Author: Sarah Shannon

MTD for income tax postponed to 2024/25

Having listened to stakeholder feedback from businesses and the accounting profession, the government have announced that they will introduce Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) a year later than planned, in the tax year beginning in April […]

work from anywhere policies

The pandemic proved that many of us could do our jobs from literally anywhere. So how should a business manage this? These days we hear more and more about “digital nomads”. These are people who have embraced technology in a […]

notify option to tax land and buildings within 30 days

If you are notifying HMRC of a decision to opt to tax land and buildings, you are normally required to notify HMRC within 30 days. The 30 day deadline was temporarily extended to 90 days to help businesses and agents […]

accounting for import vat on your vat return

HMRC have recently updated their guidance on accounting for VAT on goods imported from outside the UK which, since Brexit, includes the European Union. Businesses registered for VAT in the UK can account for import VAT on their VAT Return […]

5% rate on tourism and hospitality ends 30 September

The temporary 5% VAT rate that has applied to supplies made in the tourism and hospitality sector since the start of the pandemic comes to an end at the end of September. The rate then increases to 12.5% from 1 […]

big tax bills for the self-employed in 2022/23

Last month we mentioned that draft legislation has been published to change the basis periods for the assessment of self-employe profits to coincide with the tax year. The proposed new rules provide that from 2023/24 onwards profits or losses will […]

SEPTEMBER IS THE LAST MONTH FOR CJRS “FURLOUGH” GRANTS

The Government are pulling the plug on support to employers for furloughed staff at the end of September as they anticipate that the economy will be back to normal by October. The grant claims for employees furloughed in the month […]

more information on CJRS claim for wages

Information about changes from 1 July 2021 has been added and claims for furlough days in June 2021 must be made by 14 July 2021. The Coronavirus Job Retention Scheme has been extended until 30 September 2021. From 1 July […]

We’re recruiting for a trainee accountant

We’re delighted to announce we’re recruiting a trainee accountant to work with both our accounts and tax departments in the preparation and submission of limited company Annual Accounts. You will be responsible for day-to-day administration and processing of accounts, managing […]

careers with ammu

careers with ammu

Are you looking to develop and advance your skills and believe you have the potential to influence the success of our business and our clients? We have several roles we’re currently recruiting for including: Trainee Accountant we’re recruiting a trainee […]

We’re recruiting for a Tax Associate

We are delighted to announce we are recruiting for a Tax Associate to join our dynamic team at ammu. ammu, is a team of Chartered Accountants and Chartered Management Accountants with a unique perspective on business. If you are a […]

Spring 2021 Budget Update

Following on from the UK Government’s Spring Budget on 3 March we have summarised the information you need. We’ve listed the budget highlights below and added further details on personal and business taxation plus additional business and funding support that […]

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