RDP_Newmans

#Harrow #accountants providing tailored, proactive & forward-thinking accounting, audit & tax services.

[RDP_Newmans @RDP_Newmans]

PAYE Settlement Agreements (PSAs) can be a good option for employers who offer occasional rewards to their employees.

The last day to apply for the 2025/2026 tax year is 5 July, so don’t delay!

If you need payroll advice, contact our team.

#PSAs #HMRC

[RDP_Newmans @RDP_Newmans]

Small companies will need to publish profit and loss (P&L) accounts.

There is a privacy opt-out available, but these changes are still substantial.

Read more: https://t.co/2zdz0qe0Cr

#SME #Accounting

[RDP_Newmans @RDP_Newmans]

Users of TikTok have been warned to never share tax information online after HMRC uncovered a suspected £153 million scam on the platform.

Do you know what the signs of an online scam are?

Read more: https://t.co/4e4Br8m7S0

#TikTok #Scam

[RDP_Newmans @RDP_Newmans]

Over 1 million young people are out of work.

Could new Government plans help them and your business?

Read more: https://t.co/bEpyiIZhH4

#Accounting #Employment

[RDP_Newmans @RDP_Newmans]

For sole traders and the self-employed with gross annual income of £50,000 or more, 7 August marks the deadline for the first Making Tax Digital for Income Tax submission.

Are you ready? Speak to our team if you aren’t prepared.

#Tax #MTD #Harrow

[RDP_Newmans @RDP_Newmans]

HMRC has decided to up mileage rates to 55p per mile for personally owned vans or cars used for business for the first 10,000 miles.

This is the first time mileage rates have been increased since 2011.

#UKAccountancy #MileageRates #Harrow

[RDP_Newmans @RDP_Newmans]

Ready to pedal? Next week it is National Bike Week, but did you know there is a tax efficient way to get your employees in the saddle?

Read our latest blog on the Cycle to Work scheme: https://t.co/tN6ZJNfgRv

#NationalBikeWeek

[RDP_Newmans @RDP_Newmans]

The Treasury has said the claimed 22 per cent ISA tax rumour is ‘nonsense’.

So, what is the truth?

Read our blog: https://t.co/EvH9p6Rip6

#ISA #UKtax

[RDP_Newmans @RDP_Newmans]

65 per cent of MTD affected people have still not registered.

Now more than a month overdue, what is the risk of leaving it so late?

Read more: https://t.co/jO4XYdFZiL

#Accounting #MakingTaxDigital

[RDP_Newmans @RDP_Newmans]

83 per cent of SMEs remain confident that their revenues will rise 10 per cent over the next year despite ongoing concerns about late payments and cashflow issues.

This follows a crackdown on late payments.

#SME #Accountancy #EssexBusiness

[RDP_Newmans @RDP_Newmans]

It’s time for HMRC to update the Advisory Fuel Rates for company car usage.

These changes will come into effect on 1 June.

Contact us today for assistance with your payroll and benefits.

#ARF #CompanyCar

[RDP_Newmans @RDP_Newmans]

A temporary VAT cut for the school holidays sounds great!

The Great British Summer Savings Scheme is full of small print and arrives during the one period when many leisure businesses least need a demand boost.

Read our blog to find out more: https://t.co/4bTn7ivWzY

#VAT

[RDP_Newmans @RDP_Newmans]

Side hustle summer pending.

Don’t let your summer side hustle leave you owing HMRC an unexpected tax bill.

Read more: https://t.co/FSRBPr5xpP

#Accountancy #SideHustle

[RDP_Newmans @RDP_Newmans]

65 per cent of MTD affected people have still not registered.

Now more than a month overdue, what is the risk of leaving it so late?

Read more: https://t.co/L4gsY4bSbT

#Accounting #MakingTaxDigital

[RDP_Newmans @RDP_Newmans]

Relief for businesses at last!

The Government has confirmed it will extend the 5p fuel duty cut until the end of 2026.

Need help understanding the benefit for your business? Speak to our team.

#FuelDuty #CostCrisis #Harrow

[RDP_Newmans @RDP_Newmans]

Economic growth and falling inflation have come as a surprise counter to analysts’ expectations.

How will this affect the future of UK businesses?

Read more here: https://t.co/FkTPWgcqmY

#Accounting #Inflation #Growth

[RDP_Newmans @RDP_Newmans]

Who can you trust for tax advice?

HMRC has rolled out a new registration requirement for tax advisers who are paid to interact with HMRC on behalf of clients aiming to change the way that tax advice is given.

Read more: https://t.co/3dMHgY4hXc

#TaxAdvice #Accountancy

[RDP_Newmans @RDP_Newmans]

Is your business set for the summer?

Recent changes to employment rights and payroll obligations may affect how you handle seasonal work.

Read more: https://t.co/G4dLrIIMNm

#Accounting #SeasonalWorkers

[RDP_Newmans @RDP_Newmans]

The UK Government has proposed new legislation to tackle late payments.

These plans include proposals to fine large businesses that fail to make their payments in 60 days.

The Government hopes this will support SMEs.

#latepayments #Harrow

[RDP_Newmans @RDP_Newmans]

Cyber-attacks, rising costs and legal and regulatory pressures are all adding additional stress to the lives of business owners, according Hiscox's latest study.

If you are feeling the strain of running a business, find out how our team can help.

#MentalHealth #SMEs #Harrow