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Category Archive for "Business"

GDPR (general data protection regulations)

Five area’s of change under the new data protection regulations coming into effect in May 2018 THE ORGANISATION MUST KNOW WHERE DATA IS AND ITS RISKS INTERNAL DATA OFFICER WILL NEED TO BE APPOINTED ANNUAL PERSONAL/SENSITIVE INFORMATION AUDIT NEEDED CONTINUOUS

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Research and development tax savings

Does your company do one of the following seven things? Develop new software Implement product automation Launch new projects Develop new materials Create new recipes Improve processes Develop new products or improve existing ones If so then your company could

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What’s changing in the nursery ?

One of the largest expenses for many people employed and self employed is Nursery fees for those little workers and business owners of the future. Change is coming and Beans thought it would make sense to sum up these changes.

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Is it the end of Accountants ?

HMRC expect their new initiative making tax digital will firstly raise the overall Tax take a particularly hot topic at the moment in this frenzied atmosphere of public sector cuts. Secondly it will increase tax simplification in opening up the

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Home working and claiming the costs

Employees and Directors (as employees) are permitted to claim costs of for working at home from their employer tax free. HMRC’s own manuals instruct their tax officers to accept all reasonable claims for minor use of home. As a rule

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What’s new in VAT?

In October 2016 changes to the VAT Flat Rate scheme were announced in order to stop the misuse of the flat rate VAT scheme. From April 2017 HMRC will introduce a new category of trader, a ‘limited cost trader’, with

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HMRC Digitalisation = End of the Accountant?

HMRC has issued details about its Making Tax Digital project which aims to help millions of businesses to get their tax bills right first time, without the need for an annual tax return. Sounds great but what is behind it

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Are you a Limited company working in the public sector?

From 6 April 2017: Workers providing their services via a PSC ( Personal Service Limited Company) to a public sector body may be treated for tax as if they are employees. The rules move the responsibility for deciding whether the off-payroll

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Landlord’s worried about 31 January deadline

Sometimes people receiving income from property letting can easily get confused about if they need to declare their income to HMRC and how they go about it. Beans Accounting and Business support has been working with landlords in Cheshire and

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Beans drop in sessions 31 January deadline

Both of our Crewe and Warrington shops are dedicated to help, advice and support of our clients and anyone worried about the impending tax return deadline of 31 January 2017. So far we have dispensed good coffee and soothing words

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