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You can read our latest articles here, grouped by nature of content below.

“Eat Out to Help Out” (EOHO) Scheme

On 8th July, the Chancellor introduced a new “Eat Out to Help Out” (EOHO)

“Furlough” – Your Questions Answered

During the COVID-19 pandemic, the Mitchell Charlesworth Payroll Services team are currently receiving an

10 steps to take when marketing your new business

As a fledgling business, it’s tempting to dive straight in and start trading.  Hopefully

3000 charities required to submit a tax return by HMRC

HM Revenue and Customs has notified 3,000 charities that they will be asked to

A Guide to Self Assessement Tax Returns

January 31st is the deadline for those who need to submit a self assessment

A guide to the different types of business insurance

Every small to medium-sized business (SME) needs insurance to ensure they are protected against

A reminder about the reverse charge for construction – 1 March 2021

In the midst of the many financial support announcements last March, the government advised

A Reminder for Employers: Itemised Payslips

Since the introduction of The Payment of Wages Act 1991, the payslips provided to

A reminder: Making Tax Digital – 1 April 2021

When Making Tax Digital (‘MTD’) was introduced in April 2019, businesses were given an

Access to Funding – Finance for SME’s

Access to finance has traditionally been seen as a challenge at times for many

Alert for Employers: Job Support Scheme (Open)

On 30 October 2020 guidance was published in relation to the Job Support Scheme

All you need to know about HMRC’s PAYE compliance checks

HMRC introduced a new approach to PAYE compliance checks, now known as an ‘employer

Allowable expenses

We are often asked: “What expenses can I claim now that I am self

Applying for the fourth SEISS Grant

Newly self employed, i.e. those who started their business in 2019/20 who had previously

Are you still shoebox accounting?

When starting your new business venture, it is natural to want to keep costs

Audit: challenges, changes and composition

Recent years have seen significant challenges across many sectors, and the world of audit

Autumn Budget 2021 | The Charity Impact

In a Budget that focused heavily on spending plans, we take a look at

Back to basics with your charity finances

The Covid-19 pandemic has caused many financial issues for charities. Going back to basics

Bounce Back Loans for Small Businesses

**8 February 2021 Update: The government have this morning confirmed some changes to the

Bounce Back Loans Update

The government have this morning, 8 February, confirmed some changes to the Bounce Back

Brexit – what do we currently know? (9 October 2020)

In July 2020, The Border Operating Model was released by the Government which outlines

Brexit – what do we currently know? (9 October 2020)

In July 2020, The Border Operating Model was released by the Government which outlines

Brexit – what do we currently know? (9 October 2020)

In July 2020, The Border Operating Model was released by the Government which outlines

Brexit: VAT Review

The Withdrawal Agreement has finally got the backing of the MPs and has passed

Business

Corporation tax rates The expected increase in the rate of corporation tax for many

Business Insurance

Irrespective of the chancellor’s comments on 17 March, many businesses are unlikely to be

Business Recovery Loan Scheme (RLS)

As announced in the Chancellor’s Budget on 3rd March the Business Recovery Loan Scheme (RLS) is now

Business Tax

Making Tax Digital for income tax The Making Tax Digital (MTD) regime is based

Business Tax

Coronavirus loan schemes In 2020, the government introduced a number of government-guaranteed coronavirus loan

Business Tax

Making Tax Digital for Business: VAT HMRC is phasing in its landmark Making Tax

Business Tax

Corporation tax rates Corporation tax rates have already been enacted for periods up to

Business Tax

Making Tax Digital for Business: VAT April 2022 sees the final phase of the

Businesses rates retail holiday

The Government will introduce a business rates retail holiday for all retail, hospitality and

Capital Taxes

Capital gains tax (CGT) rates No changes to the current rates of CGT have

Capital Taxes

Capital Gains Tax (CGT) rates No changes to the current rates of CGT have

Capital Taxes

Capital gains tax (CGT) rates The current rates of CGT are 10%, to the

Capital Taxes

Capital gains tax (CGT) rates The current rates of CGT are 10%, to the

Capital Taxes

Capital gains tax (CGT) rates No changes to the current rates of CGT have

Capital Taxes

Capital Gains Tax (CGT) Rates The current rates of CGT are 10%, to the

Cash flow planning using cloud accounting

The COVID-19 outbreak is already having a significant financial impact on a number of

Chancellor amends Winter Economy Plan for Tier 2 & 3 Businesses

On Thursday 22 October the Lord Chancellor Rishi Sunak announced further financial support measures

Chancellor’s Winter Economy Plan – September 2020

On 24 September the Chancellor announced his Winter Economy Plan in the shape of

Chancellor’s Economic Statement – July 2020

On 8th July the Chancellor made an economic statement outlining the next steps to support

Changes to Corporate Insolvency Procedures

On Saturday 28 March the Business Secretary Alok Sharma announced changes to the insolvency

Changes to EU VAT from July 2021

In July 2021 there will be 4 significant changes to the way VAT operates

Changes to EU VAT from July 2021

In July 2021 there will be 4 significant changes to the way VAT operates

Changes to Holiday Pay Calculations – From April 2020

A new section has been created in the Employment Rights Regulations 2018 which means calculating average

Changes to the Charities SORP

In the last issue of our Charity newsletter, we reported on the recommendations of

Changes to the Register of Persons of Significant Control

From April 2016, the vast majority of UK Limited Companies have been required to

Changes to the Solicitors Accounts Rules

When I started working on solicitors’ compliance assignments, way back in 2000, the 1998

Charities and COVID 19 Update

The Chancellor has this evening (8 April 2020) announced a package of financial support

Charity branding tips

As Cancer Research UK tops a new league table ranking 100 large charities by

Charity Commission accounts monitoring review

The Charity Commission for England and Wales has warned charities they must use their

Charity Commission launches ‘5 minute guides’ for trustees

The Charity Commission has launched a new set of simple, easy to understand guides

Charity Commission warns of fraudsters impersonating staff

The Charity Commission has issued an alert to charities warning of fraudsters targeting the

Charity Fraud most often committed from within

It is often reported that fraud within charities is more likely to take place

Charity governance during the Covid-19 pandemic

The Covid-19 pandemic presents complex issues for charities to navigate and is forcing many

Charity reporting & accounting needs to change, says SORP panel

Charity reporting and accounting must refocus with the views and needs of the users

Charity tax reliefs need urgent overhaul, finds NCVO commission

Tax reliefs offered to UK charities urgently need an overhaul, according to a new

Charity Update: Changes to the Charity SORP (FRS102)

As widely reported, in February 2018 the joint SORP-making body issued an Exposure Draft

Cheshire & Warrington LEP announce new grant to help small businesses get back to work

Cheshire and Warrington Local Enterprise Partnership have announced a £1 million restructure grant to

Choosing the right legal structure for your charity or not for profit organisation

So you know what social activity you want to provide and the social outcomes

Choosing your accounting date

Can I select any date for my accounting year end? Yes, a business owner

Civil Society Strategy – what charities need to know

The government recently published its Civil Society Strategy which sets out the long-term vision

CJRS and SEISS Update | 3 March 2021

On 3 March 2021, Chancellor Rishi Sunak delivered his 2021 Spring Budget.  As part

CJRS extension 5 November 2020

The Chancellor has today confirmed that the Coronavirus Job Retention Scheme is to be

Construction – Relevant Charitable Purpose

The construction of a property can be expensive…even more so if VAT is added

Construction – when does zero-rating apply?

The construction of a property can be expensive…even more so if VAT is added

Contact us

Please be assured that we are here to help and support you at all

Coping with market volatility

Volatility has clearly returned to the investment markets in 2019, in part due to

Coronavirus Business Interruption Loan Scheme (CBILS)

A new temporary Coronavirus Business Interruption Loan Scheme, delivered by the British Business Bank,

Coronavirus Business Support Finder Tool

The Government have launched a new Coronavirus Business Support Finder Tool to help business

Coronavirus Job Retention Bonus

*Due to the extension of furlough until 31 March 2021 the Job Retention Bonus

Coronavirus Job Retention Scheme

Updated Coronavirus Job Retention Scheme – 3 April 2020 The government has laid out

Coronavirus Job Retention Scheme – Update 29 May 2020

The Chancellor Rishi Sunak has this evening (29 May) announced updates to the Furlough

Coronavirus Large Business Interruption Loan Scheme (CLBILS)

The Chancellor announced on 16th April that the Coronavirus Business Interruption Loan scheme is

Covid-19: Remote auditing and financial reporting considerations for charities

The Covid-19 crisis has presented charities with an incredibly challenging set of circumstances and

Creative Industries Relief

Are you missing out on Creative Industry Tax Relief? Back in In January 2019,

Creative Industry Tax Reliefs – what are they and how can your company benefit?

The government have recently announced that £879m in tax relief was provided to firms

Cyber insurance: what SME businesses need to know

Most business owners who own assets such as buildings, office equipment, machinery and stock

Deferral of VAT and Income Tax Payments

Deferral of Self Assessment (Income Tax) Payments If you’re self-employed, Income Tax payments due

Demystifying the Management Buy Out process

A Management Buy-Out (MBO) can be an option for many business owners looking for

Do I or don’t I…VAT is the question!

As a new business, you may not think you need to worry about VAT

Do you engage sub-contractors?

If you engage subcontractors, you must ensure your insurance policy is extended to cover

Don’t forget about the Teachers’ Pension Scheme End of Year Certificate (“EOYC”)

It’s a busy and uncertain time for schools at the moment, so we wanted

Due Diligence

When buying or selling a business due diligence is a critical step in the

E-commerce – it’s a small world after all…

With global retail e-commerce sales expected to reach $4.5 trillion by 2021* the massive

Eight top tips for a successful R&D tax claim

The government continues to believe that research and development (R&D) is an important part

EIS & SEIS: Reclaiming tax on investments

Individuals can claim 30% or 50% income tax relief on investments made in unquoted

Employee Share Plans: Enterprise Management Incentive “EMI” options

The use of the Enterprise Management Incentive ‘EMI’ scheme can help small growing companies

Employing people over the state pension age: National Insurance Contributions

As a result of the Government removing the Default Retirement Age back in 2011,

Employing staff for the first time – getting it right

When employing staff for the first time it is important that you follow government

Employment

National Insurance Contributions (NICs) A similar principle to that outlined above for income tax

Employment Allowance Changes from April 2020

From April 2014, certain businesses have been eligible to claim the Employment Allowance (EA).

Employment Taxes

National Insurance Contributions (NICs) In September 2021 the government published its proposals for new

Employment Taxes

The Coronavirus Job Retention Scheme (JRS) The current JRS allows an employer to place

Employment Taxes

Off-payroll working in the private sector The changes to the off-payroll working rules (commonly

Employment Taxes

National Insurance thresholds The government has recently announced National Insurance thresholds for 2020/21. Most

Employment Taxes

Employer provide cars The scale of charges for working out the taxable benefit for

End of temporary reduced VAT rate for leisure and hospitality

The temporary reduction of the VAT rate that applies to the hospitality, hotel and

ESFA Issues a Covid-19 Letter to all Accounting Officers

Following on the latest DFE guidance published last week on Covid-19, the ESFA’s Chief

Expect the Unexpected: Case Study

Mitchell Charlesworth were recently approached by a solicitor practice requiring urgent assistance regarding business

Expect the Unexpected: Plan ahead to protect your business

As a new business owner most of your time will be taken up with

Filing charity annual returns during the Covid-19 pandemic

According to Civil Society News, around 2,300 charities have asked the Charity Commission to extend

Final Reminder: Making Tax Digital for VAT

As this will be our final newsletter prior to the new tax regime that

Final Reminder: Making Tax Digital for VAT

Alison Birch, VAT partner at Mitchell Charlesworth, reminds businesses that the Government’s new rules

Financial planning for your business

Managing, growing, organising and marketing, a few of the words that describe what owners

Financial Spring Cleaning

Sunday 20th March marks the first day of spring 2022, and with it the opportunity

Five steps to protect from charity fraud

Covid-19 has seen a rise in fraud and cybercrime against charities, so it’s crucial

Flexible Furlough FAQs

Following on from the government’s recent announcements, the Coronavirus Job Retention Scheme will enter

Flexible Furlough: The Finer Details

From 1 July, employers can start to bring furloughed staff back to work on

Free business insurance cover check

The Mitchell Charlesworth Insurance team are offering a new free insurance cover check for

Funding Available to Local Organisations

A recent announcement has confirmed that various Community Foundations have launched new funding programmes

Furlough claims open 11 November 2020

A reminder that claims under the extended CJRS scheme for November open today, with

Furlough extended – 17 December 2020 update

The Government have announced today that the Coronavirus Job Retention Scheme will now continue

Furlough period extended until the end of June 2020

The Chancellor has today (17 April 2020) confirmed that the furlough scheme will now

Furloughing for Schools

In light of the COVID-19 pandemic, the DFE published its latest guidance late last

Further financial support grants announced due to Lockdown 3.0

The Chancellor has this morning (5 January 2021) confirmed that businesses in the retail,

Gender Pay Gap Reporting

All employers with 250 or more employees are now required to publish an annual

General Data Protection Regulations – How may it affect you?

  You may by now have heard that existing data protection law is set

Getting ready for your Company Year End

Welcome to the third of our ‘5-minute read’ series. The aim of these communications

Getting ready for your Self Assessment Tax Return

Welcome to our new ‘5-minute read’ series. The aim of these communications is to

Government extend SEISS to ensure affected self employed parents can benefit

On Wednesday 17 June the government announced that self employed parents who were previously

Government support and funding during Covid-19

In April the government announced a package of financial support for frontline charities during

HMRC confirms zero-rated VAT for charity digital advertising

HMRC has issued a brief on VAT and digital advertising by charities, which confirms

HMRC Debt Collection as we emerge from the pandemic

As the country emerges from the pandemic and the economy opens up, HMRC will

HMRC tells charities not to claim VAT relief on social media advertising

HMRC has written to charities to inform them that they must pay VAT on

How to protect your business against the unknown costs of a data breach

  Imagine for a moment that your company has come under attack by a

ICO reveals ‘areas for improvement’ following risk reviews of eight charities

In early Autumn the Information Commissioner’s Office (ICO) revealed ‘areas for improvement’ in incident

IHT thresholds on residential property

April 2017 saw the introduction of the ‘family home allowance’, formally referred to as

Import changes

Anyone that spent any time on the motorways over the Christmas period will have

Important Law Update – The Legal Services Act 2007

The Legal Services Act 2007 – A Quick Summary On Thursday 6th October 2011,

Improving productivity using cloud software

The pandemic has brought many challenges for businesses over the past year but has

Improving your Trustees’ Annual Report

Every charity is required to compile a Trustees’ Annual Report for inclusion with their

Insolvency Update 22 June 2020

**UPDATED: TIME PERIOD FOR SUSPENSION OF THE FORFEITURE OF EVICTIONS NOW EXTENDED FROM 30TH SEPTEMBER

Investing during high inflation: Can I afford to?

In this article we cover what inflation really means for you, as well as

IR35 – End of the Personal Service Company?

Please see updated article here. In April 2017 HMR&C introduced some legislation for taxing the

IR35 for the Private Sector: Perspectives from Employment Law and Tax

The ‘IR35’ rules, introduced in 2017 were designed to prevent the avoidance of tax

IR35 tax reforms suspended for one year

Updated 3 April 2020 It was announced in the Commons on 1th March that

Job Support Scheme and Localised Lockdown Furlough

The Chancellor has today (9 October), announced an expansion of the Job Support Scheme

Key Tax Dates | March – December 2022

March 1st Due date for payment of corporation tax for period ended 31 May

Key Tax Dates: January – October 2019

January 2019 1 – Due date for payment of corporation tax for period ended

Kickstart Scheme

With the government funded Kickstart Scheme, employers can create 6 month job placements for

Kreston Charities Report July 2021

Welcome to the 2021 Kreston Charities Report, prepared in conjunction with our colleagues in

Landlord’s Insurance…the forgotten risks

When arranging to insure your buy to let property it’s only natural to focus

Latest on Making Tax Digital for VAT

HMRC says it is being ‘lenient’ on MTD At Civil Society Media’s Charity Finance

Making Tax Digital – soft landing period extended

Making Tax Digital – soft-landing period extended To ease the pressure on businesses during

Making Tax Digital (MTD) mandatory for all VAT registered businesses

MTD will apply to all VAT registered businesses from 1 April 2022.  Therefore, VAT returns will

MC News update October 2019

Mitchell Charlesworth hosts charity quiz in aid of Ronald McDonald House Last month Mitchell

Media Trust launches free digital marketing webinars for charities

Media Trust has launched a series of free digital marketing strategy webinars, created especially

Mitchell Charlesworth appointed by Michael Carrick Foundation and British American Football Association

Mitchell Charlesworth has been appointed by Michael Carrick Foundation and the British American Football

Mitchell Charlesworth events

Webinar – Social Housing Update Tuesday 1 March 2022 11am – 12pm Webinar –

Mitchell Charlesworth News

New partner appointment at Mitchell Charlesworth Mitchell Charlesworth has promoted Louise Casey to partner.

Mitchell Charlesworth news

Mitchell Charlesworth advises Breaking Free on its sale to LifeWorks Mitchell Charlesworth has advised

Mitchell Charlesworth news Summer 2021

Mitchell Charlesworth bolsters team with five senior appointments Mitchell Charlesworth has made a series

Mitchell Charlesworth news update

Mitchell Charlesworth strengthens Corporate Recovery and Insolvency Team Mitchell Charlesworth has bolstered its corporate

Mitchell Charlesworth news update

Entries for 2018 Merseyside Innovation Awards now open Entering its 22nd year, the Merseyside

Mitchell Charlesworth news update

Mitchell Charlesworth compete in 7th annual Peel Dragon Boat Race Represented by members of

Mitchell Charlesworth news update January 2019

Entries for 2019 Merseyside Innovation Awards now open Entering its 23rd year, the Merseyside

My business already uses compatible software…

As you are already using compatible software the steps you need to take are

My business does not use software currently…

Records must be kept digitally under MTD and therefore paper records are no longer

My business uses software but it is a bespoke system…

You will need to speak to your provider to see whether they are planning

My business uses software but it is an old version…

Although your business is compliant with keeping records digitally, you will need to be

National Living Wage and National Minimum Wage Increase on 1 April 2020

From 1 April 2020, the government is increasing both the National Minimum and National

Navigating an audit in 2021

Audit environment and changes Whilst audit may have been in the press for all

New accounting rules for solicitors

New Solicitors Accounts Rules came into immediate effect on 25 November 2019 and law

New accounting rules for solicitors in November 2019

The Solicitors Regulation Authority (SRA) has confirmed new accounting regulations will come into force

New Deferral Payment Scheme for deferred VAT payments

As a result of the pandemic, VAT registered businesses were permitted to defer their

New grants for businesses affected by local lockdowns

The Government announced a new scheme on Wednesday 9 September, in an effort to

New guidance for charities with multi-employer defined benefit pension plans

The charity regulators behind SORP have recently published new guidance for charities participating in

New penalty regime for late payment of VAT and late filing of VAT returns

The new penalty regime was due to be introduced on 1 April 2022, however

Notification of uncertain tax treatment by large businesses

From 1 April 2022, businesses must notify HMRC when they take a tax position

Off payroll working for the private sector

What is IR35? The ‘IR35’ rules have been in existence for many years and

Only one in five charities fully comply with fundraising reporting duties

Research from the Fundraising Regulator has found that just one in five charities (21%) include

Other available grant funding

In addition to the grant funding schemes announced by the Chancellor to support business

Other Matters

Tonnage Tax The UK’s tonnage tax regime will be reformed from April 2022 to

Other Matters

Land and buildings transaction taxes Land and buildings transaction taxes are devolved to Scotland

Other Matters

Extension of offshore time limits The assessment time limits have been increased for offshore

Other Matters

VAT E-publications The government will introduce legislation to apply a zero rate of VAT

Other Matters

Back to work Major themes in the Budget were getting people to enter work,

Other Matters

VAT Rates and Limits The VAT registration and deregistration thresholds will remain unchanged for

Other support resources

UK government: guidance for employers, employees and businesses about COVID-19 https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19/guidance-for-employers-and-businesses-on-covid-19 UK government: number

Our Charities Team

Our Charities Team The members of our charities team have decades of experience between

Our Top Five most popular articles

An overview of the most interesting articles catching the eyes of our web visitors,

P11D Expenses and Benefits

There is just one month to go until the filing deadline for P11Ds (6

Pandemic sparks surge in business start-ups

The backbone of the UK economy has always been the entrepreneur. While Covid-19 has

Parents returning to work after extended leave eligible for furlough

The government announced yesterday (9 June 2020) that employees on paternity and maternity leave

Patent Box Tax Relief – are you maximising the return on your patents?

As with R&D Tax Relief, Patent Box Tax Relief has been an available Corporation

Paying Employees Statutory Sick Pay during COVID-19

For workers who are self-isolating owing to COVID-19, Statutory Sick Pay (SSP) is payable

Payroll Update: PAYE & Construction Industry Scheme

HMRC continues risk based PAYE penalties for 2017-18 Following a review of the effectiveness