Are you a new business? Or an existing business interested in our services?
Get a quote
Personal Tax
National Insurance threshold change from 6 July
13th Jun 2022 | Posted by:HMRC has updated the guidance on changes to the National Insurance threshold due to come into effect from July
Read MoreLasting Power of Attorney revamped
1st Jun 2022 | Posted by:UK Ministers have set out plans to transform the lasting power of attorney (LPA) system – making it quicker to use, easier to access and even more secure from fraud.
Read MoreMore support for energy customers
27th May 2022 | Posted by:In a bid to tackle the cost of living crisis, the Chancellor has announced a £15bn package of support with one-off payments for pensioners and lowest income earners, and doubled the £200 energy bill support
Read MorePension regulator running spot checks on UK employers
17th May 2022 | Posted by:Employers suspected of failing to meet their workplace pensions duties are being targeted with spot check inspections by the Pensions Regulator (TPR)
Read MoreNew law to protect access to cash announced in Queen’s Speech
12th May 2022 | Posted by:New laws to protect access to cash and help victims of financial scams were announced in the Queen's Speech at the state opening of parliament on 10 May.
Read MoreHMRC raises interest rates on late tax
11th May 2022 | Posted by:Following the increase in the Bank of England base rate to 1% last week, HMRC has confirmed that it will raise interest rates on late tax bills by 0.25%
Read MoreBank of England warns UK economy to shrink as interest rates rise
9th May 2022 | Posted by:The Bank of England has warned that the UK economy will shrink this year as it raised interest rates to try to stem the pace of rising prices.
Read MoreFuture Homebuyers to be freed from expensive ground rent bills on 30 June
6th May 2022 | Posted by:Future homebuyers will see their prospective property bills reduce in just over two months, when the government’s ban on charging ground rent on new leases in England and Wales comes into force.
Read MoreRules for Employee travel and subsistence
6th May 2022 | Posted by:With employees’ and directors’ P11d’s for 2021/22 due by 6 July 2022 it is timely to remind employers of the rules for travel and subsistenc
Read MoreEnd of tax year payroll procedures
29th Apr 2022 | Posted by:As the 2021/22 tax year has now ended, employers need to carry out the following end of year procedures:
Read MoreFacing Crisis Upon Crisis – a perfect storm?
29th Apr 2022 | Posted by:The International Monetary Fund (IMF) has stated the war in Ukraine will severely set back the world economy and the UK is predicted to have the slowest growth in the G7 and across Europe’s main economies at 1.2% for 2023.
Read MoreHMRC starts chasing up SEISS overpayments
27th Apr 2022 | Posted by:HMRC has started to recover overpayments of Self-employment Income Support Scheme (SEISS) grants.
Read MoreHMRC launches one-stop-shop for tax support
20th Apr 2022 | Posted by:HMRC has launched a one-stop-shop that has compiled together multiple areas of financial support available to taxpayers
Read MoreNearly half unaware about tax free pension contributions
14th Apr 2022 | Posted by:Four in 10 taxpayers do not know that pension contributions automatically receive 25% tax relief despite an annual bill of over £42bn to pay for the tax break
Read MoreHMRC names avoidance scheme promoters for first time
13th Apr 2022 | Posted by:Tax avoidance schemes have been named for the first time by HMRC as users are warned they could face large tax bills.
Read MoreBank of England raises interest rates for third month in a row
18th Mar 2022 | Posted by:The Bank of England has raised interest rates for the third month in a row.
Read MoreHMRC urges caution as fraudsters seek to hijack personal tax accounts
15th Mar 2022 | Posted by:HM Revenue and Customs (HMRC) is warning customers not to share sensitive personal information online to avoid their identities being used to commit tax fraud.
Read MoreUse the Correct National Insurance Letter to pay the correct amount
11th Mar 2022 | Posted by:With the 1.25% increase in National Insurance Contributions (NICs) from 6 April 2022 to help fund health and social care it is important that employers use the letter that is appropriate for that employee.
Read MoreNearly half of tax investigations dropped by HMRC
9th Mar 2022 | Posted by:HMRC investigations into individuals and small businesses last year yielded no returns in 47% of all cases
Read MoreHelp to Buy scheme pays out £674 million to house buyers
1st Mar 2022 | Posted by:The government's Help to Buy scheme has provided £674 million in funding for 604,720 house purchases
Read MoreHow can we help you?
Brearley & Co Accountants are pleased to offer a free, no obligation, initial consultation with one of our experts who will be happy to discuss your business needs and how we can help you.
Contact