Latest News

Covid 19 Post Image
Covid-19
Keiran Taylor

Coronavirus Bounce Back Loan Scheme

From the 4th of May, the Government’s Bounce Back Loan scheme will be made available. The loan scheme aims to help small and medium-sized businesses to borrow between £2,000 and £50,000.

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Covid 19 Post Image
Covid-19
BPR Heaton

Covid-19 Update

Topics include

Coronavirus Jobs Retention Scheme
What is a “Furloughed” employee?
Deferral of VAT and Income Tax
Nursery businesses – Rates holiday
Coronavirus Business Interruption Loan Scheme

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Covid 19 Post Image
Covid-19
Gordon Gruppetta

Covid-19 Guidance

The current Covid19 outbreak is bringing many financial challenges to UK businesses and as such the government is announcing various support packages which seem to be changing on a daily basis. Below is a summary of the announcements as we understand them today and some practical issues to consider. We will endeavour to keep you up to date as we are made aware of further details.

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Laws & Legislation
Gordon Gruppetta

Employment allowance changes from 6 April 2020

The maximum Employment Allowance (EA) will increase from £3,000 to £4,000.

Employers will only be eligible for EA if their total qualifying employers’ secondary Class 1 NIC liability in the tax year ending 5 April 2020 is under £100,000.

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Money-creation
Finance
Keiran Taylor

Money Creation

Let me start by posing an interesting question. As a business owner, what would you do if you had a machine that could make widgets without the need for any raw materials?

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Reasons-for-tax-return-2020
Tax
Sam Burston

9 reasons to submit your self-assessment tax return early

Are you putting off filing your tax return? Is it something you’d rather worry about next year? 31st January is ages off!

Getting your tax return submitted early could bring you several benefits. We look at 9 reasons why we think getting your tax return prepared and submitted early is a great idea.

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Are-you-a-first-time-buyer
Finance
Keiran Taylor

Are you a first-time buyer? Would you like £3,000 for free?

There are many people who already know what a ‘Help to Buy ISA’ is, and some that may even have one, but for those who don’t, there is a deadline looming which you shouldn’t let pass by accidentally.

After 30 November 2019 you will not be able to open any new Help to Buy ISA’s and if you do qualify and don’t open one, that could mean missing out on up to £3k tax-free.

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leeds-town-hall
Laws & Legislation
Mark Fenton

New SRA Accounts Rules 2019

The new SRA Accounts Rules will be effective from 25 November 2019.

The new rules are more outcome focussed and with the number of rules being reduced from 52 down to only 13, they are also much shorter!

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Constrcution-reverse-charge
Laws & Legislation
Gordon Gruppetta

VAT Reverse charge on Construction Services

The VAT Reverse charge on Construction Services is being introduced by HMRC from 1st October 2019 in response to organised criminal attacks on the VAT system in the construction sector.

If you deal in Construction, you will need to be aware of the changes being brought in by HMRC and it is important you plan ahead for them as they could impact on your cashflow.

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Making-tax-digital
Laws & Legislation
Gordon Gruppetta

Making Tax Digital (MTD) – VAT Reporting

From the first quarter starting on or after 1 April 2019, most VAT registered businesses, with a taxable turnover above £85,000, must keep their records digitally and use MTD compliant software to submit their VAT Returns to HMRC.

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News
Gordon Gruppetta

Company Announcement

It gives us great pleasure to announce that Alex Moors has been appointed as an Associate of BPR Heaton.

Alex joined us in September 2011 and very quickly became a key member of the management accounting team…

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Digital-Growth-Vouchers
General
Richard Harrison

Digital Growth Vouchers

The latest phase of the Digital Growth Voucher scheme is NOW OPEN and will close on Friday 26th October, 2018 and will provide the chance for even more businesses to undertake digital transformation projects.

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Auditing
Martin Garrity

Are your Audit fees rising?

The Big Four accountancy firms and the other larger nationals clearly realise that it’s a seller’s market when it comes to audit services – their audit fees have jumped by over 10% over the last year.

Despite the increase in the audit threshold both small and larger companies rely on us for a better deal. We offer first-rate audit services, but with a more client focused approach.

Your company may qualify for an audit exemption.

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General
Sam Burston

Pudsey Legal 10k run

Sunday 17 June 2018 witnessed BPR Heaton continue their support as a sponsor of the Pudsey Legal 10k run, in addition to fielding a team of 5 courageous runners in the event.

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News
Mark Andrews

Spring Statement 2018

Responding to the latest economic forecasts from the Office for Budget Responsibility, Mr Hammond revealed that the economy is expected to grow at the slightly faster rate of 1.5% in 2018, compared with the 1.4% forecast in the Autumn Budget.

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2017
Martin Garrity

The future of small entity reporting

Small Limited company accounts were previously prepared using the Financial Reporting Standard for Small Entities (FRSSE). However, the FRSSE is withdrawn for Accounting Periods Commencing 1 January 2016 (therefore usually year-ends of 31 December 2016 onwards) and replaced by either:r…

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2017
Keiran Taylor

Is Your IT Infrastructure Holding You Back?

As 2016 draws to a close and businesses from across our region reflect on the good and the bad of another year passed, many it seems, have had a common anchor holding them back from progress and growth over the last 12 months. Digital technology.

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Help-for-Start-Up-and-Newly-Formed-Businesses
2016
Gordon Gruppetta

Help for Start Up and Newly Formed Businesses

Here at BPR Heaton we have an experienced team dedicated to providing owner managed businesses of all sizes from start- ups to established companies with both strategic and day to day business support.

From a fixed price of £99 + vat per month you can put your mind at rest and be assured that we will look after your finance function freeing you up to concentrate on your business.

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BPR-Heaton-News
2016
Mark Andrews

The new rules on dividends

April 2016 sees significant changes to the rules on the taxation of dividends, which could have a significant impact on the amount of tax you pay. This factsheet provides an overview of the new system, together with information and advice to help keep your tax bill to a minimum

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2016
Mark Andrews

A brief Guide To Choosing A Company Car

This is a “fast” moving issue ( forgive the pun ) with rules and regulations changing frequently and manufacturers developing new technology at a similar if not quicker rate, it is therefore worth looking at some of the ways you can keep the tax charge down to a minimum.

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2016
Gordon Gruppetta

Rise in Minimum wage April 2016

From April 2016, the government will introduce a new mandatory National Living Wage (NLW) for workers aged 25 and above, initially set at £7.20 – a rise of 50p relative to the current National Minimum Wage (NMW) rate. That’s a £910 per annum increase in earnings for a full-time worker on

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2016
Mark Fenton

BUSINESS INTERRUPTION are you adequately covered?

In the light of recent floods, the effect to local business has been devastating with claims in Kirkstall Road alone amounting to £ millions BPR Heaton spoke to independent insurance brokers to ascertain how working together can help protect clients in the future.

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