News

Cut to tax-free dividend allowance - 4 Apr, 2018

George Hay Chartered Accountants

From 6 April, the tax-free dividend allowance will be cut from £5,000 to £2,000; a measure that was introduced in…

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No surprises in the Spring Statement - 23 Mar, 2018

George Hay Chartered Accountants

On Tuesday afternoon, the Chancellor delivered his Spring Statement, lasting twenty-six minutes in total. As expected,…

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Digital payments become default for consumers - 23 Mar, 2018

George Hay Chartered Accountants

New research from finance and banking trade body, UK Finance, has found that debit card transactions will surpass payments…

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HMRC Tax Investigations: Your business is not immune - 23 Mar, 2018

George Hay Chartered Accountants

Since 2010, HM Revenue & Customs’ (HMRC) total revenue from tax has increased year-on-year and in 2016-17 reached…

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Time to prioritise tax planning - 23 Mar, 2018

George Hay Chartered Accountants

Research carried out by Direct Line for Business in March 2016 revealed that of 180 small business owners surveyed,…

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The ban on card surcharges: a success, or just senseless? - 26 Feb, 2018

George Hay Chartered Accountants

Credit and debit card surcharges have been an annoyance to consumers for many years, particularly when added on in the…

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Confusion about Inheritance Tax remains as Government orders review - 26 Feb, 2018

George Hay Chartered Accountants

According to research by Canada Life[1] two thirds of adults, over the age of 45, with assets exceeding £325,000 did…

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Ministry of Justice launch refund scheme for Power of Attorney fees - 26 Feb, 2018

George Hay Chartered Accountants

A scheme has been launched by the Ministry of Justice to refund an estimated 1.8 million individuals who may have paid…

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Minimum wage set to rise, but are you well prepared? - 26 Feb, 2018

George Hay Chartered Accountants

On 1 April 2018, the National Minimum Wage (NMW) and the National Living Wage (NLW) will increase for all age groups….

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What awaits the charity sector as we welcome 2018? - 23 Jan, 2018

George Hay Chartered Accountants

Having welcomed in the new year and with most now back to work, many businesses and organisations will be reflecting…

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