Latest Accounting & Financial News

When is your business’s first Making Tax Digital submission due? We outline the dates your business needs to know whether you file your VAT returns monthly, quarterly or annually.

This month, the State Pension age is increasing as part of the gradual rises outlined in the Pensions Act 2011, and there are changes to pension benefit rules too. Here are all the updates to be aware of this month.

The new financial year introduces a series of updates to personal and business tax thresholds. There are also changes to pensions and savings that will be coming into effect from April 2019 to be aware of. However, some allowances will be staying the same in the new tax year. Here’s how these tax allowances will affect you in 2019/20.

With TBL Accountants’ fiscal calendar 2019/20, all your important tax dates and deadlines are in one place. Our UK tax calendar is designed to help businesses of all sizes across Essex prosper and be in control of their finances. The major HMRC, PAYE and tax deadlines for 2019/20 are listed here.

On 13 March 2019, in the shadow of the ongoing Brexit negotiations, Philip Hammond, the Chancellor of the Exchequer, presented the Spring Statement in the House of Commons. Read our briefing here.

Making Tax Digital (MTD) is starting on 1 April 2019, so we have outlined our tips to help make the Digital Tax sign up process as efficient as possible – providing a step-by-step guide so your business is ready for the new initiative.

The Chancellor of the Exchequer has announced that he will present this year’s Spring Statement on Wednesday 13 March 2019, crucially just two and a half weeks before Brexit is due to take place. We consider what to expect from Philip Hammond’s response to the Office for Budget Responsibility’s (OBR) forecasts next month.

We are proud to announce our membership to the UK200Group, a quality assured membership association of independent accountants and lawyers throughout the United Kingdom. Find out more here.

TBL Accountants supports Talk Money Week, an annual event running between 12 – 18 November that highlights the importance of discussing financial matters across the UK. Formerly known as Financial Capability Week, this marks an annual celebration of organisations across the UK that are looking to improve money management for everyone.

Yesterday marked the highly anticipated Autumn Budget, a large fiscal event in which the Chancellor Philip Hammond announced the government’s plans for tax and spending for the financial year, which starts in April 2019. With announcements for the economy, taxes, public finances, and changes that could impact your business in the year ahead, read on for all the key updates from the 2018 Autumn Budget.