Longden & Co. Ltd

Longden & Co. Ltd Providing a personal approach to all your accounting needs, since establishment in 2001.

The process to open a company through Companies House is going to become harder as draft ID verification compliance rule...
22/08/2024

The process to open a company through Companies House is going to become harder as draft ID verification compliance rules are published.

The rules mean that in future potential business owners will have to follow much stricter requirements to prove their identity when setting up a company, which could stem the risk of fraudulent companies being created and rogue directors taking advantage of the system.

The latest development came after Companies House increased the cost of company registrations earlier this year.

Proposed amendments to the Companies Act 2006 introduce stringent identity verification for those setting up, running or controlling companies, in a bid to stamp out money laundering via fake identities.

PIP changes: Everything you need to know if you receive disability benefit.
01/05/2024

PIP changes: Everything you need to know if you receive disability benefit.

The government is looking at changing who is eligible for PIP, how decisions on it are made and the method by which recipients are compensated.

HMRC is penalising pensioners for failing to pay tiny amounts of income tax they didn't realise they owed, warns pension...
17/04/2024

HMRC is penalising pensioners for failing to pay tiny amounts of income tax they didn't realise they owed, warns pensions expert Ros Altmann.

HM Revenue & Customs is penalising pensioners who have failed to pay income tax they didn't realise they owed, a top pensions expert warns.

An estimated 637,500 state pensioners are set to be hit with a stealth tax in 2024 to 2025 as the personal allowance thr...
16/04/2024

An estimated 637,500 state pensioners are set to be hit with a stealth tax in 2024 to 2025 as the personal allowance threshold remains frozen, pushing more people into paying income tax.

HUNDREDS of thousands of state pensioners are set to be hit with a stealth tax from this month. An estimated 637,500 Brits will be pushed into paying income tax in 2024 to 2025. This is up from las…

The tax-free amount people can earn each year from dividends has been slashed by 90% since 2017-18.
09/04/2024

The tax-free amount people can earn each year from dividends has been slashed by 90% since 2017-18.

The latest cut means the total tax free amount people can earn each year from the dividends paid on shares has been slashed by 90 percent since 2017-18.

Workers have been urged not to opt out of paying into their pensions as the increase in the National Living Wage will br...
02/04/2024

Workers have been urged not to opt out of paying into their pensions as the increase in the National Living Wage will bring an unseen boost to pension contributions.

Workers have been urged not to opt out of paying into their pensions.

The Bank of England left interest rates unchanged at 5.25% on Thursday arguing that, despite figures showing inflation h...
22/03/2024

The Bank of England left interest rates unchanged at 5.25% on Thursday arguing that, despite figures showing inflation had fallen to 3.4%, it needed to see more progress.

Andrew Bailey said inflation was “moving in the right direction” as policymakers voted to leave interest rates on hold again.

Two thirds of accountants say HMRC’s poor service is having a negative impact on business, with smaller firms feeling th...
21/03/2024

Two thirds of accountants say HMRC’s poor service is having a negative impact on business, with smaller firms feeling the largest impact, according to a survey by the ACCA.

There has been a 14% increase in negative opinion towards HMRC, compared to October last year, according to the Association of Chartered Certified Accountants.

All the tax changes coming in April 2024.
20/03/2024

All the tax changes coming in April 2024.

If you're so inclined, compare this month's payslip to next month's to see if the tax taken out looks any different.

Impact of higher VAT threshold will be minimal for small firms.
14/03/2024

Impact of higher VAT threshold will be minimal for small firms.

Where Sam Fowles strips the politics from policies and asks if they solve the problem they’re supposed to. Today, raising the VAT threshold.

Companies House has announced new powers to clamp down on scammers using other people's names and addresses to file frau...
05/03/2024

Companies House has announced new powers to clamp down on scammers using other people's names and addresses to file fraudulent companies.

The highly-anticipated changes will be the most significant in the UK’s central corporate register’s 180-year history, it said.

Banks placed on alert over ‘rogue’ Companies House filings.
04/03/2024

Banks placed on alert over ‘rogue’ Companies House filings.

The trade association representing Britain's banks has told members that the UK corporate register is "urgently working" to probe hundreds of "erroneous" forms, Sky News learns.

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Stalybridge
SK152JE

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