The Government is introducing Tax-Free Childcare for all eligible employees from autumn 2015. You will be able to register for the scheme direct with HM Government, open a childcare account, and receive 20 per cent support towards qualifying childcare costs, up to a limit of £2,000 per child per year. For more information please do not

From the 6 April 2014, the introduction of the Employment Allowance could reduce your employer’s Class 1 National Insurance Contributions by up to £2,000 every tax year. Almost every employer who is a business or charity that pays employer Class 1 NICs on their employee’s or director’s earnings will be eligible HM Revenue and Customs claim

When using the Cash Accounting Scheme you only pay VAT on your sales when your customers pay you and reclaim VAT on your purchases only once you have paid your suppliers. The Cash Accounting Scheme is available to VAT registered traders if your estimated VAT taxable turnover during the next tax year is not more than £1.35

HMRC have requested that with effect from 14 February 2014 any publication containing guidance on the Seafarers' Earnings Deduction stating that voyages between UK ports were subject to the same concession as if the journey were allied to passage to an overseas port must not be used in the preparation of a claim to Seafarer's

From April 2014 employers will be able to reward staff with tax-free loans of up to £10,000 for items such as travel season tickets. For more information on tax efficient employee benefits please do not hesitate to contact Hooper & Co for a no obligation discussion on your particular

We are all aware of phishing emails purporting to be from your bank or advising you of a refund from HM Revenue & Customs, but the latest comes in the form of a 'complaint' raised against your company. The text of the email is as follows: _________________________ This message has been generated in response to the company

Source: gov.uk Personal Taxes and Tax Credits Personal Allowance, Rates of Tax, National Insurance Contributions for 2014 to 15 As announced at Budget 2013, people born after 5 April 1948 will be entitled to a basic personal allowance of £10,000 for 2014 to 15. The ‘higher rate threshold’ (the sum of the basic personal allowance and the

Not all UK limited companies require their accounts to be audited.  The following brief guide explains

Recent studies have shown that younger business owners, particular those with small to medium size businesses, would increasing prefer the see their tax and accountancy services provided online via cloud based systems. Hooper & Co are pleased to confirm that we already operate a cloud based system for a number of overseas clients and would be delighted to engage with new