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778,068 beat the clock to complete their Self Assessment tax returns on 31 January 2024!   HMRC have released their Self Assessment 2023 facts and figures: 12,187,811 Self Assessment tax returns were issued to tax payers 11,581,962 expected tax returns were received by 31 January (95% of returns expected) An estimated 1.1 million customers missed…

Thinking of offering your property for short term lets? Planning permission may be required.   What’s Changing? From this summer the Government will introduce legislation to require owners of new short term lets in England to secure planning permission to use their properties for this purpose. You will need to be aware of this requirement…

From 1st May 2024, Companies House fees are increasing. These increases are following the announcement of the Economic Crime and Corporate Transparency (ECCT) Bill, which is giving Companies House greater powers in verifying the accuracy of information and tackling economic crime.   Some of the main rises in costs are as follows:   New fee…

Let’s ask the question, ‘How is the government supporting farmers?’   DEFRA shared a press release from the Prime Minister yesterday, citing his and his party’s commitment to farmers and rural communities.   We already know that Sustainable Farming Incentive (SFI) and Countryside Stewardship payments are being increased across the board by approximately 10%, but…

Update on Double-Cab Pick-Ups   On the 12th February 2024, HMRC announced that their interpretation of the legislation had changed regarding the favourable tax treatment of pick-up trucks from 1st July 2024. However, after consulting farmers, construction workers and other industry professionals they have now reversed their decision!     Current Position HMRC interprets the…

There is just one week remaining to enter the SME Ely Business Awards for 2024!   Celebrate your business’ achievements and be in with a chance of winning by entering today. Entries close on Thursday 26th February 2024 at 3pm. Find Out More Click here to find out more about the SME Ely Business Awards…

,Find out more about the upcoming Companies House changes from 4th March 2024 here.     Registered email addresses One of the main changes from the 4th March 2024 are Companies House require all companies to provide a registered email address which will be collected within your companies next Confirmation Statement.   New companies will…

*An update on this has since been posted. Click here to read the updated information.*     The tax treatment of double-cab pick-up trucks is set to change with effect from 1st July 2024, and will see the vehicles lose their status as ‘commercial vehicles’ when it comes to company car taxation. This could see…

It’s National Apprenticeship Week 2024 and this years theme is ‘Skills For Life’. We thought we’d share a bit about apprenticeships, what they involve and where to start when looking to begin a career in Accountancy. What does studying for an apprenticeship whilst working at Whitings involve and why does it appeal to people? Doing…

If you have missed the 31st January 2024 Self Assessment Tax Return deadline (one of the 605,849 who did) for your 2022/23 tax return, you may be unsure as to what to do next. We are here to help you submit your late return and answer any questions you may have on the matter.  …