by Chris Barlow | Feb 20, 2023 | Latest, Tax
In November, when he shared his Autumn Statement with the nation, Jeremy Hunt announced a 9.7% increase to the National Living Wage (NLW) from 1st April 2023, as well as increases to National Minimum Wage (NMW). What seemed like a far-off change three months ago, is...
by EKWilliams Team | Feb 15, 2023 | Latest
By now, you’re probably no stranger to the phrase ‘cost-of-living crisis’, as it seems to have taken over from the pandemic’s position at the forefront of public interest. Coined in reference to a nationwide decrease of ‘real’ disposable incomes, the cost-of-living...
by Chris Barlow | Feb 2, 2023 | Latest
We’re now firmly in the last quarter of the 2022/23 financial year, which can only mean one thing… it’s time to make sure that you’ve used all of the tax allowances available to you! As your trusted accountant, we want to make sure that you don’t pay any more taxes...
by Chris Barlow | Jan 11, 2023 | Latest, Tax
From the 1st of February 2023, HMRC will stop sending receipt letters for VAT option to tax (OTT) notifications. They will, however, still send an automated email reply to OTT notifications sent via email. We recommend that you bear this in mind, and use email when...
by Chris Barlow | Jan 9, 2023 | Latest, Tax
In December, the Government pushed back their plans for Making Tax Digital for Income Tax Self Assessment – here’s what you need to know. It’s becoming increasingly difficult to ignore the fact that we’re living in a digital world. Whether you use Apple...
by Chris Barlow | Jan 4, 2023 | Latest, Tax
As we approach the Self Assessment deadline on the 31st of January, it’s becoming increasingly important for small businesses to receive outstanding payments from their customers and to chase any that are late. Back in December, Business Secretary, Grant Shapps,...
