Accountancy News and Advice From MCC Accountants
On 11th March, the UK received its first Budget in seventeen months from the new Chancellor of the Exchequer, Rishi Sunak. In this blog post, Manchester chartered accountant, MCC, gives you a broad overview of the major tax changes due…
From April 2020 the rules for engaging individuals through personal service companies (PSCs) are changing. These individuals are described as “off payroll” and the responsibility for determining whether the off-payroll working rules apply will move to the organisation receiving an…
Almost one million people missed the 31st January self assessment tax deadline this year. If you’re one of them, you will have been fined £100 automatically. Unless you act immediately, that fine will increase over the next few months. Fines…
If you are starting a new business, or planning to expand an existing company, you need to be aware of the legislation surrounding the national minimum wage. Employing staff is always a complex process, but more issues will arise than…
Inheritance tax is arguably one of the most disliked taxes in the UK. Though it raises far less income for the Government than VAT or income tax, it causes much ire because it is seen as another tax on earnings…
31st January is your personal tax filing deadline With the 31st January deadline just a few weeks away, it is essential that you get in touch with your tax advisor or tax accountant to make sure you have your online…
Last week, the Conservative Party, led by Boris Johnson, won the General Election by an unprecedented landslide. But what does the victory mean for you, personally and as a business owner, from a financial perspective? In this blog post, Salford…
If you operate a limited company, a foreign company with a UK branch, or an unincorporated association, you are liable to pay Corporation Tax. This is the tax your company pays on its operating profits and any money it makes…
We recently advised that the deadline for filing paper tax returns was fast approaching. That deadline has now passed, but if you missed it, don’t worry; you still have time to submit your tax return online. The deadline is: 31/01/2019…
