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.

Managing Your Cash Flow
With increasing supplier prices and economic uncertainty, managing your business’s cash and understanding its

Are You Due A National Insurance Refund on Car Allowances?
Recent Tribunal decisions in favour of employing companies and against HMRC has caused many organisations in similar circumstance to

Rumour’s That Inheritance Tax May Be Abolished
In the weeks before any Budget or Autumn Statement there are always leaks and rumours. Normally, in the run up to a General Election there are also tax give

First Time Tax Return?
Taxpayers who are new to Self-Assessment for the 2022 to 2023 tax year may include

Autumn Statement Date Set For 22 November
The Treasury has announced that the Office of Budget Responsibility (OBR) will produce a report on the state of the UK Economy in

The REALLY Important Stuff!
With the constant news surrounding the economy, interest rate uncertainty, and high inflation, it is difficult not to

It’s Important to Have up to Date Profit Forecasts for Tax
From 1 April 2023 the rate of corporation tax that a company pays depends on the level of the company’s profits and

New Fire Safety Legislation
From 1st October 2023 new fire safety legislation comes into effect. This will mean that many businesses and building owners need

Start-Up Loans for New Businesses
Start Up Loans are personal loans designed to help new businesses begin trading. They were created to

The Autumn Statement is Scheduled for 22 November 2023
The Chancellor of the Exchequer, Jeremy Hunt, has confirmed that the Autumn Statement will be on 22 November 2023. The Autumn Statement can affect tax policy, benefits, and

Going Digital – The Need for Speed!
The trend towards paperless office solutions is rapidly increasing, whether it is to improve business efficiency or realise environmental goals. Our most profitable clients have already

Action Fraud Warns of Remote Access Scams
Action Fraud has received over 30 crime reports since June 2023 relating to remote access scams targeting businesses, with victims reporting

UK Online Safety Bill
The Online Safety Bill is a new set of laws to protect children and adults online. It will make

HMRC Overlap Relief Form – Unincorporated Businesses
Businesses that are sole traders, partners of trading partnerships, and members of LLPs who pay income tax on the profits of their businesses are subject to the

Back to School – Set up A Tax - Free Childcare Account?
The Government’s Tax-Free Childcare Accounts provide a 25% subsidy towards the cost of childcare. The account can be used to pay

Advisory Fuel Rate for Company Cars
The table below sets out the HMRC advisory fuel rates from 1 September 2023

Income Tax on Inherited Pension Funds
Currently, where an individual pension holder dies before age 75, drawdown pensions paid to a successor can generally be received

Merger of R&D Tax Relief Schemes to go Ahead
The government have issued draft legislation for consultation on the proposal to merge the two forms of