February 2023 newsletter: the latest updates for businesses

Our February 2023 newsletter provides all the latest accounting news and updates for businesses, including the Making Tax Digital deadline postponement, upcoming changes for company directors, basis period reform, a round-up of the new VAT rules, and much more. Download our February newsletter here. You can also read our essential employer update here and our guide […]

Building resilience: how to get your business through tough times

Clayton & Brewill offers practical help for businesses on how to weather the storm in times of crisis. We explain how adapting now could build resilience for the longer term and highlight key areas where the tax system offers potential leverage. They say every business hits a crisis sooner or later. Add together a combination […]

What landlords need to know about Making Tax Digital

Making Tax Digital (MTD) has already impacted VAT, with income tax and corporation tax due to follow in the coming years. There are significant implications for those who pay income tax via self assessment (ITSA), including landlords with taxable income of more than £50,000 a year. In this article, Clayton & Brewill highlights what landlords […]

Working at Clayton & Brewill: what is a career in accountancy like?

Working at Clayton and Brewill

November is national career development month and to mark the occasion, we interviewed our audits and account manager, Adam Rostance, to reflect on how his career has developed at Clayton & Brewill since he joined the firm 10 years ago. Hi Adam! Can you tell us a bit about what drew you to a career […]

Key takeaways from the Autumn Statement 2022

From tax increases to tighter public spending, Chancellor Jeremy Hunt has unveiled his plan for the UK to “weather the economic storm” in his Autumn Statement. The chancellor outlined the government’s medium term fiscal plan to put public spending on a sustainable footing, get debt falling and restore stability. He began by acknowledging that the […]

What travel expenses can I claim?

When it comes to travel expenses incurred by directors and other employees, the tax rules can be difficult to follow. But inadvertent errors can have expensive consequences, both for the business and for the employee. Here, Clayton & Brewill discusses the taxation of travel expenses and explains where relief is allowed. Are all travel expenses […]

What tax relief does the Enterprise Investment Scheme offer?

The Enterprise Investment Scheme (EIS) is one of four venture capital schemes designed to allow certain types of small, higher-risk, unquoted trading companies to raise capital. Here, Clayton & Brewill provides an overview of what the scheme offers. What does the Enterprise Investment Scheme offer? The EIS offers several forms of relief. Chargeable gains on […]

Which mini-budget tax cuts have been reversed?

Having been appointed as chancellor last week following Kwasi Kwarteng’s resignation, Jeremy Hunt has dismantled many of the policies announced in the former chancellor’s September mini budget in a major U-turn for Liz Truss’s government. The new chancellor, who brought forward his fiscal statement by two weeks in a bid to stabilise financial markets, made […]

Mini budget 2022: the chancellor unveils plan for growth

From income tax to stamp duty and national insurance, Kwasi Kwarteng’s first announcement as chancellor proved to be far from the ‘mini’ budget that had been expected. Clayton & Brewill provides an overview of the mini budget 2022 and what it means for businesses. UPDATE 17th October 2022: please read our update to this article […]