Keep up to date with the latest news and information from UHY Torgersens in Sunderland, Newcastle and Jarrow.
The Chancellor’s Spring Statement
March 14, 2018
Philip Hammond gives an upbeat view of the economy as he presented his Spring Statement yesterday. It was not expected to make any fundamental fiscal changes – these are reserved for the annual autumn budget – but it was an opportunity for him to highlight issues on which he intends to take action in the future...
The company car: is it a real benefit?
March 12, 2018
The company car remains a popular benefit in spite of the increasing tax costs. More than half of new cars are bought by companies...
Q&A: Stamp duty land tax, capital allowances for a website and employees on jury service
March 5, 2018
In this month’s Q&A we consider stamp duty land tax in relation to the purchase of a main residence, claiming capital allowances for a website and paying employees who are on jury service.
Auto-enrolment and National Living Wage: essential update for employers
March 1, 2018
The National Living Wage is not as simple as it looks. If you have any employees who are paid at or slightly above the NLW rate why not give one of our payroll experts a call so that we can check that you not running any risks.
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.