Richard Alecock (Mildenhall)

Born and bred in Mildenhall, Richard joined the firm in 1986 and has now completed over 30 years' service. He is a member of the Association of Taxation Technicians.

Richard is responsible for the management of the Mildenhall Office and was promoted on 1st April 2016 to an Associate of the Firm. He is a member of the firm’s farming and tax group. He also has a wealth of experience in dealing with sole trader, partnership and corporate businesses, encompassing personal tax and tax planning services. Richard is also a Committee member of Suffolk Chamber of Commerce Newmarket and District branch.

Away from the office, Richard has 5 children and is a Trustee Director of a local Academy School.

Specialisms

Agriculture

Road Haulage

General Practice

My Latest Blogs

Richard Alecock

5th April 2018 Top mistakes tax payers make when completing their tax returns.

Making mistakes on self assessment tax returns however innocent can lead to enquiries, investigations and additional tax, interest and penalties. Below are some of the top mistakes many people make: Forgetting to include income from a previous employment that ended part way through a tax year. Forgetting to include benefits from a previous employment…

Richard Alecock

23rd February 2018 Late Paid Income Tax 2016/17

A 5% penalty will be imposed for those who have not paid their 2016/17 Income Tax, Capital Gains Tax and Class 4 National Insurance Contributions by Friday 2nd March. The due date for payments was 31st January 2018, however the penalty can be avoided if a time to pay arrangement is agreed in advance.…

Richard Alecock

8th February 2018 Sage for VAT Returns: Beware changes to Government Gateway

Businesses that use Sage accounting software to complete and e-submit their VAT returns should be aware of a change to the Government Gateway on 14 February 2018. If you run an older version of this software (version 23 or below), it will no longer be compatible and hence VAT returns will not automatically e-submit…

Richard Alecock

4th January 2018 Directors’ responsibilities

Limited company directors and secretaries are collectively referred to as ‘officers’. Directors are appointed by members (shareholders and guarantors) to run and manage the day-to-day operations of the business. Secretaries are optional for private companies, but not public companies. They are usually appointed to assist directors with important administrative tasks. An Overview Company directors…

Richard Alecock

10th November 2017 Reminder for all companies ahead of MTD

The MTD machine is moving along and the starting date of April 2019 draws ever closer and closer. We have been working with our clients to ensure that those VAT registered (in particular) with a turnover over the VAT threshold are implementing any changes required sooner rather than later so that any teething problems can…

Richard Alecock

1st November 2017 HMRC no longer accepting credit card payments – January 2018

HMRC have advised that from 13 January 2018, they will no longer be accepting payments from personal credit cards. HMRC have accepted credit card payments from individuals, but from 13 January 2018, this method of payment will no longer be available. A change in EU law, prohibits merchants (including HMRC) from recharging credit card…

Richard Alecock

5th October 2017 Simple Assessment

HMRC have now implemented their ‘Simple Assessment’ project, where they use the information already available to them from employers, pension providers, the DWP and banks to calculate the tax for those with straightforward or ’Simple’ tax affairs, without the need for a tax return to be completed. In theory this sounds like an…

Richard Alecock

26th September 2017 Nearly half of eligible couples not claiming marriage tax allowance

Following last year’s report from HMRC showing that only a quarter of couples eligible for marriage tax allowance were actually claiming, figures have reduced but still stand at just over a half of couples missing out on the £230 a year they are entitled to. Although the government have tried to simplify the application…

Richard Alecock

12th September 2017 Childcare Services compensation

The government are offering compensation to those who have been affected by problems with the implementation of Tax-Free Childcare. Individuals who have been affected may be able to get a government top-up as a one-off payment for Tax-Free Childcare. The government will also consider refunding any reasonable costs directly caused by the service not…

Richard Alecock

7th September 2017 Further move towards dealing with HMRC electronically

HMRC have for some time been keen for taxpayers to make their tax payments electronically. They have recently updated their guidance to show that from 15 December 2017 it will no longer be possible for taxpayers to pay self-assessment tax, or in fact any other type of tax, directly at the Post Office. This…

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Richard Alecock (Mildenhall)

Specialisms