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Please see below for a range of useful blog posts, resources and latest news stories which may be of interest to you.

Latest News

8 May 2018

Changing priorities at HMRC

Posted by - Sarah Grandison

Over the coming years, the government plans to phase in its landmark Making Tax Digital (MTD) initiative, which will see taxpayers move to a...

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7 May 2018

GDPR compliance deadline looms

Posted by - Laurence Moore

With less than one month until the introduction of the new General Data Protection Regulation (GDPR), the Federation of Small Businesses (FS...

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4 May 2018

Tax reliefs following the Scottish Budget

Posted by - Sarah Grandison

The Government has stated that it will ensure that tax reliefs continue to work as they were intended as the new Scottish Income Tax rates a...

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3 May 2018

EMI options may not qualify for tax relief

Posted by - Kevin Johns

The Enterprise Management Incentive (EMI) allows selected employees (often key to the employer) to be given the opportunity to acquire a sig...

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2 May 2018

P11D deadline approaching

Posted by - Jamie Skelding

The forms P11D which report details of benefits and some expenses provided to employees  and directors for the year ended 5 April 2018, are...

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1 May 2018

VAT fuel scale charges

Posted by - Kevin Johns

HMRC have issued details of the updated VAT fuel scale charges which apply from the beginning of the next prescribed VAT accounting period s...

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1 May 2018

HMRC consultation on benefits exemption for workplace charging facilities

Posted by - Sarah Grandison

HMRC are consulting on the tax exemption which will apply from 6 April 2018 on workplace electric charging facilities used by employees.It w...

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6 Apr 2018

Income tax changes from 6 April 2018

Posted by - Sarah Grandison

The personal allowance for 2018/19 is £11,850. However, some individuals do not benefit from the full personal allowance. There is a reduct...

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5 Apr 2018

Update for employers and their employees

Posted by - Jamie Skelding

HMRC’s latest Employer Bulletin includes useful updates for employers as we approach the start on the new tax year on 6 April 2018.The Bul...

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5 Apr 2018

Dividend allowances reduced to £2,000

Posted by - Kevin Johns

In 2017/18 the first £5,000 of dividends were chargeable to tax at 0% (the Dividend Allowance). From 6 April 2018 the Dividend Allowance is...

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Blog

15 May 2018

Direct debit

Posted by - Jamie Skelding

Here at Prime Accountants Group we continually look for improvements in the way we deliver services and interact with our clients. We have a...

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3 May 2018

New Vice Presidents

Posted by - Kevin Johns

I am constantly amazed to see the contributions of time with knowledge and advice made by volunteers in all walks of life. Whether busy prof...

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26 Apr 2018

Future Faces

Posted by - Kevin Johns

Solihull Chamber is acknowledging the rapid growth of our young professionals by holding our first Future Faces social event which will take...

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19 Apr 2018

Mental health and stress

Posted by - Kevin Johns

At Solihull Chamber we hold networking events throughout the year which give us the opportunity to chat to our neighbouring businesses and r...

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18 Apr 2018

Prime Plastic to Paper

Posted by - Kevin Johns

The level of plastic waste is headline news and more companies are making changes to live in a more environmentally friendly manner.  Prime...

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22 Mar 2018

MIPIM development

Posted by - Kevin Johns

I am so proud to be living and working in Solihull when I read of the fantastic new plans for growth and development. The town centre’s ma...

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15 Mar 2018

Meetings

Posted by - Kevin Johns

Much of my week seems to be spent attending meetings of one sort or another. Research from Deliveroo for Business has revealed British emplo...

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9 Mar 2018

Prime Accountants Group has rebranded!

Posted by - Morgan Davies

A new fresh look but the same quality service that our clients and contacts expect from us. Or, as we like to think, an evolution rather tha...

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8 Mar 2018

Skills and education

Posted by - Kevin Johns

As an organisation representing businesses in the corridors of power Solihull Chamber of Commerce needs to know what problems companies are ...

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22 Feb 2018

Cyclone24

Posted by - Jonathan Stobart

As part of our continued effort to raise money for our two nominated charities, Zoe’s Place in Coventry and SoLO in Solihull, we like to t...

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Videos

15 Feb 2018

Branding video

Posted by - Jonathan Stobart

6 Feb 2018

Prime Charity Firewalk

Posted by - Kevin Johns

Resources

17 Apr 2018

Age discrimination

Posted by - Kevin Johns

The Equality Act 2010 replaces all previous equality legislation, including the Employment Equality (Age) Regulations 2006. The Equality Act covers age, disability, gender reassignment, race, religion or belief, sex, sexual orientation, marriage and civil partnership and pregnancy and maternity. These are now called 'protect characteristics'.

17 Apr 2018

Agency workers regulations

Posted by - Kevin Johns

Regulations which took effect from 1 October 2011 mean that workers supplied to a company, or to any other entity, by an agency will become entitled to receive pay and basic working conditions equivalent to any directly employed employees after a 12 week qualifying period.

17 Apr 2018

Annual Leave

Posted by - Kevin Johns

Under the Working Time Regulations 1998 (as amended), workers are entitled to paid statutory annual leave of 5.6 weeks (28 days if the employee works five days a week). This basic entitlement is inclusive of bank holidays. This annual leave entitlement is now closer to that of workers in other European countries, where holiday allowance is typically more generous. Workers in Ireland are entitled to 29 days; the highest minimum entitlement is in Austria at 38 days.

17 Apr 2018

Bribery Act 2010

Posted by - Kevin Johns

The Bribery Act 2010 (the Act) applies across the UK and all businesses need to be aware of it's requirements. The Act includes a 'corporate' offence of 'failure of commercial organisations to prevent bribery'.

17 Apr 2018

Business Motoring - Tax Aspects

Posted by - Sarah Grandison

This factsheet focuses on the current tax position of business motoring, a core consideration of many business. The aim is to provide a clear explanation of the tax deductions available on different types of vehicle expenditure in a variety of business scenarios.

17 Apr 2018

Business structures - Which should I use?

Posted by - Kevin Johns

Having made the decision to be your own boss, it is important to decide the best legal and taxation structure for your enterprise. The most suitable structure for you will depend on your personal situation and your future plans. The decision you make will have repercussions on the way you are taxed, your exposure to creditors and other matters.

17 Apr 2018

Capital allowances

Posted by - Sarah Grandison

The cost of purchasing capital equipment in a business is not a revenue tax deductible expense. However tax relief is available on certain capital expenditure in the form of capital allowances.

17 Apr 2018

Capital gains tax

Posted by - Sarah Grandison

A capital gain arises when certain capital (or 'chargeable') assets are sold at a profit. The gain is the sale proceeds (net of selling costs) less the purchase price (including acquisition costs).

17 Apr 2018

Capital gains tax and the family home

Posted by - Sarah Grandison

The capital gains tax (CGT) exemption for gains made on the sale of your home is one of the most valuable reliefs from which many people benefit during their lifetime. The relief is well known: CGT exemption whatever the level of the capital gain on the sale of any property that has been your main residence. In this factsheet we look at the operation of the relief and consider factors that may cause it to be restricted

17 Apr 2018

Cars for employees

Posted by - Sarah Grandison

The current regime for taxing employer provided cars (commonly referred to as company cars)

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