Posts

BUSINESS AS USUAL – Just not in the office

Following the recommendations in respect of office working, we have decided for the safety of our staff and that of our clients, that the team will now be carrying out their duties from home until we are advised otherwise, and the office will be closed.   All the team have the ability to work remotely […]
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BUDGET 2020

Please see the attached guide to the Spring budget 2020. Budget Spring 2020 If you have any questions, please feel free to contact us on 01962 717498    
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VAT REVERSE CHARGE DELAY

HMRC has announced a one-year delay to 2020 to the introduction of reverse charge VAT in the construction sector, which was due to be implemented next month, after industry bodies and accounting specialists highlighted concerns about lack of preparation and the potential impact on businesses.   The charge was to be implemented on 1 October, […]
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WELCOME TO OUR NEW ACCOUNTS ASSISTANT

We are delighted to welcome Immy Lawrence to the Magenta team. Immy is part AAT qualified and very experienced in all aspects of book-keeping. She will be working with us 3 days each week, Monday, Tuesday and Friday and will be a great asset to us. Welcome to the team Immy.
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MAKING TAX DIGITAL AND SAGE

We have been contacted by some clients that potentially need to upgrade their sage packages to be compliant with MTD next month. For clarification purposes, if you are using sage, then the version you need to be on is 24.2 or above. This is what their website says: MTD becomes mandatory for most businesses in […]
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HOLLY WHEELER IS NOW FULLY QUALIFIED

We are thrilled and very excited to announce that Holly has now passed her final ACCA exams and is fully qualified. She has worked so hard for this and we are delighted. Well done Holly.
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NEW CLIENTS AND A NEW STAFF MEMBER

We are delighted to announce that, as from Saturday 29th September 2018, we are now looking after the clients of Waterside Accountancy Limited. Many of these businesses and individuals have worked with Waterside for a good number of years, and we are looking forward to getting to know them all. We are also excited to […]
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ADVICE RELATING TO CARE FEES

The need for long-term care and how it should be paid for is arguably one of the greatest causes for concern among a growing elderly population in the UK. If you are expecting to deal with this yourself, or for a family member facing the prospect of moving into a nursing home, there will be […]
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LIFETIME ISA

A Lifetime ISA is a flexible way to save and invest for your first home or later life. You can open one if you’re between 18 and 39 years old. For (grand)parents wanting to help their (grand)kids buy a home, giving them cash to put in a LISA is a great way to do it […]
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RULES OF INTESTACY

It is estimated that almost 2/3 of UK adults have not written a will and therefore on their death, the estate would be distributed in accordance with the rules of intestacy. Matt has produced an informative document which shows how these rules would operate. Please follow this link to see the document and of course, […]
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EMPLOYERS RELUCTANT TO OFFER PENSION ADVICE VOUCHER

Employees across the UK are missing out a valuable tax perk that could see them get heavily discounted, independent financial advice about their pensions. Launched in November 2017, pension advice vouchers are a government initiative that is backed by HM Revenue and Customs and are similar to childcare vouchers and the cycle to work scheme. […]
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AUTO ENROLMENT PENSION CONTRIBUTION INCREASES FROM 6 APRIL 2018

On 6th April 2018, the total minimum contribution payable into an auto-enrolment scheme is increasing from the current 2% to 5% with the employer element rising from 1% to 2%. Staff members will have to make up whatever shortfall remains of the new total minimum contribution. Both the employer and staff member can choose to […]
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