Category Archives: Uncategorized

Tax advice for Glos businesses

ESB offers Gloucestershire businesses tax advice suggested by HMRC ESB Accountancy and HMRC suggest that you get your affairs in order swiftly. HMRC are currently running a number of campaigns to encourage taxpayers who have undeclared income to come forward and bring their tax affairs up to date in return for lower penalties. In particular, […]

New 2018 Accounting Tax Rates in Gloucestershire

New HMRC 2018 Tax Rates in Gloucestershire by ESB Accountancy come into effect this month. 2018 Personal allowance tax rates The personal allowance increases to £11,850 for the 2018/19 tax year. As for 2017/18, the personal allowance is reduced by £1 for every £2 by which adjusted net income exceeds £100,000. This means that anyone […]

Self Assessment Tax Deadline looms on 31st January

The Self Assessment Tax Deadline looms on 31st January 2018- only 15 days away! 2018 Tax Deadlines: 31 January – for any tax you owe for the previous tax year (known as a balancing payment) and your first payment on account. 31 July for your second payment on account. If you prefer to pay regularly throughout […]

Small Business Tax Planning in Gloucestershire

Small Business Tax Planning in Gloucestershire by ESB Accountancy Taxation is moving to a digital age in Glos. Under the Government’s Making Tax Digital strategy, most businesses will be required to keep track of their tax affairs digitally and to update HMRC at least quarterly. To comply with your requirements in the new digital age, […]

New NI termination payments tax rules

The rules on the tax and National Insurance (NI) treatment of termination payments is changing from 6 April 2018 ESB Accountancy explains. Gloucestershire accounting and bookkeeping experts ESB Accountancy explains that payments made on the termination of an employment are treated differently depending on whether the payment is a payment of earnings, such as normal […]

Dividend Allowances for Company Directors explained

The new tax rules for dividend allowances for Company Directors in 2018 is explained by ESB Accountancy. The current regime for taxing dividends has been in place since 6 April 2016. Under the rules, all taxpayers, regardless of the rate at which they pay tax, are eligible for a ‘dividend allowance’. Although termed an ‘allowance’, in […]

Business Services Costs rise in Gloucestershire

The costs for business services rose in Gloucestershire over the summer. According to the Office for National Statistics (ONS) the whole economy Index of Labour Costs per Hour (ILCH), seasonally adjusted, increased by 1.4% in Quarter 2 (Apr to June) of 2017, compared with Quarter 2 2016 and recorded 0.9% growth compared with the previous […]

Glos business services accounts grow

Gloucestershire (Glos) business services accounts grow to record levels. Demand for business services in Gloucestershire is still growing according to the Office of National Statistics (ONS) as local employment is at record levels. Cheltenham Business Services According to the ONS there were 465 men and 250 women looking for work in Cheltenham at the latest […]

Bookkeeping and Accountancy Services Demand at Record levels

Demand for bookkeeping, accountancy and business services are at record levels. According to the Office for National Statistics’ latest research the UK unemployment rate fell to 4.4% in the 3 months to June 2017 – the lowest it has been since 1975. The employment rate reached a new record high of 75.1% and the inactivity […]

Business Services Provider in South West

Demand for Business Services Provider in South West grows. The latest figures from the Office of National Statistics shows that demand continues to grow for business services providers in Gloucestershire and the South West of England as the economy continues to increase in size. In 2015, the approximate gross value added at basic prices (aGVA) […]

Bookkeeping services demand in Gloucestershire as employers at record levels

Demand for bookkeeping services in Gloucestershire is rising as employment is at record levels. According to the latest figures from the Office of National Statistics (ONS) for the 3 months ending April 2017, the highest employment rate in the UK was in the South West (79.1%) and the lowest was in Northern Ireland (68.8%). For […]

Record number of UK workers- official stats show

The Office for National Statistics have announced a record number of UK workers. Of the 20.7 million households (where at least one member is aged 16 to 64) in the UK, 11.9 million (57.6%) had all household members aged 16 and over in employment, up 160,000 or 0.7 percentage points over the past year. Growth […]