Challenge Completed! Scott Lees Completes 7in7 Challenge For MNDA
NR Barton’s Senior Tax Manager completes his Christmas challenge of walking 7 marathons in 7 days over the Christmas break. Scott has been raising money for Motor Neurone Disease Association (MNDA). Scott set out to raise £777 for MNDA, he did not imagine that he would be close to raising £10,000 for a great cause. […]
Greater Manchester Clean Air Zone – Wigan Impacted
Greater Manchester is introducing a clean air charging zone from 30th May 2022, with some vehicles having an automatic exemption until the 1st June 2023. The main vehicles impacted will be: Heavy goods vehicles Buses Coaches Hackney cabs and private hire vehicles Minibuses (2023) Vans (Light goods vehicles) (2023) Motorhomes/campervans/motorised horseboxes The area of the zone is significant, as […]
Autumn Budget 2021 – Budget Brochure
Autumn Budget 2021 – Budget Brochure The Chancellors autumn budget was released on Wednesday 27 October 2021. Whilst a lot of the budget was known before the official announcement there was a lot more detail released on the day. It remains to be seen how the country will financially recover from the Coronavirus pandemic, but […]
Self Assessment Deadlines
Now that the calendar has ticked into October it’s an appropriate time to highlight the filing deadlines for the tax year ending 5th April 2021. Paper tax return must be filed by 31st October 2021, and electronic tax returns must be filed by 31st January 2022. 31st January 2022 is also the deadline for payment of tax liabilities arising from the year ended […]
End of the road for Furlough
As we reach the final days of September, we prepare for the closure of the ground breaking Coronavirus Job Retention Scheme (CJRS). The one-of-a-kind scheme launched by Rishi Sunak back in March 2020, has been a lifeline for millions of businesses and employees. The scheme has seen several variations and numerous extensions. Most recently the […]
INSIGHT issue 2
INSIGHT is our regular magazine providing update and insight into the current world of finance for owners of small and medium businesses. Issue 2 can be accessed through the link below. INsight issue 2
R&D tax credits: Claims to be limited from April 2020
Why HMRC elected to bring back PAYE/NIC cap for R&D tax credits and what does this mean for your claim? As things stand, R&D tax credits are available to loss making companies with relevant qualifying expenditure at a rate of 14.5%. This means that small and medium sized businesses making a taxable loss are currently […]
New rules tighten reporting period for capital gains on residential property
The rules regarding reporting a capital gain on a residential property are changing, in particular the deadlines for reporting the gain are getting shorter. Anyone anticipating the sale of a residential property on which a capital gains tax (CGT) charge may apply are advised to consider the changes to the reporting and payment of this […]
Small Business Guide: Sole Trader vs Limited Company
You have decided to take the big leap of faith and start your own business, the next question is how this should be structured. Should you trade in your personal name or through a limited company? Follow the link below to read our guide on the key accounting and tax implications. Sole trader vs Limited […]
Open Banking and how this impacts Xero
New EU standards, due to take effect from 14 September 2019, will change the way some banks connect to Xero. To comply with the new requirements, many of Xero’s bank feeds will be replaced by new direct feeds using Open Banking. What is Open Banking? Open Banking means you can choose to share your bank […]
