Latest blogs for Services

MBO: Self-funding £1m deal allows owners to retire. We have successfully advised the business owners of an engineering firm on its £1m buy out by the existing management team. Our team were initially approached by the business owners for exit planning advice. The owners had successfully built up an engineering business over 20 years and…

Making Tax Digital: Are you prepared? As HMRC further consults over their 4 year plan to digitise the tax system, our Tax Group briefs clients on some of the issues: Autumn 2016 Update

Making Tax Digital: Are you prepared? As HMRC further consults over their 4 year plan to digitise the tax system, our Tax Group briefs clients on some of the issues:

Gift Aid: Claim your own tax relief… When we make gift aid donations to registered charities, the charity is able to reclaim 20% of what we give from HMRC, provided we have paid sufficient tax to frank the gift made.

Payroll Update: Sep-16 The payroll bureau team at Whitings have produced their latest newsletter, to keep clients updated on relevant recent changes to payroll and related legislation:  September 2016 Update

The payroll bureau team at Whitings have produced their latest newsletter, to keep clients updated on relevant recent changes to payroll and related legislation:

VAT on Motor Car Purchase: When is recovery of blocked VAT unblocked? A recent tax tribunal case has brought some good news for businesses purchasing cars for business use and provided some clarification to the restrictions and requirements to qualify. Historically it has proven difficult to satisfy HMRC of their intention to not make motor cars…

Cambs LEP: Current loans and grants on offer. The Greater Cambridge Greater Peterborough Local Enterprise Partnership is the Government’s flagship vehicle to stimulate economic growth in our area. Grants and loans currently on offer include: Signpost 2 Loans: Loans of between £50k and £1m to SME’s for start-up and growth (Inc: CapEx, infrastructure, training and…

Transferrable MCA: Gift your partner £220. The Government has in place a scheme (Transferable Married Couples Allowance) whereby certain couples can make an online claim to transfer unused tax allowance of up to £1,100 (10% of the annual Personal Allowance). This enables your husband, wife or civil partner to potentially pay up to £220 less…

National Minimum Wage: Increases from 1-Oct-16. The Low Pay Commission today welcomed the Government’s acceptance of its recommendations for the rates of the minimum wage affecting workers under 25 and apprentices, to apply from 1 October 2016 – including: its first recommendation for the effective new minimum wage for 21-24 year olds, where the Government agreed…