Archives

March 2023

Spring Budget:  Changes to Capital Allowances

16th March 2023

Spring Budget:  Changes to Capital Allowances In the recent Spring Budget announcement by Chancellor Jeremy Hunt, we saw the introduction of two major capital allowances for qualifying UK  businesses from 1st April 2023.  This was alongside the announcement...

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Key Takeaways: Spring Budget 2023

16th March 2023

This week Chancellor Jeremy Hunt delivered a ‘Budget for Growth’ after the Office for Budget Responsibility forecast a stronger than expected performance from the UK economy this year with inflation continuing to fall.  In our Spring Budget 2023...

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Job vacancy: Client Bookkeeper

7th March 2023

FT/M-F £ competitive salary A fantastic opportunity for a positive and can-do personality to join our thriving team, where you will manage a portfolio of clients. Here at TTR Barnes we drive a people-focused culture, evident in our...

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Reduction in Capital Gains Tax Annual Allowance from April 2023: Plan now for best efficiency

6th March 2023

From April 2023 we will see the implementation of the proposed reduction in Capital Gains Tax Allowance. Any taxpayer seeking to dispose of their assets will need to consider the impact of the reduced allowance on consequent tax...

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UK Tax Deadlines and Key Dates: What You Need to Know

14th February 2023

As a self-employed individual or a sole trader in the UK, it is your responsibility to meet the deadlines for submitting your self-assessment tax returns. Filing your self-assessment tax return and paying any liabilities due on time and...

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Limited Company Tax Deadlines: What You Need to Know

14th February 2023

Any limited company in the UK has a responsibility to meet various tax deadlines, including submitting a Corporation Tax return and paying any liabilities due.  From April 2023 the rate of Corporation Tax will increase to 25% for...

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Celebrating 20 years at TTR Barnes

26th January 2023

We are holding double celebrations in the office this month with not one, but two of our team both celebrating 20 years with the firm after having started on exactly the same day in 2003!   Sarah Riddell...

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Making Tax Digital for Income Tax Self Assessment to now be mandated starting from April‌‌‌ ‌‌2026

21st December 2022

The Government has announced that Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) will now be mandated starting from April‌‌‌ ‌‌2026, rather than from April‌‌‌ ‌‌2024. Recognising that businesses and self-employed individuals are currently facing...

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Looking ahead to 2023: tax and accountancy changes to be aware of

7th December 2022

With the number of changes announced (and often retracted) in 2022, you’d be forgiven for being confused about what is actually happening in the world of tax and accountancy for 2023. In this article we summarise some of...

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Autumn Statement November 2022

21st November 2022

Last updated: Monday 21st November On 17 November 2022, the Government undertook the third fiscal statement in as many months, against a backdrop of rising inflation and economic recession. The Chancellor laid out three core priorities of stability,...

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Chartered Accountants in Sunderland, offering expertise on everything from Tax and Business Planning,
to Accounts and VAT.