Important information for employers We would like inform you of an upcoming increase to minimum wage and minimum pension contributions on the 1st April 2019. The increases to minimum wage are as follows:- 25 and over – … Read More
Author Archives: Matthew Batey
Monthly E-Newsletter – February 2019
Newton & Co Monthly E-Newsletter February 2019 Here we’ve included our top tax stories from the last month for your perusal. Please also check out our Facebook and Twitter pages too. @newtonandco @NewtonAccounts Top … Read More
Budget Update
Budget Update The Chancellor Philip Hammond presented his second Autumn Budget this week and we’ve summarised the key tax points for you here: The personal allowance threshold, the rate at which people start paying income tax at 20%, to … Read More
Business Mileage Claims
When claiming business mileage as a business expense against tax or as a VAT claim on the fuel element, you must also keep the Petrol / Diesel receipt . ( We know it will include some private use). The mileage … Read More
Is this really a text from HMRC?
Is this really a text from HMRC? This week a client of ours received what appeared to be a text from HMRC telling them that they were due a tax refund. It also asked for the client’s bank details! … Read More
Employees Under 16
You may not be aware that if you employ anyone under 16 that you need a permit to employ the individual. Failure to get the permit means that you maybe liable to a fine of up to £1000 and your … Read More
Budget 2017 Summary
The 2017 Budget was announced yesterday and we just thought we’d share BBC’s article with the key points: Tax-free personal allowance on income tax to rise to £11,850 inApril 2018 Higher-rate tax threshold to increase to £46,350 National Living Wage to … Read More
Contracts of Employment – August 2017 Blog
Contracts of Employment – August 2017 Blog For our clients with employees, the most important document you should have is a Contract of Employment. It should clearly state the obligations of both you as the employer and your member … Read More
HMRC do not communicate by email – July 2017 Blog
HMRC DO NOT COMMUNICATE BY E MAIL We have had a lot of clients being contacted by spoof e mails suggesting that they are from HMRC. They come in all forms from offering refunds to outstanding tax. The common theme … Read More
Making Tax Digital – Blog by Mark Newton of Newton & Co Accountants – March 2017
Blog by Mark Newton of Newton & Co Accountants – March 2017 MAKING TAX DIGITAL “MTD “ – THE BIGGEST CHANGE IN UK TAX SINCE SELF ASSESMENT SELF EMPLOYED AND BUSINESS PEOPLE PLEASE SIT UP AND LISTEN This may be the … Read More