In this week’s Enews, we look at the response of affected UK businesses to US tariffs on imports. There is also a reduction in red tape for hospitality businesses and news on pensions reforms to update you on.

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In this week’s Enews, we look at April’s increase in minimum wage rates. There is also an update on the Loan Charge Review and news on UK exports to update you on.

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In this week’s Enews, we look at the Chancellor of Exchequer’s first Spring Statement. There is also a warning about employment law and the Finance Act 2025 to update you on.

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Chancellor of the Exchequer, Rachel Reeves, held the Spring Statement on Wednesday 26 March 2025. In the run up to the event, the Chancellor stated that she ‘remains committed to one major fiscal event a year to give families and businesses stability and certainty on upcoming tax and spending changes and, in turn, to support the government’s growth mission’.

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In this week’s Enews, we look at warnings to the Chancellor ahead of the Spring Statement. There is also a warning to check state pension entitlements and government plans to cut red tape to update you on.

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In this week’s Enews, we look at a change in the threshold for reporting trading income on side hustles. There is also news on the Spring Statement and the Stamp Duty deadline to update you on.

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In this week’s Enews, we look at HMRC’s research into the economic benefits of Making Tax Digital (MTD). There is also news on the Employment Rights Bill and the latest data on private sector activity to update you on.

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In this week’s Enews, we look at warnings from businesses over the impact of April’s employers’ National Insurance contributions (NICs) increase. There is also news on HMRC’s tax guidance for employers and the latest advisory fuel rates to update you on.

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In this week’s Enews, we look at a government consultation on mandatory electronic invoicing for businesses. There is also news on HMRC’s late and repayment interest rates and the business response to the jump in the rate of inflation to update you on.

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In this week’s Enews, we look at a report into the cost of tax compliance on UK business. There is also news on topping up State Pensions and the business response to a cut to interest rates to update you on.

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Our Essential Employer Update guides you through the latest issues in payroll, tax and employment law.

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In this week’s Enews, we look at the government’s decision to scrap powers for HMRC to collect data on the hours employees work. There is also news on tax reliefs for the alcohol sector and the self assessment deadline to update you on.

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In this week’s Enews, we look at the review of the Loan Charge commissioned by the government. There is also news on business confidence for early 2025 and pensions reform to update you on.

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In this week’s Enews, we look at a scathing report on HMRC’s customer service levels. There is also news on the UK jobs market and an upgrade to the nation’s economic outlook to update you on.

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In this week’s Enews, we look at calls to make changes to unfair VAT rules. There is also news on proposed regulatory changes to benefit small businesses and the UK’s latest economic data to update you on.

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In this week’s Enews, we look at HMRC’s warning for the millions of taxpayers yet to file their self assessment returns. There is also news on EU trade relations and warnings about the government’s employment plan from small business to update you on.

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In this week’s Enews, we look at ways HMRC could save millions of hours and improve its customer service levels. There is also news on the government’s Industrial Strategy and self assessment filing numbers over Christmas to update you on.

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In this week’s Enews, we look at ways HMRC could save millions of hours and improve its customer service levels. There is also news on the Spring Statement and the latest on the UK economy to update you on.

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In this week’s Enews, we look at spreading the cost of tax bills for self assessment taxpayers and the continued rise in cash usage in shops. There is also news on the latest tax guidance for employers from HMRC to update you on.

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In this week’s Enews, we look at HMRC’s latest guidance on tax obligations for online sellers. There is also news on the fall in business confidence over the past quarter and the latest Advisory Fuel Rates to update you on.

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In this week’s Enews, we look at HMRC’s scam warning as the self assessment deadline draws closer. There is also news on the UK’s Industrial Strategy and HMRC’s cut to rates for late payments and repayments to update you on.

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In this week’s Enews, we look at the business rate cut on the way for retail, hospitality and leisure properties. There is also news on student loan refunds and pension reforms to update you on.

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In this week’s Enews, we look at HMRC’s warning to landlords with undisclosed property incomes. There is news on the government’s digital trade platform for imports and exports and research on wills to update you on.

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Our Charity News offers the latest updates on guidance and support for the not-for-profit sector, highlighting new guidance issued by charity regulators. We also explore the effects of recent legislative changes, reporting obligations, tax updates and other key issues, providing insights into the sector's most important topics and current guidance.

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In this week’s Enews, we look at analysis of the rise in employers’ National Insurance contributions (NICs) made in the Autumn Budget. We also have a self assessment reminder from HMRC and the latest fraud data to update you on.

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In this week’s Enews, we look at the major changes made in Rachel Reeves’s first Budget. We also have Budget reaction from business groups and a National Living Wage increase to update you on.

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Chancellor Rachel Reeves delivered her Budget on Wednesday 30 October 2024. She pledged to ‘invest, invest, invest’ to drive growth and ‘restore economic stability’.

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In this week’s Enews, we look at analysis of a potential increase to Capital Gains Tax at the Autumn Budget. There is also news on the government’s Make Work Pay legislation and the latest guidance for employers from HMRC to update you on.

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In this week’s Enews, we look at the actions the Confederation of British Industry wants to see the Chancellor take at the Autumn Budget. There is also news on paper tax returns and State Pension top ups to update you on.

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In this week’s Enews, as the Autumn Budget draws closer, we look at what small businesses want from the Chancellor. There is also news on the Growth and Skills Levy and new tipping law to update you on.

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In this month’s Enews, we look forward to the upcoming Budget as the UK’s business groups call for action on off-payroll rules and business rates. We also update you on reforms to apprenticeships and warnings of a side hustle tax bombshell. With news on Child Trust Funds and a government crackdown on late payments, there is a lot to update you on.

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In this month’s Enews, we look at the failures highlighted by HMRC’s Charter report and the tax authority’s cut in interest rates. We also update you on tax obligations for crypto investors and calls for action in the Autumn Budget. With news on advisory fuel rates and guidance for employers, there is a lot to update you on.

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In this month’s Enews, we look at the difficult decisions taken by the Chancellor as she set the date for the Autumn Budget. We also update you on the latest on the National Wealth Fund and the Growth Guarantee Scheme. With news on a new online VAT tool and Simple Assessment for pensioners, there is a lot to update you on.

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In this month’s Enews, we look at what businesses want following the General Election and the latest on the UK economy. We also examine the tax gap and take a look at HMRC’s lack of enforcement on the enablers of offshore tax evasion. With warnings on the EU trade deal and the UK’s business investment, there is a lot to update you on.

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In this month’s Enews we look at the business impact to the upcoming General Election and what an HMRC error could mean for the state pension of the self-employed. We also update you on issues with HMRC’s phone lines and early filers of tax returns. With the UK’s latest economic data and the new advisory fuel rates, there is a lot to update you on.

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In this month’s Enews, we look at the HMRC’s pilot for MTD for Income Tax and the impact of IR35 reforms on contractors. We also examine criticism of R&D tax reliefs and take a look at a new online service for voluntary National Insurance contributions (NICs). With news on the UK’s borrowing figures and the latest HMRC guidance for employers, there is a lot to update you on.

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Our Charity News provides updates on the latest guidance and support for the not-for-profit sector, featuring a variety of new guidance released by charity regulators. Additionally, we examine the impact of recent legislative changes, reporting requirements, tax developments, and other relevant issues, offering insight into the sector's most pressing topics and up-to-date guidance.

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In this month’s Enews we look at HMRC’s reversal of its helpline closures and the reaction to the Spring Budget. We also update you on the latest guidance on R&D relief and the latest on the UK economy. With more on the fight against fraud and analysis of the National Minimum Wage, there is a lot to update you on.

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Summary of the rates of tax for the year 2024-25

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The run up to the end of the tax year on 5 April 2024 is a good time to make sure that your family and business finances are arranged in the best way possible.

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Chancellor Jeremy Hunt delivered his ‘Budget for Long Term Growth’ on Wednesday 6 March 2024. His speech promised ‘more investment, more jobs, better public services and lower taxes’.

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On 22 November 2023, Jeremy Hunt delivered the ‘Autumn Statement for Growth’. Against an improving economic backdrop, the Chancellor is keen to stimulate economic growth and highlighted 110 measures for businesses. In addition, there were significant statements relating to National Insurance changes and also the reform of work-related state benefits.

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Our Charity News includes the latest guidance and support available for the not-for-profit sector, with a range of new guidance being published by the charity regulators. We also consider the impact of recent legislative, reporting and tax developments and other pertinent issues, giving you the inside track on the sector's current hot topics and latest guidance.

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Our Charity News includes the latest guidance and support available for the not-for-profit sector as the cost of living crisis continues to bite. We also consider the impact of recent legislative, reporting and tax developments and other pertinent issues, giving you the inside track on the sector's current hot topics and latest guidance.

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Chancellor Jeremy Hunt delivered a ‘Budget for Growth’ after the Office for Budget Responsibility forecast a stronger than expected performance from the UK economy this year with inflation continuing to fall.

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From April 2024, sole traders and partnerships will need to follow HMRC's rules for Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) which will change the way you work with your accountant or bookkeeper.

What is changing?

MTD for ITSA is a huge change to the way that millions of people report their income to HMRC. The initiative will affect self-employed business owners and landlords with a total business and/or property income above £10,000 per year.

What you will need to do?

• Keep digital business records using MTD-compatible software
• Send quarterly business income and expense updates to HMRC
• Finalise your business income in an annual declaration and send it to HMRC

A detailed outline of the extension of MTD ITSA is available from HMRC.

Please contact us for more information.

From April 2024, landlords will need to follow HMRC's rules for Making Tax Digital (MTD) for Income Tax which will change the way you work with your accountant or bookkeeper.

What is changing?

MTD for Income Tax is a government initiative that will change the way that landlords manage their property finances and make tax submissions to HMRC.

From 6 April 2024, MTD for Income Tax will apply to all landlords whose total property and/or business income is above £10,000 per year.

If this is the case you will need to use software to:

• Keep digital records of your income and expenses
• Send quarterly updates to HMRC
• Finalise your income and submit an end of period statement (EOPS) and final declaration (which will replace the annual Self Assessment tax return) to HMRC

A detailed outline of the extension of MTD ITSA is available from HMRC.

Please contact us for more information.

On 17 November 2022, the government undertook the third fiscal statement in as many months, against a backdrop of rising inflation and economic recession. The Chancellor laid out three core priorities of stability, growth and public services. The government sought a balanced path to support the economy and return to growth, partially through public spending restraint and partially through tax rises.

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Our Charity News includes the latest guidance and support available for the not-for-profit sector as the cost of living crisis starts to bite. We also consider the impact of recent legislative, reporting and tax developments and other pertinent issues, giving you the inside track on the sector's current hot topics and latest guidance.

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We are very pleased and surprised to say that we have won two awards in the Love Northallerton Business Awards! We won Professional Service Business of the Year and Julie Hutson our Company Secretary won Businesswoman of the Year.

Thank you to Love Northallerton and all the BID businesses for our two awards in Love Northallerton Business Awards 2020.

Thank you to those who nominated our business and Julie Hutson. We feel very honoured to have won amongst such deserving competition - business and individuals who made the final lists.

Northallerton is a brilliant place to live and work, there are many businesses and individuals who greatly contribute to it's success, you should all congratulate yourselves.

The announcement video can be viewed on YouTube here: Love Northallerton Business Awards Announcement

Congratulations to David and Sam who have passed their FreeAgent Accredited Practitioners exam. This means we have completed the requirements to become a FreeAgent Partner.

FreeAgent is a cloud bookkeeping tool that is FREE to use for NatWest, The Royal Bank of Scotland, Mettle and Revolut banking customers. It helps make business bookkeeping more efficient with features such as receipt capture, bank feeds and access to your bookkeeping 24/7 from anywhere.

Get back to business with 6 months FREE Sage Business Cloud Accounting!

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This is an exclusive offer available to our clients, contact us for more information on 01609 778602 or email [email protected]