Latest blogs for Blogs

20th July 2017 Are you VAT registered? – latest MTD announcement

The recent announcement that HMRC have delayed the implementation of Making Tax Digital (MTD) for income tax until at least April 2020 has been met with relief by many taxpayers and accountants. It has however drawn attention to the fact that one particular group’s MTD journey has remained firmly fixed at April 2019. Those businesses,…

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18th July 2017 Semi-final success for Whitings in charity tournament

                      After a successful Netball Tournament hosted by RSM earlier in the year to raise money for the GeeWizz charity, the Whiting & Partners staff decided to take part in the next sporting event in the RSM calendar – the annual rounders tournament. The event…

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18th July 2017 Why a start up business should complete a business plan

A business plan is a written document that describes your business. By committing your thoughts to paper, you can understand your business better and also map specific courses of action that need to be taken to improve your business.   It covers objectives, strategies, sales, marketing and financial forecasts.   A business plan can help…

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12th July 2017 Deadline upcoming for Fenland Business Awards

The deadline for entries for the Fenland Business Awards is quickly approaching. Whiting & Partners are delighted to be sponsoring the ‘Business of the Year’ Award – celebrating local business excellence and innovation. The awards are an excellent way to build your businesses profile and pay tribute to your business success. Entries are free and…

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12th July 2017 Auto Enrolment Duties from October 2017

New employers after 1 October 2017 will not have a staging date. If you become an employer for the first time on or after 1 October 2017, you will immediately have legal duties with regards to Auto Enrolment. These duties apply from the first day the first member of staff starts working for you. This is…

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11th July 2017 Another tax problem for Trustees

It has been confirmed that, in certain circumstances where a Discretionary Trust has incurred Trust Management Expenses, the online filing of the 2017 Trust Tax Return will understate the tax on dividend income brought into the ‘tax pool’. This in turn will overstate tax payable by the Trustees when distributions are made to beneficiaries. To…

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11th July 2017 Xero – Peace of mind with security

A potential worry to some businesses when contemplating cloud based accountancy software is how secure their information is. Today I am looking at the security measures Xero has put in place to give businesses peace of mind and protection. Xero implement a wide range of procedures to make sure your information is safe. Controlled Access…

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11th July 2017 ICO warning as business fined £60,000 following cyber attack

The Information Commissioner’s Office (ICO) is warning SMEs to take care or face a fine. The warning comes after a company which suffered a cyber attack was fined £60,000. The investigation by the ICO found Boomerang Video Ltd based in Berkshire failed to take basic steps to stop its website being attacked. Sally Anne Poole,…

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11th July 2017 Latest guidance for employers

HMRC have issued the latest version of the Employer Bulletin. This edition has articles on a number of issues including: P11D and P11D(b) filing and payment deadlines Paying the right amount of tax through PAYE Construction industry scheme repayment claims for limited companies The Apprenticeship Levy and funding of apprenticeship training Tax-free childcare rollout including…

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11th July 2017 Holiday entitlement

Now is the time of year when many of us turn our thoughts to holidays and it is important to get holiday entitlement and holiday pay right. The June 2017 acas newsletter includes links to useful guidance on calculating holiday and holiday pay entitlements as well as guidance on hot weather working. The GOV.UK website…

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