Latest News | Accountancy and Tax Advisers

Budget 2020 – What it means for you

The long awaited 2020 budget was always going to contain a vast number of new pledges and announcements as it sought to deliver on manifesto pledges, provide a post Brexit roadmap, deal with Coronavirus and begin the process of ‘levelling up’. But with just a few weeks to prepare, Chancellor...

Do I need to complete a self-assessment tax return?

This is one of those perennial questions we are asked by clients,...

Extension of IR35 Legislation to the Private Sector is Damaging

The impact of new IR35 legislation, which is being introduced in April...

Capital Gains Tax (CGT) Reporting & Payment Changes

From 6 April 2020 individuals, trustees and personal representatives realising a taxable...

Higher Rate Taxpayers Pension Relief

The recent self-assessment tax return deadline has once again highlighted an issue for higher-rate taxpayers regarding pension relief on contributions,...

Haggards Crowther mirrors the national picture with a record year for new company formations in 2019

In January, The Centre for Entrepreneurs released data from Companies House showing a record number of new businesses were started...

Changes to emissions calculations mean no BiK tax next year for electric cars

Following a move to new emissions regulations, electric car owners will not have to pay any Benefit-in-Kind (BiK) tax during...

IR35 To be extended to the Private Sector from April 2020

Amid claims by HMRC that as little as 10% of the contractor market who should be subject to IR35 are...

Pension Contribution Tapering

The annual allowance lets individuals currently contribute up to £40,000 to their pension fund each year and receive tax relief...

Businesses urged to avoid complacency over Making Tax Digital leniency

There have been numerous reports in the press regarding the leniency shown to businesses that failed to file their VAT...

The Widened Scope of Non-Resident Capital Gains Tax (“NRCGT”)

Non-Resident Capital Gains Tax or NRCGT was introduced in April 2015 to charge capital gains on the disposal of UK...

Team Updates September 19

It’s been another busy period of recruitment at Haggards Crowther as we continue to grow and expand our team to...