Jackson JMR - Part of the K2 Accountancy Group

27/09/2024

As we prepare for the upcoming Budget, Chancellor of the Exchequer, Rachel Reeves, has outlined her plans to reform and modernise HMRC.

Lets take a look at the implications...

As the UK prepares for the upcoming Budget on 30 October 2024, Chancellor of the Exchequer, Rachel Reeves MP, has outlined her plans to reform and modernise

26/09/2024

Please join us in wishing Candi De Vivo a very happy birthday!

Candi is a Tax Specialist based at our Nottingham office.

Outside of work he is an incredible 10 pin bowler and loves a round of golf at the weekend.

25/09/2024

Anti-money laundering (AML) supervision continues to face challenges, with significant improvements still required according to a new report...

Anti-money laundering (AML) supervision continues to face challenges, with significant improvements still required among professional body supervisors (PBSs),

16/09/2024

If your income exceeded £200,000 in the 2021/22 tax year, it’s essential to be aware of new communication from HMRC.

Let's take a look together...

If your income exceeded £200,000 in the 2021/22 tax year, it’s essential to be aware of new communication from HMRC. The tax authority is reaching out to high

11/09/2024

Taxpayers with student loans who also receive payrolled benefits in kind need to be particularly cautious when completing their self-assessment (SA) tax returns.

The ICAEW has issued a warning to ensure that taxpayers avoid being overcharged on their student loan repayments.

Taxpayers with student loans who also receive payrolled benefits in kind (BIK) need to be particularly cautious when completing their self-assessment (SA) tax

10/09/2024

As new Corporate Sustainability Reporting Directive (CSRD) regulations come into effect, businesses are facing heightened scrutiny over their sustainability reporting. Let's take a look at how we can help you navigate this:

As new Corporate Sustainability Reporting Directive (CSRD) regulations come into effect, businesses are facing heightened scrutiny over their sustainability

09/09/2024

The ICAEW has recently raised concerns about the government’s proposed changes to the tax treatment of carried interest, warning that such reforms could have significant consequences for the private equity industry.

The Institute of Chartered Accountants in England and Wales (ICAEW) has recently raised concerns about the government’s proposed changes to the tax treatment

05/09/2024

In light of HMRC’s intensified efforts to address National Minimum Wage non-compliance, small and medium-sized enterprises (SMEs) now need to navigate increasingly complex requirements.

In light of HMRC's intensified efforts to address National Minimum Wage (NMW) noncompliance, small and medium-sized enterprises (SMEs) face increasingly

29/08/2024

Please join us in wishing David Jackson a very Happy Birthday!

David is a senior tax accountant based at our Grantham offices.

Outside of work, David is a keen scuba diver and travels all over the world to dive at the most picturesque locations.

28/08/2024

Here’s an important update on a recent case involving HMRC and a deathbed tax planning scheme. This case highlights the impact of procedural errors on tax appeals and the importance of accuracy when dealing with HMRC.

A Costly Administrative Mistake: HMRC Loses Inheritance Tax Appeal Due to Procedural Error

27/08/2024

If you or someone in your household earns more than £50,000 a year and receives child benefit, this notice is for you. Here’s what you need to know to stay compliant and avoid potential penalties.

Reminder for High Earners: Check Your 2022/23 Tax Return for the High Income Child Benefit Charge (HICBC)

22/08/2024

We had a fantastic Annual K2 Company Day yesterday at Delta Hotels by Marriott Breadsall Priory Country Club.

Each year we get the whole team together and go through our achievements, plans and ambitions for the future of the K2 Accountancy Group.

It has been a fantastic day of engaging presentations, team building and sharing ideas.

Thanks to Breadsall Priory for the wonderful hospitality.