Promotion success at Exeter accountants Streets Bush
Exeter based accountancy firm Streets Bush has announced a new Associate Director promotion.
Exeter based accountancy firm Streets Bush has announced a new Associate Director promotion.
Chancellor Rachel Reeves delivered the government’s Autumn Budget on Wednesday 30 October 2024. She pledged to ‘invest, invest, invest’ to drive growth and ‘restore economic stability’. View the statement summary here.
There are important changes to the rules on cash basis accounting, aimed at driving many more businesses into using the scheme.
The Chancellor, Rachel Reeves, will present her first Budget under the new Labour government in the House of Commons on Wednesday 30th October 2024.
Exeter based chartered accountancy firm Bush & Co has merged with UK wide firm Streets Chartered Accountants and the combined firm will be known as Streets Bush Limited.
From the end of last year, HMRC has raised the maximum tax debt eligible for online Time to Pay arrangements. The new limits are £30,000 for individuals and £50,000 for businesses.
Taxpayers who are unable to settle their tax bills can apply online to arrange a Time to Pay plan with HMRC. This option is available for individuals with self-assessment (SA) liabilities, employers with PAYE (Pay As You Earn) debts, and businesses with unpaid VAT bills.
According to HMRC’s guidelines, the criteria for applying for a payment plan online are as follows: