Financial Information Archives - Merranti Accounting
Gift Aid
December 7, 2021GIFT AID Giving to charity under Gift Aid can result in a lower tax bill for the donor. Making a Gift Aid donation will reduce your tax bill for the year in which the donation is made if your total income is above the 40% threshold (£50,270 for 2021/22). Taxpayers resident in Scotland can
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Covid Government Scheme Report
November 19, 2020REPORT RELEASE: Merranti Accounting has just released their free latest report on the schemes being offered by the Government. A 12-page document that will list and explain in detail on all the potential benefits that are being offered by the Government. Get your copy here
Read MoreFake Government Grants Fraud Alert
December 15, 2017Individuals and businesses are being warned to watch out for cold calls and online contact from fraudsters who are offering victims the opportunity to apply for Government grants for an advance fee. To make the grants look legitimate fraudsters have set up bogus companies and convincing looking websites that claim to be operating on behalf
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Rise in Interest Rates for the first time in 10 years
November 10, 2017Rise in Interest Rates Last Week for the first time in more than 10 years, the Bank of England has raised interest rates. The official bank rate has been lifted from 0.25% to 0.5%, the first increase since July 2007 and according to Mark Carney, the Bank of England Governor, it is likely to
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When must a business register for VAT
October 17, 2017A business should register for VAT if their ‘Taxable Supplies’ over the past 12 months have exceeded the VAT registration threshold. From April 2017, the VAT registration threshold has been £85,000. Therefore, if at the end of any month, the total value of all the taxable supplies over the previous 12 months is greater
Read MoreThe National Living Wage, what does it mean to you and your business?
February 26, 2016As of the 1st April 2016 all employers will be required, by law, to pay all of their employees over the age of 25 (that are not in the first year of an apprenticeship) a minimum of £7.20 per hour. Anyone employed under the age of 25 will need to be earning their age appropriate minimum
Read MoreNew Budget for 2014
March 19, 2014Key points about the new budget set out for 2014, as big changes are set out for you and your future.
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