15Nov
Self-employed – how to calculate your payments on account
The deadline for filing the self-assessment tax return for 2018/19 is 31 January 2020. This is also the date by which any outstanding tax for 2018/19 must be paid, when […]
Blog
13Nov
Benefit your staff at Christmas NOT the taxman!
With Christmas approaching employers are giving consideration to offering Christmas gifts to their employees. Showing your appreciation of your staff’s efforts by gifts and benefits is good for morale. However, […]
11Nov
Holiday Pay – more changes on the way!
From April 2020, the holiday pay reference period will be lengthened from 12 to 52 weeks. The new regulations, which take effect from April 2020, will ensure anyone in seasonal […]
08Nov
Magma Corporate Finance advises on buyout of Nottingham based World of Marble
Magma Corporate Finance has successfully advised on the buyout of World of Marble, a leading Nottingham based supplier, fabricator and installer of marble, granite and composite surfaces. The transaction facilitates […]
07Nov
Magma strengthens Corporate Tax Team
Magma are delighted to announce that Pam Keogh has returned to their Rugby office as Senior Manager within the Corporate Tax team. Pam a Grant Thornton-trained Chartered Tax Adviser has […]
06Nov
Directors’ loans
Sometimes it can make sense financially for directors of privately owned businesses to borrow money from the company rather than from a commercial lender. Depending on when in the financial […]
31Oct
What happened to the Budget?
The annual Budget Statement is usually a big event in our world, but 2019 will be the year without a Budget! Last month we were advised that the Chancellor of […]
30Oct
Probate fees
The government has abandoned its plans to increase probate fees. The fixed fee of £155 for applications made by solicitors and the charge of £215 for those made by individuals […]
24Oct
Reporting payroll information correctly
HM Revenue & Customs (HMRC) has recently confirmed that the real-time information (RTI) full payment submission (FPS) must be submitted on or before the date that the employee is paid, […]
23Oct
Time is running out for landlords
Since April 2017, the amount of tax relief landlords can claim on finance costs has been reducing. Are you up to date on the changes? In an attempt to assist […]
Memberships
Contact us
© 2018 Magma Chartered Accountants. Rugby, Milton Keynes and Cossington in Leicestershire