You can read our latest articles here, grouped by nature of content below.
On 8th July, the Chancellor introduced a new “Eat Out to Help Out” (EOHO)
During the COVID-19 pandemic, the Mitchell Charlesworth Payroll Services team are currently receiving an
Financial advice is not only required by the very rich, everyone can benefit from
As a fledgling business, it’s tempting to dive straight in and start trading. Hopefully
HM Revenue and Customs has notified 3,000 charities that they will be asked to
Welcome to the third of our ‘5-minute read’ series. The aim of these communications
Welcome to our new ‘5-minute read’ series. The aim of these communications is to
Welcome to our ‘5-minute read’ where we look at Private Residence Relief and Lettings
January 31st is the deadline for those who need to submit a self assessment
Every small to medium-sized business (SME) needs insurance to ensure they are protected against
In the midst of the many financial support announcements last March, the government advised
Since the introduction of The Payment of Wages Act 1991, the payslips provided to
When Making Tax Digital (‘MTD’) was introduced in April 2019, businesses were given an
Access to finance has traditionally been seen as a challenge at times for many
On 30 October 2020 guidance was published in relation to the Job Support Scheme
HMRC introduced a new approach to PAYE compliance checks, now known as an ‘employer
We are often asked: “What expenses can I claim now that I am self
Newly self employed, i.e. those who started their business in 2019/20 who had previously
When starting your new business venture, it is natural to want to keep costs
Recent years have seen significant challenges across many sectors, and the world of audit
In a Budget that focused heavily on spending plans, we take a look at
The Covid-19 pandemic has caused many financial issues for charities. Going back to basics
**8 February 2021 Update: The government have this morning confirmed some changes to the
The government have this morning, 8 February, confirmed some changes to the Bounce Back
In July 2020, The Border Operating Model was released by the Government which outlines
In July 2020, The Border Operating Model was released by the Government which outlines
In July 2020, The Border Operating Model was released by the Government which outlines
The Withdrawal Agreement has finally got the backing of the MPs and has passed
Corporation tax rates The expected increase in the rate of corporation tax for many
Irrespective of the chancellor’s comments on 17 March, many businesses are unlikely to be
As announced in the Chancellor’s Budget on 3rd March the Business Recovery Loan Scheme (RLS) is now
Making Tax Digital for income tax The Making Tax Digital (MTD) regime is based
Coronavirus loan schemes In 2020, the government introduced a number of government-guaranteed coronavirus loan
Making Tax Digital for Business: VAT HMRC is phasing in its landmark Making Tax
Corporation tax rates Corporation tax rates have already been enacted for periods up to
Making Tax Digital for Business: VAT April 2022 sees the final phase of the
The Government will introduce a business rates retail holiday for all retail, hospitality and
Capital gains tax (CGT) rates No changes to the current rates of CGT have
Capital Gains Tax (CGT) rates No changes to the current rates of CGT have
Capital gains tax (CGT) rates The current rates of CGT are 10%, to the
Capital gains tax (CGT) rates The current rates of CGT are 10%, to the
Capital gains tax (CGT) rates No changes to the current rates of CGT have
Capital Gains Tax (CGT) Rates The current rates of CGT are 10%, to the
The COVID-19 outbreak is already having a significant financial impact on a number of
On Thursday 22 October the Lord Chancellor Rishi Sunak announced further financial support measures
On 24 September the Chancellor announced his Winter Economy Plan in the shape of
On 8th July the Chancellor made an economic statement outlining the next steps to support
On Saturday 28 March the Business Secretary Alok Sharma announced changes to the insolvency
In July 2021 there will be 4 significant changes to the way VAT operates
In July 2021 there will be 4 significant changes to the way VAT operates
A new section has been created in the Employment Rights Regulations 2018 which means calculating average
In the last issue of our Charity newsletter, we reported on the recommendations of
From April 2016, the vast majority of UK Limited Companies have been required to
When I started working on solicitors’ compliance assignments, way back in 2000, the 1998
The Chancellor has this evening (8 April 2020) announced a package of financial support
As Cancer Research UK tops a new league table ranking 100 large charities by
The Charity Commission for England and Wales has warned charities they must use their
The Charity Commission has launched a new set of simple, easy to understand guides
The Charity Commission has issued an alert to charities warning of fraudsters targeting the
It is often reported that fraud within charities is more likely to take place
The Covid-19 pandemic presents complex issues for charities to navigate and is forcing many
Charity reporting and accounting must refocus with the views and needs of the users
Tax reliefs offered to UK charities urgently need an overhaul, according to a new
As widely reported, in February 2018 the joint SORP-making body issued an Exposure Draft
Cheshire and Warrington Local Enterprise Partnership have announced a £1 million restructure grant to
Can I select any date for my accounting year end? Yes, a business owner
The government recently published its Civil Society Strategy which sets out the long-term vision
On 3 March 2021, Chancellor Rishi Sunak delivered his 2021 Spring Budget. As part
The Chancellor has today confirmed that the Coronavirus Job Retention Scheme is to be
The construction of a property can be expensive…even more so if VAT is added
The construction of a property can be expensive…even more so if VAT is added
Please be assured that we are here to help and support you at all
Volatility has clearly returned to the investment markets in 2019, in part due to
A new temporary Coronavirus Business Interruption Loan Scheme, delivered by the British Business Bank,
The Government have launched a new Coronavirus Business Support Finder Tool to help business
*Due to the extension of furlough until 31 March 2021 the Job Retention Bonus
Updated Coronavirus Job Retention Scheme – 3 April 2020 The government has laid out
The Chancellor Rishi Sunak has this evening (29 May) announced updates to the Furlough
The Chancellor announced on 16th April that the Coronavirus Business Interruption Loan scheme is
The Covid-19 crisis has presented charities with an incredibly challenging set of circumstances and
Are you missing out on Creative Industry Tax Relief? Back in In January 2019,
The government have recently announced that £879m in tax relief was provided to firms
Most business owners who own assets such as buildings, office equipment, machinery and stock
Deferral of Self Assessment (Income Tax) Payments If you’re self-employed, Income Tax payments due
A Management Buy-Out (MBO) can be an option for many business owners looking for
As a new business, you may not think you need to worry about VAT
If you engage subcontractors, you must ensure your insurance policy is extended to cover
It’s a busy and uncertain time for schools at the moment, so we wanted
When buying or selling a business due diligence is a critical step in the
With global retail e-commerce sales expected to reach $4.5 trillion by 2021* the massive
The government continues to believe that research and development (R&D) is an important part
Individuals can claim 30% or 50% income tax relief on investments made in unquoted
The use of the Enterprise Management Incentive ‘EMI’ scheme can help small growing companies
As a result of the Government removing the Default Retirement Age back in 2011,
When employing staff for the first time it is important that you follow government
National Insurance Contributions (NICs) A similar principle to that outlined above for income tax
From April 2014, certain businesses have been eligible to claim the Employment Allowance (EA).
National Insurance Contributions (NICs) In September 2021 the government published its proposals for new
The Coronavirus Job Retention Scheme (JRS) The current JRS allows an employer to place
Off-payroll working in the private sector The changes to the off-payroll working rules (commonly
National Insurance thresholds The government has recently announced National Insurance thresholds for 2020/21. Most
Employer provide cars The scale of charges for working out the taxable benefit for
The temporary reduction of the VAT rate that applies to the hospitality, hotel and
Following on the latest DFE guidance published last week on Covid-19, the ESFA’s Chief
Mitchell Charlesworth were recently approached by a solicitor practice requiring urgent assistance regarding business
As a new business owner most of your time will be taken up with
According to Civil Society News, around 2,300 charities have asked the Charity Commission to extend
As this will be our final newsletter prior to the new tax regime that
Alison Birch, VAT partner at Mitchell Charlesworth, reminds businesses that the Government’s new rules
Managing, growing, organising and marketing, a few of the words that describe what owners
Sunday 20th March marks the first day of spring 2022, and with it the opportunity
Covid-19 has seen a rise in fraud and cybercrime against charities, so it’s crucial
Following on from the government’s recent announcements, the Coronavirus Job Retention Scheme will enter
From 1 July, employers can start to bring furloughed staff back to work on
The Mitchell Charlesworth Insurance team are offering a new free insurance cover check for
A recent announcement has confirmed that various Community Foundations have launched new funding programmes
A reminder that claims under the extended CJRS scheme for November open today, with
The Government have announced today that the Coronavirus Job Retention Scheme will now continue
The Chancellor has today (17 April 2020) confirmed that the furlough scheme will now
In light of the COVID-19 pandemic, the DFE published its latest guidance late last
The Chancellor has this morning (5 January 2021) confirmed that businesses in the retail,
All employers with 250 or more employees are now required to publish an annual
You may by now have heard that existing data protection law is set
On Wednesday 17 June the government announced that self employed parents who were previously
In April the government announced a package of financial support for frontline charities during
HMRC has issued a brief on VAT and digital advertising by charities, which confirms
As the country emerges from the pandemic and the economy opens up, HMRC will
HMRC has written to charities to inform them that they must pay VAT on
Imagine for a moment that your company has come under attack by a
In early Autumn the Information Commissioner’s Office (ICO) revealed ‘areas for improvement’ in incident
April 2017 saw the introduction of the ‘family home allowance’, formally referred to as
Anyone that spent any time on the motorways over the Christmas period will have
The Legal Services Act 2007 – A Quick Summary On Thursday 6th October 2011,
The pandemic has brought many challenges for businesses over the past year but has
Every charity is required to compile a Trustees’ Annual Report for inclusion with their
**UPDATED: TIME PERIOD FOR SUSPENSION OF THE FORFEITURE OF EVICTIONS NOW EXTENDED FROM 30TH SEPTEMBER
In this article we cover what inflation really means for you, as well as
Please see updated article here. In April 2017 HMR&C introduced some legislation for taxing the
The ‘IR35’ rules, introduced in 2017 were designed to prevent the avoidance of tax
Updated 3 April 2020 It was announced in the Commons on 1th March that
The Chancellor has today (9 October), announced an expansion of the Job Support Scheme
March 1st Due date for payment of corporation tax for period ended 31 May
January 2019 1 – Due date for payment of corporation tax for period ended
With the government funded Kickstart Scheme, employers can create 6 month job placements for
Welcome to the 2021 Kreston Charities Report, prepared in conjunction with our colleagues in
When arranging to insure your buy to let property it’s only natural to focus
HMRC says it is being ‘lenient’ on MTD At Civil Society Media’s Charity Finance
Making Tax Digital – soft-landing period extended To ease the pressure on businesses during
MTD will apply to all VAT registered businesses from 1 April 2022. Therefore, VAT returns will
Mitchell Charlesworth hosts charity quiz in aid of Ronald McDonald House Last month Mitchell
Media Trust has launched a series of free digital marketing strategy webinars, created especially
Mitchell Charlesworth has been appointed by Michael Carrick Foundation and the British American Football
Webinar – Social Housing Update Tuesday 1 March 2022 11am – 12pm Webinar –
New partner appointment at Mitchell Charlesworth Mitchell Charlesworth has promoted Louise Casey to partner.
Mitchell Charlesworth advises Breaking Free on its sale to LifeWorks Mitchell Charlesworth has advised
Mitchell Charlesworth bolsters team with five senior appointments Mitchell Charlesworth has made a series
Mitchell Charlesworth strengthens Corporate Recovery and Insolvency Team Mitchell Charlesworth has bolstered its corporate
Entries for 2018 Merseyside Innovation Awards now open Entering its 22nd year, the Merseyside
Mitchell Charlesworth compete in 7th annual Peel Dragon Boat Race Represented by members of
Entries for 2019 Merseyside Innovation Awards now open Entering its 23rd year, the Merseyside
As you are already using compatible software the steps you need to take are
Records must be kept digitally under MTD and therefore paper records are no longer
You will need to speak to your provider to see whether they are planning
Although your business is compliant with keeping records digitally, you will need to be
From 1 April 2020, the government is increasing both the National Minimum and National
Audit environment and changes Whilst audit may have been in the press for all
New Solicitors Accounts Rules came into immediate effect on 25 November 2019 and law
The Solicitors Regulation Authority (SRA) has confirmed new accounting regulations will come into force
As a result of the pandemic, VAT registered businesses were permitted to defer their
The Government announced a new scheme on Wednesday 9 September, in an effort to
The charity regulators behind SORP have recently published new guidance for charities participating in
The new penalty regime was due to be introduced on 1 April 2022, however
From 1 April 2022, businesses must notify HMRC when they take a tax position
What is IR35? The ‘IR35’ rules have been in existence for many years and
Research from the Fundraising Regulator has found that just one in five charities (21%) include
In addition to the grant funding schemes announced by the Chancellor to support business
Tonnage Tax The UK’s tonnage tax regime will be reformed from April 2022 to
Land and buildings transaction taxes Land and buildings transaction taxes are devolved to Scotland
Extension of offshore time limits The assessment time limits have been increased for offshore
VAT E-publications The government will introduce legislation to apply a zero rate of VAT
Back to work Major themes in the Budget were getting people to enter work,
VAT Rates and Limits The VAT registration and deregistration thresholds will remain unchanged for
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 The members of our charities team have decades of experience between
An overview of the most interesting articles catching the eyes of our web visitors,
There is just one month to go until the filing deadline for P11Ds (6
The backbone of the UK economy has always been the entrepreneur. While Covid-19 has
The government announced yesterday (9 June 2020) that employees on paternity and maternity leave
As with R&D Tax Relief, Patent Box Tax Relief has been an available Corporation
For workers who are self-isolating owing to COVID-19, Statutory Sick Pay (SSP) is payable
HMRC continues risk based PAYE penalties for 2017-18 Following a review of the effectiveness
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