323,700 tax credits customers have one month left to renew
323,700 customers are yet to renew their tax credits ahead of the deadline, with HM Revenue and Customs (HMRC) reminding them to do so by 31 July – or their payments will stop. Tax credits help working families with targeted financial support – so it’s important that customers renew before the deadline to ensure they […]
Will there be personal tax cuts? Government’s warning after Bank of England predicts inflation will top 11%
Government ministers have hinted that personal tax cuts are not on the cards until soaring prices have been brought under control as the Bank of England predicted that inflation will top 11% in the autumn. The Bank raised interest rates on Thursday (16 June) from 1% to 1.25% – the highest point since the start […]
International Women’s Day: Women in Accountancy
Story by: Kat Wellum-Kent, director at MHA Monahans I knew I wanted to be an accountant from the young age of 13. Growing up in a household of businesspeople, accounting was part of everyday life. I used to help my dad with the books for his dental practice and loved it when everything reconciled, I […]
Small businesses see rise in trading but lag in financial support
Business owners reported an 11% rise in trading this month, however are continuing to report on the struggle to find suitable financial backing now that government-backed loans are winding down. Small business owners have witnessed an 11% jump in trading over the past month, however they are struggling to find suitable financial backing from […]
Sunak to reject furlough extension calls despite ‘freedom day’ delay
Initially set as 21 June, Boris Johnson confirmed yesterday (14 June), that due to the rising number of cases of the new Delta variant of the coronavirus, ‘freedom delay’ has been delayed until 19 July. Chancellor Rishi Sunak is reportedly set to reject calls for an extension of the furlough scheme and business rates report to businesses […]
ACCA throws support behind new UK trade deal
[vc_row type=”in_container” full_screen_row_position=”middle” column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” scene_position=”center” text_color=”dark” text_align=”left” row_border_radius=”none” row_border_radius_applies=”bg” overlay_strength=”0.3″ gradient_direction=”left_to_right” shape_divider_position=”bottom” bg_image_animation=”none”][vc_column column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” column_link_target=”_self” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1/1″ tablet_width_inherit=”default” tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none” column_border_style=”solid” bg_image_animation=”none”][vc_column_text] The accountancy body believes the new trade deal between the UK, Norway, Iceland and Liechtenstein ‘provides certainty’ for many sectors in […]
HMRC spends £250k training staff to be hackers
[vc_row type=”in_container” full_screen_row_position=”middle” column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” scene_position=”center” text_color=”dark” text_align=”left” row_border_radius=”none” row_border_radius_applies=”bg” overlay_strength=”0.3″ gradient_direction=”left_to_right” shape_divider_position=”bottom” bg_image_animation=”none”][vc_column column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” column_link_target=”_self” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1/1″ tablet_width_inherit=”default” tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none” column_border_style=”solid” bg_image_animation=”none”][vc_column_text] HMRC has spent £262,251 on cyber security training for its staff over the last two years, according to official figures The […]
CIS: Getting your tax refund back fast
For sub-contractors who work within the Construction Industry Scheme (CIS), you can get your annual tax refund back faster with ADS Accountants. Whether it’s home improvements, a real treat for friends/family or a holiday, it’s always good to have extra cash whenever you need it. What is CIS and can I claim? The Construction […]
The economy has a long way to go before we see a recovery
Everyone knows that opinion polls are not a complete guide to the future. I say that because this post is based on work by YouGov, which is a polling organisation. But this is not the standard poll reported from them. It’s a poll on the plans of business. Does this make it any more or […]
5% deposit mortgage scheme launches
A new government-backed mortgage scheme will help first time buyers or current homeowners secure a mortgage with just a 5% deposit The guarantee will be valid for up to seven years after the mortgage is originated, evidence shows that loans are unlikely to default after such a period has elapsed. The scheme is intended […]