The Chancellor Philip Hammond presented his 2018 budget yesterday. In it he stated that the tax-free Personal Allowance (the amount you earn before you have to start paying income tax) will increase by a further £650 in April 2019 to £12,500. This will save tax payers £130 per year. For a summary of what was...Read More
We were delighted to have our 65th Anniversary featured in the Shields Gazette. We are all proud of Bill’s achievements, having started the business back in April 1953 and 65 years later we are still going strong. We’re looking forward to being of service to the business community for many years to come. To read...Read More
The team had a great evening out on Friday 21st September to celebrate Bill having been in business for 65 years. We are all proud of Bill’s achievements, having started the business back in April 1953 and 65 years later we are still going strong. During this time we have seen massive changes in the...Read More
HMRC’s deadline for ‘Requirement to Correct’ tax due on offshore assets is fast approaching. Anyone who owes UK tax related to “offshore matters” for any period up to 5th April 2017 MUST get it resolved by 30TH SEPTEMBER 2018. This is the date that HMRC will begin to receive masses of new information about offshore...Read More
Making Tax Digital (MTD) is part of the Government’s plan to streamline the UK tax system by bringing it into the digital age. This digital tax revolution will affect almost every UK business, signalling the end of paper accounting. Here at G W Dick & Co, preparations have been underway for some time, so that...Read More
Andrew attended an event at the House of Commons in May 2018 to discuss with MPs the challenges facing small business following HMRCs introduction of Making Tax Digital (MTD). Sage invited Andrew to attend and share his opinions regarding the benefits and challenges of digitisation and to offer ideas on how to improve efficiency for...Read More
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