Blog
Our accounting blog keeps you up-to-date with the latest tax, business and economic advice.
Important tax changes in 2023/24
If you are self-employed or in a partnership, there are some important changes happening to tax accounting periods in 2023/24.
Chadwick & Company celebrates 40th birthday with rebrand to Chadwicks
To mark our 40th birthday, we are delighted to announce our new company name, Chadwicks.
Annual pension allowance for the healthcare sector
Our blog tackles the annual pension allowance; exploring how earnings are calculated and how to plan your retirement to mitigate your tax liability.
Refer friends. Get rewards.
We’ve been working hard throughout the Coronavirus pandemic to help you through these difficult times. If you are happy with our service – please spread the word. For every friend you refer to us, we will give you a £100 Marks & Spencer gift card in return.
Self-assessment penalties scrapped
HMRC have announced further measures to help business owners and the self-employed recover from the financial fallout of the coronavirus outbreak: this year’s self-assessment late payment penalties are to be scrapped.
Construction Industry Scheme (CIS) and the VAT Reverse Charge
This blog outlines how the new Domestic Reverse Charge scheme will affect the VAT returns and cash flows of businesses in the construction industry. The changes come into effect on Monday 1 March 2021.
How do I pay the deferred VAT?
HMRC have given business owners two repayment options for deferred VAT: pay in full or pay in installments. Find out more about your options here. Businesses will be charged penalties if you fail to either sign up for the new scheme, pay your VAT in full or agree with HMRC a plan to pay by 30 June 2021.
Furlough scheme deadline
HMRC require December furlough scheme claims to be submitted by the 14 January. Businesses which have never previously claimed furlough support are free to claim under the recently extended scheme. Find out more about how to make your claim here.
Scam warning: the Wild West comes to accountancy
Processing claims for research and development tax relief has become the latest PPI style telephone scandal in Manchester and across the UK. This blog explains if you are eligible for an, often substantial, tax credit and the pitfalls to look out for.
Furlough scheme extension – November claim
We have all seen the news over recent weeks and the announcement that the Job Retention or Furlough Scheme has been extended through to March 2021. This article gives a summary of the extended scheme and other changes to Government financial support. Claims relating...
Changes to the new Government Job Support Scheme
The Government has announced important changes to the new Job Support Scheme (JSS). In this article we summarise the changes made by the Chancellor to the new JSS scheme, which is due to replace the furlough scheme on 1 November 2020. The package announced is...
The end of furlough and the new Job Support Scheme
Recent months have been seen the Government support small businesses through the Coronavirus Job Retention or Furlough scheme. Chadwick & Company founding Director, Michael Chadwick, summarises the new changes to the Government’s financial support packages.
Find out more about our services
We deliver a fresh approach to accounting. From tax planning to online accounting – we’ve got you covered.