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10 Chartered Accountants

News

New advisory fuel rates for electric company cars
10 June 2024

HM Revenue & Customs (HMRC) has recently announced new Advisory Fuel Rates (AFRs) that will take effect from 1 June 2024.
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Three great reasons to file your tax return early
10 June 2024

We often find that clients begin to show signs of stress when the Self-Assessment tax return deadline approaches.
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The rise of the higher rate taxpayer
14 May 2024

The Government continues to freeze both the personal allowance and the higher-rate income tax thresholds – leading to an increase in the number of higher-rate taxpayers this year.
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High-income earners need to re-register for child benefit
14 May 2024

Child benefit supports parents or guardians of children under 16, or under 20 if in approved education, by contributing towards the costs of raising them.
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P11D – Remember to report before the July deadline!
14 May 2024

With the 6 July deadline nearing, it is essential to understand the updated reporting requirements for Class 1 National Insurance Contributions (NICs) on benefits in kind (BIKs).
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SME recovery continues as sustainability and growth take centre stage
14 May 2024

In its latest research into the UK’s SME economy, NatWest Group has identified an encouraging trend among the country’s independent operators, as SME growth continues for the fifth consecutive month.
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Preparing for the second payment on account – and what happens when you can’t pay?
14 May 2024

If you are a Self-Assessment taxpayer, it is almost time to make your second ‘payment on account’ – advance payments towards your tax bill.
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Gratuities and tips – What the delay to the Employment (Allocation of Tips) Act 2023 means for you
14 May 2024

The Department of Business & Trade (DBT) has released the finalised draft of the Code of Practice on Fair & Transparent Distribution of Tips – the next step towards bringing the Employment (Allocation of Tips) Act 2023 (the Act) into force.
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Five steps to growing your business, safely
15 April 2024

There is an inherent degree of risk in any business growth strategy – but keeping this risk to a minimum can help you grow your business without sacrificing your hard work. Growing your business hinges on your ability to take calculated risks, whether that be by investing in innovation or by taking on a new member of staff.
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Are barriers to investment harming your productivity?
15 April 2024

A survey by the Bank of England (BoE) and the Department of Business and Trade has identified a potentially significant challenge facing SMEs on their journey towards growth. The survey’s findings indicate that investment is crucial to sustaining growth for SMEs, but that many businesses faced barriers to accessing finance to make sufficient investment in areas, such as research and development, operational improvements and recruitment.
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Case Studies