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Where possible higher rate taxpayers should Gift Aid any payments to charity to provide additional benefit to the charity and for the individual to obtain additional tax relief on the payment.

The Office for National Statistics (ONS) has revealed that UK businesses spent £25 billion on Research and Development (R&D) in 2018.

HMRC has issued the latest

In a letter in November 2019, the Secretary of State for Health and Social Care, Matt Hancock, has agreed to a temporary commitment to make payments to certain clinical staff outside of the NHS pension schemes to restore the value of their pension benefits package.

HMRC is giving information to taxpayers to help them avoid scams ahead of the Self Assessment deadline.

Some employers may wish to give a small gift to their employees.

HMRC has issued an update to the

HMRC has published guidance for people who hold cryptoassets, typically cryptocurrency or Bitcoin, explaining what taxes they may need to pay and what records they need to keep.

Prime Accountants Group are excited to announce details of our next charity fundraising challenge

Le Tour in 24  

Taking place from 12pm on Saturday 29th Feb - 12pm Sunday 1st March, our team will be cycling on exercise bikes the distance of the Tour de France, 3,365km! This will only be achieved across 6 exercise bikes by cycling continuously for 24 hours maintaining a cycling speed of 23.

We believe delivering a service in accordance to our brand values will provide clients with a high level of client satisfaction.

Nothing at all.

Here at Prime we have expanded our team with the appointment of 11 new staff members and the launch of our probate services.

Effective internal communication is key to creating an engaged workforce.

Whether it's your University classmates or the colleagues you trained with at your first firm, we all have an alumni network.

Under certain circumstances it is possible to arrange the collection of unpaid tax through your PAYE coding rather than making a balancing payment on 31 January.

In a recent Tax Tribunal case the judge agreed with HMRC that a detailed breakdown of directors loan account transactions is required, including dates.

£16m in new government funding is now available to help businesses train staff in making customs declarations, and to help businesses who support others who trade goods to invest in IT.

For VAT periods starting on or after 1 April 2020 (or 1 October 2020 for deferred businesses) your accounting systems must use digital links for any transfer or exchange of data between software programs, products or applications used as functional compatible software.

It was announced on 14 October that Sajid Javed's first budget would be on 6 November but with a general election in December when will it be now?

The current political uncertainty makes it difficult to give clear tax advice as a number of key proposals in the draft Finance Bill scheduled to take effect from April 2020 might not now take place, due to the December general election.

In today's always-on society, business owners and managers are under more pressure than ever.

As a general rule, there are no capital allowances available for expenditure on plant and machinery in a dwelling house.

With less than 100 days until the self assessment tax return deadline of 31 January 2020, HMRC is urging taxpayers to complete their tax returns early, in order to avoid the last minute rush.

According to a report published by the Charity Commision, the majority of UK charities admit fraud is a major risk, but are still failing to carry out basic tasks in order to protect themselves.

The government has abandoned its planned increase in probate fees.