News | Ion Partners Accountant
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 […]
August 26, 2024
Tips at Work: Key Tax Rules and Obligations in the UK
Understanding Tips at Work and Their Tax Implications Tips received at work do not contribute to your earnings for calculating the National Minimum Wage. However, you […]
August 8, 2024
Living Wage rates to be overhauled
In a significant move to enhance workers’ financial well-being, the government has revamped the remit of the Low Pay Commission (LPC). This update ensures that, for […]
July 31, 2024
Understanding Potentially Exempt Transfers and Inheritance Tax Implications
When considering making significant lifetime gifts, it’s essential to understand the rules surrounding Potentially Exempt Transfers (PETs) and their implications for inheritance tax (IHT). What Are […]