Butt Miller

28/04/2022

We Are Recruiting!

We are currently looking for an experienced bookkeeper to join our friendly team here at Butt Miller. Preferably AAT qualified, but definitely someone with experience who can hit the ground running. Generally our staff join us and stay, and we are looking for someone to do just that. It is a full time role, but we would consider a job share. Please see below for more information. If you, or someone you know is interested, please send your CV and covering letter to [email protected].

We look forward to hearing from you!

26/04/2022

Does your company own residential property valued at £500,000 or more? If it does then you must submit details annually to HMRC and pay the annual tax on enveloped dwellings (ATED).

The deadline for submitting ATED Returns for 2022/23 is 30 April 2022. If you think the ATED scheme applies to you, please get in touch!

19/04/2022

The 1.25% National Insurance increase has been well publicised ahead of it taking effect from April. Whilst it represents only a modest increase in deductions for most employees, their employer is also hit by the charge as the employer NI increases by the same amount, making the total increase 2.5% on employment income.

Read more on how a simple agreement between employer and employee can help mitigate part of this charge and leave the employee in the same position in terms of their net pay packet...

The 1.25% National Insurance increase has been well publicised ahead of it taking effect from April. Whilst it represents only a modest increase in

25/03/2022

The third Spring Budget presented by Rishi Sunak was obviously intended to bring some brightness in what has otherwise been a pretty gloomy start to this year…

Read Paula's Spring Budget 2022 article here...

The third Spring Budget presented by Rishi Sunak was obviously intended to bring some brightness in what has otherwise been a pretty gloomy start to this

04/03/2022

Making Tax Digital (MTD) is here for all...

Since April 2019, VAT-registered businesses with a turnover above the VAT threshold (currently £85,000) needed to keep VAT records digitally and send returns using MTD compatible software.

From April 2022, these requirements will apply to all VAT-registered businesses, including those with a turnover below the VAT threshold.

Need to know more? Just give us a call

14/02/2022

Tax is probably the last thing on anyone’s mind when picking out a present on Valentine’s Day, but if you are making more than a small gesture, there may be a sting in the tail.

Gifts to spouses are generally tax free, however a gift to A. N. Other that requires you to dip into savings is potentially caught by Inheritance tax.

Office romances could increase potential tax implications further, as taxes related to employment may come into the equation...

If you have any thoughts or questions please do give us a call.

28/01/2022

Earlier this month HMRC announced penalties for filing the 2021 Tax Returns will be waived if you miss the 31 January deadline but the Return is with them by 28 February. Whilst you won’t pay a fine for sending the Tax Return in late, you will still incur interest on any tax owed after 31 January.

Payment Plans
For those whose businesses were hit by the pandemic and various lockdowns and therefore can no longer afford to pay their tax bill, HMRC are offering help in the form of payment plans so that you can negotiate monthly payments to clear any tax becoming due this month. You can apply for the plan either through your Government Gateway account or by calling 0300 200 3822

06/12/2021

‘Tis the season to be jolly! 🎉🎄🍾🎁🎊

After a year off the office Christmas party is coming back. Love it or hate it, staff entertainment has always played an important part in team building, but whilst the cost of entertaining employees is an allowable deduction for the business, it is not always tax free for the employee...

Find out more here: https://buttmiller.co.uk/tis-the-season-to-be-jolly/

25/10/2021

We’re so excited to be part of Camberley’s Halloween Haunt! 🧙‍♀️🕸🎃

14 pumpkins have been hidden around the town centre’s businesses. All you have to do is look for the spooky image on the pumpkin, match it to the image on the help sheet and fill out the name of the business where you found it.

You can pick up a sheet from The Square, The Atrium or print it out at home using the link below:

http://ow.ly/UBfH50Gt5Oq

Accountants aren’t normally known for their window displays so we’d love you to come and have a look at ours.

Happy Hunting!

12/04/2021

Our latest blog is all about appraisals - have a read of it on the Insights page on our Butt Miller website.

Why it’s good to listen… and learn. We hate to generalise but here goes anyway… accountants and finance professionals are quite often process driven, we

06/04/2021

If you have questions about IR35, have a read of our latest blog, or get in touch with our team at Butt Miller.
📧 [email protected]
📞 01276 25542

The rules to counter this very specific type of alleged tax avoidance were first outlined as long ago as 1999 and have actually been enshrined in law

22/03/2021

In case you missed it, here's a reminder of what the Butt Miller team thought of the 2021 Budget.

Here's our take on the 2021 budget. We asked our Butt Miller Tax Director to explain the 2021 budget, so you know what it means for you.