Understanding tax obligations for charities
Knowing your charity’s obligations to HM Revenue & Customs (HMRC) is important, as you will have different requirements to standard businesses. (more…)
Continue readingWelcome to the Orchard Accountants blog. This is our hub of information where we will detail company developments as well as provide news and insight into the ever-changing world of finances and accounting. If you read something which strikes to your interest, and you’d like to learn more about a particular topic or service we provide, don’t hesitate to get in touch with us today.
Capital Gains Tax for SMEs – Recent trends and compliance
Collections of Capital Gains Tax (CGT) reached a record £16.7 billion in the last tax year, a notable increase from the preceding year's £14.3 billion.…
Continue readingTop tips for being a successful business owner amid financial challenges
Running a successful business in the UK is a challenging yet rewarding endeavour. (more…)
Continue readingEverything you need to know about Government Start Up Loans
Starting your own business can seem daunting, especially when it comes to finding funding. (more…)
Continue readingNew R&D supplementary information form in effect
As of 8 August 2023, all Research and Development (R&D) Tax Credit claims require the submission of an online Additional Information Form (AIF) providing supplementary…
Continue reading£56 million overpaid in pension tax
In the second quarter of 2023, overpayments on pension tax in the UK reached £56 million. This was an increase of nearly £8 million from…
Continue readingThe benefits of Employee Ownership Trusts
Introduced in 2014, Employee Ownership Trusts (EOTs) provide an attractive alternative to traditional business succession strategies, offering a series of unique benefits to businesses, their…
Continue readingEight ways your accountant can boost the success of your business
Accountants are often seen as guardians of tax and compliance. However, their expertise extends far beyond these areas. They can act as problem solvers,…
Continue readingWhat you need to know about the High-Income Child Benefit charge and the upcoming changes
The High-Income Child Benefit Charge (HICBC) is a tax that affects households where at least one person with parental responsibility has a taxable income exceeding…
Continue readingWhy companies fail to pay the National Minimum Wage and how to avoid the same mistakes
The Government recently named over 200 companies for failing to pay the national minimum wage (NMW). The list includes firms of all sizes and various…
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