Appleleaf celebrates ACCA qualification

Appleleaf Accountancy is delighted to announce that Stephanie Cornford is now a qualified member of the Association of Chartered Certified Accountants (ACCA). Anyone who has studied while working full-time will appreciate the amount of hard work, dedication and commitment that goes into gaining this recognised qualification, and we are really [...]

stamp duty land tax on non-residential properties

Stamp duty land tax (SDLT) is payable in England and Northern Ireland on the purchase of property over a certain price. It applies equally to residential and non-residential properties, although the rates are different. Stamp duty land tax is devolved with land and buildings transaction tax (LBTT) applying in [...]

workplace pension contributions rise takes effect

An increase in the minimum contributions employers and their staff must pay into their automatic enrolment workplace pension scheme took effect from 6 April 2019. From that date, the employer minimum contribution has risen from 2% to 3%, while the staff contribution also increased from 3% to 5%. As part [...]

family companies – optimal salary for 2019/20

For personal and family companies it can be beneficial to extract some profits in the form of a salary. Where the individual does not have the 35 qualifying years necessary to qualify for the full single-tier state pension, paying a salary which is equal to or above the lower earnings [...]

reducing your payments on account

Under the self-assessment system, a taxpayer is required to make payments on account – advance payments towards the eventual tax and National Insurance liability – where the previous year’s self-assessment bill was £1,000 or more, unless more than 80% of the tax liability is deducted at source, for example, [...]

making tax digital – how it could affect your business

You might have heard adverts on the radio… Maybe you’ve seen stories in the news... Or maybe you’ve heard another business owner talking about it. Of course, it’s possible you haven’t heard anything about HMRC’s Making Tax Digital initiative. Like many people, you might simply be too busy dealing with all the other [...]