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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

13 Sep 2018

‘No deal’ Brexit guidance

Posted by - Kevin Johns

The government has issued some ‘no deal’ Brexit technical notices, with the aim of helping both businesses and individuals to prepare in...

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12 Sep 2018

HMRC latest guidance for employers

Posted by - Kevin Johns

HMRC has published the latest edition of the Employer Bulletin. This guidance for employers, and their agents, includes articles on:• Repo...

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11 Sep 2018

Advisory fuel rates for company cars

Posted by - Jamie Skelding

New company car advisory fuel rates have been published which took effect from 1 June 2018. The guidance states: ‘You can use the previous...

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10 Sep 2018

Software suppliers - Making Tax Digital for VAT

Posted by - Morgan Davies

HMRC is working with more than 150 software suppliers who have said they will provide software for Making Tax Digital for VAT (MTDfV) in tim...

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7 Sep 2018

Stamp duty cut: 121,500 households save £284 million

Posted by - Sarah Grandison

According to the latest statistics 121,500 first-time buyers have saved a total of £284,000,000 following the introduction of a relief for ...

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6 Sep 2018

HMRC warning: time to declare offshore assets

Posted by - Sarah Grandison

HMRC is warning that taxpayers could face penalties if they fail to declare their income on foreign assets before new ‘Requirement to Corr...

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20 Aug 2018

Use Tax-Free Childcare over the summer holidays

Posted by - Sarah Grandison

The Government is reminding ‘stressed out parents’ that help may be available for childcare costs during the summer holidays. According ...

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17 Aug 2018

Consultation on pensions cold calling ban

Posted by - Glen Callow

HMRC has launched a consultation on draft proposals to ban pensions cold calling. Under the proposals, unsolicited marketing calls relating...

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15 Aug 2018

One million couples still eligible for £900 tax boost

Posted by - Sarah Grandison

HMRC has highlighted that three million UK couples have already taken advantage of Marriage Allowance but a million more are still eligible ...

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13 Aug 2018

Next round of tax draft tax legislation published

Posted by - Kevin Johns

The government has published draft legislation for Finance Bill 2018-19 which is currently open for consultation, and ‘continues the gover...

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Blog

11 Sep 2018

Space Hopperathon

Posted by - Jonathan Stobart

On Saturday 8th September the team at Prime embarked on another Charity Challenge, this one known as Prime’s Space Hopperathon.The Space H...

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3 Sep 2018

Prime Accountants Group expands with the acquisition of S.Pabari & Co.

Posted by - Kevin Johns

We are delighted to announce that Prime have acquired S. Pabari and Co. As a growing business Prime seeks opportunities to partner with firm...

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3 Sep 2018

Prime becomes main sponsor of Birmingham & Solihull Rugby Club

Here at Prime, we are proud to have sponsored Birmingham and Solihull R.F.C. also known as the Bees, for the last two seasons. We are deligh...

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16 Aug 2018

Prime’s Space Hopperathon

Posted by - Kevin Johns

Here at Prime we’ve been busy thinking of another crazy and challenging idea to raise some money, as a team, for our charities. On Saturd...

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27 Jul 2018

Quickbooks and HSBC bank feeds

Posted by - Steve Harcourt

Quickbooks continually look to improve their service offering by reducing the administrative tasks for clients. They have taken another step...

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25 Jul 2018

Making Tax Digital - important new rules from next April

Posted by - Laurence Moore

You may have heard that Making Tax Digital (MTD) is being introduced by HMRC next April. After this date, it will be compulsory to submit al...

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25 Jul 2018

HMRC webinars on benefits and VAT

Posted by - Kerrie Given

HMRC have produced a series of informative webinars that will be of interest to an employer who provides expenses and benefits to employees....

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25 Jun 2018

Forensic Lite

Posted by - Leigh Dudley

The perception of experts is that they are expensive! Many feel that it’s like a train journey; once instructed, the train you have just b...

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25 Jun 2018

GDPR and Expert Reports

Posted by - Adrian Pym

As a result of GDPR we have reviewed the way in which we will issue expert reports, and other confidential information in future.We have for...

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25 Jun 2018

Dorridge day fun run

Posted by - Jonathan Stobart

As a local business we embrace the opportunity to involve ourselves in community events.This years Dorridge day fun run was also supporting ...

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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

26 Jun 2018

Prime VC Portal Instructions

Posted by - Laurence Moore

At Prime we file documents electronically using a system called Virtual Cabinet. This useful guide explains how to register and use the system.

14 Jun 2018

Charity News

Posted by - Mike Jellicoe

Our Charity News includes useful guidance on keeping vulnerable beneficiaries, employees and volunteers safe. We also consider the impact of the General Data Protection Regulation (GDPR), updates on Charitable Incorporated Organisations and other pertinent issues giving you the inside track on the sector's current hot topics and latest guidance.

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).

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