Tagged as tax
Buying a Second Home
21st June 2024By Helen Tomlinson
We are often asked about second homes.
Specifically about the financial and tax implications of buying one.
Before you take the plunge, find out about the key considerations.
Autumn Statement 2023
24th November 2023By 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 Accountants in Bedford, accounting, autumn statement, employees, national mininum wageThe Autumn Statement
19th September 2023By 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 accountancy in Bedford, Accountants in Bedford, budget, chancellorSuper Deduction
20th September 2022Businesses 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.
Can Tax Be Taxing?
17th January 2022Written 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.
Time to Switch?
26th October 2021Written 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.
IR35 Tax Changes
20th April 2021IR35 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 Accountants in Bedford, disguised employee, employee, Employment, employment status, inland revenue, IR35, national insurance, NI, umbrella companyDomestic Reverse Charge For VAT
22nd March 2021The 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 Accountants in Bedford, builders, construction, contractor, domestic reverse charge, DRC, end user, Quickbooks Online, taxation, VAT, XeroA Tax Efficient Virtual Christmas Do
14th December 2020A smorgasboard of new phrases have bounced into our everday conversations this year – including virtual Christmas do. As we […]
Posted in Accountancy, Taxation Also tagged christmas, covid christmas, exemption, HMRC, party, virtual christmas do, virtual partyWorking From Home
21st August 2020Thousands 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.
