Dominic Brown Dominic Brown

VAT Threshold

Minimum Wages’ Increase

The annual rise of the National minimum wages is set to take place on the 1st of April 2023. This rise is one of the largest yet coming at an essential time due to people feeling increased pressure with the current cost of living crisis.

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Dominic Brown Dominic Brown

Construction Industry Scheme (CIS)

Minimum Wages’ Increase

The annual rise of the National minimum wages is set to take place on the 1st of April 2023. This rise is one of the largest yet coming at an essential time due to people feeling increased pressure with the current cost of living crisis.

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Dominic Brown Dominic Brown

Minimum Wages’ Increase

Minimum Wages’ Increase

The annual rise of the National minimum wages is set to take place on the 1st of April 2023. This rise is one of the largest yet coming at an essential time due to people feeling increased pressure with the current cost of living crisis.

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Dominic Brown Dominic Brown

Autumn budget 2022

Corporation Tax

The rise of corporation tax has been re-established from April 2023, if your profit is greater than £250,000 then the rate will increase from 19% to 25%. Businesses with profits less than £50,000 will remain at the standard 19%.

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Dominic Brown Dominic Brown

HMRC used eBay data to estimate turnover

His Majesties Revenue and Customs have confirmed that any tax-payers who have not informed them within 60 days of selling a residential property that they must do so now. Even if they have included this on their self-assessment forms.

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Dominic Brown Dominic Brown

Phoebes’ Award

We are delighted that Phoebe Clarkson our young apprentice, has won the Employers choice award at this years’ Sheffield College Apprentices award event.

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Dominic Brown Dominic Brown

Rescue & Recovery

It is well known that the failure of a businesses could have been avoided if the Directors, Shareholders or owners had been given the correct advice at the correct time.

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Dominic Brown Dominic Brown

Beware of bogus callers

Many people are receiving calls and messages apparently from the Inland Revenue. There has been a huge increase just recently with many people being contacted by fraudsters and the outcome is that many people have lost large amounts of money.

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Dominic Brown Dominic Brown

Forensic Accounting

Frequently, during the lifetime of a business, it’s possible that you will become involved in a legal dispute over money. It could be any of the following…

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Dominic Brown Dominic Brown

Making Tax Digital and Self-Assessment

How will the changes in how you complete your self-assessment tax returns effect you? The changes will happen in April 2024 and most people who are registered for self-assessment will be caught up in the new regulations.

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Dominic Brown Dominic Brown

New tax penalty scheme

HMRC has confirmed that their new points-based penalty scheme will come into effect from 1st April 2022. This will apply to all tax payers for VAT, Corporation Tax and Self-Assessment.

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