New tax allowances for 2017/18
11th April 2018You can get up to £1,000 each tax year in tax-free allowances for property or trading income from 6 April 2017. If you have both types of income, you’ll get a £1,000 allowance for each.
News
GDPR and “consent” in employment contracts: employers must take a new approach
22nd March 2018With the GDPR applying from 25 May 2018, employers must now re-think their approach to consent clauses in employment contracts. Getting it right is crucial as the potential consequence of non-compliance is a fine of up to €20 million or 4% of global turnover.
Auto Enrolment employer contributions are increasing on 6 April 2018
21st March 2018The minimum contributions that you and your staff pay into your automatic enrolment workplace pension scheme are increasing. This is also sometimes known as phasing.
It is your responsibility to make sure these increases are implemented.
Year end dividend planning
20th March 2018Don't forget to utilise your tax free dividend allowance before 6 April 2018
Use of home claims for the self employed
19th March 2018Last week we looked at use of home claims for company directors. Sole traders (the ‘self employed’), on the other hand, can claim a proportion of almost all household expenses against tax – if you run your business from home.
Use of home claim for company directors
15th March 2018HM Revenue & Customs guidance relating to making claims for use of home as office in company accounts
Property rental changes from 6 April 2017
9th March 2017The restriction for mortgage interest tax relief starts on 6 April 2017.
Spring Budget 2017
9th March 2017A few measures that affect a lot of our clients came out of the budget yesterday, plus other measures previously announced that will start from April 2017.
Office opening hours over Christmas
22nd December 2015Festive period office opening hours
Sale and purchase of businesses and shares
6th November 2015Share Purchase V Asset Purchase
Stroud and Brimscombe
28th August 2015Avonhurst can now provide the personal accounting services many require in the Stroud, Brimscombe and surrounding areas...
Easter
1st April 2015This April, some employers may need to pay their employees and report their PAYE on a different date than usual.
1 April 2015
1st April 2015The following tax changes come into effect today (Wednesday 1 April 2015):
RTI Fines
4th March 2015HM Revenue and Customs (HMRC) has introduced penalties for employers who report their payroll information late.
New Marriage Allowance
23rd February 2015Register your interest in the new Marriage Allowance from 6 April 2015
May 2014
21st May 2014Haven't we been having some lovely weather!
On a more mundane note...
Castle Howard tax case
29th January 2014The custodians of North Yorkshire stately home Castle Howard have won a tribunal battle to avoid paying tax on the £9.4m sale of a painting, after a judge ruled it a piece of “plant or machinery” integral to attracting visitors.
Summer
15th August 2013It's been a lovely summer so far, even though the weather this week is a bit changeable...
Changes to Child Benefit rules
7th March 2013Are you affected by the changes to Child Benefit?
Payroll and RTI
7th March 2013PAYE is changing from 6 April 2013 to Real Time Information (RTI)...
Flat Rate Scheme for VAT
11th February 2013Having looked into the pros and cons for specific clients over the last week or so with regards to the Flat Rate Scheme.....
New clients
8th November 2012Having welcomed around 30 new clients to our existing client base since September....
New website
11th September 2012Following the completion of our brand new website I am very excited to be sat here writing our first news feed....
