The Blog

Accountancy, bookkeeping and taxation are fast-moving areas. It is our job to keep up with changes so that you don’t have to! However, from time to time, we do share urgent, important or even entertaining subject matter with you in the form of our blog. Please browse at your leisure, and if there is any issue about which you would like more detail, please do not hesitate to call us today.

Gaming behind the wheel?

Unbelievably, it has been illegal to make phone calls or text while driving a car, but not illegal to play games or take photos.

Clearly, this loophole is begging to be closed and new legislation proposed, 17 October 2020, will aim to do just that.

Last orders please…

From 1 January 2021, UK businesses that export, import or transport goods to and from the EU will need to comply with a number of new regulations.

Inevitably, some will fall short and these will create delays, in your goods reaching EU customers,

Time To Pay limits increased

One of the measures announced by HMRC at the start of the coronavirus pandemic was the introduction of emergency measures to help tax payers affected by COVID-19 to use the Time To Pay service.

Businesses and self-employed people in financial

Donating land, property or shares to a charity

There are special rules in place for taxpayers who gift land, property or certain shares to charity. This can include Income Tax and Capital Gains Tax (CGT) relief provided all the necessary conditions are met. There is no Income Tax relief on

Companies House warn of delays in postal submissions

Company filing deadlines were extended for companies with filing deadlines between 27 June 2020 and 5 April 2021.

Companies House is warning of delays in postal submissions and have said it is taking much longer than usual to process paper

New three-tier COVID-19 alert levels

On 12 October, the Prime Minister announced the introduction of a new three-tier system of local COVID-19 alert levels across England. The new system sets the levels at medium, high and very high based on local transmission rates. The legislation to

Applying for Green Homes Grants

Home owners and landlords in England can apply for a grant to make their home more energy efficient. The Green Homes Grant will cover at least two-thirds of the cost up to £5,000 per household. For low income households these grants will cover all

Students warned of tax scams

HMRC is warning new students starting university that they could be targeted by scammers trying to steal their money and personal details.

As new students start the academic year they can be particularly vulnerable to tax scams. Coupled with an

New Freeports to cope with Brexit

The government is moving ahead with plans to build free trade zones – known as Freeports – across Britain after Brexit. Freeports are a special kind of port where normal tax and customs rules do not apply. In their place, simplified customs

The don’ts of the new 3-tier system

The new 3-tier system for classifying local COVID alert status sets out what you should not do depending on the classification of your local area. At present they only apply to England. In summary they are:

Local COVID Alert Level – Very High

This

Levelling up or levelling down?

Our government has introduced a three-tier system for determining the local state of COVID infection and how restrictions in each area of England are to be applied. The grades are instructive.

The three categories are:

Medium alert level – This

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