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.
ACAS Consultation – Code of Practice on Handling Requests for Flexible Working
Acas is updating its statutory Code of Practice on handling requests for flexible working, to reflect the
Rumors of the Abolition of Inheritance Tax
There are rumors circulating in the press of the possible abolition of inheritance tax
HMRC Raise Interest Rates Again as Base Rate Increases
HMRC interest rates are linked to the Bank of England base rate. Late payment interest is
Use Tax-Free Childcare Account to Pay for Summer Holiday Clubs
Tax-Free Childcare accounts can be used to pay for approved childcare for children aged
Planning A Staff Summer Barbeque?
Employers may meet the cost of certain social events for staff without creating a tax liability
Provide Additional Information of R&D Claims From 1 August 2023
When a limited company intends to make a claim for research and development (R&D) tax relief, from 8 August 2023 onwards it
Why Cash Flow Management is Essential Right Now
the UK's rate of inflation dropped to 7.9% in the year to June, which means the rate of price rises in the UK has
Financial Services and Markets Bill Receives Royal Assent
The Financial Services and Markets Act 2023 is part of the UK government’s plan to grow the economy and
Accident, Sickness and Unemployment Cover Explained
Accident, Sickness and Unemployment cover, also known as ASU, is a type of insurance designed to replace a lost income
Is “Going Green” an Option for Smaller Businesses?
Going green could boost competitiveness and specifically improve a business’s
New Information Hub Launched to Help Limited Company Directors Make the Right Decisions at the Right Time
The Insolvency Service has launched a new online information hub to support company directors
HMRC Challenging A Marketed School Fees Plan
HMRC frequently warn taxpayers that when a tax avoidance scheme looks “too good to be true”, it probably is. They publish
Can We Still Be Paid £6 A Week for Working from Home?
During the COVID pandemic the government relaxed the conditions to enable those working from home to be paid £6 a week tax free by their
Should Small Businesses Still Use the VAT Flat Rate Scheme?
The VAT Flat Rate scheme was introduced in 2002 to simplify VAT reporting for small traders, reducing the time taken to
Changes to Corporation Tax Main Rate
Following the Corporation Tax rate increase on April 1, the rate of tax a company pays will depend on its level of
Super-Deduction Replaced by “Full Expensing”
In the Spring Budget the Chancellor announced that “full expensing” - 100% relief for new, eligible plant and machinery - would
Deadline For Topping Up NI Contributions Extended Again to 5 April 2025
With all of the changes to personal pensions in the Spring Budget, maximising the State Pension entitlement should not be overlooked. The full rate of new State Pension increased to
Charities Gain New Powers as More Legislative Changes Come into Force
New powers from the Charities Act 2022 have now come into effect, resulting in changes for