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Macalvins > Latest news and blog

Latest news and blog

Are you ready for changes to LLP salaried member rules?

Posted on 19 June 202419 June 2024

HM Revenue & Customs (HMRC) has issued its updated guidance on salaried members in limited liability partnerships (LLPs), in relation to capital contributions. Currently, LLPs incorporate elements of both partnerships…

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New accounting practices outlined for LLPs

Posted on 19 June 202419 June 2024

The Consultative Committee of Accountancy Bodies (CCAB) has released the 2024 edition of its Statement of Recommended Practice Accounting (SORP) for Limited Liability Partnerships (LLPs). CCAB is appointed by the…

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Using an iPhone? Keep an eye out for tax refund scammers

Posted on 19 June 202419 June 2024

HM Revenue & Customs (HMRC) has warned that a new wave of fraudulent text messages is targeting taxpayers using iPhones, claiming that recipients are owed tax refunds and must supply…

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The increase to Companies House fees: What you need to know

Posted on 19 June 202419 June 2024

As of 1st May 2024, Companies House has implemented revised fees, marking a significant change in the cost structure for various services. This adjustment stems from the Economic Crime and…

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New advisory fuel rates for electric company cars

Posted on 19 June 202419 June 2024

HM Revenue & Customs (HMRC) has recently announced new Advisory Fuel Rates (AFRs) that will take effect from 1 June 2024. These changes include a reduction in the Advisory Electric…

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Three great reasons to file your tax return early

Posted on 19 June 202419 June 2024

We often find that clients begin to show signs of stress when the Self-Assessment tax return deadline approaches. This is just one of the reasons we recommend you file your…

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