Robinson Rice Associates

Robinson Rice Associates A new approach to all your accounting and taxation needs. We have offices in Crosby, Southport and Wirral.

RRA are at the forefront of the latest developments within our profession. We pride ourselves on technical excellence and this, coupled with accessibility, enables us to provide a service that helps to keep our clients one step ahead. We are solution focused and are able to become actively involved and add value to your business. Specialist Advice:
We provide specialist advice on all aspects of ta

x planning, including trust and estate accounts work. Independent and unbiased, we will work with you and for you at every stage of every project. We are members of Probiz Accountants and are therefore able to offer specialist tax planning strategies normally unavailable to small and medium sized businesses. RRA is in the unique position of being able to provide the Shipping Industry with the specialist tax advice it requires. Shipping attracts unusual tax treatments for ships including the option of the tonnage tax regime.

The rent-a-room scheme is a set of special rules designed to help homeowners who rent-a-room in their home to create a v...
05/04/2024

The rent-a-room scheme is a set of special rules designed to help homeowners who rent-a-room in their home to create a valuable tax free income stream. If you are using this scheme, you should ensure that rents received from lodgers during the current tax year do no exceed £7,500. The tax exemption is automatic if you earn less than £7,500 and there are no specific tax reporting requirements. Homeowners can opt out of the scheme and record property income and expenses as usual if this is beneficial.

Robinson Rice Associates

HMRC has issued an updated ‘news story’ to confirm that, where possible, new legal proceedings and pre-action letters ca...
04/04/2024

HMRC has issued an updated ‘news story’ to confirm that, where possible, new legal proceedings and pre-action letters can be served on the department using email instead of post. This measure was originally introduced in April 2020 in response to the COVID-19 pandemic. The update confirms that this is a permanent change and not just limited to COVID-19 arrangements.

Robinson Rice Associates

The rules for individuals providing services via an intermediary such as a personal service company (PSC) are complex. T...
03/04/2024

The rules for individuals providing services via an intermediary such as a personal service company (PSC) are complex. The rules apply if the worker who provides services to a client through their own intermediary would have been an employee if they were providing their services directly to that client.

Robinson Rice Associates

Earlier this month, saw the 10th anniversary of the StepChange Debt Charity’s annual Debt Awareness Week. This is design...
02/04/2024

Earlier this month, saw the 10th anniversary of the StepChange Debt Charity’s annual Debt Awareness Week. This is designed to shine a spotlight on the causes of problem debt.

Robinson Rice Associates

Carer’s credit is a National Insurance credit that can help carers to fill gaps in their National Insurance record. Care...
01/04/2024

Carer’s credit is a National Insurance credit that can help carers to fill gaps in their National Insurance record. Carers who don’t qualify for Carer’s Allowance may qualify for Carer’s Credit. This may also help carers increase their State Pension entitlement.

Robinson Rice Associates

HMRC has been forced into an embarrassing climbdown on plans to close the Self-Assessment, VAT and PAYE helplines from e...
01/04/2024

HMRC has been forced into an embarrassing climbdown on plans to close the Self-Assessment, VAT and PAYE helplines from early April until September this year. HMRC has now confirmed that these helpline changes have been abandoned following feedback from many concerned stakeholders, including MPs, accountants and members of the public. This means that the helplines will remain open as usual for the time being.

Robinson Rice Associates

The usual tax position for couples who live together with their spouse or civil partners is that property income held in...
29/03/2024

The usual tax position for couples who live together with their spouse or civil partners is that property income held in joint names is divided 50:50. This is regardless of the actual ownership structure. However, where there is unequal ownership and the couple want the income taxed on that basis a notification must be sent to HMRC together with proof that the beneficial interests in the property are unequal. This is done using Form 17 - Declare beneficial interests in joint property and income.

Robinson Rice Associates

Automatic enrolment for workplace pensions has helped many employees make provision for their retirement, with employers...
28/03/2024

Automatic enrolment for workplace pensions has helped many employees make provision for their retirement, with employers and government also contributing to make a larger pension pot.

Robinson Rice Associates

The Annual Investment Allowance (AIA) is a generous tax relief that allows for the total amount of qualifying expenditur...
26/03/2024

The Annual Investment Allowance (AIA) is a generous tax relief that allows for the total amount of qualifying expenditure on plant and machinery to be deducted from your profits before tax.

Robinson Rice Associates

The letters in your tax code signify your entitlement (or not) to the annual tax free personal allowance. The tax codes ...
25/03/2024

The letters in your tax code signify your entitlement (or not) to the annual tax free personal allowance. The tax codes are updated periodically and help employer’s work out how much tax to deduct from an employee’s pay packet.

Robinson Rice Associates

Address

30 Crosby Road North
Liverpool
L224QF

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Telephone

01519209654

Website

http://twitter.com/RobinsonRice

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