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Summer Economic Update 2020

By Pursglove & Brown. Posted on 9th July

Chancellor Rishi Sunak presented a Summer Economic Update on Wednesday 8 July 2020. In his speech he stated that the government has taken decisive action to protect the UK economy but people are anxious about losing their job and the rise in unemployment. The Chancellor’s statement was therefore setting out the government’s Plan for Jobs. …read more

Couples Losing Out On Marriage Allowance

By Pursglove & Brown. Posted on 20th June

HM Revenue and Customs have advised that more than 700,000 married and civil partnered couples who are still eligible for the Marriage Allowance tax break have not yet claimed their entitlement for the current tax year. Couples could be missing out on up to £250 a year and with the possibility to backdate and include …read more

P11D Deadline For Taxable Employee Benefits

By Pursglove & Brown. Posted on 13th June

If you’re an employer and provide expenses or benefits to employees or directors, you may want to add a note in your calendar for 6th July as P11D forms are due. Whether you have provided employees with accommodation, covered public transport costs or provided a loan to an employee, you need to tell HMRC about …read more

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

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

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