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We like to keep ahead of the curve wherever we can – whether that’s technological advances, legislation, or just what’s happening in accounting. Then share it all as free advice on our blog page.

View Unbound London Accountants | Europe’s Largest Innovation Festival

Unbound London Accountants | Europe’s Largest Innovation Festival

The Bracey Bunch are hitting the road this month as we attend Unbound London, an exhibition aimed at creating partnerships and new opportunities with brands, corporate executives and investors. Featuring more than 5,000 entrepreneurs, investors, CEOs and brands, the two-day event will include talks from industry leaders, workshops and stands for attendees to visit while…

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View Don’t Fall For Fake “Taxman” Emails

Don’t Fall For Fake “Taxman” Emails

Have you been a victim of fake taxman emails? New figures show that HM Revenue and Customs (HMRC) requested a record 20,750 malicious sites to be taken down in the past 12 months. This represents an increase of 29% on the previous year. Despite a record number of malicious sites being removed, HMRC is warning…

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View Tax Changes You Need To Know

Tax Changes You Need To Know

In this article we’re looking at tax changes because last week the Treasury issued draft clauses for the forthcoming Finance Bill (to be published after the Autumn Budget later this year). These will set the scene for tax matters 2019-20 and beyond. The aim of the advance notice is to give interested parties a chance…

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View Edinburgh Accountant | Director Spotlight

Edinburgh Accountant | Director Spotlight

Those of you who have had the pleasure of working with our Edinburgh accountant Kirsty will know that she has recently headed across the border to replicate her success from our Hitchin office to the cobbled streets and bag-piped delights of Edinburgh. Bracey’s Edinburgh Accountant So, we wanted to speak to Kirsty, Bracey’s Edinburgh Director,…

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View Unmarried Couples To Qualify For Spousal Tax Breaks?

Unmarried Couples To Qualify For Spousal Tax Breaks?

In a landmark decision, the Supreme Court has ruled that discriminating on the basis of sexual orientation, or a decision to live together rather than marry, is a breach of human rights. Presently, couples need to be in a formal civil partnership or married to be able to claim the raft of tax benefits available….

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View Why Don’t They Join Up The Dots?

Why Don’t They Join Up The Dots?

According to HMRC, around three million couples across the UK have boosted their finances by claiming the Marriage Allowance, but more than a million married and civil partnered couples are still eligible for the free tax break worth up to £238 a year. Thanks to the start of the new tax year couples can backdate…

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View Are You Paying 60% Income Tax?

Are You Paying 60% Income Tax?

When your income exceeds £100,000 for income tax purposes your entitlement to a personal allowance (£11,850 for 2018-19) is reduced by £1 for every £2 that your income exceeds this threshold. Qualifying For A Personal Allowance Which means, at the 60% income tax level, when your income reaches £123,700, you no longer qualify for a…

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View Pimlico Plumbers | What Now For The Gig Economy?

Pimlico Plumbers | What Now For The Gig Economy?

The Supreme Court has ruled in favour of Gary Smith, a self-employed contractor with Pimlico Plumbers, who considered he was due worker’s rights and has now had his assertion rubber stamped by the highest court in the land. There are no win-win outcomes following this case, in fact the status of all sides in the…

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View Tax Talk | When Is A Car A Van?

Tax Talk | When Is A Car A Van?

There are advantages for tax purposes if the vehicle you buy for your business is considered to be a van as opposed to a car. Claiming back VAT from purchase If you are VAT registered, you can claim back the VAT added to the purchase price (as long as there is no private use in…

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