News | Ion Partners Accountant
January 14, 2025
Is Your Trade in Goods or Services Considered a Business?
Are you selling goods or services? It’s essential to determine whether HMRC considers your activity a business. Understanding their rules on ‘trading’ can help you meet […]
November 17, 2024
Chancellor’s Announcement: Minimum Wage Increase 2025 and Key Changes Explained
The Chancellor of the Exchequer, Rachel Reeves, has announced substantial increases in the Minimum Wage rates, to take effect from April 1, 2025. This announcement was […]
November 6, 2024
Autumn Budget 2024: Alcohol and Tobacco Duty Changes
The Autumn Budget 2024 brings significant updates to duty changes for alcohol and tobacco products, as announced by the Chancellor. Here’s a summary of the key […]
November 5, 2024
Autumn Budget 2024- summary
The long-awaited, much anticipated and dreaded first Budget of the new Labour government was delivered to Parliament on 30 October 2024 – by the Chancellor, Rachel […]
October 24, 2024
Changing a Company’s Year-End Date: Rules and Considerations
Changing a company’s year-end date (also known as the “accounting reference date”) can offer several potential benefits, such as trading or tax advantages. Changing a company’s […]
October 3, 2024
Top 10 Accounting Tips for Small Businesses in Herne Bay to Manage Seasonal Finances
Running a small business in Herne Bay presents unique challenges, especially with its tourism-driven economy. From fluctuating income to managing VAT, local businesses must adapt their […]
September 27, 2024
Kickstarting Your Business: Essential Accounting Tips for Startups in Herne Bay
Starting a new business in Herne Bay is both exciting and challenging. With its coastal charm and growing entrepreneurial scene, Herne Bay offers numerous opportunities for […]
September 11, 2024
Guide to Employing Under 16-Year-Olds and Young Workers
Hiring young workers or employees under the age of 16 requires employers to comply with specific legal obligations, including proper tax deductions and ensuring employee rights. […]
September 4, 2024
Understanding Late VAT Returns Penalties: How to Avoid Fines and Stay Compliant in 2024
Understanding the New Penalties for Late VAT Returns and Payments The rules governing penalties for late filing and payments of VAT (Value Added Tax) returns have […]