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 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: 29/08/2019HMRC has updated their
By Jeremy KitsonPublished On: 06/08/2019Data 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: 06/08/2019Here at Prime we pride ourselves on offering employees a flexible working environment to promote a healthy work life balance.
By Jamie SkeldingPublished On: 06/08/2019Here at Prime Accountants, we place a great importance on what factors are affecting the local economy and, in turn, how that affects our business, our people and our community.
By Steve HarcourtPublished On: 30/07/2019The recent problems with the suspension of dealings in a heavily promoted UK equity income fund have exposed the blurred line between advice and guidance.
By Glen CallowPublished On: 29/07/2019Britain's Financial Conduct Authority said a strong case could be made for regulating how financial products are marketed following a surge in online promotions.
By Glen CallowPublished On: 29/07/2019Inheritance tax could be due a major overhaul, with a new report recommending sweeping changes to gifting rules, life insurance policies and even who pays the bill.
By Glen CallowPublished On: 29/07/2019Pension scams cost Brits £4 billion a year and are anticipated to be the next big financial scandal, it was reported this month.
By Glen CallowPublished On: 29/07/2019There are more highly leveraged mortgages€”those with high loan to value (LTV) ratios€”being issued than at any time since before the financial crisis.
By Glen CallowPublished On: 29/07/2019
Prime Accountants News Centre
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