Late payment interest to fall for first time in four years

Late payment interest to fall for first time in four years

Late payment interest to fall for first time in four years ​​​​​​​Late payment interest rates on underpaid taxes will soon decrease due to the recent reduction in the Bank of England’s base rate. What are the new charges? From 12 August 2024 the following rates will apply: From 20 August, the rates for other taxes ... Read More
 
Our strategic partnership with Swoop Funding

Our strategic partnership with Swoop Funding

Through our strategic partnership with Swoop, Dunhams are here to help you unlock the best funding and savings options available. The benefits our clients can gain from our partnership include; Through this collaboration we can offer a seamless funding application as we understand our clients their business and their combined requirements. Please reach out on ... Read More
 
New online VAT registration tool

New online VAT registration tool

Small business help with VAT Tool. Enterprises get VAT Partners Accounting Assistance. New online VAT registration tool New online tool has been launched to help businesses understand the impact of being VAT registered. What’s the full story? If you want more help see out VAT Services The latest interactive tool has been introduced by HMRC ... Read More
 
MONTHLY FOCUS: USEFUL VAT SCHEMES FOR BUILDERS

MONTHLY FOCUS: USEFUL VAT SCHEMES FOR BUILDERS

Small Builders find VAT Help. Accounting Partners get the right guidance on VAT Scheme’s. MONTHLY FOCUS: USEFUL VAT SCHEMES FOR BUILDERS Page Content:- Flat Rate Scheme Cash Accounting Scheme Annual Accounting Scheme VAT reporting can be an administrative headache, especially for smaller businesses. However, there are a number of schemes that can help to simplify ... Read More
 
IHT exemptions – when and how to use them

IHT exemptions – when and how to use them

Does Inheritance Tax Impact small business? Is IHT of any benefit to Big Business? IHT exemptions – when and how to use them Naturally, you want to keep as much of your estate as possible from HMRC’s coffers and so increase the amount your beneficiaries will receive. What simple steps can you take now to ... Read More
 
Taxpayer victory bucks trend in SDLT row

Taxpayer victory bucks trend in SDLT row

Stamp Duty made not so easy for Small Business Accounting Big Business still need to take care with Duty Claimes? Taxpayer victory bucks trend in SDLT row Stamp duty land tax (SDLT) refund claims have been a target of HMRC investigations over recent years. This is usually due to weak claims for non-residential rates to ... Read More
 
HMRC can’t fix Class 2 NI problem

HMRC can’t fix Class 2 NI problem

Small Business Accounting for Class 2 NI Problem HMRC can’t Help Big Business Accounting Partners Some people have been receiving mysterious refunds of Class 2 NI in recent weeks. HMRC has now provided an update on the issue. What’s going on? HMRC can’t fix Class 2 NI problem Class 2 NI has been collected via ... Read More
 
MONTHLY FOCUS: PROVIDING TAX-FREE BENEFITS TO EMPLOYEES

MONTHLY FOCUS: PROVIDING TAX-FREE BENEFITS TO EMPLOYEES

Tax-Free Benefits for Small Business Employees? Big Businesses may Reward Staff? MONTHLY FOCUS: PROVIDING TAX-FREE BENEFITS TO EMPLOYEES Page Content:- Benchmark subsistence rates Childcare Christmas parties and annual functions Cycle to work schemes Eye tests and spectacles Providing benefits that are exempt from income tax is a great way to reward employees in a tax-efficient ... Read More
 
What do the main parties intend to do with tax?

What do the main parties intend to do with tax?

Small Business Election Tax-related promises? Any Tax-related promises for Enterprise Businesses? With three weeks to go until the election, the main parties have been making tax-related promises. What do we know so far? Speculating about tax changes can be a fruitless exercise, e.g. before Budget day. However, with a number of tax policies being a ... Read More
 
Warning for cryptoasset investors

Warning for cryptoasset investors

Small Investors Gains & Losses will be recorded Large Investors may be affected too? Changes to the self-assessment tax return signal HMRC’s intention to go after those buying and selling cryptoassets. What’s the full story? Warning for cryptoasset investors HMRC has already set out its design for self-assessment tax returns for 2024/25. The return will ... Read More