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 23, 2019
Government to reassess impact of retrospective loan charges
The government will reassess its controversial proposed loans charge rules, which are intended to address disguised remuneration, typically via non-UK trusts or umbrella companies.
February 22, 2019
The value of a flexible employee benefits package
Employees are looking for more tailored benefits packages that will reward their loyalty to an organisation, as attitudes to careers and workplace benefits evolve.
February 21, 2019
Younger generations picking up the tax bill
The tax burden in the UK is shifting on to the younger generations, according to new research. Baby boomers paid £63 billion in income tax in the 2015/16 tax year, compared to a bill of £41.4 billion for millennials. However, baby boomers only paid 38.
February 20, 2019
Protecting the state pension for stay-at-home parents
An issue concerning how the high income child benefit charge (HICBC) can potentially affect stay-at-home parents has emerged. The HICBC claws back child benefit payments where either parent has income over £50,000 a year and removes the benefit entirely if either parent has income over £60,000.
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.