tax

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

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 […]

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Mini Budget September 2022: The Government’s plans for growth 26th September 2022

Important: 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 […]

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UK Tax News – August 2022 18th August 2022

Our monthly round-up of the latest tax news affecting UK businesses.  This month we’re talking about: Clarification of CGT property return rules New employment status guidance Digitalising Business Rates (DBR) consultation Coronavirus Jobs Retention Scheme (CJRS) grants errors – guidance […]

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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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2022/2023 tax cards

New 2022/2023 Tax Cards Available 28th April 2022

We are delighted to offer our 2022/2023 tax cards to clients, friends and partners of the business. Tax cards are handy reference documents for both commercial and personal financial tax planning and cover a number of areas of important tax […]

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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 […]

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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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Delays in Repayments of Overpaid Tax 22nd November 2021

Some tax payers are experiencing delays in repayments of overpaid tax. HMRC has advised that this is due to additional checks to prevent fraudulent claims.  Most likely linked to ongoing SEISS fraud audits, these additional steps include identification verification checks […]

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Extended Loss Carry Back 5th August 2021

In March 2021, the government extended the carry back of losses for businesses. There is a temporary extension to the carry back rules and the period of time to claim trade losses. As announced in the Budget 2021, the period […]

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