Budget date 2018 announced, with half the usual notice

Posted in Latest News on October 8, 2018

The Chancellor has announced that the 2018 Budget will take place on Monday 29 October 2018, having given just half the usual 10 weeks’ notice of the …
Read more…

Employment claims from contractors brought within IR35 expected after HMRC settlement

Posted in Latest News on October 8, 2018

A freelance marketing and business development consultant has reached a settlement with HM Revenue & Customs (HMRC) after arguing that she should be …
Read more…

Just eight per cent of business loan applications successful with one high street bank

Posted in Latest News on October 8, 2018

On average, less than one in 10 SME loan applications to one nameless high street bank are successful. The figures were released by SME funding platform, …
Read more…

Government backed tax-free savings plan to help savers earn 50p on every £1

Posted in Latest News on October 8, 2018

The Government has launched a new savings account that offers savers a 50 per cent tax-free bonus on the money they deposit. The new Help to Save account …
Read more…

HMRC investigates estate valuations as part of IHT campaign

Posted in Latest News on October 8, 2018

The number of investigations conducted against estates thought to be avoiding Inheritance Tax (IHT) has increased, according to new data from HM Revenue …
Read more…

Micro businesses bear the brunt of late payments

Posted in Latest News on October 8, 2018

Recent research has shown that micro businesses are bearing the brunt of late payments, with just 52 per cent of the invoices they issue being paid on …
Read more…

HMRC finally launches MTD communications plan and simplified guidance

Posted in Latest News on October 8, 2018

With only six months left until the launch of Making Tax Digital for VAT, HM Revenue & Customs (HMRC) has finally begun sharing information with businesses …
Read more…

Workers miss out on £15.6 million in pay through minimum wage breaches

Posted in Latest News on October 8, 2018

Minimum wage breaches, including breaches of the National Living Wage, have cost workers from across the UK a combined total of £15.6 million in lost …
Read more…

CIOT reports increase in R40 refund errors

Posted in Latest News on October 8, 2018

According to a new report by the Chartered Institute of Taxation (CIOT), there have been a growing number of R40 computation errors on refunds processed …
Read more…

Brentwood accountants warn business owners to plan ahead before selling up shop

Posted in Firm News, Latest News on September 24, 2018

Brentwood-based accountancy firm M J Bushell is warning business to plan ahead strategically before disposing of a business in order to mitigate their …
Read more…