMRC Warning: Time to Declare Offshore Assets

20th September 2018 | Written by In Accountancy | Categories : Business, HMRC, News, Personal Tax
HMRC Warning: Time to Declare Offshore Assets

HMRC is warning that taxpayers could face penalties if they fail to declare their income on foreign assets before new ‘Requirement to Correct’ legislation comes into force. HMRC is urging UK taxpayers to come forward and declare any foreign income or profits on offshore assets before 30 September to avoid higher tax penalties. New legislation called ‘Requirement to Correct’ requires Read the full article…


Stamp Duty Cut: 121,500 Households Save £284 million

17th September 2018 | Written by In Accountancy | Categories : Business, News, Personal Tax
Stamp Duty Cut: 121,500 Households Save £284 million

According to the latest statistics 121,500 first-time buyers have saved a total of £284,000,000 following the introduction of a relief for first-time buyers under the Stamp Duty Land Tax rules which apply in England and Northern Ireland. Over the next five years, it is estimated that this relief, part of the UK government’s housing policy will help over 1 million Read the full article…


Stockport Accountants, IN Accountancy share stories from happy clients

17th September 2018 | Written by In Accountancy | Categories : Business, Client Focus, IN Team, News, Team News, Testimonials
Stockport Accountants, IN Accountancy share stories from happy clients

We’re delighted to be able to share some new videos we have been working on recently, and extend a huge thank you to the team at Bellyflop TV for all their work in making these videos happen 🙂


Government announces that Class 2 NIC will not be abolished

14th September 2018 | Written by In Accountancy | Categories : Business, Client Focus, HMRC, Personal Tax
Government announces that Class 2 NIC will not be abolished

The government has announced that Class 2 National Insurance contributions (NIC) will not be abolished in the current parliament. It had been due to be abolished in April 2019. Class 2 NIC is payable on self-employed profits, currently at the rate of £2.95 per week. There is no liability if profits are below the small profits threshold, currently £6,205 per 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…


The Pride of Tameside Business Awards 2018

13th September 2018 | Written by In Accountancy | Categories : Business, Client Interviews, Events, IN Team, Limited Companies, Miscellaneous, News
The Pride of Tameside Business Awards 2018

The Pride of Tameside Business Awards have announced their 2018 shortlist. And we are delighted to share with you that Gemma Taylor and the team from Managed Ink have been shortlisted for not one, but two awards in the Pride of Tameside Business Awards!! The awards they are finalists for are New Business of the year and Micro Business of Read the full article…


Aviva Tax Vouchers delayed further

12th September 2018 | Written by In Accountancy | Categories : News, Pensions and Payroll, Personal Tax
Aviva Tax Vouchers delayed further

Aviva have announced further delays with the production of consolidated tax vouchers on their platform. Due to a technical issue pensions provider Aviva announced last week that they are still unable to run their automated process for clients’ consolidated tax vouchers which would normally have been sent in July following the end of the previous tax year. Aviva have not yet advised Read the full article…


Francis House Children’s Hospice

12th September 2018 | Written by In Accountancy | Categories : Business, Charity, Charity, Client Focus, Events, News, Team News
Francis House Children’s Hospice

September Supporters E-News – What’s On   As you may be aware, we are continuing our support in aid of Francis House Children’s Hospice. Read on below to see what exciting fundraising events are upcoming!  This is just a few of the ideas but the full event calendar can be found on the Francis House website. We greatly appreciate your continued support Read the full article…