Archive
Christian Resource Exhibition (CRE 2021)
Date posted: 14/07/2021
We are looking forward to hosting a stand at the Christian Resources Pop-up Exhibition,
the date of the event is Tuesday 12th to Thursday 14th ...
IR35 Reforming the Private Sector
Date posted: 12/12/2018
Readers will probably be aware of the IR35 legislation and the reforms which took place in April 2018 relating to work for the Public Sector.
...
Budget changes regarding capital gains tax & lettings relief
Date posted: 12/12/2018
In the October 2018 budget the Chancellor announced changes which will potentially impact on the capital gains position of landlords (where they are...
Charity Trading Rules
Date posted: 12/12/2018
In the recent budget a measure was announced to increase the small trading tax exemption limits for Charities that apply to trading that does not re...
The General Data Protection Regulation – New requirements for all businesses!
Date posted: 23/03/2018
European data protection laws are changing and come into
force 25 May 2018. These new laws will affect all businesses in the UK and the
curren...
Making Tax Digital Update – November 2017
Date posted: 24/11/2017
As I am sure most of
you are aware there have now been delays announced to Making Tax Digital. The first wave will commence in Apri...
HM Revenue & Customs no more credit card payments
Date posted: 24/11/2017
You should be aware
that after 12 January 2018. HM Revenue & Customs will not be accepting
credit card payments for the pa...
HMRC Simple Assessments
Date posted: 17/11/2017
HMRC have now issued what they call a simple assessment PA302, or an informal tax calculation a P800, but be warned!
Th...
Auto enrolment
Date posted: 16/11/2017
Auto-enrolment
By now most of our
clients will have dealt with their auto-enrolment process and ...
HMRC Simple Assessments
Date posted: 16/11/2017
HMRC have now issued
what they call a simple assessment PA302, or an informal tax calculation a
P800, but be warned!
...
Making Tax Digital Update
Date posted: 15/03/2017
Legislation will be introduced in the Finance Bill 2017 and will set out:
1. Digital record keeping
2. Establishing taxabl...
Budget 2017 Summary and Reflections
Date posted: 15/03/2017
Headline news from the Chancellors Budget all seem to relate to the impact on small businesses, particularly the self-employed, although small Compa...
Payroll working in the public sector
Date posted: 02/02/2017
Although these new measures which are in some ways further addressing the reform of IR35 do not apply to many of the firm's clients it certainly app...
Tax free child care
Date posted: 02/02/2017
You may remember back in 2013 the government announcing a new tax break for working parents. Hopefully it will soon be available. It is very soon to...
Tax free child care
Date posted: 02/02/2017
You may remember back in 2013 the government announcing a new tax break for working parents. Hopefully it will soon be available. It is very soon to...
Flat Rate Scheme Changes
Date posted: 23/12/2016
In the Autumn Statement the Chancellor has announced changes to the flat rate scheme of VAT accounting.
The current schem...
Common Reporting Standard for Charities - Update
Date posted: 28/11/2016
The Common Reporting Standard (CRS) which asks Financial Institutions to report on account holders as well as being a method of preventing tax evasion...
Trivial Benefits provided by an Employer
Date posted: 11/11/2016
I am sure you are aware of the strict
rules regarding benefits in kind, benefits paid to employees by their employer
which become ...
Rental Properties & Mortgage Interest Relief
Date posted: 05/10/2016
A Summary of the
Rules/Issues and Planning Suggestions for BTL Landlords
Introduction
Higher rate...
IR35
Date posted: 05/10/2016
You may be surprised to realise that IR35 has been around now for some 16 years.
Basically it affects persons who are contracted to work fo...
Pre-letting Expenses
Date posted: 05/10/2016
Profits from UK land or property are treated for tax purposes arising from a business. The broad principle is that rental business profits are c...
Trivial benefits provided by an employer
Date posted: 27/09/2016
I am sure you are aware of the strict rules regarding benefits in kind, benefits paid to employees by their employer which become taxable.
...
Making Tax Digital (MTD)
Date posted: 27/09/2016
HM Revenue & Customs have released six consultancy documents in August 2016 on the subject of Making Tax Digital (MTD).
...
Trivial benefits provided by an employer
Date posted: 27/09/2016
I am sure you are aware of the strict
rules regarding benefits in kind, benefits paid to employees by their employer
which become taxable.
...
Making Tax Digital (MTD)
Date posted: 27/09/2016
HM Revenue & Customs have released
six consultancy documents in August 2016 on the subject of Making Tax Digital
(MTD).
 ...
Common Reporting Standard (CRS Charities)
Date posted: 25/07/2016
The Common Reporting Standard (CRS)
was approved by the OECD Council in 2014 as a global standard to facilitate the
automatic exchange of financia...
Persons of significant control register (PSC)
Date posted: 25/07/2016
You may have heard in the Press the
introduction of the new Persons of Significant Control Register which all
Limited Companies (including Charita...
Latest Accounting News
Date posted: 08/04/2016
To my readers, I hope this finds you well despite the atrocious winter weather we have endured and with various viruses doing the rounds which has c...
HMRC Digital Accounts - The New Tax Return!
Date posted: 08/04/2016
I am sure you have read a lot and heard much of the new proposed HM Revenue & Customs digital tax system doing away with the paper Tax Return an...
Gift Aid Small Donation Scheme
Date posted: 08/04/2016
The Gift Aid Small Donation Scheme (GASDS) allows eligible Charities and Community Amateur Sports Clubs (CASC) to claim top up payments on cash dona...
John's Spring Blog 2016
Date posted: 15/03/2016
Well it hardly feels like Spring as I
write this blog. We are told by the meteorological
office that Spring runs...
Big Futures Show
Date posted: 22/02/2016
The Big Futures Show offers a unique opportunity for students across the region to meet with a wide variety of further education and training provid...
National Living Wage 2016
Date posted: 07/01/2016
Last year the Government announced the introduction of the National Living Wage, which will be compulsory and come into effect from 6 April 2016. This...
John’s Winter Blog 2015
Date posted: 21/12/2015
Another quarter has quickly passed and the weather seems no different. It’s dark and gloomy and the world seem very much the same, bombings, refug...
Charities SORP
Date posted: 21/12/2015
I am sure most Chief Executives and Charities are now aware that there is a new FRSSE SORP 2015 coming into effect for Charities for accounting peri...
Self-Employment, Consultants, Travelling Expenses
Date posted: 21/12/2015
There has been a recent tax case, a Dr David Jones HM Revenue & Customs 2015 which has quite worrying implications. This case went against the t...
Love In A Box
Date posted: 15/12/2015
The staff at Caladine took part in Mustard Seed's Love In A Box campaign, which is to provide presents at Christmas for under privileged children thro...
Social Enterprise Tax Relief
Date posted: 17/11/2015
This is a tax relief scheme designed to support Social Enterprises seeking external finance offering a range of tax relief that can be claimed by indi...
Mortgage Interest Deductions
Date posted: 06/11/2015
In his Summer budget George Osborne announced that landlords will only be able to offset mortgage interest at the basic rate of tax 20% by 2020. ...
Dividend Changes 2016
Date posted: 21/10/2015
As most readers will know, the government have announced new legislation which will be coming in April 2016, taxing dividends which have a significa...
John's Autumn Blog 2015
Date posted: 24/09/2015
It has been a busy three months in our office this summer if that is what the months of June and July are meant to be! I remember one lovely week at...
John's Updated Summer Blog 2015
Date posted: 18/08/2015
The arrival of the very hot weather in early July was at least welcome and enabled me to have a few days holiday and I trust that my readers would h...
John's Summer Budget Blog 2015
Date posted: 10/08/2015
There is a separate purely technical article on the budget changes posted on our website but I thought I would take this opportunity of just making a ...
John’s Summer Blog 2015
Date posted: 17/06/2015
It is always a sign of Summer in my household when we have planted the red geraniums which is a feature of our garden, this has been done slightly lat...
Family Investment Companies - FIC
Date posted: 17/06/2015
Over recent years, with changing legislation, Trusts are no longer the most tax efficient way to transfer assets to future generations. The Fina...
Savings Income 0% Rate
Date posted: 28/05/2015
Are you aware that from April 2015 if your total income, including wages, pension, benefits and savings income is less than your personal allowance le...
VAT Digital Sale - Moss Registration
Date posted: 01/05/2015
Some good news. HM Revenue &
Customs have announced that those businesses who supply B2C digital services but
below the UK threshold for VAT r...
Xero Roadshow Blog
Date posted: 29/04/2015
Having received an email from Xero inviting me to attend a
free roadshow in Brighton that was p...
Statutory adoption pay
Date posted: 28/04/2015
Very strangely adoption leave
arrangements were somewhat different from maternity leave. However, from 5 Ap...
Standard Individual Savings Accounts (ISA's)
Date posted: 28/04/2015
This year’s budget created a brand new
ISA and then introduced changes to the existing ones. ...
New Charity Audit Thresholds
Date posted: 10/03/2015
The Cabinet Office have announced that there will be changes in the audit threshold with effect for years ending on or after 31 March 2015.
...
John’s Spring Blog 2015
Date posted: 10/03/2015
As I write this blog and it is early March we still have lots of rain and grey miserable weather. We just hope that spring is around the corner. It ...
Pension Changes
Date posted: 10/03/2015
I am sure the amount of publicity you have seen in the national press over recent months will highlight you to the major changes in pension legislat...
National Insurance
Date posted: 10/03/2015
Changes in Collection of Class 2 National Insurance Contributions
All self employed persons pay a class 2 nat...
Eastbourne Pier: Burnt-out arcade demolition begins
Date posted: 12/12/2014
Work has started to demolish the burnt-out shell of the arcade on Eastbourne Pier that was destroyed by fire earlier this year.
...
Chancellor's Autumn Statement 2014 - Some of the major tax highlights
Date posted: 10/12/2014
Individuals
The Chancellor announced that there
would be a further increase in the personal allowance for individuals for
2015/...
SORP (FRSSE) compared to SORP (FRS 102)
Date posted: 01/12/2014
The Following is not intended to be an exhaustive list of the differences between the charity SORPs, but it should help trustees and their advisers ...
John’s Winter Blog 2014
Date posted: 01/12/2014
Well this blog is entitled Winter Blog but it hardly feels like that. All it seems to do is rain, rain, rain and I only recall one morning so far th...
VAT Mini One Stop Shop (Moss)
Date posted: 01/12/2014
From 1st January 2015 digital services provided to consumers within the European Union will become taxable in the member state in which the consumer...
Social investment tax relief
Date posted: 20/11/2014
Social Enterprise Tax Relief is a new form of tax relief which was introduced on 6 April 2014 which will allow individuals to invest in Social Enterpr...
New Charities Sorp – Statement of recommended practice
Date posted: 10/11/2014
For some years with
minor variations, Charity accounting has been governed by the Statement of
Recommended Practice (SORP) for Charities, March 20...
Gift Aid And Charities Online
Date posted: 17/10/2014
Option 1: Claim using an HMRC Online Services form
This is the normal option HMRC will expect charities to adopt. A claim is to have up to 1,000 ...