top of page
NEWS
Shepherd Partnership
May 30, 20231 min read
Allowances for working from home
Many employees became eligible to claim a tax allowance for working from home during the Covid pandemic. However, since the Covid...
33 views0 comments
Shepherd Partnership
May 29, 20231 min read
Improvements to farming schemes for upland farmers
DEFRA recently announced changes that are being made, following feedback from upland farmers and industry representatives, to make their...
21 views0 comments
Shepherd Partnership
May 25, 20231 min read
Self Assessment threshold change
From tax year 2023 to 2024 onwards, the Self Assessment threshold for those taxed through PAYE only, will change from £100,000 to...
27 views0 comments
Shepherd Partnership
May 24, 20232 min read
How long should I keep my tax records?
We're often asked by our clients how long books and records should be kept. Here we have put together an overview of the rules. As you...
37 views0 comments
Shepherd Partnership
May 22, 20231 min read
HMRC late payment interest rates to be revised after Bank of England increases base rate
It was announced on 11 May 2023 that The Bank of England Monetary Policy Committee would increase the Bank of England base rate to 4.5%...
20 views0 comments
Shepherd Partnership
May 21, 20231 min read
Business Energy Aid Toolkit
The Business Energy Aid Toolkit provides manufacturers with access to experts and equipment, helping you make significant reductions to...
20 views0 comments
Shepherd Partnership
May 17, 20231 min read
What has changed in the funding of social care?
Back in 2021 it was announced that social care in England was to be reformed. The original proposals included a cap on how much an...
24 views0 comments
Shepherd Partnership
May 14, 20231 min read
Farming News: Delinked Payments: updated guidance
DEFRA recently updated the guidance for delinked payments on GOV.UK. The guidance sets out whether you’re eligible for delinked payments,...
16 views0 comments
Shepherd Partnership
May 10, 20232 min read
Older people could be caught out by tax in 2023-24.
One reason state pension claimants might be caught out is the recent increase in the state pension. In April this year it rose from...
26 views0 comments
Shepherd Partnership
May 3, 20231 min read
Child benefit: Parents to be given state pension boost after Government plans to overhaul tax credit
Under recently announced reforms, the government wants to address the fact that some parents who have not claimed Child Benefit could...
37 views0 comments
Shepherd Partnership
May 2, 20231 min read
HMRC makes U-turn
HMRC had announced they were removing the option to download Self assessment (SA) tax return forms 2022/23 from gov.uk (which would have...
43 views0 comments
Shepherd Partnership
May 1, 20231 min read
Enterprise West Yorkshire Start Up Forum: 10th May
Shared from The City of Bradford Metropolitan District Council: Following the success of the first Start Up Forum in October 2022, West...
26 views0 comments
Shepherd Partnership
May 1, 20233 min read
Common VAT mistakes to avoid
Is a flapjack a cake or a biscuit? Does it matter? Well, for VAT purposes the answer is yes because one is zero rated and the other...
38 views0 comments
Shepherd Partnership
Apr 30, 20231 min read
Royal Mail
Royal Mail offered a settlement that has been agreed by the Communication Workers Union’s (CWU) Postal Executive Committee (PEC) and...
23 views0 comments
Shepherd Partnership
Apr 30, 20231 min read
What are classified as company cars and vans for the purposes of Benefits In Kind?
HM Revenue & Customs have highlighted how a 2020 tax case affected how vehicles are treated for Benefit In Kind purposes. The case...
43 views0 comments
Shepherd Partnership
Apr 27, 20231 min read
New Rates of Road Fuel Scale Charge
Please remember to update your VAT road fuel scale charges which apply from the next accounting period beginning on or after 1 May 2023....
32 views0 comments
Shepherd Partnership
Apr 24, 20231 min read
HMRC Receipts
HMRC have published a report of their total receipts for April 2022 to March 2023. It makes for a somewhat interesting read (if you are...
26 views0 comments
Shepherd Partnership
Apr 24, 20232 min read
Summary of pension changes
The State Pension rose by 10.1% from April 2023, regardless of whether you are eligible for the new Single Tier (flat rate) State Pension...
34 views0 comments
Shepherd Partnership
Apr 23, 20231 min read
NIC relief for those who employ veterans
Employers who take on those who have worked for the UK military can claim relief on secondary employer’s national insurance contributions...
24 views0 comments
Shepherd Partnership
Apr 23, 20231 min read
Landlord EPC Requirements
Landlords of privately owned non-domestic rented properties need to be aware the law changed on 1 April 2023. There is now a requirement...
34 views0 comments
bottom of page