Keep up to date with the latest news and information from UHY Torgersens in Sunderland, Newcastle and Jarrow.
GDPR and the impact on SMEs
February 23, 2018
Since the final approval was given by the EU Parliament in April 2016, speculation and a great deal of suspicion has arisen as to the impact of GDPR on small businesses within the UK.
Tax-free childcare now available to children under nine
February 15, 2018
Tax-free childcare is a scheme designed to help working parents with the cost of childcare with up to £2,000 of support per child per year, or £4,000 per year for disabled children.
Key dates for businesses in 2018
February 7, 2018
As usual 5 April, being the end of the tax year, is an important date that should be planned for, but there are some others. Here are a few of them in chronological order.
Incorporation: should I trade as a limited company?
February 2, 2018
There comes a stage in the life of many sole traders and partnerships when the incorporation question arises, but the decision is rarely straightforward. Here we outline the benefits and disadvantages of trading as a limited company.
Q&A: Tax relief, temporary work place rules and Inheritance Tax
January 25, 2018
This month we provide answers to questions relating to tax relief on a buy-to-let property, temporary work place rules relating to allowable expenses and estate valuation for IHT purposes.
Client case study: Bishopwearmouth Co-operative
January 15, 2018
This month we are very pleased to bring you a case study focusing on our client, Bishopwearmouth Co-operative, a local community interest company offering employment opportunities and support for adults with disabilities.
New Budget timetable and Spring Statement date confirmed
January 8, 2018
HM Treasury has confirmed that the Spring Statement will take place on Tuesday 13 March 2018. In 2016’s Autumn Statement, the Chancellor announced that in future there will be a single fiscal event each year - the annual Budget statement, which will be delivered in the autumn.
The abolition of Class 2 NICs delayed by a year
January 8, 2018
On 2 November 2017, the government announced a one-year delay to the abolition of Class 2 National Insurance contributions (NICs). Class 2 NICs will now be abolished from 6 April 2019 rather than 6 April 2018.
Looking ahead to 2018 and how events might affect your business
January 4, 2018
The last couple of years have been anything but predictable, both in business and in politics, but here we take a look at the bigger picture and try to predict the events on the national and world stage...