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TTR Barnes has reinforced its position as one of the North East’s leading accountancy firms with the promotion of two senior managers to Associate Director roles. This strategic move strengthens the firm’s leadership team and ensures a robust...
TTR Barnes is delighted to announce the promotion of two valued team members, John Paul Aitken and Jack Stevenson, to Accounts & Audits Assistant Manager positions. Their well-earned promotions follow the successful completion of their ACA Chartered qualifications,...
Within her Autumn 2024 budget statement, Chancellor Rachel Reeves announced that the rates associated with Business Asset Disposal Relief (BADR) would be increasing. Part of a broader strategy to increase tax revenues, the rates will be increased to...
Chancellor Rachel Reeves delivered her Budget on Wednesday 30 October 2024. She pledged to ‘invest, invest, invest’ to drive growth and ‘restore economic stability’. In our Autumn 2024 budget breakdown, we talk about the key takeaways from this...
With a new government, led by a new Prime Minister, Britain can expect big changes in the months and years ahead, but what alterations might Labour bring to the economy? Chancellor Rachel Reeves has presented Labour as a...
From 6th April 2026 employers must process Benefits in Kind (BiKs) though payroll rather than the annual submission of P11D/P11D(b) returns. The new approach is an effort to reduce administrative time for both employers and HMRC through the...
As of 1st April the VAT registration threshold has been raised from £85,000 to £90,000. The VAT move is set to benefit up to 28,000 small businesses, who will no longer meet the threshold for VAT submissions. The...
The rate of National Insurance Contributions paid depends on your employment status, whether you are employed or self-employed and how much you earn. In last year’s Autumn Statement – as part of the National Insurance Contributions (Reduction in...
TTR Barnes grows Administration & Payroll Team with new member. We are thrilled to welcome new administration assistant Sue Davison to the TTRB family. What is your career background? I started my work life at Royal Mail,...
Chancellor Jeremy Hunt delivered his ‘Budget for Long Term Growth’ on Wednesday 6 March 2024. His speech promised ‘more investment, more jobs, better public services and lower taxes’. In this article we break down the key announcements made...
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