Latest Blogs

Cash basis for landlord accounts – what does this mean for property businesses?   The default method by which accounts need to be undertaken has changed from April 2024 for all businesses, from one of an accrual basis to a cash basis. However, for individuals property businesses this has been the case since April 2017.…

Thetford Golf Club held their Captains Day on 6th July 2024 and their Junior Open on 2nd August and we were proud sponsors of the events. We love getting involved with the local community. Sponsoring both the Junior Open and Captains Day was another great opportunity for us to support our local club.   Despite…

Have you missed the deadline for the personal tax July payment on account? We discuss what this means and what you should do next.   Tax liability payments made past the deadline HMRC will begin to charge daily interest on the late payment and in addition, there may also be surcharges added. Therefore, it is…

Whitings are here to help in times of uncertainty. Individuals and businesses alike prefer certainty, however this is perhaps something there hasn’t been since COVID-19 and what that brought to us. Now, with a change of Government and their manifesto titled “Change” I think that we can all be certain that the uncertainty will continue.…

Hauliers edge closer to justice in a landmark ruling in the Truck Cartel Case.   An Update In a significant victory for the Road Haulage Association (RHA) and over 18,000 haulage operators, the Competition Appeal Tribunal has granted a Collective Proceedings Order (CPO) to the RHA. This ruling allows the RHA to seek compensation for…

It’s helpful to know the common mistakes people make when completing Self Assessment tax returns (SATR).   We know that filing your SATR can often feel like a daunting task, especially with the complexities of tax rules and looming deadlines. At Whitings LLP, we understand the challenges taxpayers face and are here to help you…

Issue 6 of our Property Matters Newsletter is here!   In what has been a year of change and indeed challenges we have now heard the Kings Speech and what the new government will be looking to do in this new parliament.   The headlines have concentrated upon the need for many more new houses,…

We have known since the March 2024 Budget that the abolition of the beneficial rules relating to Furnished Holiday Lettings (FHL) were to change from April 2025. Now however, we have the draft legislation following its publication on 29 July 2024.   The effect of the changes will mean that for both individuals and companies:…

The harvest season is now in full swing. Are you aware of the pension duties that you are required to perform for each seasonal worker?   Whether an employee works for a few days, weeks, or months, each employee needs to be assessed for each period that they work for you.   To assess your…

Are you confused about charity reporting?   We understand, as charity reporting can be confusing due to the varying thresholds for different reporting requirements. Our infographic tool below is a useful visualisation of the various requirements of charities, all depending on the level of gross income in any given year.   Charites working with us…