News Centre
News articles, blogs and resources from Prime Accountants
Please see below for a range of useful blog posts, resources and latest news stories which may be of interest to you.
In order to try and ensure that businesses are ready to trade post-Brexit, HMRC is automatically enrolling them in the customs system.
By Prime AccountantsPublished On: 05/09/2019The Institute of Chartered Accountants in England and Wales (ICAEW) has urged the government to simplify the complexities of accessing apprenticeship funding.
By Morgan DaviesPublished On: 05/09/2019- By Kevin JohnsPublished On: 05/09/2019
At Prime we are proud to have assisted many clients through their whole business life cycle.
By Jeremy KitsonPublished On: 04/09/2019Diversity and inclusion are hot topics as society is driving firms to become more inclusive.
By Steve HarcourtPublished On: 03/09/2019Calculating return on investment (ROI) on marketing activity has been a longstanding challenge for businesses.
By Kevin JohnsPublished On: 03/09/2019The decision in a recent tax tribunal case reminds us that directors and other company officers may be personally liable for VAT penalties of their company.
By Jeremy KitsonPublished On: 03/09/2019If you pay your VAT quarterly by direct debit the sign-up window has closed for the 7 August (30 June quarter) submission.
By Morgan DaviesPublished On: 03/09/2019In earlier newsletters we reported that hospital doctors and GPs were lobbying the government to amend the pension tax rules as the current system of restricting tax relief on pension contributions means many doctors paying almost all of the extra salary back in tax if they take on additional responsibilities or work additional shifts.
By Glen CallowPublished On: 03/09/2019Arbitration is the process of bringing a business dispute before a neutral third party in order to resolve the situation.
By Adrian PymPublished On: 03/09/2019It's important to be able to say no at work without making enemies.
By Kevin JohnsPublished On: 03/09/2019HMRC are being urged to provide clarity and consistency on the tax treatment of commercial vehicles such as VW Kombi Vans marketed as goods vehicles.
By Kevin JohnsPublished On: 03/09/2019You might also be thinking what summer? Where did it go? Especially now the autumn chill and rain has returned and that brief heat wave seems a long time ago!
But I have to talk about Stokes and his heroics for the England Cricket Team against the Australians this weekend.
By Prime AccountantsPublished On: 29/08/2019We're hoping to be in prime position to scoop two prestigious awards next month after being nominated in the Company of the Year' and Professional Services' categories at the upcoming Coventry Business Excellence Awards (CBEA).
By Steve HarcourtPublished On: 29/08/2019- By Jeremy KitsonPublished On: 06/08/2019
Data published by the Office for National Statistics (ONS) has revealed that UK wage growth increased to 3.
By Jamie SkeldingPublished On: 06/08/2019The Federation of Master Builders (FMB) is warning that a major change in the way that VAT is accounted for in the building and construction sector which takes effect later this year may cause chaos.
By Morgan DaviesPublished On: 06/08/2019From 6 April 2020, insolvency legislation will be amended to move HMRC up the creditor hierarchy for the distribution of assets in the event of insolvency by making HMRC a secondary preferential creditor in respect of certain tax debts held by a business (this includes individuals and partnerships) on behalf of their customers and employees.
By Prime AccountantsPublished On: 06/08/2019From April 2020, the government will introduce a new 2% tax on the revenues of search engines, social media platforms and online marketplaces which derive value from UK users.
By Steve HarcourtPublished On: 06/08/2019A recent case before the tax tribunal saw the liability for a late VAT registration penalty being passed on to a manager of the company.
By Morgan DaviesPublished On: 06/08/2019There is currently a very generous 100% relief from inheritance tax for passing on businesses and farm land during lifetime and on death.
By Kevin JohnsPublished On: 06/08/2019Draft legislation to be included in the next Finance Bill will make important changes to the calculation of CGT private residence relief.
By Kevin JohnsPublished On: 06/08/2019The draft Finance Bill clauses issued for consultation on 11 July include legislation to extend the off-payroll working rules to the private sector from 6 April 2020.
By Jamie SkeldingPublished On: 06/08/2019The Office of Tax Simplification (OTS) have undertaken a detailed review of Inheritance Tax (IHT), which is perceived by many as a complicated tax.
By Glen CallowPublished On: 06/08/2019
Prime Accountants News Centre
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