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Professional News

From time to time, we produce information for clients on a number of topical and important issues, some of which can be found below:

Is your business ready for the General Data Protection Regulations? - July 28, 2017
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From 25 May 2018 important new data handling regulations come into force which will affect ALL Businesses. Ignoring the new General Data Protection Regulations (GDPR) is not an option and there will be tough sanctions for those who breach them which is why you cannot afford to miss our FREE Seminar. Our seminar, in conjunction … Continue reading Is your business ready for the General Data Protection Regulations?


HMRC loses tribunal after posting correspondence to wrong address - July 28, 2017
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HM Revenue & Customs (HMRC) apparent failure to keep their address book up to date has cost them dearly, after a Tribunal sided with a businessman who claimed he had never received a notice to file. According to the gov.uk guidance, a director must register for self-assessment (SA) and send a personal SA tax return … Continue reading HMRC loses tribunal after posting correspondence to wrong address


800,000 employers risk workplace pension penalties - July 28, 2017
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Employers who have failed to set up workplace pension schemes by their staging date are risking massive fines. According to the latest figures published by the Pensions Regulator, around 800,000 small businesses have yet to auto-enrol their employees into a workplace pension scheme Businesses found to be non-compliant have either been issued with a Fixed … Continue reading 800,000 employers risk workplace pension penalties


Savings in sharp decline - July 28, 2017
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New data from the Office for National Statistics (ONS) has revealed that the proportion of UK residents’ disposable income that goes into savings has fallen to a record low. The ONS latest study found that the savings ratio, which measures the outgoings and incomings that affect households, had fallen to 1.7 per cent during January … Continue reading Savings in sharp decline


An opportunity for you and your clients to network in Spalding - July 28, 2017
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Spalding Business Club’s popular breakfast meetings continue to go from strength to strength and in August will hear from Clive Simpson editor of ROOM – The Space Journal. His enlightening talk, entitled ‘Out of this World’, will explore the cosmos and its many mysteries. The meeting will take place at Bookmark Spalding, 20 The Crescent, … Continue reading An opportunity for you and your clients to network in Spalding


MT daredevils take a leap of faith in aid of charity - July 28, 2017
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Eight colleagues from our firm recently overcame their fear of heights to raise money for the Moore Thompson Charitable Fund CIO – our in-house charity. Organised by two of the Fund’s trustees, Emma Wilson and Laura Grimer, they were joined by Louise Feaviour, Julie Green, Kirsty Holmes, Hannah Watkins, James Walsham and Jordon Wingert. Together, … Continue reading MT daredevils take a leap of faith in aid of charity


Future of MTD uncertain following election result - June 20, 2017
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Following the general election on 8 June, the resulting hung parliament continues to create uncertainty for a number of key treasury proposals, including the introduction of Making Tax Digital (MTD). MTD – along with changes to the Money Purchase Annual Allowance and Dividend Tax Allowance – were shelved after they all fell victim to the … Continue reading Future of MTD uncertain following election result


New staff welcomed to our team - June 20, 2017
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We are delighted to welcome several new members of staff to our offices across the region. Qualified Chartered Accountants Jemma Witting and Michelle Robinson have recently joined us and will work out of our Wisbech office, providing support and advice to a wide range of businesses and individuals in the town and beyond. Meanwhile, we … Continue reading New staff welcomed to our team


New rules affect furnished lettings - June 20, 2017
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Landlords should be aware of the different rules which apply to furnished holiday lets and private rented properties, as the tax implications can be enormous. Privately rented properties that are not a principal private residence, and therefore do not qualify for principal private residence relief, are normally subject to capital gains tax at 18 per … Continue reading New rules affect furnished lettings


Raising a glass in support of the Spalding Beer & Music Festival - June 20, 2017
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One of the most eagerly anticipated events in Spalding’s fundraising calendar took place over the spring bank holiday weekend. This year’s Spalding Round Table Beer & Music Festival, which was sponsored by Moore Thompson, drew crowds of people to the Castle Sports Complex. Festival goers enjoyed liquid refreshment whilst listening to a music line up … Continue reading Raising a glass in support of the Spalding Beer & Music Festival


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