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Tag: <span>Accountants Birmingham UK</span>

Tax Update August 2023

Welcome to the August 2023 Tax Update. In this edition we take a look the additional information required for R&D claims, Tax-Free Childcare Accounts, Company BBQs, Inheritance Tax, HMRC’s further interest rate rises, and this month’s events on the accounting horizon. If you need any help or advice on any…

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HMRC Unexpectedly Closes Self-Assessment Phone Line

This weekend HMRC unexpectedly and with no prior warning, closed their Self-Assessment phone line until the 4th September. Please bear with us during this period, as it will be difficult to deal with any issues that need to be referred to HMRC. To visit our Self-Assessment Tax page CLICK HERE…

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Tax Update June 2023

Welcome to the June 2023 Tax Update. In this edition we take a look at share options for employees, HMRC’s rate of interest, employee’s private fuel, advisory fuel rates for company cars, and this month’s events on the accounting horizon. If you need any help or advice on any of…

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Does your Company have a Shareholders Agreement?

HMRC Encourage ‘Digital by Default’ Tax Return Filing

HMRC is contacting almost 135,000 taxpayers who currently file paper self assessment (SA) tax returns to tell them that they will need to phone HMRC if they require a paper form. The SA forms will no longer be available to download from gov.uk. As part of HMRC’s ‘digital by default’…

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Business Rates List Closes Soon

Business Rates Relief Deadlines

Have you received your Business Rates Relief for Retail, Hospitality and Leisure from your Local Authority? We understand from various Clients that there is some disparity between Local Authorities when it comes to issuing rates bills for 2023-24. Some are automatically applying rate relief deductions, but equally a number aren’t.…

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Spring Budget 2023

On 15th March 2023, Chancellor Jeremy Hunt presented his first Budget to Parliament and set out a plan to reduce inflation, grow the economy and get Government debt falling, all whilst avoiding a recession and tackling labour shortages.  Below we set out some of the main points: COST OF LIVING…

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Genuine Contact from HMRC

Genuine HMRC contact and recognising phishing emails Find out about methods fraudsters use to try and get your personal information by viewing examples of scams identified by HMRC.  HMRC will sometimes contact customers by telephone, email, letter, and also sometimes use research companies to contact customers. If you’re not sure…

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Your Long-Term Financial Stability with Folkes Worton LLP Charte

Your Long-Term Financial Stability

With the uncertainties surrounding the economy, it’s an ideal time to be thinking about financial stability. So, if we want to provide those we love with security, it’s best to think long-term. The pandemic and the current increase in the costs of living show all too clearly that good health, and…

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Does your Company have a Shareholders Agreement?

Does Your Company Have a Shareholders Agreement?

For limited companies, when it comes to making decisions, Company Law states shareholders who own more than 50% can pass a motion at a company meeting regardless of the views of other shareholders and if a shareholder(s) owns 75% or more of the shares they control the company outright and…

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Pre-April tax planning reminder from Folkes Worton LLP Chartered

Pre-April Tax Planning Reminder

The new tax year starts on 6th April 2023, so there’s still some time left to consider your options, once we pass this date the majority of the tax planning options for Income Tax and Capital Gains Tax purposes will cease unless actioned before the 6th April. Do you fall…

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