Year End Tax Planning

The 5th April is rapidly approaching, and there are a variety of reliefs and exemptions to consider. This Year End Planning guide highlights some of these. If you’d like us to consider whether you are eligible before you miss out, … Read More

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