Entrepreneurs relief changes expected in Spring budget
As widely published there are expected to be changes to the well known capital gains tax relief known as entrepreneurs relief. Designed to incentive the entrepreneurial spirit by allowing a 10% tax on gains accumulated on the sale of qualifying shares and activities the incentive has become synonymous with those with a higher net worth. […]
Local butchers expand with Standish store
NR Barton client and specialist local butchers, J McRobb are pleased to announced plans for their new store in Standish. The store on Market St in Standish was previously occupied by a car repair business and following refurbishment of the premises, the butchers are due to open in late Spring. The business will be serving […]
Allied make Fairhurst acquisition
Allied Financial Services has announced the multi-million pound acquisition of fellow Wigan based Fairhurst Financial Planning in a move that sees the company further consolidate its position as number one in the financial planning market across Wigan and the North West. Fairhurst Financial Planning was founded in 2002 and has been owned by the partners […]
Our tax change predictions for 2020
Usually, by this time of year we’d have a fairly clear picture of the tax changes set to take effect in April. But 2019 has been unusual in many ways, and as the Budget originally planned in November was cancelled to make way for the general election, there’s been no major fiscal announcement this year. […]
No company car tax from April on pure electric vehicles
HMRC rules from 6 April 2020 mean that company car drivers choosing a pure electric vehicle will pay no benefit-in-kind (BIK) tax in 2020/21. In its long-awaited response to the review of WLTP and vehicle taxes, HMRC has removed the previously published BIK rates for 2020/21. Standing in their place it has created two new […]
‘Tis the season for trivial benefits
With the season of goodwill upon us our tax team look at a little known and little utilised tax saving, known as trivial benefits. Trivial benefits is a mechanism whereby employees and/or directors can be given trivial benefits such as vouchers or maybe even office pizzas. The benefits are limited to £50 per person in […]
Small Business Guide: Sole Trader vs Limited Company
You have decided to take the big leap of faith and start your own business, the next question is how this should be structured. Should you trade in your personal name or through a limited company? Follow the link below to read our guide on the key accounting and tax implications. Sole trader vs Limited […]
NR Barton visited by Metalfloor UK chairman Lord Digby Jones
It was a pleasure for the team at NR Barton to host Lord Digby Jones at the offices today. Neil Whittingham and Paul Flint from the team at NR Barton work closely with directors Phil Preston and Jacqui Ward to provide strategic advisory as the business continues to grow from strength to strength. The appointment […]
Small business owners hold on to cash for Brexit
Small businesses across the UK have increased the amount of cash they hold in current accounts by over 78% over the past two years in anticipation of a Brexit fueled credit crunch. The hoarding reflects growing fears over the economy and a desire to have cash assets available to fund any shortfall in trade or […]
