Inaccountancy Stockport
0161 456 9666

News from InAccountancy

Case Study: SciMed

29th January 2021 | Written by In Accountancy | Categories : Case Studies
Case Study: SciMed

About SciMed A market leading distributor of laboratory equipment to industry and academia, SciMed also provide after sales service and support to clients in wide ranging industries such as petrochemical, pharmaceutical, oil and gas and waste management to name but
Read the full article…


Financial Support in Lockdown 3

5th January 2021 | Written by In Accountancy | Categories : CoronaVirus, Small Business Advice, Team News
Financial Support in Lockdown 3

Well here we go again… Lockdown 3. I’ve had a lot of you asking already today about grants and support available for your business. There is only a small amount of detail out at the moment, so I’ll summarise this
Read the full article…


Merry Christmas from IN Accountancy

18th December 2020 | Written by In Accountancy | Categories : News, Team News
Merry Christmas from IN Accountancy

What an evening we had yesterday at IN Accountancy! Without being able to arrange a Christmas Do this year for obvious reasons, we still felt that we had to do something to reward the IN Accountancy team for all their
Read the full article…


Get prepared for the end of the Brexit transitional period

17th December 2020 | Written by In Accountancy | Categories : News, Small Business Advice
Get prepared for the end of the Brexit transitional period

It is time to prepare for the end of the Brexit transitional period. Whilst the United Kingdom officially left the European Union (EU) on 31 January 2020, this prompted the start of an 11-month transitional period during which time the
Read the full article…


Virtual Christmas parties will qualify for tax exemption

16th December 2020 | Written by In Accountancy | Categories : Limited Companies, News, Sole Traders
Virtual Christmas parties will qualify for tax exemption

HMRC has confirmed that they will accept a virtual Christmas party as an event which is capable of falling within the tax exemption rules for annual functions. The Association of Taxation Technicians (ATT) has received the following statement from HMRC:
Read the full article…


Gifts to employees can be tax-free

14th December 2020 | Written by In Accountancy | Categories : Limited Companies, Small Business Advice, Sole Traders
Gifts to employees can be tax-free

Some employers may wish to give a small gift to their employees. As long as the employer meets the relevant conditions, no tax charge will arise on the employee. A tax exemption is available which should help employers ensure that
Read the full article…


Advisory fuel rates for company cars

11th December 2020 | Written by In Accountancy | Categories : Client News, Limited Companies, News
Advisory fuel rates for company cars

New company car advisory fuel rates have been published and took effect from 1 December 2020. The guidance states: ‘You can use the previous rates for up to one month from the date the new rates apply’. The rates only apply
Read the full article…


Self-assessment taxpayers warned to watch out for scammers posing as HMRC

9th December 2020 | Written by In Accountancy | Categories : Client News, Limited Companies, News, Small Business Advice, Sole Traders, Tax Advice
Self-assessment taxpayers warned to watch out for scammers posing as HMRC

HMRC is warning self-assessment taxpayers to be alert to the danger of scammers posing as the tax authority in the lead up to the tax return deadline. Every year HMRC issues thousands of SMS messages and emails as part of
Read the full article…


Outsourced Team Member – Hiring Now…

8th December 2020 | Written by In Accountancy | Categories : Client News, News, Small Business Advice, Sole Traders, Team News
Outsourced Team Member – Hiring Now…

It’s exciting times at IN Accountancy as we announce that we are recruiting once again. We’re looking for an outstanding individual to join the IN Team as an outsourced team member. If you, or someone you know, fits the bill,
Read the full article…


HMRC confirms MTD for corporation tax to be mandated from 2026

7th December 2020 | Written by In Accountancy | Categories : Client News, Limited Companies, News
HMRC confirms MTD for corporation tax to be mandated from 2026

In a new consultation HMRC has confirmed that Making Tax Digital for corporation tax (MTD for CT) will not be implemented until 2026 ‘at the earliest’. The consultation considers how the principles created for MTD could be established for companies
Read the full article…


£1 million Annual Investment Allowance cap extended

4th December 2020 | Written by In Accountancy | Categories : Limited Companies, News
£1 million Annual Investment Allowance cap extended

The Treasury has confirmed that the £1 million cap on the Annual Investment Allowance (AIA) is to be extended for an additional year as the government continues to look at ways to stimulate the economy. The AIA provides a tax
Read the full article…


Electric Vehicles – To buy or not to buy??

4th December 2020 | Written by In Accountancy | Categories : Limited Companies, News, Personal Tax, Small Business Advice, Tax Advice
Electric Vehicles – To buy or not to buy??

Or should we say to lease or not to lease?? In the company, or keep it personal?? Have you guessed what I’m talking about yet? Well, probably as it’s in the title, which we have to do from an SEO
Read the full article…