We are proud to be sponsoring Huish & Langport Cricket Club in 2019
As a company we are always looking to support the local community and we are proud to be sponsoring Huish & Langport Cricket Club in 2019. Fingers crossed for a dry, sunny summer and good luck to all at the club for next season. It is important for communities to continue to maintain its sports […]
H M Revenue & Customs changes its policy on deposits from 1st March 2019
H M Revenue & Customs recent business brief has indicated a change in policy with regards to the accounting of VAT on customer deposits, from 1st March 2019, where a customer deposit is retained but goods or services weren’t provided or performed, for example an order is cancelled before the service or goods are supplied. […]
Changes to VAT recording of CIS sub-contractors
*UPDATE* On 6 September 2019 H M Revenue & Customs have released a brief confirming the introduction of the Construction VAT reverse charge would be delayed until 1 October 2020. The change has been implemented as H M Revenue & Customs explain “Industry representatives have raised concerns that some businesses in the construction sector are not ready […]
Increases in the National Living Wage and National Minimum Wage rates for April 2019
The following rates are for the National Living Wage and the National Minimum Wage. The rates are updated every April: April 2018 (current rate) April 2019 (new rate) Information on who is entitled to the minimum wage can be found here. If you need any help preparing you payroll, please contact us.
Minimum pension contributions are increasing on 6th April 2019
As part of auto enrolment legislation, the minimum contributions for qualifying schemes are increasing on 6th April 2019. Currently the minimum employer contribution is 2% and employee contribution is 3%, a total minimum contribution of 5%From 6th April 2019 theminimum employer contribution will be 3% and employee contribution will be 5%, a total minimum contribution […]
What is Making Tax Digital and how does it affect me?
Making Tax Digital What is Making Tax Digital for VAT? Making Tax Digital (MTD) for VAT is the latest regulation introduced by H M Revenue & Customs to make it easier for businesses to get their taxes right and to manage their affairs. H M Revenue & Customs have ambitions of becoming one of the […]
What action should UK businesses be taking in the event of the UK leaving the EU without a deal?
With no deal currently agreed and time running out the possibility of the UK leaving the EU with no deal agreed is becoming more of a reality. However you feel about the situation businesses should be prepared and informed to ensure trade can continue in these very uncertain times. H M Revenue & Customs have […]
Company incorporation service from £50
R & J Business Solutions provide a bespoke limited company incorporation service from £50.00 plus VAT. If you are considering incorporating your current business or if you are a start up looking to trade as a limited company, contact us today. We will help you to incorporate your business to your exact specifications. As part of the […]
How do you know you can trust your accountant?
Do you trust us? Why should you trust us? At R & J Business Solutions we say don’t just take our word for it! Obviously we would love for you to trust in us and we take pride in the work we do and would hope that in time we can earn your trust by […]
Excuses that just won’t be accepted by H M Revenue & Customs
The deadline for Self Assessment Tax Returns is 31 January 2019 to avoid an automatic penalty. Each year H M Revenue & Customs receive a number of unbelievable and bizarre excuses so we thought we would share some of them with you (and please don’t try them yourself, they won’t work!). Some of the most […]