Blog | Adrian Markey | Chartered Accountants

Business

Minimum wage increase on 1st April will cost employers almost £1,200 extra per employee

From the 1st April, the National Minimum Wage for employees aged 25 or over increases from £6.70 per hour (the current rate for all employees aged 21 or over) to £7.20[...]

Income Tax

Tax breaks for employees

.Over the past couple of years, you have no doubt seen companies advertising that they will reclaim tax for you if you had to pay for uniforms for work, or spent money tr[...]

Income Tax

Tax return submitted? Time to start planning for next year’s.

So another 31st January deadline has been and passed. Your tax return is filed and the whole subject of tax can be ignored for another year. Well, not quite. There are qu[...]

Business

The case for a Reduced Rate of VAT for Hospitality & Tourism

In the 41 years since VAT was introduced, it has gone from gone from raising £1.5bn per annum to over £100bn. In 1973, upon its introduction, it was set at 10% and now [...]

Business

How can we save the Cathedral & Creamery Quarters?

Since the onset of the recession, high streets across the country have struggled to keep tenants. From the loss of “the big guys” such as Woolworths, JJB Spor[...]

Income Tax

Changes to taxation of savings income can benefit owner-managed businesses

From the 6th April 2015, individuals deriving their income from interest on savings will notice a marked reduction in the amount of tax they are likely to suffer on this [...]

Tax

How do grants affect a company’s R&D Tax Credits claim?

Since the introduction of the R&D Tax Credits in to the UK Corporation Tax regime, there have been two strands to it – the Small and Medium-sized Enterprise (SM[...]