Updates from us at Together Accounting, covering firm news and the tax and reporting changes that affect small businesses. Short, plain reads.
The United Kingdom government has recently announced changes to company car tax rates that will take effect from April 2025. These changes are intended to encourage the use of more environmentally friendly vehicles and to reduce the overall environmental impact…
Edited: 21.12.22 From April 2026, all sole traders, businesses and landlords with incomes greater than £10,000 per year must operate with the new rules of Making Tax Digital (MTD). The rollout of MTD is to streamline the tax service of…
In recent years there has been a buzz around cryptocurrency which has become impossible to ignore. From initially being regarded as a niche product and high risk, crypto has gradually edged its way onto centre stage and is increasingly now…
Following changes to the taxation rules around residential rental properties, a large proportion of landlords have found themselves paying significantly more income tax than they previously were. From 5th April 2020 landlords could no longer deduct finance costs (mortgage interest)…
Norwich, Norfolk An East-Anglian county with a rich history, Norfolk borders the counties of Lincolnshire, Cambridgeshire, and Suffolk. Norfolk hosts big-name companies like Aviva (previously Norwich Union), Colman’s, Bernard Matthews Farms, and Lotus Cars. The city of Norwich is the…
After months of to-ing and fro-ing, a Withdrawal Agreement was finally put in place and the UK departed from the EU on 1 January 2021 in the final stage of Brexit. While there are still some finer details which…