The Chancellor has revealed his latest plans for the nation's finances – including cutting National Insurance Contributions rates, continuing business rates relief and confirming the increase in the National Minimum Wage. According to the government, the measures...
Success doesn’t happen by accident. Secure your future, with Artema's tax advisors. It might sound taxing but you can make your business more profitable in just a few simple steps. This is something our fabulous tax advisors can help you with at Artema. By...
Your taxes are very important to us and we want to make sure you get them right paying the right amount and Our qualified team can help you with submitting your personal tax returns. During the process we will: Remind you when your tax returns are due so you don't...
The Spring Budget 2023 was delivered yesterday and here are the important highlights as we see them: Corporation tax The main corporation tax rate will increase from 19% to 25 with effect from 1 April 2023 as previously planned. This applies to companies with...
Now that the dust has settled from the busy January tax deadline, it’s a good time to look forward to the changes on the horizon from April 2023. You will probably remember that there were lots of announcements during the short-lived period with Liz Truss in charge...
It’s been a while since our last newsletter as we all took a breath from the impact of the pandemic and focused on the busy tax return season. As we enter the new tax year and following the spring budget we hope you find the following updates useful. Payment on...
Success doesn’t happen by accident. Secure your future, with Artema's tax advisors in Bournemouth It might sound taxing but you can make your business more profitable in just a few simple steps. This is something our fabulous tax advisors can help you with at...
It might seem daunting but all it takes is a little preparation. When it comes to filing your self-assessment tax returns, you might be hit by a pang of doubt. After all, tax returns can be difficult to get right and dangerous to get wrong. What’s more, they...
The extended deadline for 2019/20 self-assessment tax returns of 28 February 2021 is approaching. We are hopefully working with all of you who are still yet to file your tax return but do let us know if you think this is not the case. As a reminder, the tax liability...
Tax Advice in Bournemouth Let Artema’s qualified tax advisors help you. Looking for corporation or personal tax advice in Bournemouth? We can provide you and your business with some enlightening tax solutions. In fact, Artema can do as little or as much as you want us...
With just over a month to go until the end of the transition period we have been getting many questions about what is needed to be done to prepare for the new rules from 1 January 2021. The UK government has been sending out emails and reminders for businesses and...
It has been a busy week or so of updates from the government and as of late last week we have news of further extensions to the different support schemes. We are doing our best to keep up with the announcements and the latest plans seem to have been put in place to...
You will no doubt have seen or heard that late last week Rishi Sunak announced his ‘Winter Economy Plan’, a package of new support measures in preparation for the longer term effects of the Covid-19 pandemic. These include a new job support scheme, continuing reduced...
Kickstart Scheme The government has recently published additional detail on the Kickstart Scheme, which is aimed at providing financial support to employers taking on employees who meet certain criteria for a 6 month period. These are detailed here: Kickstart Funding...
New Measures Announced by the Government During the Mini-Budget – Headlines So Far… Rishi Sunak announced the mini-budget on 8 July and the following highlights were of particular interest: Stamp duty Threshold increased to £500,000 from £125,000 until 31st March...
The team is now back in the office (with the appropriate distancing and cleaning measures in place, of course!) so please feel free to bring your 2019-20 tax return paperwork in. As the lockdown rules are starting to be eased, we are seeing a return to a more ‘normal’...
The government has announced yesterday (4th May) that self employed people (including partners in a partnership) can apply from the 13th May 2020 for their Self Employment Grant. Please note that the claim for the above grant can only be submitted to HMRC from your...
COVID-19 Update Chancellor unveils ‘bounce back’ micro-loans scheme Yesterday afternoon, Chancellor Sunak announced the Government was implementing a new micro-loan scheme for UK businesses. Businesses will be able to apply for new ‘Bounce Back’ loans for up to...
ICPA Budget Review 2020 Budget 11 March 2020 This article covers the key tax changes announced in the Chancellor’s speech and includes tables of the main rates and allowances. Near the end of the article you will find a calendar of the tax year with important deadline...
January 2020 News Update The 31st January 2020 is not just the final date for submission of your self-assessment tax return but also an important date for payment of tax due. This is the final payment deadline for any remaining tax due for the 2018-19 tax year....
Merry Christmas From Artema! In our final newsletter of 2019, we’d like to take this opportunity to say a big thank you for your business and support this year. We wish you a very happy Christmas and a prosperous and healthy 2020. We decided to save a few trees and...
How to Spot A Non-Compliant Umbrella Scheme For any contractors confused about umbrella companies – what are they and what are their advantages? An umbrella company is a company that employs contractors who work on temporary contract assignments, often...
Common Business Tax Mistakes to Avoid Set out below are some of the mistakes that many businesses have already made, so that you don’t have to… If I HAD to pay for It, it MUST be allowable They don’t come more classic than this. Typically, it will be self-employed...
Workplace Pension Re-Enrolment HMRC and The Pensions Regulator (TPR) are reminding employers they must carry out pension auto-enrolment for their staff every three years. This involves re-assessing staff who opted out of your workplace pension and including them if...
If A Business Does Not Pay Its Supplier, It Must Repay HMRC The Input Tax Claimed A business can only keep the input tax it has recovered on a supplier’s invoice if it pays the bill within six months of the date of the invoice, or if later the date on which payment...
July 2019 News Update Please don’t forget to pay your 2nd payment on account of your income tax liability by 31st July. If you are unsure of how much you need to pay to HMRC please contact us as soon as possible. We are proud to announce that one of our clients, Nigel...
Entertaining Staff and Customers Tax Efficiently You want to stage an event to promote your business, say an evening barbecue for customers and staff. You expect the cost to be a few thousand pounds. How much tax relief, if any, can you claim and what other tax...
Self Assessment Tax Returns Our qualified team can help you with submitting your personal tax returns. During this process, we will remind you when your tax return is due so you don't miss a deadline and get unnecessary penalties from HMRC. We will ensure you are on...
May 2019 News Update As you know the 2018/19 tax year has recently ended so now it’s time to complete your tax return. In order for us to commence work on your return and advise you well in advance on your personal tax liabilities, please send over the relevant...
ISAs - What’s Right For You? ISAs are a popular tax-free saving product. In recent years they’ve been revamped and there are now a few types to choose from with different options, limits and benefits. Are you investing in the right one for you? ISA advantages There...
If you’re just starting out with your business venture and want the best advice on creating rock-solid foundations. Or you’re an established business that’s looking to grow and need help to build and fund your growth plan.
You can call in at any time to speak to one of our accountants and business advisers about a new venture or an existing business. We offer an initial free consultation meeting with a qualified Chartered Certified Accountant with no obligations.
During the meeting, we will learn more about your business, understand your motivation and your market and give you the business advice you need.
