Updates About the Accounting Industry and Local Events

Recent Posts

Well done to Beth for raising £3k

By Dinah Jones | November 25, 2023

The Make-a-Wish Foundation has benefited from Beth Leak’s amazing skydive from 15 thousand feet. This will enable 3 families to visit Lapland at Christmas. A special thanks go to The Griffin Head at Gildersome for hosting a fundraising night and The Whingate at Armley for their support. The video below

UK 2022 Mini Budget

By Dinah Jones | November 24, 2022

Autumn Budget 2022   Minimum Wage to increase to  £10.47 per hour from April 2023 The energy price guarantee will last until 2024 Benefits and State pension to increase by 10.1% plus a cost of living allowance Stamp duty increases have been delayed Tax threshold to freeze until 2028 except (pass the next election so…

UK 2022 Mini Budget

By DianeMarie2000 | September 26, 2022

Tax-cutting promises upheld in mini-Budget The rumours ahead of the mini-Budget were all about tax-cutting measures, and the new Chancellor didn’t disappoint. What key changes were announced? National Insurance The 1.25% rise in NI rates that have applied since April 2022 will be axed from 6 November. The rates will then be: Employees’ Class 1…

Reduce your paperwork

By Dinah Jones | July 24, 2022

During the recent heatwave have you thought about reducing the amount of paperwork you do?   As proactive accountants, Jones (J27) Accountants offers FREE interactive software to do the paperwork for you Interactive feed to your bank Interactive feed to your suppliers Interactive feed to your customers Freeing up your time.  More information  Video Try…

Do I Need a Business Bank Account?

By Dinah Jones | March 15, 2022

If you’re running a business in any form – as a limited company or sole trader, you have to consider the finances and legalities surrounding your business. In handling this, one of the many common factors is questioning the need for a business bank account. We’ll discuss all you need to know about business bank…

Guide To Paying Tax On Dividends

By Dinah Jones | January 17, 2022

Dividends are a way for companies to repay their shareholders financially. Under the existing tax legislation, certain dividends may be taxed at a lower rate than other dividends. You may be able to pay less income tax on certain dividends due to this. in this article, we will walk you through all you need to…

Ltd Company Vs Sole Trader

By Dinah Jones | January 12, 2022

As soon as you decide to establish a business, you will need to determine whether or not to form a new limited company or go it alone. Self-employment might take the form of a single proprietorship or a partnership, depending on your preference. Many new businesses begin as sole traders and subsequently transition to limited…

National Minimum and National Living Wage Increases

By Dinah Jones | April 14, 2021

On the 1st April there was an increase in the National Minimum and National Living Wage. The hourly minimum wage a worker is entitled to depends on their age and whether they are an apprentice. It’s important to note that the 23-24 age category for the National Minimum Wage has been abolished following the lowering…

A Festive Party tax allowance is not just for Christmas

By Dinah Jones | December 17, 2020

We are incredibly pleased and proud to be one of the first accountants in the Morley District to be featured in the MorleyPress newspaper. The article was written by our very own Dinah Jones. We are also very pleased to welcome MorleyPress to our town, and I look forward to writing for them again in…

National Minimum Wage (NMW) and National Living Wage (NLW) 2021/22

By Dinah Jones | December 10, 2020

New minimum wages rates Rate from April 2020 Rate from April 2021 Increase National Living Wage £8.72 £8.91 2.2% 21-24 Year Old Rate £8.20 £8.36 2.0% 18-20 Year Old Rate £6.45 £6.56 1.7% 16-17 Year Old Rate £4.55 £4.62 1.5% Apprentice Rate £4.15 £4.30 3.6% Accommodation Offset £8.20 £8.36 2.0%