DEB Business Blog

It is again time for entries for the British Accountancy Awards - a year seems to be go by ever so quickly! DEB Chartered Accountants , aspiring to be the leading firm of accountants in Barnsley, has been extremely successful in the last two years in getting to the...

All business owners that have employees are facing the reality of having to introduce a workplace pension for their employees at a specified date called their 'Staging Date'.  You will be excused for having the feeling that you have heard this all before.  The...

Over recent years HM Revenue & Customs (HMRC) has invested significantly in developing a state-of-the-art technological system to aid its fight against tax evasion. In 2009 HMRC launched its ‘Connect’ system after it proved outstandingly successful in proof of concept...

Failure to submit certain documents, such as personal tax returns, to HMRC by a specified deadline date can result in considerable penalties. It has been widely held that obtaining a ‘Proof of Postage’ certificate is a good idea to mitigate any penalties that arise...

HMRC has published tables showing the percentages that will be applied in the calculation of company car benefit charges for the next few years. It is immediately evident from the tables that, for the majority of the CO2 emission bands, the percentage applied to the...

Historically, landlords with unfurnished rental properties were permitted to claim 100{af331c3cb52abe27a47f1f5b71fb5068c938efb8d5a4e6cddc7f2780f48bb99c} tax relief by claiming the ‘renewals allowance’ for the cost of replacing furniture. However this renewals...

We’ve all had them over the past few years…. an endless barrage of calls from legal claims companies claiming to be able to recover Payment Protection Insurance (PPI) that was mis-sold to us by banks and other credit providers. For some of us they have been simply an...

Once upon a time there was a man called Jeremy.  Jeremy was the son of Mr Clark a prominent businessman who owned a chain of clothing retailers called ‘Top Gear’.  Despite having fairly extreme views about people towing caravans, Jeremy was, on the whole, a...

It has been long-threatened, but the introduction of in-year interest being charged by HMRC on late payments of PAYE and National Insurance Contributions is now a reality. The change came into effect from the start of the 2014/15 tax year and means that from 20th May...

HMRC have won a significant case relating to motor expenses which, if not subject to a successful appeal by the appellant, Dr Samadian, is likely to be extremely bad news for business owners in general and professionals who have a home office base. The doctor in...

Great publicity has been given to the new Employer’s Allowance whereby employers can reduce their Class 1 National Insurance liability with effect from 6th April 2014 by up to £2000.  This is aimed at encouraging businesses to take on new employees where the cost of...

Business owners who own commercial properties are likely to have considerable capital allowances related to the property that they could claim to reduce their tax liabilities, but many are unaware of their existence.  These capital allowances are available on what are...