Advisors will be viewing the advent of 2024 with some trepidation. Politics aside, the present government will be seeking to please voters with tax cuts and other give-a-ways and the opposition will have its own fiscal tempters to win over voters. In which case, expect a few significant changes in... read more →

You may have been entitled to a Cost of Living Payments of £301 (paid April/May 2023) and should have received £300 (payable early November 2023) and a further £299 due spring 2024. Payments are limited to persons claiming the following benefits. income-based Jobseeker’s Allowance (JSA) income-related Employment and Support Allowance... read more →

Following our blog post last month, the enabling legislation to increased powers at Companies House, the Economic Crime and Corporate Transparency Bill, has now received Royal Assent on 26 October 2023. Practitioners will be divided on this change in regulation as it will nndoubtably add to red tape as well... read more →

If your business grants a customer time to pay – say 30 days – after the services or goods supplied have been delivered, effectively, your money stays in their bank account for 30 days. Further, if you have incurred costs regarding a sale, that have to be paid for before... read more →

Your eligible deposits with all High Street bank are covered by the Financial Services Compensation Scheme (FSCS). The present limit of this FSCS guarantee is £85,000 and this applies to total deposits held at a bank, not per account with a bank. This will be of interest to Metro Bank... read more →

The government looks likely to accept the recommendations of the Low Pay Commission with a boost to the National Living Wage rate. In summary: National Living Wage will rise to two-thirds of average earnings. Chancellor commits to Low Pay Commission recommendations, with latest forecasts showing a pay boost next year... read more →

Practitioners will no doubt be aware that the Economic Crime and Corporate Transparency Bill is nearing the end of its progress through the parliamentary process. The final stages will involve consideration of amendments and Royal Assent. Once this process is completed, software companies will need to rethink statutory accounts production.... read more →

@Accountex. Tuesday 19 September the Informanagement team are coming to Manchester once again. Come visit us at stand J10. To our amazing clients, we cannot wait to see you there. #ACXManchester #Accounting #Finance #ukaccountant #accountancy #accountants

Companies House have published information that suggests their fees may be increasing in the near future. And it’s all to do with the ECCT Bill currently passing through parliament. To give it its full name, The Economic Crime and Corporate Transparency (ECCT) Bill will change the role and purpose of... read more →

How long before clients’ tax affairs are handled by AI at HMRC? Can you imagine resolving tricky issues with a chat bot? Recent experience with computerisation of MTD and other processes would seem to evidence that any additional digitisation of HMRC systems will likely be some time away. Any yet,... read more →