What we think


Budget 2017 highlights

The main points announced and confirmed today were: Individuals Personal allowance confirmed to increase to £11,500 from April 2017 and £12,500 by 2020 Higher rate threshold to increase to £45,000 from April 2017 and £50,000 by 2020 Class 2 will still be abolished from April 2018 Class 4 national insurance on self-employed will increase to… Read more


Sheppys Cider and Albert Goodman

Sheppys Cider have been craftsman cidermakers for over 200 years. Always living in Somerset, the Sheppy family still continues the ancient combination of farming with cider-making. Farming 370 acres at Three Bridges Farm since 1917, three generations of the Sheppy family have weathered the ups and downs of farming and cidermaking by embracing change and… Read more


SILLY TAXPAYER EXCUSES FROM HMRC

HMRC have released some of the more unusual excuses from taxpayers who failed to complete their self-assessment tax return on time. We hope you enjoy this list of silly taxpayer excuses! These include: 1. ‘My tax return was on my yacht…which caught fire’ 2. ‘A wasp in my car caused me to have an accident… Read more


Making Tax Digital Software – What’s the Situation?

Following the release of HMRC’s response to the MTD consultation documents last week, more information is now coming through regarding the practicalities of the making tax digital software requirements. One of the most significant concerns that came through from the consultation and the Treasury Committee is the timescale over which the program will be implemented…. Read more


FRS 102 for Farmers

Not just accountants technical jargon but impacting your accounts One of the most substantial changes to accounting standards in a generation is now in force with the introduction of the key new standards FRS 102, FRS 102.1A for small entities and FRS 105 for micro entities. Whilst this might sound like technical jargon that you… Read more