On 25th November, George Osborne delivered his Autumn Statement. As ever, this statement was a good mix of rhetoric, reminders of past policy changes and a hint towards April 2016. It is rare that major policy is announced in the Autumn and this was certainly the case in 2015 for interested SME spectators. Unlike […]
Tax News As the nights are drawing in and we get ready for another raft of new tax legislation to be announced in the autumn statement, we thought we would bring you up to date on a number of previously announced measures and look at what is in the pipeline for April 2016 and beyond. […]
Can Chichester catch a Chinese cold? As Chinese economic issues continue to ripple out across the world, I found myself wondering what impact a Chinese slowdown, or even meltdown could have on us here in Chichester. If you are like me and often see these stories on the news and think to yourself that is […]
The landscape for UK small business is strong, with a new report confirming confidence across the sector. The report, from the Federation of Small Businesses, suggests that small businesses expect to grow this year, following a “robust” improvement in confidence during the past three months. Encouragingly the research showed that business confidence was at its […]
Many small businesses have welcomed the announcement by HMRC that it intends to move away from automatic penalties for tax to a less rigid approach. As part of the drive, a “more proportionate approach” will be taken when small employers miss PAYE filing deadlines. This announcement follows on the back of HMRC accepting “reasonable excuses” […]
Tax and Accounts News Round up We are delighted to provide our regular round up of tax and accounts news for you to download here: Evans Weir Tax and Accounts News Round Up Summer 2015 In this edition we look at: The Budget Forecast – Chancellor Osborne returns for his second budget of 2015 (first […]
From the start of the next financial year (6 April 2016) the state pension will transform into a flat rate structure. This is a significant change, affecting everyone who reaches state pension age on or after the said date. The new rules require at least 10 years of full contributions for any of the flat […]
We have watched events in the grocery sector in April with interest as we can all learn something from the very public battles which are taking place. The month started with news that Aldi had leapfrogged Waitrose to be the 6th biggest supermarket by market share, continuing the discounters dilution of the ‘Big 4’s’ dominance, […]
Small business owners should be aware that RTI penalties for companies with less than 50 employees kicked in from March 2015. RTI has now been in existence for a few years, gradually rolling out to businesses of all sizes and now that the system is fully implemented, the final part of the jigsaw is being […]
Auto Enrolment – obligation again! We are aware that The Pensions Regulator has recently started contacting smaller companies notifying them of their staging date and asking them to nominate a contact for future communications regarding Auto Enrolment. A sample letter is shown here >> Auto Enrolment obligation is a legal policy and failure to respond […]
In 2014 the rules around provision of certain legal services changed… The body that oversees accountancy practices, the Institute of Chartered Accountants in England and Wales (ICAEW) became a regulator and licensing authority, meaning consumers looking for probate services are now able to use appropriately qualified ICAEW Chartered Accountants as an alternative to traditional providers. […]
Whilst we may be wiping our brow and breathing a sigh of relief that January is done and dusted and the tax return deadline has passed, it is worth keeping in mind what the implications are of missing the deadline – if only to keep ones eye on the ball for January 2016…! So we […]