Welcome
Crowthers Chartered Accountants are based in Pershore in Worcestershire and Ledbury in Herefordshire and offer a full range of services to both business and personal tax clients. Our motto is quality professional services at a sensible price.
We hope that you will find the current topics and news items covered in our blog posts below are of interest.
Posted in Taxation Matters on November 16th, 2009 by Nikki Walding – Be the first to comment
The Government has announced that at 12.30pm on Wednesday 9 December 2009, Alistair Darling will make his Pre-Budget speech.
The Chancellor is expected to outline how he plans to reduce public debt over the next four years. Many experts have been predicting changes to Capital Gains Tax and further changes to the new 50p rate of Income Tax being implemented in April 2010. Also, will he look at changing the VAT rate in the future, which is set to return to 17.5% in January 2010?
Our senior team will be listening to the live Budget speech and looking at how the measures announced will affect our clients, so watch this space!!!
Posted in Taxation Matters on November 14th, 2009 by Jonathan Crowther – Be the first to comment
HMRC are launching their new Section 36 (FA 2008) compliance checks. HMRC Officers can now inspect any business to check the “tax position” which means past, present and future liabilities to Income Tax, PAYE, VAT ie any tax! The HMRC officer can enter any business premises, look at the assets, records and any document they wish. The old safety net of an enquiry window has effectively been abolished.
Now for the really scary bit … only 7 days notice is required of an HMRC visit and that can be verbal or in writing. There is no appeal. Penalties for obstruction are £300 and then £60 per day. read more »
Posted in Our Team News on October 29th, 2009 by Nikki Walding – 2 Comments
Our New "Green" Bags!
Sophie Newton has recently taken on a more focused marketing role. Her first idea was for Crowthers to do its bit in helping the environment by giving our small business clients an eco-friendly jute bag, as opposed to the plastic bags we were previously using. Hopefully our clients will be encouraged to re-use these.
We are holding a competition for the best photo of someone holding the bag whether that is in an exotic place, next to a celebrity or simply in an exclusive surrounding. The photos will be displayed on this website, and a £50 Marks and Spencer voucher will be given to the winner awarded at the end of February 2010. Please email your photos to Sophie at competition@crowther.co.uk.
Posted in IT & Business Services on October 29th, 2009 by Ian Cooke – Be the first to comment
The standard rate of VAT is due to return to its previous level of 17.5% on 1 January 2010.
Although specific rules were put in place to ensure that VAT was accounted for at the correct rates on the way into this scheme HM Revenue and Customs were quite relaxed about this due to the short notice given to implement the changes. However, it is unlikely that they will be so relaxed with the VAT treatment of transactions around the time of the increase to 17.5%.
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Posted in Corporate Services on October 19th, 2009 by Richard Beard – Be the first to comment
“A business without a system of budgeting and forecasting is like a traveller without a compass – they don’t know what direction they are going”.
No business can know exactly what the future holds. But budgeting reduces the level of uncertainty, helping you anticipate problems, learn from the past and improve your ability to control the business.
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