The case for Making Tax Digital

Making Tax digital
Nov
5
Posted 2016 by Chris Davies

You may have heard us talk a lot about Making Tax Digital (MTD) recently. But why is the Government so keen to press ahead with this project? After all, millions of taxpayers file their tax… Read More

Director’s loans

Chris Davies Ross Brooke Newbury Accountant
Nov
2
Posted 2016 by Chris Davies

I am often asked by clients what the implications are for borrowings from the company by directors or more accurately “Participators”. The first issue is the benefit in kind of receiving a cheap loan. If… Read More

Supporting local Charities

Newbury Lions Charity Fireworks
Oct
21
Posted 2016 by Chris Davies

Last week, one of our staff Jenny Bowden, met Judith Colby from the Lions Club of Newbury Charity Fireworks who explained that thousands of Newbury locals responded with disappointment when they learnt earlier this year… Read More

Tax Credits Warning

tax credits renewal form
Jul
14
Posted 2016 by Chris Davies

We are constantly reminding our clients to be vigilant about scam or “phishing” emails promising money back, particularly at this time of year, just ahead of the 31 July Tax Credits renewal deadline. If a… Read More

Jake’s Top 10 Xero Tips

Jun
17
Posted 2016 by Chris Davies

We have been using Xero for a number of years now and have acquired a great deal of hands on experience. Here Jake explains some of the key ways that you can maximise the productivity… Read More

HMRC gets bloody nose

Jun
10
Posted 2016 by Chris Davies

All too often HMRC will point to a minor point of law, which seems to fly in the face of common sense, in order to penalise the poor taxpayer. Consequently, it was with a wry… Read More