Accountancy Blog

Rushtons provide businesses with legally correct and accurate information regarding tax and accountancy to keep them on the right path. Within our accountancy blog you will find a mixture of our company latest news as well as industry specific information you need to be aware of.

26 Apr 2024

Updated VAT road fuel scale charges from 1 May 2024

From 1 May 2024, the VAT road fuel scale charges will be updated. The new rates will need to be used from the start of the next VAT accounting period that begins on or after 1 May.

25 Apr 2024

Don’t get caught out by tax avoidance

HM Revenue and Customs (HMRC) are running a campaign to help people avoid being caught out by tax avoidance schemes. This is particularly relevant to those who are contractors, agency workers, or are working through an umbrella company.

23 Apr 2024

Lump sum death benefit charge – what do you need to tell HMRC?

New guidance has been published by HM Revenue and Customs (HMRC) to help legal representatives find out what they need to tell HMRC to calculate the lump sum death benefit charge.

22 Apr 2024

Inflation falls in March

According to the latest figures released by the Office for National Statistics, the Consumer Prices Index (CPI) rose by 3.2% in the 12 months to March 2024. This is down from 3.4% in February.

19 Apr 2024

Procurement – can the principles work for smaller businesses?

The government recently published a press release congratulating its procurement department on its 10th anniversary for saving taxpayers £3.8 billion last year.

18 Apr 2024

New R&D tax relief guidance available

For accounting periods beginning on or after 1 April 2024, a new merged scheme for research and development tax credit comes into force.

16 Apr 2024

New service to manage import duties and VAT accounts

HM Revenue and Customs (HMRC) have published guidance on a new online service to help businesses with their import duties and VAT accounts.

15 Apr 2024

Good bookkeeping: The backbone of business success

Keeping your accounting records up to date can feel like a chore, but when your bookkeeping is kept up to date, you and your business can gain some significant benefits.