Being a trustee comes with additional obligations now, even if the trust is not liable to pay tax, so trustees need to ensure that they are up to date with what is expected of them. My last blog on this subject was August 2020 and since then HMRC have been developing...
On the 27 June 1946, Morris Owen opened a bank account with HMRC and started trading as an accountant under the name Morris Owen & Co, having previously been in a partnership with a Mr. Aldermen for around 14 years. 75 years later, the Partners are proud that we...
Have you claimed any Self-employment income support (SEISS) grants for 2020/2021? Are you sure that the figures you have entered, or intend to enter, on your tax return are correct and have been entered in the correct box on the return? HMRC have powers available to...
“I read a fascinating article today based on research by Scottish Widows, which looked at the impact the Covid-19 pandemic has had on the NHS, as well as what its future impact might be. It suggests that a high proportion of people have deferred booking medical...
On the 3 March Budget this year we saw very few tax increases, perhaps unsurprising given we were still in the midst of the second wave of Covid-19. The one increase that did hit the headlines however was to Corporation Tax, with an increase from 19% to 25% from 1...
As Morris Owen look to reach their 75th year in business this month, they will also say a fond farewell to their long serving senior partner Dave Bond. Dave joined the firm in 1976 and went on to qualify as a Chartered Accountant in 1983 before then becoming a partner...
