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This affects everyone who is self-employed, including partners in partnerships. At present, if you are self-employed and your accounting date (that is, your business year-end) is not 31 March or [...]

I am booked to attend an online meeting with the ACCA and wealth managers on the topic: “Property vs Pension: how to generate an income in later life” on 7 October 2021 at 12 noon. I’m aware this [...]

This affects everyone earning a salary or receiving dividends and everyone who is self-employed, including partners in partnerships. National Insurance From April 2022, national insurance rates [...]

HMRC are proceeding with their plans to digitise tax administration. We believe that they will further develop their systems so that, when a VAT return is submitted online, they will interrogate [...]

Virtual Assistance – Practical help out of admin tangles The country appears to be making its way back to something like normal life after Covid. Some of us reading this may be, or soon [...]

Employing staff from elsewhere in Europe For some years now, it has been the legal responsibility of all employers to verify that all their employees have the legal right to work in the United [...]

Luigi is our newest addition to the team, he is eager to continue his studies and achieve accounting qualifications within the firm. He has had a keen interest in sport since he was a child; as [...]

This is relevant to all clients who have a payroll. Even if we do not process your payroll, we suggest you check this point with your payroll software provider.   When we run the April 2020 [...]

Background The Government is bringing in a scheme for help with payments to employees who are furloughed as a result of the Coronavirus outbreak. Furloughed means, sent home with no work. For [...]

Self-employment income support scheme This is meant to cover people whose main income is self-employment, including partners in partnerships. The Government has promised that, if you appear to [...]

The government have announced a business rates holiday for business ratepayers in the hotel, tourism and leisure businesses.   Business ratepayers in all business sectors who qualify for [...]

The current health situation 14 days of Statutory Sick Pay per employee to be met by the Government in full. Business properties with rateable value less than £51,000 will pay no Business Rates. [...]

During the Great Depression, President Franklin D. Roosevelt stated in his Inauguration Speech in 1933, “the only thing you have to fear is fear itself”.   Fear The official response to a [...]

From 1st October 2020 main Contractors will no longer pay VAT to Sub-Contractors working on projects under the CIS Scheme.  Instead, the main Contractor will pay the VAT directly to H M [...]

As you will know, for some time it has been the case that if you are doing work for somebody through your Limited Company, and the terms and conditions of the work are such that it would be [...]

At present, capital gains tax is payable on 31 January following the end of the tax year in which the gain takes place. This rule is about to change for residential properties.   As from 6 [...]

J Richard Hildebrand & Co  Accountants are sponsoring the charities The Royal British Legion and Movember.   The Royal British Legion provides care and support to ex-service personnel [...]

As I write these words, I have just heard that we are going to have a General Election on 12th December 2019.  I was listening to the Today Programme on Radio 4 in which someone from the CBI, and [...]

You would not normally expect an Accountant’s website to contain a ghost story. What follows below happened over 20 years ago when I was working with Rick Hildebrand. At the time, we had a client [...]

Not so long ago, one of my clients was trying to buy a flat and the sale fell through.  She then had to find temporary accommodation to rent for a few months whilst looking for somewhere else to [...]

From 5 April 2019, the minimum pension contributions will increase from 5% to 8%.  So far as we are aware, this will be the last increase in minimum pension contribution for the foreseeable [...]

All you wanted to know about online software but were afraid to ask. We are here to successfully help you through your growth so you can have a sunny future. We are always looking for ways to [...]

  I am taking a quick break from my series of postings on cars and companies for a word on overseas tax. We have a number of French speaking clients.  I have taken calls from a few of them [...]

  I get a lot of questions about the tax and accounting treatment of your car if you operating a Limited Company. Although in theory it ought to be simple, in practice there are probably [...]

  There has been quite a bit of comment and speculation over the role of the Auditors in the collapse of Carillion and indeed another recent corporate failures.  What follows below are my [...]

  The Banks have started offering free online software to their customers.  For example, Nat West (owned by The Royal Bank of Scotland) is offering its new customers Free Agent software for [...]

We are pleased to announce that Syed Hassan Raza and Elliot Ainley have passed their advanced Quick Books examinations. We are fully committed to staff training and professional development which [...]

Yuri Mancoca, our Accountant QBO Pro Adviser, is now a QuickBooks Online Advanced Certified ProAdvisor! To attain this level of QuickBooks Online knowledge marks him out as ‘the best of the [...]

In accordance with General Data Protection Regulations, we are setting out below our policy concerning personal data for your information:   PRIVACY POLICY All client data is kept strictly [...]

  WORKPLACE PENSION SCHEMES From April 2018, there are changes to workplace pension schemes which have to be put into effect to comply with the law. At present, employers and employees pay 1 [...]

We have recently found a useful source of business contacts from which you may benefit. It was suggested to us by the telephone engineer who put in our new telephones and intercom. It is called [...]

We are also delighted to announce that our staff member Deborah has now passed her advanced Quick Books examination and her Free Agent examination. Free Agent have confirmed that we may now call [...]

We are delighted to announce that, as of February 2018, we have achieved Free Agent Partner status. You may, if you’ve just started out in business, have been offered Free Agent software for free [...]

I was recently having a chat with one of our clients, and one matter that came up in the conversation is how unfortunate it is that we in Britain seem to take everything so very literally. For [...]

I am very concerned about what I see in the media about charities like Oxfam. I am not going to stop watching movies because of Harvey Weinstein. Similarly, I am not going to stop giving to [...]

  This blog is based on points from the Chancellor’s 2017 Budget.   • Next April, the annual personal allowance will be raised to £11,850.  A personal allowance is the amount of money [...]

This blog is based on points from the Chancellor’s 2017 Budget.   The Government will double the annual allowance for people investing in knowledge intensive Companies through the Enterprise [...]

This blog is based on points from the Chancellor’s 2017 Budget.   From April 2019 (once again, from more or less the day after we are scheduled to leave the EU) all non-resident individuals [...]

This blog is based on points from the Chancellor’s 2017 Budget.   The VAT registration threshold is £85,000 per annum and will be for the next two years.  Once again, the Government is [...]

This blog is based on points from the Chancellor’s 2017 Budget.   The Government have said that there will be no action on IR35 other than that which has already been taken, but they intend [...]

This blog is based on points from the Chancellor’s 2017 Budget.   Firstly, there is no mention in the Budget about “making tax digital”.  We must therefore assume unless told otherwise that [...]