Morris Cook Chartered Accountants
Latest News & Updates
The current tax year, 2017-18, is the last year we have to prepare for the advent of the new reporting system, Making Tax Digital for Business (MTDfB)....
- 29th March 2017
The personal tax allowance will increase to £11,500 and the higher rate threshold will rise to £45,000....
Costs that businesses incur to clean up after the recent storms, that affected the north and east coasts in particular, need to meet the usual qualifying criteria that they are incurred “wholly and exclusively” for business purposes in order to be a legitimate write-off for tax purposes.
It is worth repeating an article we first published March 2016 that highlighted the cash benefit to company car drivers and their employers, of reimbursing the cost of fuel provided for private motoring....
- 15th December 2016
Salary sacrifice is a term applied to benefits taken in place of salary....
- 29th November 2016
The new incumbent at number 11 Downing Street, Philip Hammond, had his first opportunity to show us what he had in mind for the UK economy when he presented his Autumn Statement on the 23 November.
- 17th November 2016
We have received enquiries from a number of clients, concerned that HMRC is going to try and tax them for the small amounts of cash that they make from pursuing hobbies....
- 17th October 2016
This month’s newsletter highlight tax issues for anyone using their home for business purposes.
- 5th September 2016
This month’s newsletter includes articles covering: VAT reclaims for a vehicle purchase, a government pledge to cover EU grants and funding, reminder of the Workshop on Workplace Pensions Automatic Enrolment on 14th Sept!
Action required by BUY-TO-LET LANDLORDS, plus a WORKSHOP on AUTOMATIC ENROLMENT on Wednesday 14th September 2016.
This month’s newsletter includes articles covering: filing strategy for the 2015-16 returns, allowable business expenditure, transferring ISAs and spoof calls purporting to be from HMRC.
This month’s newsletter includes articles covering: possible Stamp Duty increases for home buyers and expanding your Income Tax bands.
This month’s newsletter includes articles covering: NIC advantage for retirement age business people; lifetime gifts and Inheritance Tax; and good news for farmers.
The March 2016 budget seemed to indicate that austerity is still on the Treasury’s road map – balancing the books and reducing debt....
This month’s newsletter includes information regarding company car drivers and private fuel, and extracts from a HMRC press release: was the Google settlement a "sweetheart deal"?
- 22nd February 2016
This month’s newsletter includes the introduction of the National Living Wage later this year and Capital Gains Tax planning.
- 12th January 2016
A very happy and prosperous new year to our readers....
- 11th December 2015
This month’s newsletter includes articles that highlight the following tax and business issues: tax changes for landlords, a 30 December filing deadline, information on the launch of help to buy ISAs, and repaying employers for private fuel.
- 27th October 2015
This month’s newsletter includes articles on minimising the new dividend tax next year PLUS information about the changes to vehicle excise duties from April 2017.
This month’s newsletter is the first published since the Summer Budget announcements on 8 July....
This month’s Morris Cook newsletter reviews the following topics: business start ups, tax status if you are subject to the Scottish rate of Income Tax, what we can expect from the summer budget and HMRC’s delivery of tax statements for 2014-15.
This month’s newsletter lists the tax changes announced in the Finance Bill 2015 that were deferred until after the election, a reminder to take a look at the pensions automatic enrolment process, how to recover pre-incorporation VAT and a recent case where directors were jailed for defrauding an appointed liquidator.
- 18th May 2015
Workplace pensions are changing and employers are gradually being required to enrol all eligible workers into a workplace pension.
This month’s newsletter highlights two changes mooted by George Osborne in his recent Budget....
