News

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

UK Tax News – July 2022 20th July 2022

Our monthly round-up of the latest tax news affecting UK businesses.  This month we’re talking about: The latest on MTD for self-assessment draft legislation National Insurance threshold changes HMRC R&D tax fraud investigations Ongoing struggles with MTD New HMRC online […]

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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 […]

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TTR Barnes strengthens Tax Department with two appointments 10th May 2022

The Tax department here at TTR Barnes is delighted to announce the promotions of two team members. The moves will support our continued commitment to the breadth and quality of services offered within the department. Scott Laight       […]

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Making Tax Digital April Threshold Changes 29th March 2022

From April 2022 businesses that charge VAT but with a turnover below £85k will need to ensure compliance with the Making Tax Digital scheme.   Impacting some 1.1m businesses, paper VAT records or those through the HMRC portal will no […]

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Increased action from banks on those defaulting on Bounce Back Loan repayments 29th March 2022

Increased action from banks on those defaulting on Bounce Back Loan repayments   Banks are set to get tougher on those defaulting on repayments after more than £240m of 100% guarantees on Bounce Back Loans were removed by the government […]

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HMRC encouraging business owners to explain NIC increases amid threshold changes and latest announcements 29th March 2022

HMRC encouraging business owners to explain NIC increases amid threshold changes and latest announcements   From 6th April 2022 National Insurance contributions will increase by 1.25%, the estimated £11bn income from which will go to increased funding for the NHS, […]

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Newly-launched government Help-to-Grow Digital scheme can help fund financial and accounting software for small businesses 25th February 2022

Designed to support businesses in their adoption of digital technologies, the Help-to-grow Digital scheme is a UK-wide government initiative launched earlier this year. It provides support in two key ways: Free access to practical, impartial advice about digital technology and […]

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Wellbeing at work 13th January 2022

At TTR Barnes we have been advocates of positive wellbeing at work for some time but have recently pushed our efforts even further with the appointment of a dedicated Wellbeing Ambassador.  As momentum grows in this important area, both across […]

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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 […]

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HMRC announces extensions to some tax submission deadlines 11th January 2022

In a recent notification HMRC has announced an extension of tax submission deadlines for this year, to allow for additional time should it be needed due to disruptions to businesses and individuals this year. Below we have provided details of […]

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