Latest News
Changes to National Insurance Contributions
24th April 2024The rate of National Insurance Contributions paid depends on your employment status, whether you are employed or self-employed and how much you earn. In last year’s Autumn Statement – as part of the National Insurance Contributions (Reduction in...
Meet the Team: Sue Davison
28th March 2024TTR Barnes grows Administration & Payroll Team with new member. We are thrilled to welcome new administration assistant Sue Davison to the TTRB family. What is your career background? I started my work life at Royal Mail,...
Key Takeaways: Spring Budget 2024
8th March 2024Chancellor Jeremy Hunt delivered his ‘Budget for Long Term Growth’ on Wednesday 6 March 2024. His speech promised ‘more investment, more jobs, better public services and lower taxes’. In this article we break down the key announcements made...
Basis Period Reform: Changes to accounting periods from 2023/2024 for individuals and partnerships
21st February 2024As of 6th April 2024 business profits for sole traders, unincorporated businesses and limited liability partnerships should be calculated inline with the tax year,” rather than on the “current period basis”, thus aligning all accounting periods to the...
The Full Expensing Regime
19th January 2024The Chancellor’s announcement at the Autumn Statement on 22 November 2023 brought a pivotal development for businesses as the full expensing regime (allowing companies to claim 100% capital allowances for qualifying plant and machinery) will no longer expire...
