Latest News
Updates from the Clayton & Brewill team.
The benefits of cloud accounting systems for small businesses
With HMRC’s Making Tax Digital initiative looming on the horizon, many small businesses are anxious about ensuring that they are compliant with the forthcoming requirements. One option to consider is investing in a cloud accounting system that complies with Making Tax Digital requirements. Nottingham chartered accountants Clayton & Brewill explains the benefits of cloud accounting… View Article
Becoming a limited company – is it right for your business?
Becoming a limited company is a major decision for you and your business. Nottingham chartered accountants Clayton & Brewill have put together a helpful guide that explores some of the areas you need to consider when deciding whether to go limited. Choosing the best structure for your business – be it sole trader, partnership or… View Article
Brexit: planning ahead
On 29 March 2017, the government triggered Article 50, starting the formal process for the UK to leave the EU. This will happen on 29 March 2019. Brexit: a little word with big consequences and a lot of uncertainty. Nottingham chartered accountants Clayton & Brewill provides some guidance on how best to be prepared for the… View Article
Changes to termination payments
Since 6 April 2018, employers are required to pay Income Tax and Class 1 National Insurance contributions (NICs) on termination payments, regardless of whether or not they are contractual payments. Sarah Pownall, Payroll Manager at Nottingham chartered accounts Clayton & Brewill explains the changes. What are the changes to termination payments? Since 6 April, all… View Article
Making Tax Digital delayed due to Brexit
Last week, HMRC announced that it was putting a halt on some of its Making Tax Digital plans due to resources being stretched by Brexit. Nottingham based chartered accounts Clayton & Brewill provides an update on Making Tax Digital and explains what areas are being delayed and why. What is Making Tax Digital? Making Tax… View Article
National Minimum and Living Wage rates April 2018
Employers need to be aware of the new National Minimum and Living Wage rate increases that came into effect on 1 April 2018. Workers, both under and over the age of 25, including apprentices will see an increase in their take home pay due to increases in both the National Minimum and Living Wage. These… View Article
Clayton & Brewill recruits new Audit Manager
Nottingham chartered accountants Clayton & Brewill has recruited Audit Manager Amy Madge to its growing team. Amy is the third new recruit this year for the firm and joins from Duncan & Toplis. Prior to working at Duncan & Toplis she spent six years at PKF Cooper Parry. Amy has a broad range of accountancy… View Article
Spring Update from Clayton & Brewill
The Clayton & Brewill Spring Update is now available to view online. Our Spring update contains advice and articles for both business owners and individuals, including: The Spring Statement Changes to pension contributions Year-end tax planning tips News about our latest appointments Click here to view the update. To receive future Clayton & Brewill newsletters directly… View Article
Spring Statement 2018
On 13 March 2018, Chancellor Philip Hammond presented his first Spring Statement. Nottingham chartered accountants Clayton & Brewill, takes a look at some of the announcements, along with other key changes that are coming into effect in the near future. Overview Overall it was quite a positive Spring Statement, in which the Chancellor provided an… View Article
Year-end tax planning for 2017/18 – top tips
As the 5 April gets closer and the end of the financial tax year draws to an end, it’s important that you ensure your finances are as tax efficient as possible. Nottingham chartered accountants Clayton & Brewill, provides some tips to help you with your year-end tax planning for 2017/18. Income tax – do you… View Article