News - Pursglove & Brown

Deadline Looms For Loan Charge Scheme

By Pursglove & Brown. Posted on 4th April

HM Revenue and Customs has today made a final appeal to contractors facing the controversial loan charge to settle ahead of an imminent deadline tomorrow. HMRC is encouraging people to come forward and settle their tax affairs before a charge on these outstanding loans comes into effect on 5th April 2019. At the same time, …read more

1 in 10 Small Businesses Facing Tax Investigation by HMRC

By Pursglove & Brown. Posted on 4th April

Tax investigations by HMRC have been increasingly on the rise and it is certainly something we have seen evidence of in the last 12 months here at Pursglove & Brown. There have been unusually higher instances of clients getting in touch this year in relation to VAT, tax and PAYE visits from HMRC. With 1300 …read more

5 Reasons You Should Choose A Chartered Accountant

By Pursglove & Brown. Posted on 28th March

When looking for an accountant, you will come across ones who are chartered and those who aren’t so why should you choose a chartered accountant? When comparing the different services and fees on offer, you may be inclined to think that as long as they do your accounts, does it really matter if they are …read more

April Brings A New Tax Year With Plenty Of Changes

By Pursglove & Brown. Posted on 27th March

Spring has arrived and brings with it a new tax year. The 2019/2020 new tax year heralds quite a few changes – read on to see which ones will make a difference to you. Personal tax allowance The personal tax thresholds for UK taxpayers are increasing, meaning we will all pay a little less tax …read more

Pet Pug Taken For Unpaid Taxes

By Pursglove & Brown. Posted on 27th March

Officials of Ahlen in Germany have come under fire for confiscating a pet pug from a family with three children and selling it on Ebay for £640 in order to cover an unpaid tax bill. The dog, called Edda, was actually sold last year but the new owner now wants to claim compensation from the …read more

Increases To National Living Wage & National Minimum Wage From 1st April

By Pursglove & Brown. Posted on 19th March

Increases to National Living Wage and National Minimum Wage come into effect for UK employees from next month. Announced by Philip Hammond back in the October 2018 Budget, the increases mean employers will be required by law to pay these new rates as of 1st April 2019. New wages to be paid from 1st April …read more

Your Guide To Starting A Payroll Scheme

By Pursglove & Brown. Posted on 18th March

Adding a new member of staff to your small business is an exciting prospect but where do you begin with running a payroll scheme for the first time? Our new guide to starting a payroll scheme will help you set off on the right track, covering everything from what info you need from your new …read more

Changes To Auto Enrolment

By Pursglove & Brown. Posted on 18th March

The minimum contributions employers and employees pay into their automatic enrolment workplace pension scheme will increase as of 6th April 2019, due to phased scheme changes. If you are the employer in this equation, the onus will be on you to ensure these increases are implemented, as part of the Pension Act 2008. Does this increase …read more

Key Points of The Chancellor’s Spring Statement 2019

By Pursglove & Brown. Posted on 13th March

The Chancellor Philip Hammond has today delivered his Spring Statement 2019 on the state of the UK economy, reporting that the “economy itself is remarkably robust”. In his short speech to the House of Commons, Hammond outlined the Government’s assessment of the UK economy and budget, responding to the revised forecasts from the Office for Budget Responsibility (OBR), …read more

Your Guide To Starting A Limited Company

By Pursglove & Brown. Posted on 6th March

Read our guide to starting a Limited Company, below, for all the details of what’s involved in setting up as a Limited Company. Whether you are starting a new business from scratch or changing from trading as a sole trader to a Limited Company, there are many things you will want to cover before you go …read more