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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 Unbelievable Excuses And Dubious Expenses

Unbelievable Excuses And Dubious Expenses

HMRC seem to be working on their people skills, either that or they have decided to soften their hard sales approach to tax compliance by injecting a little humour. Last week they published the following responses they had received for late payment of tax and claims for expenses that failed. Excuses for not paying tax…

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View Meet Emma Fraser | Hitchin Practice

Meet Emma Fraser | Hitchin Practice

At Bracey’s, we pride ourselves on staying ahead of what our clients are likely to need in the future, and as our offices have grown, so have our clients. That’s why, earlier this year, we welcomed Audit Director Emma Fraser to our Hitchin Practice. Whether an audit is required or not, they can provide exceptional…

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View Brexit: No Deal or No Change?

Brexit: No Deal or No Change?

Are we heading for a no deal, a no change or some form of compromised Brexit? The days of free access to the EU for the exchange of goods are likely to be numbered due to the UK’s exit on 29th March 2019. Unless abandoned completely, one of the outcomes highlighted above will soon become…

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View How Do We Prepare For Brexit When So Much Is Undecided?

How Do We Prepare For Brexit When So Much Is Undecided?

It is hardly surprising that to prepare for Brexit is fast becoming as big a turnoff as a tax. How on earth are we supposed to react or adapt to such far-reaching changes when the exact details of our exit are still undecided just a few weeks before the March 2019 deadline? Businesses that buy…

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View Why Does The UK Tax Year End 5th April?

Why Does The UK Tax Year End 5th April?

A bit of history this week, but with a practical outcome for 5th April 2019. Ancient Beginnings Up to 1582, Europe used the Julian calendar introduced by the Romans in 45BC. Unfortunately, the Julian calendar differed from the solar calendar by 11 ½ minutes; after 500 years this small difference meant that the Julian calendar…

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View Tax Positions | Join Our Growing Team

Tax Positions | Join Our Growing Team

We are looking for a Tax Semi Senior to join our Hitchin office. Bracey’s Accountants is an innovative firm with an exciting range of clients in numerous sectors across the UK.  Formed in 2010, the firm has gone from strength-to-strength in delivering a wide range of specialist and compliance services. Working at Bracey’s Everyone is…

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View Have You Received Your Tax Statement?

Have You Received Your Tax Statement?

HMRC normally send out a tax statement this time of the year to all self-assessment taxpayers that have submitted a tax return for 2017-18. As we reported last week, this will list any balance of tax due for 2017-18. And, the amount of any payment on account required for 2018-19 (if any is due). Both…

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View Travelling To The EU After Brexit

Travelling To The EU After Brexit

The following guidance on travelling to the EU after Brexit was published on the GOV.UK website 20 December 2018. Much of the guidance has been updated on the basis of a no-deal Brexit. UK citizens planning a trip to the EU and EEA before 29 March 2019 are not affected by Brexit changes. Flying To…

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View Proposals For Consumer Protections When Companies Collapse

Proposals For Consumer Protections When Companies Collapse

New laws to protect consumers who have already paid for products but not received them when businesses go bust will be considered by the government, it was announced Thursday 27 December 2018. Proposed measures will include guaranteeing consumer schemes like Christmas savings clubs can safeguard customers’ money. Reforms are part of the government’s modern Industrial…

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