accountants bedford


Tagged as tax

Autumn Statement 2023

By Helen Tomlinson

On 22 November 2023, Chancellor Jeremy Hunt presented his Autumn Statement to Parliament and started making, in his words, the long-term decisions necessary to strengthen the economy and build a brighter future. Fueled by falling inflation and stabilised public finances, focus is now being applied to reducing debt, cutting tax and rewarding hard work.

Posted in News, Taxation | Also tagged , , , ,

The Autumn Statement

By Helen Tomlinson

The forecasts, called the Economic and fiscal outlook (EFO) are published twice yearly, at Budget and at Autumn Statement. They look at the future performance of the UK economy. During his Autumn Statement the Chancellor updates MPs on the government’s taxation and spending plans.

Posted in News, Taxation | Also tagged , , ,

Super Deduction

Businesses will now benefit from a new capital allowance ‘super-deduction’ and first year allowance.
The hope is that these will provide companies with a stronger incentive to make qualifying investments and bring forward planned investments for future years.

Posted in News, Taxation | Also tagged , , , , , ,

Can Tax Be Taxing?

Written by Tomas Martin

Are you au fait with income tax?
Do you know what is included within your personal allowance?
Click to find out more.

Posted in Income Tax | Also tagged , , , , , , ,

Time to Switch?

Written by Helen Tomlinson

More and more people are purchasing electric vehicles in the UK.
At the end of April 2021, there were more than 245,000 pure electric cars and 515,000 plug-in and hybrid models registered in the UK.

Posted in News, Taxation | Also tagged , , , , , , , ,

IR35 Tax Changes

IR35 was introduced by HMRC in 1999 to make sure everyone is paying the correct amount of tax. The key […]

Posted in Accountancy, Income Tax, News, Taxation | Also tagged , , , , , , , , ,

Domestic Reverse Charge For VAT

The Domestic Reverse Charge (DRC) is a new way of accounting for VAT for builders and others caught under the […]

Posted in Accountancy, Cloud software, News, QuickBooks Online, Taxation, Xero | Also tagged , , , , , , , , , ,

A Tax Efficient Virtual Christmas Do

A smorgasboard of new phrases have bounced into our everday conversations this year – including virtual Christmas do. As we […]

Posted in Accountancy, Taxation | Also tagged , , , , , ,

Working From Home

Thousands of employees are now working from home due to Covid-19.

But are they all claiming the tax back on the extra costs that are being incurred?
We outline exactly what you can claim and how to claim in this week’s blog.

Posted in Accountancy, News, Taxation | Also tagged , , , , , ,

Deferring VAT and Income Tax

On 20 March 2020, the UK Chancellor of the Exchequer announced a package of COVID-19 measures. The measures on tax include […]

Posted in Accountancy, Commercial, Coronavirus, Financing, Income Tax, Taxation | Also tagged , , , ,