News

HMRC’s increased powers for spotting ‘invisible income’

HMRC’s increased powers for spotting ‘invisible income’

Date posted: 19th May 2025

HMRC can enquire into any tax return and request information to establish whether that return is correct.

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New thresholds for off-payroll working

New thresholds for off-payroll working

Date posted: 19th May 2025

The off-payroll working rules apply where a worker provides their services to a medium or large private sector company or to a public sector body through an intermediary

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Benefits of filing your 2024/25 tax return early

Benefits of filing your 2024/25 tax return early

Date posted: 19th May 2025

As the 2024/25 tax year has now come to an end, individuals who need to file a Self Assessment tax return for that year can now do so.

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Payrolling of benefits – DELAYED

Payrolling of benefits – DELAYED

Date posted: 19th May 2025

HMRC are introducing a requirement to submit benefits in kind values via a company’s payroll.

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Is a payroll scheme required for low earners?

Is a payroll scheme required for low earners?

Date posted: 19th May 2025

A formal payroll scheme is operated by most companies, as they need to declare the national insurance and tax deducted from employees as well as the employer’s national insurance due.

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EXPANSION FOR CLIVE OWEN LLP’S CORPORATE FINANCE DIVISION

EXPANSION FOR CLIVE OWEN LLP’S CORPORATE FINANCE DIVISION

Date posted: 14th May 2025

One of the North’s leading independent accountancy and business advisory firms has strengthened its Corporate Finance division amid a surge in transactional activity.

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Yorkshire Shadow MPC – May 2025

Yorkshire Shadow MPC – May 2025

Date posted: 7th May 2025

Experts from different sectors in and around York took part in the Yorkshire Shadow MPC

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Clive Owen LLP named a finalist at prestigious regional awards

Clive Owen LLP named a finalist at prestigious regional awards

Date posted: 6th May 2025

We are delighted to share the incredible news that we have been named a finalist in the Independent Accountancy Firm of the Year category at the prestigious North…

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Artech Lighting ‘shines even brighter’ following strategic acquisition of Powerlite Fitzgerald

Artech Lighting ‘shines even brighter’ following strategic acquisition of Powerlite Fitzgerald

Date posted: 28th Apr 2025

Clive Owen LLP has supported the expansion plans of a leading international lighting manufacturer. County Durham-headquartered Artech Lighting has completed the successful acquisition of Keighley-based Powerlite Fitzgerald, further…

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Big News for Small Businesses – Changes to UK Company size thresholds

Big News for Small Businesses – Changes to UK Company size thresholds

Date posted: 25th Apr 2025

New monetary thresholds will apply to accounting periods commencing on or after 6th April 2025. The changes will primarily impact micro, small and medium sized companies and limited liability partnerships.

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