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The government has announced it will make a number of changes to the loan charge rules, in response to Sir Amyas Morse's independent review of the loan charge policy and its implementation.

We recently saw the return of the second Shropshire Business Live event, at Netley Hall in Dorrington. It was great to be invited to be a panelist on the ‘question time-style’ panel discussing ‘2020 Vision: Reasons to Be Cheerful?’

The government has announced a 6.2% increase in the National Living Wage (NLW), which applies to workers aged 25 and over. From 1 April 2020 the NLW will rise from the current rate of £8.21 to £8.72 an hour, in the largest raise since it was introduced two decades ago.

We are delighted to congratulate team members for completing their Chartered Accountancy Qualifications.

Chancellor Sajid Javid has announced that he will deliver the 2020 Budget on Wednesday 11 March 2020.

As 2020 begins, local accountants and business advisors Whittingham Riddell (WR) have their sights firmly set on the future. 

Taxpayers who are required to complete an online self-assessment tax returns have until midnight on 31 January 2020 to submit them electronically to HM Revenue and Customs (HMRC) to avoid a filing penalty of £100. The penalty is charged automatically where the return is filed late, even if there is no tax to pay. 

The Office for National Statistics (ONS) has revealed that UK businesses spent £25 billion on Research and Development (R&D) in 2018.

HMRC has issued the latest Employer Bulletin. This issue includes articles on a number of areas including:

HMRC has published guidance for people who hold cryptoassets, typically cryptocurrency or Bitcoin, explaining what taxes they may need to pay and what records they need to keep. HMRC has also published further information for businesses and companies about the tax treatment of cryptoasset transactions.

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