Latest News

HMRC delays sending out late self-assessment penalty notices

7th March 2019

Penalty notices due to late tax returns are usually sent out in February but HMRC as announced that it is to delay this communication until April.  This could mean that late payment penalties could accrue for those affected....

Read more

What is the 2019 Loan Charge?

7th March 2019

What is the 2019 Loan Charge and could you be affected? The 2019 Loan Charge is a government measure aimed claiming back Income Tax and NIC payments that were avoided by employees and employers participating in “disguised remuneration”...

Read more

Sage Salary and Supplier Payments product launches on market

1st March 2019

Sage has partnered with technology firm Modulr to simplify managing accounts payable and payroll payments for its customers.  The new solution, named Sage Salary and Supplier Payments, (powered by Modulr), will allow businesses, payroll managers, accounts payable administrators, and...

Read more

Vital ISA Tax Break for the Bereaved

17th January 2019

Vital ISA Tax Break for the Bereaved Only 14% of those eligible to do so are taking advantage of their right to inherit their partner’s ISA according to recent figures provided to financial firm Zurich by HMRC. A...

Read more

HMRC technical glitch misses payments on account

15th January 2019

A technical glitch in HMRC systems has put self-employed tax payers at risk of being charged for late payments. Those already having filed their returns may have received bills from HMRC for last year’s tax payment, which fail...

Read more

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