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.

Why Cash Flow Management is Essential Right Now
the UK's rate of inflation dropped to 7.9% in the year to June, which means the rate of price rises in the UK has

Financial Services and Markets Bill Receives Royal Assent
The Financial Services and Markets Act 2023 is part of the UK government’s plan to grow the economy and

Accident, Sickness and Unemployment Cover Explained
Accident, Sickness and Unemployment cover, also known as ASU, is a type of insurance designed to replace a lost income

Is “Going Green” an Option for Smaller Businesses?
Going green could boost competitiveness and specifically improve a business’s

New Information Hub Launched to Help Limited Company Directors Make the Right Decisions at the Right Time
The Insolvency Service has launched a new online information hub to support company directors

HMRC Challenging A Marketed School Fees Plan
HMRC frequently warn taxpayers that when a tax avoidance scheme looks “too good to be true”, it probably is. They publish

Can We Still Be Paid £6 A Week for Working from Home?
During the COVID pandemic the government relaxed the conditions to enable those working from home to be paid £6 a week tax free by their

Should Small Businesses Still Use the VAT Flat Rate Scheme?
The VAT Flat Rate scheme was introduced in 2002 to simplify VAT reporting for small traders, reducing the time taken to

Changes to Corporation Tax Main Rate
Following the Corporation Tax rate increase on April 1, the rate of tax a company pays will depend on its level of

Super-Deduction Replaced by “Full Expensing”
In the Spring Budget the Chancellor announced that “full expensing” - 100% relief for new, eligible plant and machinery - would

Deadline For Topping Up NI Contributions Extended Again to 5 April 2025
With all of the changes to personal pensions in the Spring Budget, maximising the State Pension entitlement should not be overlooked. The full rate of new State Pension increased to

Charities Gain New Powers as More Legislative Changes Come into Force
New powers from the Charities Act 2022 have now come into effect, resulting in changes for

HMRC Late Payment Interest Rates To Be Revised June 2023
The Bank of England Monetary Policy Committee announced on 22 June 2023 to increase the Bank of England base rate to

Rogue Business Rates Agents – Be Aware!
The Valuation Office Agency (VOA) is urging businesses to protect themselves from rogue business rates agents

Do You Have A Growth Strategy?
Having a growth strategy is important because it keeps your company working towards goals that go

Is Your Business Cyber Secure?
Cyber Essentials is a Government backed scheme that will help you to protect your organisation, whatever its size, against a whole

Making Tax Digital for Income Tax Update
Since MTD was announced, we have been working with many of our clients to help them streamline the way they keep their books and help them

Advisory Fuel Rate for Company Cars
These are the suggested reimbursement rates for employees' private mileage using their company car.