Blog
Trade and Customs: Commodity Codes
A figure of Captain America (think Marvel comic books), the Tin Man, some Norse gods and Grey Worm from ‘Game of Thrones’ all came before the tax tribunal recently. It was a case about commodity codes, and the dispute turned on whether they were dolls representing...
HMRC eyes potentially underdeclared dividend income
HMRC is using its data analytic powers to contact taxpayers where it thinks there’s a chance that income has been overlooked. What it’s interested in is income from distributions or dividends. It has been looking at company accounts, and where it has identified a...
Budget Surprises
If they weren’t exactly rabbits out of the hat, Spring Budget 2024 still sprang its share of surprises. VAT registration limit Having been frozen at £85,000 since 2017, the VAT registration threshold wasn’t expected to change until at least March 2026. The Chancellor...
Cherwell Business Awards 2024
The Cherwell Business Awards is the original business awards for Cherwell District, serving to showcase and celebrate business excellence.
Research and Development (R&D) Tax Reliefs – The New Merged Scheme
R&D tax relief is a government incentive providing companies with tax breaks to encourage investment in innovative projects in the field of science and technology.
Companies House Fees to Increase from 1 May 2024
Companies House has revealed changes to its fees from 1 May 2024 stating that these increases are intended to align with the actual costs of delivering their services.
Why Invest in a Pension?
We have seen relatively higher profits from farming over recent years, although do appreciate that profits are now reducing as a result of commodity prices coming down. Pension contributions have provided a means of reducing income tax liabilities, and will still be relevant when contribution with reliefs such as farmers’ averaging.
How will the Basis Period Reform affect your business?
The “Basis Period Reform” is something that has been on the horizon for several years now but with the 2023/24 tax year being the transitional year, actions now need to start being taken. From the 2024/25 tax year, all unincorporated businesses will be required to...
What should I be doing with my assets?
There is not a one size fits all answer as to what to do with your assets to pass down to your loved ones. Everyone’s situation is unique, and as such should be considered separately when it comes to estate planning.
Blakesley Show 2024
We are exhibiting at the Blakesley Show on Saturday 7 August 2021 at Blakesley Heath Farm in Maidford. Come and say hello to our friendly team.
Retirement and Pensions round-up
What happens to your pension when you die?
Real or fake? How HMRC communicates
Out of the blue, a text or phone call claiming to be HMRC.
Construction industry tax compliance
New change raises the bar for gross payment status (GPS).
Making Tax Digital: remodelled and going ahead
Autumn Statement 2023 has confirmed the start dates for Making Tax Digital for Income Tax (MTD ITSA).
Cash Basis change means choice for unincorporated businesses
Rules extending use of the cash basis to calculate trading profits need consideration now.
HMRC Pay By Bank Account Service
HMRC is offering a new facility as part of its pay-by-bank account service.
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Our accreditations
We are proud to be recognised as a Top 100 Accountancy firm in the Accountancy Age 2023 survey. We are longstanding and active UK200Group members, and affiliate members of AGN, an international association of accountants. We have One Star Best Companies status, reflecting our commitment to being a great workplace. As a Xero Platinum Partner, we are dedicated to supporting our clients in online accounting.
Banbury
Countrywide House
23 West Bar Street
Banbury
Oxfordshire
OX16 9SA
T: +44 (0)1295 250401
Birmingham
Kettering
2700 Kettering Parkway
Kettering Venture Park
Kettering
Northamptonshire
NN15 6XR
T: +44 (0)1536 646000
