TAX BRIEFING - BUDGET 2021

moynansmith-accountants-carlisle-cumbria
Download PDF File Here
0
  1650 Hits
  0 Comments
1650 Hits
0 Comments

Budget 2021

Budget 2021 – Key Points
The Chancellor delivered his budget speech, outlining the cost of the support that had already been provided due to the Covid-19 pandemic, the support that will continue, how they plan to start repaying the unprecedented borrowing and how they plan t...
Continue reading
0
  1613 Hits
  0 Comments
1613 Hits
0 Comments

Furlough Claims………Be Prepared!

furlough-scheme-checks
The government have estimated that around 10% of furlough claims are potentially incorrect (and in some cases, fraudulent). As a result, they have decided to invest a substantial amount of money to see how much of these incorrect claims can be reclai...
Continue reading
0
  2279 Hits
  0 Comments
2279 Hits
0 Comments

Budget 2021 – Key Points

Budget 2021 – Key Points
The Chancellor today delivered his latest budget speech, outlining a three-part plan: 1.To continue to support those affected by Covid-19. 2.Begin fixing the public finances as a result of the unprecedented level of borrowing due to the Covi-19 suppo...
Continue reading
0
  1907 Hits
  0 Comments
1907 Hits
0 Comments

VAT Domestic Reverse Charge (DRC) – What is it?

VAT Domestic Reverse Charge
From 1 March 2021, if services and supplies fall within the DRC, subcontractors will not charge VAT to other building and construction industry businesses. Instead, contractors will account for the VAT due directly to HMRC on the VAT return. Example:...
Continue reading
0
  6348 Hits
  0 Comments
6348 Hits
0 Comments

Tax Briefing December 2020

moynan-smith-december-newsletter-2020
Download PDF File Here
0
  1852 Hits
  0 Comments
1852 Hits
0 Comments

Chris joins the MoynanSmith team

Chris joins the MoynanSmith team Chris joins the MoynanSmith team
Chris Dixon has joined us as Accounts Department Manager to help look after our clients' financial needs. For Chris it's a case of re-joining familiar faces after previously working with Darren and Jamie in another regional accountancy firm. Chris, w...
Continue reading
0
  1793 Hits
  0 Comments
1793 Hits
0 Comments

MoynanSmith is Hiring an Accountant / Accounts Assistant

accountant-job-carlisle
Due to rapid expansion, we are looking for an experienced Accountant / Accounts Assistant to join our busy and dynamic team. Candidates must have experience in practice. The role: Preparing accounts for a variety of businesses, including limited comp...
Continue reading
0
  2447 Hits
  0 Comments
2447 Hits
0 Comments

Tips and Advice – Pre-Tax Year End

year-end-tax-advice
Transfer income producing assets to spouse / civil partner You are able to transfer assets such as property or investments to your spouse / civil partner provided it is an outright gift with no conditions attached. If you are a higher rate tax payer,...
Continue reading
0
  1189 Hits
  0 Comments
1189 Hits
0 Comments

MoynanSmith on Same Bill as Bank of England at Seminar

carlisle_business_seminar_moynan_smith_business_doctors_bank_of_england
The Carlisle Business Seminar, held at the Crown and Mitre Hotel, was organised and hosted by Peter Fleming of Business Doctors Cumbria and MoynanSmith's very own Darren Moynan. Darren was also one of the featured speakers. He updated attendees with ...
Continue reading
0
  968 Hits
  0 Comments
968 Hits
0 Comments

New Tax Year Resolutions – Tax Tips

new-year-tax-resolutions
Many people wait until the end of the tax year to review potential tax planning. However, at MoynanSmith we firmly believe in being proactive. Now is the time for individuals to start planning for the current tax year, so here are a few tips: Utilise...
Continue reading
0
  1203 Hits
  0 Comments
1203 Hits
0 Comments

Two New Recruits Join MoynanSmith

moynansmith_new_staff
MoynanSmith Chartered Accountants has signed up the duo after another year of growth and says it is already planning to recruit more staff to join the team at its Kingstown offices. Stacey Donnelly, 34, from Carlisle, joins the team as accounts and p...
Continue reading
0
  1442 Hits
  0 Comments
1442 Hits
0 Comments

Is Making Tax Digital on Hold?

making_tax_digital_what_is_it_cover
What is Making Tax Digital all about? First announced in 2015 as part of the March Budget by then-Chancellor, George Osborne, Making Tax Digital (MTD) is an initiative designed to modernise the way tax is recorded in the UK. MTD will see businesses u...
Continue reading
0
  1221 Hits
  0 Comments
1221 Hits
0 Comments

Autumn Budget 2018 - How it affects you

autumn_budget_2018_philip_hammond
The Chancellor kicked off his Budget speech with a promise of a "budget for Britain's future". After downgrading growth forecasts in his previous Budget, the chancellor has now revised the growth forecast back up. In 2020 he expects growth to be 1.4%...
Continue reading
0
  881 Hits
  0 Comments
881 Hits
0 Comments

MoynanSmith Achieves Making Tax Digital ProAdvisor Status

mtd-ready-advisor_facebook
With the government's Making Tax Digital initiative set to come into effect in April 2019, MoynanSmith are taking every step possible to ensure they are properly equipped to help you deal with the transition. The most recent bit of preparation we hav...
Continue reading
0
  1013 Hits
  0 Comments
1013 Hits
0 Comments