Find out the latest goings-on at TTR Barnes by browsing our news posts:
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 the key […]
Read MoreMaking 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 MoreThe 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 MoreImportant: Please note since publication of this article the Government have announced a new financial statement. Please see our guide to the Autumn Statement 2022 for the most up to date information. Last updated 21st November 2022. The week leading […]
Read MoreMany 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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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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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 […]
Read MoreIncreased 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 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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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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