Should your business declare the cost of the Christmas party?
18 January 2023 | Mrge_Acontants
Christmas parties or even regular summer BBQs, or annual team building events may need to be declared to HMRC for the current 2022/23 tax year if they do not meet certain rules, so you...
Self-Assessment – now is the time to get your tax return sorted
11 January 2023 | Mrge_Acontants
Yes, here we are again, the Christmas tradition of dealing with your self-assessment tax return is back for another year, and you need to get everything sorted as soon as you can. The final...
Tax year end – get your accounts ready before the rush
28 December 2022 | Mrge_Acontants
It’s that time of year again – the shops are playing Christmas music, there are Christmas films starting to appear on the TV, and for many of us, there is a tax deadline looming,...
Additional tax rate threshold to be lowered – take advantage with your pension contributions
21 December 2022 | Mrge_Acontants
The 45% additional tax rate was briefly removed by Kwasi Kwarteng, then reinstated by Chancellor Jeremy Hunt, and in the latest twist, Mr Hunt announced that the point at which people would start paying...
Landlords, what should you be doing now?
14 December 2022 | Mrge_Acontants
Changes to the Capital Gains Tax (CGT) allowances announced in the Autumn Statement mean that from next April, the current £12,300 allowance will fall to £6,000 and then to £3,000 in 2024. This is...
Autumn Statement – what you need to know about upcoming changes.
07 December 2022 | Mrge_Acontants
You could be forgiven for thinking Budget statements are a bit like buses lately – we don’t have one for ages, and then three come along almost at once. While the latest financial proclamation...
The Plastic Packaging Tax – what you need to know
23 November 2022 | Mrge_Acontants
The Plastic Packaging Tax came into effect in April this year, and if your business deals with any kind of plastic packaging in relation to your products, you may need to be registered for...
How to protect your business in a recession
16 November 2022 | Mrge_Acontants
The UK’s GDP fell by 0.3% in August according to official figures, and if GDP falls for two quarters in a row, that is the definition of a recession. Experts at the EY ITEM...
What does the market volatility mean for you?
09 November 2022 | Mrge_Acontants
The market volatility resulting from the ill-fated mini-Budget on September 23 has created real concern for investors. Most of the measures announced that day were reversed just weeks later, but the fallout has left...
U-turns and changes – what happened to the mini-Budget announcements?
02 November 2022 | Mrge_Acontants
The majority of measures in former Chancellor Kwasi Kwarteng’s mini-Budget have been scrapped after new Chancellor Jeremy Hunt tried to settle markets and politicians across the House of Commons with an Emergency Statement on...
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