Latest News
Mar 2020 – New Marketing Executive Joins Clarke Nicklin
The Clarke Nicklin team continues to grow as Alice Atkinson, recent graduate from Manchester Metropolitan University, was appointed as Marketing Executive on 02 of March to support Marketing Manager, Laura Frost. Alice’s role will involve duties such as creating content and updating social media, as ...
Jan 2020 – Changes to off-payroll working rules (IR35)
From the 06 April 2020 there will be some important changes to employment taxes. Those who will be affected are: • Contractors – working through an intermediary, eg. Your own limited company (often known as personal service company (PSC) • Those who provide services to ...
Jan 2020 – Financial Planning Partner Scott Herbert takes stock of 30 years in the industry!
With 2020 now in full swing, Clarke Nicklin’s Financial Planning Partner, Scott Herbert, takes stock of his 30 year career, of which he celebrates 25 years as a Financial Planner and shares some words of wisdom... “How different things were in 1995 when I was ...
Jan 2020 – VAT for start-ups
It takes a lot of planning to start a new business from scratch. You may have to pay up front for some goods and services before you form the company to trade from. Once your company is VAT registered you can claim back VAT incurred ...
Jan 2020 – VAT on electronic services
Selling electronic services, such as ebooks to non-business customers in other EU countries, can cause complications for VAT. The rule for e-services is that you should account for VAT at the rate due where your customer is based. The rate of VAT due on digital ...
Jan 2020 – Cycle to work
To help your employees get to work, you could subsidise their travel on a local public bus service, lay on a works bus, or provide a cycle to work scheme. The cycling option not only keeps your workers fit, but it allows them to acquire ...
Jan 2020 – Cryptoasset confessions
Have you dabbled in cryptoassets such as Bitcoin and Litecoin? Buying and selling amounts of any cryptoasset is treated just like dealing in shares or bonds, so if you make a large gain you need to declare that on your tax return. A gain or ...
Dec 2019 – Tax relief for buildings
For years you have been able to claim tax relief for the cost of equipment installed within or on buildings, such as shop fittings, but not for the cost of the building itself. That changed from 29 October 2018. You can now claim a Structures ...
Dec 2019 – Re-enrolment in a workplace pension
For many employers, the aggravation of setting up auto-enrolment of staff into a workplace pension was over years ago, but it’s not a task that can be done once and forgotten. All employees who opted out of the workplace pension must be re-enrolled in that ...
Dec 2019 – Pay tax on gains in 30 days
When non-resident owners sell UK land or property (of any type), they must pay any Capital Gains Tax (CGT) within 30 days of the completion date of the sale, and submit an online report to HMRC by the same date. This 30-day payment deadline is ...
Dec 2019 – Overseas Landlords
Living overseas and managing a let property in the UK is never easy, but HMRC has just made the task a little more difficult by sending disturbing letters to overseas landlords and to their tenants. The letters are targeted at landlords who hold the property ...
Nov 2019 – Open Banking has been introduced
Open Banking has now been introduced and will focus on how banks handle your financial information, this means the connection between your bank and your accounting software may change. With Open Banking, you can choose who gets access to your data. You can grant permission ...
