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View Top Three VAT Problems

Top Three VAT Problems

VAT – those three letters can strike fear into even the most hardened business owner. We all kind of know what it entails and yet so many can still end up falling foul of the taxman. Nobody wants that. Bracey’s VAT Director Michele Harris knows the pitfalls and has identified the three most common problems….

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View What Will The March 11 Budget Mean For Us?

What Will The March 11 Budget Mean For Us?

Budget 2020 confirmed to be taking place on the 11th March 2020. The General Election is a thing of the past. Brexit is all set for January 31, so the next big thing to think about is the Budget. Normally, we would have had an Autumn Budget but with the build-up to the election, it…

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View Is The Flat Rate Scheme Right For You?

Is The Flat Rate Scheme Right For You?

Any business owner knows VAT can be a bit challenging – which is why it is so helpful to be able make use of the Flat Rate Scheme (FRS). But while it does simplify the calculation of VAT returns, there are certain circumstances when you may no longer use the FRS. What Is Your Turnover?…

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View Staff Spotlight: Meet Anna Fursland

Staff Spotlight: Meet Anna Fursland

Anna Fursland started at Bracey’s Accountants on a six-week work experience placement after leaving school, and eight years later she is still proudly part of the Bracey Bunch. Let’s find out more about the Stevenage-based client manager… Why Accountancy? I was a school leaver and needed to start a career. I have always enjoyed working…

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View Minimum Wage Rates Increase From April 2020

Minimum Wage Rates Increase From April 2020

Businesses that have a significant number of staff paid at Minimum Wage or National Living Wage rates should take note that from April 2020 the rates are increasing. In more detail the changes announced 31 December 2019 are: Annual pay rise of up to £930 for a full time worker. National Living Wage (NLW) increasing…

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View HMRC’s Top Criminal Cases Of 2019

HMRC’s Top Criminal Cases Of 2019

Not all penalties levied by HMRC are civil, many cases are serious enough to warrant a criminal investigation. The first post in the “money” section of the gov.uk website in 2020 reflects on this. The title of the post is a giveaway: “Busted! HMRC reveals biggest criminal cases of year 2019” In what could be…

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View High Street Rejuvenation Funding Announced

High Street Rejuvenation Funding Announced

The first 101 places to benefit from up to £25 million each from the Future High Streets Fund were announced over summer. In the latest step of the £3.6 billion investment in towns and high streets, 20 pilot areas across England will lead the way in rejuvenating town centres with expert and tailored support from…

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View End Of 2019 | Still Time To File Tax Returns

End Of 2019 | Still Time To File Tax Returns

The deadline to file your 2018-19 tax return to HMRC is fast approaching. Most of our clients will have the reassurance that we have filed their returns online. But, for those who still need to file their 2019 return, it’s time to get into action. If you file after 31 January 2020 late filing penalties…

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View An End To Brexit Uncertainty

An End To Brexit Uncertainty

The UK can finally breathe and celebrate an end to Brexit uncertainty. Whatever your political motivation, most of us will be relieved that last week’s election has created a government with a working majority. At last, there is a light at the end of the uncertainty tunnel. End To Brexit Uncertainty If you have any…

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