Latest News
The latest news from Hawsons Chartered Accountants in Sheffield, Doncaster, and NorthamptonLatest News
Is the UK falling behind in developing automation and robotics?
Is the UK falling behind in developing automation and robotics? The First Industrial Revolution was led by the UK in 1760 and yet there are serious concerns that the UK is falling behind other countries. This was the conclusion to a report conducted by the House of...
Charities and VAT
CHARITIES AND VAT It is wrong to assume that Charities get special VAT treatment, however they do benefit from VAT relief on the purchase of some goods and services. They can also get a VAT exemption on income from fundraising events as long as certain conditions are...
Corporate Finance Deal Review 2019
The Hawsons Corporate Finance team enjoyed another successful year in 2019, advising on over 20 deals with a combined deal value in excess of £90m. In recent years we have commented on the strong international theme that our work has entailed and 2019 was no...
Shutdown of car plants hits UK production around Brexit deadline
Shutdown of car plants hits UK production around Brexit deadline Car manufacturing declined in November as many car plants slowed down their production due to the previously expected Brexit date of 31 October. If you compare the statistics to November 2018 car output...
Minimum wage rates to rise in April
Minimum wage rates to rise in April The government has announced a 6.2% increase in the National Living Wage (NLW), which applies to workers aged 25 and over. From 1 April 2020 the NLW will rise from the current rate of £8.21 to £8.72 an hour, in the largest increase...
Budget date announced
Chancellor Sajid Javid announces 2020 Budget for 11 March 2020. The Budget is the government’s annual announcement on its plans for spending and taxation for the upcoming financial year. It will be Sajid Javid’s first Budget since he became Chancellor in July 2019 and...
UK house price growth increases by more than 1% for the first time in a year
UK house price growth increases by over 1% for first time in a year In the year 2019 house prices rose by 1.4% according to the Nationwide. In December it was the first time in 12 months the annual price growth had increased by more than 1%. However, the uncertainty...
Driving change under IR35
What is IR35? IR35 relates to the ‘off payroll working’ tax rules which were enacted to target tax and national insurance avoidance that was arising from arrangements whereby a worker would form a personal service company (PSC) or other intermediary which engaged with...
HMRC offers tips on avoiding Self-Assessment tax scams
HMRC offers tips on avoiding Self-Assessment tax scams HMRC is giving information to taxpayers to help them avoid scams ahead of the Self-Assessment deadline. HMRC is warning millions of Self-Assessment taxpayers to be aware of fraudsters in the run up to the 31...
