We're all about communication at Barnes Roffe, especially when it comes to our clients and contacts: existing or potential. For this reason we have set up our 'Blog Spot'. To help you to get to know our team, recognise our motivations and more importantly feel confident in the strategies we promote.We post here regularly, to help give you the insight and understanding you need to take every market change in your stride.
February 19, 2019
Three things to watch out for in your VAT return
The risks of incomplete VAT filings have been highlighted by a recent victory for HMRC over an appeal. The appeal – made by Sacutia Healthcare Ltd (TC06844) – concerned the father of the company director, who claimed a defence based on carelessness.
February 18, 2019
Saving early for life after work
The pensions landscape has changed significantly in recent years, but this will probably have gone unnoticed for many people entering the workplace as the subject of pensions is rarely one that grabs their attention.
February 12, 2019
Tax Return deadline a problem for some people
Now that most firms of Accountants can breathe with the 31 January self-assessment deadline behind us, HMRC have announced the stats for this year.
February 05, 2019
Film Tax Relief
Overview Any film production company currently making a film may be eligible to claim Film Tax Relief (FTR). If your business operates in this field, it may be worth looking into.
February 04, 2019
Planning Ahead for Income Tax
With the January tax return rush over, now is a great time to start reviewing your remuneration strategy for 2018/19 and to start planning for the coming tax year.
January 30, 2019
A lesson from Brexit
At the time of writing (and, in all probability, at the time of reading), there is no clear indication of what will happen with Brexit and no sign of any clarity on the horizon.
January 24, 2019
Making Tax Digital Pilot
As the deadline for Making Tax Digital for VAT is fast approaching, HMRC has released further updates, one of which is the pilot (timeline) for businesses to consider. The primary organisations affected by MTD will be those with a turnover over the VAT threshold (currently £85,000).
January 17, 2019
Partnership tax filing – lessons from the tax tribunal
If you’re in a partnership, who is responsible for filing the partnership tax return? A recent First Tier Tax Tribunal (FTT) case has highlighted not just worrying HMRC practice, but also the need for clarity. Mrs L is a partner in a two-partner business.
January 16, 2019
Gig economy’ reprieved in overhaul of workplace rights
The government has responded to the Taylor Review into workplace rights by adopting the majority of its recommendations to provide greater protection for workers on flexible or zero hour contracts. The working economy has changed substantially and with it the need to ensure that all workers are treated fairly.
January 15, 2019
Bonus gender pay gap revealed
Men are receiving almost twice the level of bonuses as women, according to data from the Office for National Statistics (ONS). The spotlight in 2018 fell on the gender pay gap and revealed significant differences across many industries.