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Tax Rates 2020/21
Introduction We have summarised the key rates and allowances which are fundamental to our business and personal lives. We are sure that you will find them a useful point of reference and have set out below a few examples of how they can be used. Personal tax rates As...
Hawsons are here to help COVID-19
During this difficult time Hawsons are here to help and support their clients as best they can The Government has announced new measures to help businesses through this difficult time. The first being the tax helpline to support businesses affected by coronavirus. If...
Bank of England Update for Businesses and Households
Bank of England Update for Businesses and Households During this difficult time for businesses and households the Bank of England have put together a list of sites where you can find the latest updates from the Government. The following has been circulated by the bank...
Central Government and Local Councils urged to increase funding levels to prevent job losses in the care sector
Central Government and Local Councils urged to increase funding levels to prevent job losses in the care sector Care operators continue to feel the pinch as further National Living Wage and National Minimum Wage increases set to come into force from April 2020. The...
Hawsons makes history after 165 years in business
Hawsons Chartered Accountants is 165 years old Hawsons Chartered Accountants was founded in the city of Sheffield in 1854 – more than 25 years before the creation of the Institute of Chartered Accountants in England and Wales – by Alfred Allott and John Hewett....
The Election Result: What are the tax implications?
Tax implications of the Election Result The general election has ended and the Conservatives have secured a large majority winning 365 seats. What does this mean for tax? How will the election result affect you or your business? Tax expert Craig Walker provides a...
Biggest challenge for care homes is to recruit and retain staff
According to global property adviser Knight Frank, staffing is still the most difficult challenge in terms of cost and recruitment. The ‘Care homes trading performance review – 2019’ has shown that there is a lot of difficulty in attracting qualified nurses and...
Hawsons lead in the sale of Dr Anderson Lodge Care Home
Hawsons Lead in sale of Care Home Hawsons Chartered Accountants are pleased to announce that they have completed the sale of Dr Anderson Lodge care home in Doncaster. The home provides elderly nursing and dementia care to 60 service users. Hawsons have a dedicated...
Government announces scheme to help social care providers
Government announces scheme to help socialcare providers The government has recognised the difficulty that the National Living Wage (NLW) and the National Minimum Wage (NMW) is causing for employers of social care providers with regards to sleep-in shifts and is...
Sheffield care home fee review and market analysis 2018/19
Sheffield care home fee review and market analysis 2018/19 Residential care providers received much welcomed news that local authority care fees would rise up to 19% in 2018/19 following a cost of care exercise performed by the city’s council, in consultation with...
Tax Rates 2018/2019
Introduction We have summarised the key rates and allowances which are fundamental to our business and personal lives. We are sure that you will find them a useful point of reference and have set out below a few examples of how they can be used. The cost of...
Report finds almost half of workers in care sector leave job within a year
Report finds almost half of workers in care sector leave jobs within a year The Government has been called upon to address the pressing threats to social care provision, after a report found that almost half of care workers leave their job within a year. The study,...
Report shows one in 10 councils cut social care funding
Report shows one in 10 councils cut social care funding A think tank has found that one in 10 councils have cut funding to social care, and has caused protesters to say that the system can no longer cope with the increasing demand. According to the Institute of...
What businesses need to know about the new GDPR
What businesses need to know about new GDPR The General Data Protection Regulation (GDPR) is set to come into force from May 2018. It will replace the current Data Protection Act and is the biggest overhaul of data protection legislation for over 25 years. GDPR will...
Input Tax – Beware of the pitfalls!
VAT expert Tony Nickson outlines the pitfalls to avoid when reclaiming input VAT. 1. Reclaims for purchases made before VAT registration It is important to ensure that the maximum amount of input VAT is reclaimed on your business expenditure. This includes input tax...
The Election result: What are the tax implications?
The Election result: What are the tax implications? The general election has ended in a hung parliament – the Conservative party have the most seats but do not have an overall majority. Theresa May has announced that she will form a government with the support of the...
Figures reveal 900 carers quit every day as social care system faces difficulty
Figures reveal 900 carers quit every day as social care system face difficulty Figures have revealed that in England last year, more than 900 adult social care workers quit their job every day. These growing staff shortages are putting vulnerable people at risk of...
Care home 2017 Budget review and analysis
Care home 2017 Budget review and analysis The Chancellor Philip Hammond presented the last Spring Budget on Wednesday 8 March 2017. In his speech the Chancellor was keen to point out that he wanted the tax system to be fair, particularly in relation to the...
Sheffield care home fee review and market analysis 2017/18
Sheffield care home fee review and market analysis 2017/18 Following the introduction of the new National Living Wage on 1st April, this years care home fee review brings mixed feelings for the sector. While the increase is welcome, it is felt that it is not enough....
National living wage – rising wage costs for employers
The National Living Wage From 1 April 2016, following the introduction of the new National Living Wage, all workers aged 25 and over are legally entitled to at least £7.20 per hour. This was, however, until the Chancellor delivered his Autumn Statement, where he...
Small business 2017 Budget review and analysis for SMEs
Small business 2017 Budget review and analysis for SMEs The Chancellor Philip Hammond presented the last Spring Budget on Wednesday 8 March 2017. In his speech the Chancellor was keen to point out that he wanted the tax system to be fair, particularly in relation to...
Tax Rates and Allowances 2017/18
Tax Rates and Allowances 2017/18 Many of the tax rates and allowances are fundamental to our business and personal lives and the most important ones for the 2017/18 tax year are summarised here. We are sure that you will find it a useful point of reference throughout...
How is your care home performing?
How is your care home performing? All care home managers and owners ought to know how their business is performing against its competitors. We realise that each home is different but an analysis of margins, costs etc. against the competition can help highlight areas...
Care sector 2016 review – What does the future hold?
Care sector 2016 review - What does the future hold? Scott Sanderson, Partner at Hawsons and Care Home Specialist gives his thoughts on the events of the past year: “Throughout 2016 the care sector continued to be challenging for operators, with staffing shortages in...
Care Home Autumn Statement review 2016
Care Home Autumn Philip Hammond delivered his Autumn Statement on Wednesday 23rd November 2016. His speech set out both tax and economic measures the government will implement. In this article, we summarise the key points arising from the Autumn Statement and focus...
The Autumn Statement 2016 predictions
The Autumn Statement 2016 predictions The Autumn Statement 2016 on Wednesday is set to be an important event. It will be the Chancellor’s first opportunity to outline his plans for taxes & spending in the wake of the Brexit vote. But what tax changes can we...
5.2% reported increase in care home fees
5.2% reported increase in care home fees Care home fees have seen a substantial increase, rising by over £1,500 over the past year, according to national provider Prestige Nursing Care. This years growth rate is the largest since the company began collecting data four...
New polymer banknotes start circulation with £5 note
New polymer banknotes start circulation with £5 note The 13th September marked the first day of the brand new polymer banknotes being issued. The £5 note is the first of the banknotes to be launched in England and Wales. The polymer made banknotes are much more...
Advice on buying or selling a care home – key considerations
Advice on buying or selling a care home If you are about to purchase a new care home or embark on the sale of an existing care home, this article is a worthwhile reminder of some of the key accounting and tax-related considerations you should be thinking about....
Care home Minimum Wage and Living Wage update
The government announced increases to the National Minimum Wage, effective 1 October 2016, after accepting recommendations for the new rates from the Low Pay Commission (LPC). The main National Minimum Wage rate (for 21- 24 year olds) will rise by 3.7% from £6.70 to...
