accounting

Find out the latest goings-on at TTR Barnes by browsing our news posts:

Are you ready for MTD ITSA? 10th November 2022

Making Tax Digital for Income Tax (MTD ITSA) is coming. From 2024 all self-employed business and landlords with a gross income above £10,000 will need to submit quarterly summaries via MTD-compliant software.  In this guide learn about: What is MTD […]

Read More 

What does basis period reform mean for your business? 5th October 2022

The rules HMRC use to work out sole traders’ and partners’ profits for Income Tax in a Self Assessment return are changing. In this article we explain basis period reform, who’s affected and what this means for your business. What’s […]

Read More 

Bookkeeping software training and support services 6th July 2022

Many of our clients already take advantage of our bookkeeping services, but did you know we also offer tailored, one-to-one support to efficiently use Quickbooks, Sage and Xero? Having accounting software allows you to complete the tasks that are worthwhile […]

Read More 

Top 4 Outrageous Taxes You Didn’t Know Existed! 13th January 2022

With the self-assessment deadline fast approaching and taxes on everyone’s minds, we thought it might be a little light-hearted relief to share some purported bygone taxes we will all be pleased to know don’t apply anymore!     Window Tax Have […]

Read More 

Simplifying the VAT Land Exemption – Summary of Responses Published 13th January 2022

Simplifying the VAT Land Exemption – Summary of Responses Published Following a call for evidence on “Simplifying the VAT Land Exemption” HMRC have published a summary of responses in November 2021. The purpose of the call for evidence was to […]

Read More 

Are you confident of your SEISS eligibility? 22nd November 2021

Grants awarded under the Self-Employment Income Support Scheme (SEISS) were a vital lifeline for many businesses during the economic hardship of the pandemic.  There is recognition from the government that some of these grants may have been deliberately or inadvertently […]

Read More 

Know your COVID business survival strategy 30th July 2020

As the UK economy continues its recovery from the global pandemic, you will no doubt be weighing up the options for your business and working out your post-COVID business survival strategy. Depending on the loans and grants you may have […]

Read More 

Further Guidance on Claiming for Coronavirus Job Retention Scheme 16th April 2020

Business owners have received the latest guidance from HMRC on how to claim for furloughed employees. HMRC has directly emailed with the following update on employee eligibility how to access the system and the information applicants will need in order […]

Read More 

Meet the Team: Sam Clarkson 11th September 2019

Each month we’ll be introducing you to a member of our team. This month we’re getting to know Sam Clarkson. Sam has wanted to be an accountant since she was 13 and is currently delivering software training to our clients […]

Read More 

Guide to: Signing up for MTD software 8th July 2019

Do you have a June VAT quarter end? Is this your first month filing under Making Tax Digital? If so – do not leave it too late to sign up with HMRC to file under MTD and link your MTD software […]

Read More 

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