Blog
All the latest changes to tax legislation- important tax dates and deadlines, Help-Sheets on managing your personal finances, business news & opinion, as well as updates on what’s happening at Rawcliffe’s.
Increasing Your Profit – Why it’s Not the Same as Growing Sales
While increasing turnover (revenue) is important, it doesn’t necessarily lead to increased profits
Financing Your Business – What Should You Know?
What types of finance are available? How can you present a request to a bank and have it accepted? We will endeavour to
Are You or Your Employees Making Good Use of Tax-Free Childcare?
Tax-Free Childcare is available to working families to help them save on their childcare costs. However, many may not be making use of this provision and with the Easter break soon
New Companies House Powers Come into Force
New powers for Companies House based on the Economic Crime and Corporate Transparency Act 2023 (ECCT Act) came into force on 4 March 2024. The new measures allow Companies House to
Spring Budget 2024
Jeremy Hunt says the UK economy has dealt with the financial crisis, the pandemic and energy crisis caused by war in Europe. He acknowledges that interest rates “remain high as we bring down inflation”, but adds: “We can now help families not just with cost of living support but with permanent cuts in taxation.” He calls it a “budget for long term growth”
Are You Ready? Carers Leave Act Comes into Force From 6 April 2024
The Carer’s Leave Act comes into force on 6 April 2024, which will affect all employers in the UK.
Cuts to National Insurance: Reminders About Changes
In November 2023’s Autumn Statement, the government announced some National Insurance (NI) changes. Some of these changes went into effect in January 2024, whereas others will come into effect on
Are You Getting Minimum Wage Payments Right?
Last Tuesday, the government named and shamed 524 businesses for failing to pay the minimum wage to their staff.
Companies House Fees to Increase from 1 May 2024
Companies House have reviewed the fees they charge and have released details of the new charges that will apply from 1 May 2024.
Update on HMRC Double Cab Pick Up Guidance
On Monday 12 February 2024 HMRC updated its guidance on the tax treatment of Double Cab Pick Ups (DCPUs), following a 2020 Court of Appeal judgment. The guidance had confirmed that, from 1 July 2024, DCPUs with a payload of
New Powers for Companies House in Tackling Economic Crime
The Economic Crime and Corporate Transparency Act, which received royal assent on October 26, 2023, gives Companies House the power to play a more substantial role in
Income Tax and Selling Online
In recent weeks there has been a flurry of online activity discussing the new law that will require online marketplaces to report information about income made by their users to HMRC
Pilot Scheme to Look at Potential Fraudulent Bounce Back Loan Scheme Applications
The Department for Business (DBT), the Cabinet Office, and HM Revenue & Customs (HMRC) have initiated a pilot program to detect potential fraud committed by sole traders under the Bounce Back Loan Scheme
Where Does the Money Go?
With ever increasing supplier prices, managing your businesses cash and understanding the
ICO Guidance on International Data Transfers
This information aims to help organisations know how to protect people's personal information when
HSE Guidance on Keeping Workplace Temperature Reasonable
As winter takes hold, you can find helpful advice from the Health and Safety Executive (HSE) on keeping
Companies Urged to File Accounts Early and Online to Avoid Penalties
Running your own company can be exciting but also challenging. Directors have lots of responsibilities including