{"id":1066,"date":"2022-07-11T09:10:34","date_gmt":"2022-07-11T08:10:34","guid":{"rendered":"http:\/\/www.kpmaccounts.co.uk\/wp\/?page_id=1066"},"modified":"2023-05-19T14:40:54","modified_gmt":"2023-05-19T13:40:54","slug":"news","status":"publish","type":"page","link":"https:\/\/www.kpmaccounts.co.uk\/wp\/news\/","title":{"rendered":"News"},"content":{"rendered":"

Latest News and Topics in the Finance World<\/h2> <\/div> <\/div>
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April 23<\/p>

Make the most of the new tax year<\/a><\/h4>

The new tax year started on April 6 and while many people will wait until the last minute to maximise the tax benefits available to them, there is a lot to be…<\/p> Read more<\/a><\/div> <\/div>

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March 23<\/p>

Budget round-up – What’s Changed?<\/a><\/h4>

The latest Budget on March 15 was a mix of wins and losses for people and companies around the country, with some considerable changes for pensions and the highest rate taxpayers thrown in…<\/p> Read more<\/a><\/div> <\/div>

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February 23<\/p>

Common e-commerce mistakes<\/a><\/h4>

Running an e-commerce business is easier now than ever before. There are a number of ways you can create an online shop without needing…<\/p> Read more<\/a><\/div> <\/div>

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January 23<\/p>

MTD for ITSA is delayed<\/a><\/h4>

Making Tax Digital (MTD) has been on the cards for years now, with businesses already pushed towards dealing with their VAT this way. But plans to extend…<\/p> Read more<\/a><\/div> <\/div>

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January 23<\/p>

New VAT penalty regime<\/a><\/h4>

A new VAT penalties regime was brought in this month, and any firms or individuals missing their filing deadline from January 2023 onwards will receive penalty points even if…<\/p> Read more<\/a><\/div> <\/div>

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December 22<\/p>

Should your business declare the cost of the Christmas party?<\/a><\/h4>

Christmas parties or even regular summer BBQs, or annual team building events may need to be declared to HMRC…<\/p> Read more<\/a><\/div> <\/div>

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November 22<\/p>

Autumn Statement<\/a><\/h4>

You could be forgiven for thinking Budget statements are a bit like buses lately \u2013 we don\u2019t have one for ages, and then three come along almost at once…..<\/p> Read more<\/a><\/div> <\/div><\/div> <\/div><\/div>

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October 22<\/span><\/p>

Mini-Budget wreaks havoc<\/span><\/a><\/h4>

New chancellor Kwasi Kwarteng delivered his first mini-Budget, officially labelled \u2018The Growth Plan 2022\u2019, on September 23, and while it largely consisted of tax giveaways, it was not well received by markets\u2026<\/p> Read more<\/a><\/div> <\/div>

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October \ufeff<\/span>22<\/span><\/p>

Act now to maximise your pension contributions<\/span><\/a><\/h4>

The changes to income tax rates are going to benefit all taxpayers from April next year as they get to keep more of the money they have earned. But one knock-on effect is that the amount of tax relief you can get on your pension will be reduced for\u2026<\/p> Read more<\/a><\/div> <\/div>

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October 22<\/span><\/p>

Is your business vulnerable?<\/span><\/a><\/h4>

Registered company insolvencies in England and Wales rose by 43% in August this year compared to the same period in 2021, and they were 42% higher than in August 2019, the comparable period before the pandemic\u2026<\/p> Read more<\/a><\/div> <\/div>

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October 22<\/span><\/p>

Changes made to Corporation Tax filing in September<\/span><\/a><\/h4>

HMRC made some changes to the way Corporation Tax needs to be filed online in September, and companies need to be aware of what they are now expected to do and where there could be difficulties with filing online for certain items\u2026<\/p> Read more<\/a><\/div> <\/div>

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September 22<\/span><\/p>

PAYE round-up \u2013 what\u2019s new and what you need to know<\/span><\/h4>

Dealing with PAYE is one of the main roles of any accounts department, and HMRC has been busy in this area over the past month, meaning there is plenty for businesses to know for the months ahead. One of the most pressing issues is\u2026<\/p> Read more<\/a><\/div> <\/div>

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September 22<\/span><\/p>

Self-Assessment \u2013 it\u2019s getting to that time again<\/span><\/h4>

Self-assessment is an annual event, and it is always towards the back end of the year that you need to start thinking about it. Many people will already be registered for self-assessment, but there are others who will need to\u2026<\/p> Read more<\/a><\/div> <\/div>

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September 22<\/span><\/p>

End of the summer holidays \u2013 are you claiming all the benefits available for your children?<\/span><\/h4>

With prices going up at seemingly ever faster levels, are you getting all the benefits you can claim in relation to your children?<\/p> Read more<\/a><\/div> <\/div>

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September 22<\/span><\/p>

VAT and COVID \u2013 what you need to know<\/span><\/h4>

All deferred VAT payments should have been dealt with by now, but HMRC has flagged in its latest bulletin for August that if your business is one of those that..<\/p> Read more<\/a><\/div> <\/div>

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August 22<\/span><\/p>

Business grants \u2013 do you know what your business is entitled to?<\/span><\/h4>

Many businesses benefited from grants during the pandemic, but how many realise there are other grants they may be able to access at any time to help their business grow and thrive?<\/p> Read more<\/a><\/div> <\/div>

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August 22<\/span><\/p>

Business borrowing \u2013 how to access money if you are not eligible for grants<\/span><\/h4>

If your business does not qualify for a grant but you still need to get some capital to boost your business, then you may want to consider a business loan. There are many\u2026<\/p> Read more<\/a><\/div> <\/div>

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August 22<\/span><\/p>

How your business can fight inflation<\/span><\/h4>

Inflation is a word on many of our lips at the moment as the cost-of-living crisis continues unabated. While the headline rate of inflation \u2013 which hit 9.4% in June this year \u2013 relates to the average inflation rate suffered\u2026<\/p> Read more<\/a><\/div> <\/div>

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July 22<\/span><\/p>

Last chance to make sure your business is ready for MTD<\/span><\/h4>

Companies and sole traders who have not yet finalised their plans to comply with Making Tax Digital are in the last chance saloon this month, and the very latest date you have to comply with MTD for paying VAT is\u2026<\/p> Read more<\/a><\/div> <\/div>

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July 22<\/span><\/p>

Change in National Insurance contribution levels in July<\/span><\/span><\/h4>

A change in National Insurance contribution (NICs) levels comes into force at the beginning of July, which should save around 30m people \u00a3330 each, according to the Government.  From July 6, the amount you can\u2026<\/p> Read more<\/a><\/div> <\/div>

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July 22<\/span><\/p>

Can your business claim a super deduction?<\/span><\/span><\/h4>

If your business has spent money on plant and machinery and it is subject to corporation tax, then it may qualify for a super deduction which is a temporary allowance you do not want to miss.<\/p> Read more<\/a><\/div> <\/div>

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July 22<\/span><\/p>

Are you claiming everything you are entitled to from the taxman?<\/span><\/h4>

Tax is something that is a certainty in life, as former US President Benjamin Franklin said, but there are lots of ways you can reduce the amount of tax you have to pay by claiming for expenses you may not\u2026<\/p> Read more<\/a><\/div> <\/div><\/div> <\/div><\/div>","protected":false},"excerpt":{"rendered":"

Latest News and Topics in the Finance World April 23Make the most of the new tax year The new tax year started on April 6 and while many people will wait until the last minute to maximise the tax benefits available to them, there is a lot to be… Read more March 23Budget round-up –…
Read more<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"pro\/page-templates\/full-width-page.php","meta":{"footnotes":""},"class_list":["post-1066","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.kpmaccounts.co.uk\/wp\/wp-json\/wp\/v2\/pages\/1066","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.kpmaccounts.co.uk\/wp\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.kpmaccounts.co.uk\/wp\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.kpmaccounts.co.uk\/wp\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kpmaccounts.co.uk\/wp\/wp-json\/wp\/v2\/comments?post=1066"}],"version-history":[{"count":21,"href":"https:\/\/www.kpmaccounts.co.uk\/wp\/wp-json\/wp\/v2\/pages\/1066\/revisions"}],"predecessor-version":[{"id":1373,"href":"https:\/\/www.kpmaccounts.co.uk\/wp\/wp-json\/wp\/v2\/pages\/1066\/revisions\/1373"}],"wp:attachment":[{"href":"https:\/\/www.kpmaccounts.co.uk\/wp\/wp-json\/wp\/v2\/media?parent=1066"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}