Following the decision by the Bank of England on 3rd August to increase its base rate, HMRC is advising customers its interest rates on late payments will also rise. HMRC interest rates are set in legislation and linked to the Bank of England base rate. Late payment interest is set at base rate … [Read more...]
News for: Accountancy
Azets expands North West senior team
Top 10 accountancy firm, Azets, has announced a new Regional Managing Director and four senior promotions within its North West team. The firm has appointed Susanna Cassey (pictured left) as Regional Managing Director for the North West. Azets has also announced the promotions of Simon Monks … [Read more...]
Self Assessment customers encouraged to file tax returns early
HMRC is encouraging Self Assessment customers to take advantage of the benefits of filing their tax returns early for the 2022/23 tax year. While the deadline for submissions for the 2022 to 2023 tax year is 31 January 2024, HMRC argues customers who file early can have greater control over … [Read more...]
VCFSE organisations offered £5.5 million to support clients with tax affairs
HMRC has announced £5.5 million of funding for voluntary, charity, faith and social enterprise (VCFSE) organisations to support clients with their tax affairs. Eligible organisations are being invited to bid for funding through HMRC’s Voluntary and Community Sector Grant Funding programme, worth … [Read more...]
The Pensions Regulator: ‘We could be knocking on any employer’s door’
Employers in Stockport are to be targeted with spot-check inspections as The Pensions Regulator looks to protect the retirement savings of workers in the borough. Inspection teams from The Pensions Regulator (TPR) have been visiting businesses across Greater Manchester, with more visits set to … [Read more...]
Azets secures investment to support next phase of growth
Professional services provider for SMEs, Azets Group has announced that private equity firm, PAI Partners, has joined the business following its investment in the business. Following completion subject to customary regulatory approvals, PAI will hold an equal and co-controlling stake in Azets … [Read more...]
Azets bolsters digital offering with North-west acquisition
National firm, Azets, has bolstered its digital offering to clients with the acquisition of North-west digital accountancy firm, Gorilla Accounting. To capitalise on its reputation and strong demand for specialist tech-enabled accounting services, Gorilla Accounting will retain its brand as part … [Read more...]
Handelsbanken reveals extent that parents are supporting adult children with the cost-of-living
Research from Handelsbanken Wealth & Asset Management has revealed the scale to which parents are supporting their adult children financially during the cost-of-living crisis. Research conducted by Opinium on behalf of Handelsbanken found two-fifths of parents across the UK (39%), the … [Read more...]
HMRC urges workers to claim tax refunds of work-related expenses
HMRC is reminding employed workers to make sure they claim a tax refund for any work-related expenses through the government website. It is estimated that 70% of claimants in the 2021-22 tax year missed out on getting the full amount owed due to using an agent to make the claim, rather than … [Read more...]
HMRC late payments interest rates revised following base rate rise
Following the Bank of England’s decision to increase its base interest rate to 4.5%, HMRC has confirmed that interest on late payments will also increase. HMRC interest rates are linked to the Bank of England base rate, and set at the base rate plus 2.5%. Repayment interest is set at the higher … [Read more...]
Develop your business’ Growth Strategy with Hallidays’ Rise with Xeinadin seminar
Stockport accountants and business advisors, Hallidays, have just a few free places remaining for local businesses to explore how to develop their growth strategy in the latest instalment of their Rise with Xeinadin seminar series. Presented by the Phil Jones, a Director at the firm, the session … [Read more...]
CN Chartered Accountants Managing Partner launches new venture
Andrew Baggott, managing partner of CN Chartered Accountants and CN Financial Planning has launched his new venture, CN Strategic Advisors with brother David Baggott. CN Strategic Advisors (CNSA) provide clients with experienced advice on key milestones as part of their businesses lifecycle to … [Read more...]
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