Find out the latest goings-on at TTR Barnes by browsing our news posts:
For many business owners, “tax planning” is something that tends to be left until the eleventh hour, usually when the financial year-end is looming or when that reminder from HMRC lands in the inbox. But in today’s fast-moving economy, where […]
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New tax rules for MTD are coming – and they could impact you! From April 2026, HMRC is introducing mandatory quarterly digital reporting for anyone earning over £50,000 from self-employment and/or property income. Our records indicate that you meet, or […]
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The UK tax landscape for commercial vehicles changed significantly in April 2025, particularly affecting the classification of double cab pick-ups/combi vans and the tax reliefs they attract. Historically, double cab pick-ups used in a business context benefited from the tax […]
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Chancellor of the Exchequer, Rachel Reeves, held the Spring Statement on Wednesday 26 March 2025. In the run up to the event, the Chancellor stated that she ‘remains committed to one major fiscal event a year to give families and businesses […]
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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 managerial structure […]
Read MoreTTR 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, marking a […]
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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 18% over […]
Read MoreChancellor 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 week’s announcement. […]
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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 party focused […]
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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 removal of […]
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