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.
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
Managing Your Cash Flow
With increasing supplier prices and economic uncertainty, managing your business’s cash and understanding its
Are You Due A National Insurance Refund on Car Allowances?
Recent Tribunal decisions in favour of employing companies and against HMRC has caused many organisations in similar circumstance to
Rumour’s That Inheritance Tax May Be Abolished
In the weeks before any Budget or Autumn Statement there are always leaks and rumours. Normally, in the run up to a General Election there are also tax give
First Time Tax Return?
Taxpayers who are new to Self-Assessment for the 2022 to 2023 tax year may include
Autumn Statement Date Set For 22 November
The Treasury has announced that the Office of Budget Responsibility (OBR) will produce a report on the state of the UK Economy in
The REALLY Important Stuff!
With the constant news surrounding the economy, interest rate uncertainty, and high inflation, it is difficult not to
It’s Important to Have up to Date Profit Forecasts for Tax
From 1 April 2023 the rate of corporation tax that a company pays depends on the level of the company’s profits and
New Fire Safety Legislation
From 1st October 2023 new fire safety legislation comes into effect. This will mean that many businesses and building owners need