Category: Accounts services

SMEs behind rapid rise in Research & Development tax relief claims


More small and medium-sized businesses than ever are taking advantage of the landmark Research & Development (R&D) tax relief scheme, it has been revealed.

Tip reforms show the value of well-managed tronc systems, say hospitality accountants


Government proposals to reform tipping practices in the UK’s hospitality sector underscore the value of well-managed tronc systems, according to hospitality accountancy firm, WMT. Proposals announced today by the Department for Business, Energy and Industrial…

What are year-end accounts and how can I prepare for them?


If you’re new to business, year-end accounts may seem like a daunting prospect. But with the right preparation, advice and approach, you will have nothing to worry about.

Budget date confirmed


We wait a year for a Budget and then two come along in the space of six months, with the Chancellor confirming that he will deliver his autumn Budget on Wednesday 27 October 2021 at…

How can I prepare to use the Customs Declaration Service?


It was announced earlier this month that the Customs Declaration Service (CDS) will serve as the UK’s “single customs platform” from 31 March 2023. It means the existing system, known as the Customs Handling of…

How will the National Insurance and dividend tax increases affect me?


Taxpayers face an increase in their National Insurance contributions (NICs) and dividend tax rates from 2022. To explain how this significant change may affect you, please use our helpful FAQ below: How much is the…

CJRS – Upcoming changes to payments and the furlough scheme


With Coronavirus restrictions easing and many businesses starting to get back on their feet, many are no longer relying on the support of The Coronavirus Job Retention Scheme (CJRS). For those that do still need…

Preparing for the end of the Stamp Duty Holiday


Introduced in July 2020, the Stamp Duty Land Tax (SDLT) Holiday has helped hundreds of homeowners and investors to reduce the cost of purchasing a new property. However, the higher SDLT thresholds will change from…

Fifth round of the Self-Employment Income Support Scheme to launch in late July


HM Revenue & Customs (HMRC) has confirmed the fifth round of the Government’s Self-Employment Income Support Scheme (SEISS) will launch in late July. This round of the SEISS will differ from previous rounds as it…