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.

Self-Assessment Payments Via the HMRC App Treble To £121 Million
Almost 100,000 tax-payers have paid £121 million using the

Autumn Statement 2023
In January 2023 the Prime Minister set out three economic priorities: to halve inflation, grow the economy and reduce debt. Consumer Prices Index (CPI) inflation has now more than halved from a peak of over 11% last autumn to 4.6% in October 2023.

Scam Email Alert
Please be aware that recently our staff have been the target of phishing scams and as a result have

***Exciting News***
Just over 12 months ago, we were devastated to discover that Rawcliffe HQ had been destroyed by

Self-Assessment Scam Warning
With a large number of people expected to submit a Self-Assessment tax return for the 2022-23 tax year before the 31 January 2024 deadline, fraudsters will prey on customers by impersonating

Reclaiming Input VAT on The Sale of Shares
The sale of shares is an exempt supply for VAT purposes, which means that input VAT on professional fees in connection with the

Charging Electric Cars at Home
HMRC have recently clarified their view of the tax treatment of the reimbursement of electricity costs where employees charge their

HMRC Challenges LLP Scheme for Property Businesses
HMRC have recently published Spotlight 63 which alerts taxpayers to a marketed tax avoidance scheme that claims to

Not All LLP Members are Self-Employed
Since April 2014 members of a LLP are no longer automatically treated as

Salary or Dividend Best in 2023/24?
In recent years many accountants have advised their director/shareholder clients that the most tax efficient method of

The VAT Flat Rate Scheme - New Online Form
The amount of VAT a business pays or claims back from HM Revenue and Customs (HMRC) is usually the difference between the VAT charged by the business to

Working from Home and the £6 Per Week Allowance
During the COVID pandemic the government relaxed the conditions to enable those working from home to be paid £6 a

Understanding the Right to Work and Minimum Wage Eligibility
All employers in the UK have a responsibility to prevent illegal working. You do this by conducting simple right to work checks before

UK Businesses Support Britain’s Plan for Digital Trade Borders
UK businesses have given a thumbs up to incoming changes set to digitalise Britain’s trade borders and

Millions Heading for Retirement Without a Financial Plan
Millions of over-55s in the UK are at risk of encountering financial difficulties in their retirement, new

New Bans and Restrictions on Polluting Single-Use Plastics
Government action to tackle the scourge of litter and protect the environment from plastic pollution came into force on the 1 October, with bans

UK Government Announces More Legislation to Tackle Late Payments
The UK government has announced tougher measures to tackle the issue of late payments to small

This UK Government is the Biggest Tax-Raising Parliament Since Records Began
The UK government is currently raising more in tax revenue, as a percentage of national income, than at any time since the