December 2024 newsletter: the latest updates from Clayton & Brewill
Clayton & Brewill’s December 2024 newsletter is now available to view online. We are well and truly into the winter season now with many areas even seeing snowfall in the last few weeks. We hope you are enjoying the last few weeks of the year and are looking forward to 2025. In our latest newsletter, […]
July 2024 newsletter: the latest updates from Clayton & Brewill
Clayton & Brewill’s July 2024 newsletter is now available to view online. Summer holiday season is well and truly upon us, and it’s nice to see a return of the sunshine this week. We hope those of you going away enjoy a relaxing break. In our latest newsletter, we look at a number of key […]
What do the results of the 2024 General Election mean for businesses?
In the early hours of 5 July 2024, it was announced that the Labour Party had won the majority in the 2024 General Election. Entering Downing Street as Labour’s first prime minister in 14 years, Sir Kier Starmer has declared that “change begins now.“ But what does this win mean for businesses? In this article, […]
May 2024 newsletter: the latest updates from Clayton & Brewill
Clayton & Brewill’s May 2024 newsletter is now available to view online. After a very busy few months at Clayton & Brewill, and we’re pleased to be finally seeing a bit of sunshine now that the Summer is on its way. In our latest newsletter, we look at a number of key talking points in […]
Off-payroll working and IR35: are you up to date?
Nottingham chartered accountants, Clayton & Brewill, takes a look at some areas of current relevance to those working through an intermediary, such as a personal service company (PSC). The off-payroll working (OPW) and IR35 rules are tax avoidance measures, designed to prevent those working through what are called intermediaries from paying significantly less tax and […]
Spring Budget 2024: VAT threshold increased to £90,000 for SMEs
On 6 March 2024, Chancellor Jeremy Hunt delivered the Spring Budget 2024 from the House of Commons, announcing an increase to the VAT threshold and cuts to National Insurance. Nottingham chartered accountants, Clayton & Brewill, provide an overview of key measures announced. Set against the backdrop of the looming general election, the Chancellor began his […]
February 2024 newsletter: the latest updates from Clayton & Brewill
Clayton & Brewill’s February 2024 newsletter is now available to view online. After a very busy few months at Clayton & Brewill, we’re well and truly settling into 2024 – and with the cold weather starting to thaw, it already feels like we’re hurtling towards Spring. In our latest newsletter, we look at a number […]
Making Tax Digital: remodelled and going ahead
The start dates for Making Tax Digital for Income Tax (MTD ITSA) were confirmed by Jeremy Hunt in the Autumn Statement 2023, alongside some changes to the regime. In outline, MTD ITSA involves keeping digital records and providing quarterly updates of income and expenditure to HMRC through MTD-compatible software. There is also an end of […]
Advice for employers ahead of major change for payroll
Forthcoming changes to minimum wage highlight the need for employers to deal confidently with the underlying payroll rules. Nottingham Chartered Accountants, Clayton & Brewill, shares a concise guide for employers navigating the evolving payroll landscape. The change for payroll is imminent – from 1 April 2024, the National Living Wage (NLW) becomes £11.44 per hour […]
Autumn Statement 2023: key announcements
Chancellor Jeremy Hunt delivered the Autumn Statement on 22 November, promising that the government will “reduce debt, cut tax and reward work”. New measures announced include a reduction in national insurance for both the employed and self-employed, pension reforms, and cuts to business tax. Personal measures National insurance cuts For employees on between £12,570 and […]