Blog archive

Off payroll working reforms to be extended from the private sector

Since the reforms for off payroll working were introduced for the public sector, there has been the expectation that this would eventually be introduced to the private sector.

Research & Development payable tax credit restriction

In this weeks budget the Chancellor has announced a re-introduction of a restriction to the amount of R&D tax credit relief that can be claimed. This is aimed at preventing abuse of R&D tax relief for small and medium-sized enterprises (SMEs).

Changes to Capital Gains Tax Entrepreneur’s Relief

There were many predictions before this week’s Budget that the Government considered that the 10% capital gains tax rate that applies to the first £10m of gains made by entrepreneurs on business assets was too generous and would be reined in.

Annual investment allowance increase for capital allowances

The amount of “up-front” tax relief which is available for capital expenditure on plant and machinery, equipment and fixtures and fittings (but not property assets) has been up and down like a yoyo for the last 4-5 years, and this year is no exception.

Unexpected changes to the capital gains tax regime

In his final scheduled Budget before Brexit, the Chancellor Philip Hammond announced a couple of unexpected changes to the capital gains tax regime and reliefs which are currently available to owners of residential property which was once their main residence.

Shared Ownership- Pleasant surprise for first time buyers

In a move which will come as a pleasant surprise to first time buyers of shared ownership homes, the Chancellor Philip Hammond announced that stamp duty on shared ownership homes which cost up to £500,000 is to be abolished from 29 October 2018.

Child benefit tax refunds

In 2013 HMRC introduced the controversial scheme to make high earners repay some or all of their child benefit, even where the high earner (over £50k annual income) in a couple does not receive the benefit.

Small company accounts disclosure – can it hurt your business?

An important question that directors and shareholders of small companies should ask their accountant is “what should be disclosed in the company’s financial statements?”

Cycle to work scheme

The cycle to work scheme was introduced to encourage cycling to work and reduce environmental pollution by providing tax incentives to employers and employees.

Can Xero be used offline

Xero works in the cloud, it is an online book-keeping system you can access any time and any where.

Why use Xero accounting software?

Xero enables you to have access to your data anytime, anywhere this will enable you to make business decision on the go, chase those non-paying customers and submit your expenses without having to be in the office.

Xerocon 2018

Emma Hardwick and Debbie Marriot from our Plus Advisory team headed up to London last week for the 2018 Xero conference.

How do start-ups raise money?

The key to raising finance is ensuring you have a good business plan in place

Which start-ups make the most money?

Recent trends show that start ups with the greatest chance of success are those whose business models focus on new technologies and specialist interest groups.

10 things to consider when using Tide

Tide is a modern business banking platform that drives to reduce the time SME’s spend accounting. The alternative bank account is aimed towards independents and freelancers along with small businesses too.

November Xero Apps Update

Take a look at our monthly update on the latest Xero Apps for businesses just like yours.

Selling or Exiting: How to value your business

On Tuesday 27 November 2018, Plus Accounting teamed up with SRC Corporate Finance and Veriteam to provide a Selling or exiting: How to value your business workshop.

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