Business News
Sub-contractors at Risk Due to VAT Changes
Evidence gathered by TC Group’s VAT partner Steve McIntyre suggests that many hundreds of sub-contractors are still largely unaware of forthcoming changes in VAT that will affect their business. The changes are being introduced by HMRC on October 1st 2019 and will...
Free VAT events – Reverse charge on construction services
Important VAT Briefing With effect from 1st October 2019, HMRC are introducing a major change to the way that VAT is to be accounted for on construction services. Based on the definitions of what are construction services within the CIS rules, a domestic reverse...
Making Tax Digital – A guide to your next steps
Making Tax Digital (MTD) for VAT came into force on 1st April 2019, meaning that most businesses filing a VAT return for a period that starts on or after 1st April 2019 will have to comply with the new rules. At TC, we want to make sure that you know the steps you...
TC Group consolidates presence in Surrey and South East
Top 60 accountancy firm TC Group has further expanded its Surrey and Hampshire presence through a merger with Farnham based EJR Accounting. The merger, which consolidates TC Group’ position as one of the area’s largest accountancy firms, is the latest in its continued...
“Charities are too trusting” says TC Group expert
Charities must radically change their culture and introduce far stricter financial controls if they are to avoid even greater levels of fraud a TC Group industry expert has warned. Speaking at a seminar organized by TC Group in conjunction with CAF Bank, partner Mark...
Budget 2018 Report
Going into Budget 2018, between leaks and political instability, few expected Chancellor Philip Hammond would have surprises left to spring. However, under pressure to support No 10’s ‘end of austerity’ message, bolstered by revised growth forecasts from the Office of...
Budget 2018: Expectations
Chancellor Philip Hammond is set to give his Budget speech on 29 October 2018, earlier than the usual date to avoid any clash with the final stage of Brexit negotiations. Brexit is one of the main pressures overshadowing Budget 2018, along with the question of how to...
Budget 2018 Summary: Business
IR35 Extended To The Private Sector Medium-sized and large businesses will become responsible for assessing an individual’s employment status and determining whether the off-payroll rules apply. The reform will not apply to the smallest 1.5 million businesses and will...
Budget 2018 Summary: Personal
Personal Allowance & Higher-Rate Threshold The personal allowance and higher-rate threshold will increase to £12,500 and £50,000 respectively in April 2019 – a year earlier than set out in last year’s Conservative manifesto. Stamp Duty For First-Time Buyers Stamp...