01223 929150 info@hflaccounts.com
Download Our App
  • Home
  • How Can We Help You?
  • Who we are
  • Blog
  • Contact Us

Blog

Coronavirus Job Retention Scheme (CJRS)

You will shortly be able to go online and submit a claim for furloughed wages. Here we look at what information will be needed to enable that claim to be made.

Autumn newsletter 2019

For some of us the state pension age is fast approaching. Where that is the case you should receive a letter from the Pension Service, certainly no later than 2 months before you reach that milestone. You do have to actually claim the state pension to receive it and how you do so is laid out in the correspondence. In the vast majority of cases you will make the claim and the pension will be paid across, usually within 5 weeks of reaching state pension age.

Dividend Complexities

The dividend allowance, which was originally introduced from 6 April 2016, was cut from £5,000 a year to £2,000 from 6 April 2018. The cut is likely to have a significant impact on employees and directors of small businesses who receive both salary and dividend payments. Many family-owned companies allocate dividends towards the end of […]

Summer newsletter 2019

If you are looking at buying your first home or know somebody else who is considering doing so, such as your children or grandchildren, then this Government backed savings scheme might be an option. This has been available since December 2015 and is aimed at first time buyers aged 16 or over who are looking to save up a deposit for the purchase of their first home. The Government adds a bonus of 25% to your savings up to a maximum of £3,000. This is per person. It can be used as a purchase of a first time buyer’s home worth up to £450,000 in London or £250,000 in the rest of the UK.

Spring Newsletter 2019

Spring is in the air and traditionally this is the time of year when couples marry.
Possibly the most important item on the wedding shopping list is the bride’s gown. According to Bride Magazine the average cost of a wedding dress in the UK in 2018 was £1,378, with a particular royal wedding dress reported to be in the £100,000 price range.

Budget 2018 Newsletter

What was your most interesting part of yesterday’s budget?  For us it was the clear focus on business and the support to help businesses grow.  With new allowances for electric vehicle charging facilities, for building new commercial structures and buildings and an increase in the level of tax relief designed to encourage businesses to spend […]

Paying Family Members

Many small businesses, whether incorporated or not, pay family members for working for the business. However, as a recent case shows, it is easy to make mistakes which can prove costly.

Tax on Termination Payments set to Change

MORE TAX The tax and NI treatment of termination payments currently depend on whether or not they are classed as earnings.  This has often not been clear cut and factors such as whether the payments were provided for contractual reasons have had to be considered.  For instance, the treatment of payments in lieu of notice […]

1234

Copyright HFL Accountants 2019

Made By Cornwell Media

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled

Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.

Non-necessary

Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.

SAVE & ACCEPT