BR Blog

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.

December 10, 2018

New probate fees to affect many estates

The government has revived plans to raise probate fees in England and Wales. A new, banded structure for probate fees in England and Wales is to be introduced, according to a written statement issued after the 2018 Budget. The announcement comes despite the 2018 Budget barely mentioning inheritance tax (IHT).
December 10, 2018

Are you taking your cyber-security responsibilities seriously?

Historically, IT grew as a responsibility of the finance function, largely because most of the early programmes were focused on providing and processing financial information.
November 26, 2018

Child Benefit – To Opt or Not To Opt Out?

Most of us are now familiar with the ‘high income’ child benefit charge, whereby a parent is in receipt of child benefit and the parent or someone else (not necessarily the parent’s partner) living in the same household earns in excess of £50,000, then the highest earner may need to repay some of the child. . .
November 19, 2018

Travel and Subsistence: Food for Thought

Travel and Subsistence is an important expense for many people in their everyday working lives and it is often not clear on what and when you can claim for your travel journeys. Here we delve into the world of travel and subsistence and explore HMRC’s guidelines when it comes to claiming this expenditure.
November 16, 2018

Making Tax Digital deadline deferred for certain businesses

The Making Tax Digital (MTD) for VAT deadline has been extended until October 2019 for certain businesses. Around 3.5% of mandated customers are affected, including VAT divisions and groups, trusts, unincorporated not-for-profit organisations and traders based overseas. The later deadline was announced in response to concerns raised by businesses participating in the VAT pilot scheme.
November 15, 2018

Can the Chancellor save the high street?

Business rates will be cut by one third for small retailers as part of the government’s drive to revitalise the UK’s high streets, as announced in the 2018 Budget. Most retail business with a rateable value of less than £51,000 will see their business rates cut by 33% for two years from April 2019.
November 13, 2018

Budget Boost for business investment?

The 2018 Budget delivered opportunities for businesses, intended to support and encourage them to invest. One of the key developments confirmed by the Chancellor – but originally announced in previous Budgets – is that corporation tax will fall to 17% from 2020.
November 13, 2018

The Budget: an end to austerity?

The 2018 Budget – recently – produced a number of surprises, not least some high-profile ‘giveaways’. Announcements in the Budget included: A £650 increase in the personal allowance to £12,500 for 2019/20, the level originally pencilled in for 2020/21. A £3,650 increase in the higher rate threshold to £50,000, again targeted for 2020/21.
November 13, 2018

Barnes Roffe Cycle Sportive

Late September saw us hold the inaugural “BR cycle sportive” starting and finishing at Berkhamsted Golf Club.  The keen cyclists of the firm including partners Nigel Goodman, Simon Liggins and Adam Dodds hosted an eclectic mix of cycling clients and contacts from across all three of our offices.
November 12, 2018

Student Loan Repayments – Don’t Get Caught Out!

We have had a number of cases recently where HMRC have rightly enquired into clients’ Self-Assessment Tax Returns because of omitted student loan repayments. Loan Repayment via Paye or Self-Assessment If you are employed and are paid through the PAYE system, your employer should automatically deduct any amounts due.
1 2 3 4 33
Contact Us
ICAEWThe Chartered Institute of TaxationACCAIPG