d Strathmore Accountants | Strathmore

A team you can rely on

Strathmore Accountants is an innovative, accountancy, tax and business advisory practice servicing both individual and corporate clients across the whole of the UK.

Compliance

Our highly experienced team covers many sectors including legal, manufacturing and healthcare.

Business Advisors

Our promise to each and every client is that we will be your most trusted and dedicated advisors.

Finance and Funding

Finance, funding and business support services aimed at helping you whatever your requirement.

What we Do

Individual & Corporate Accounting Services

Strathmore Accountants is an innovative, accountancy, tax and business advisory practice established in 2007 and based in Greater Manchester but servicing the whole of the country.
We take pride in offering a hands-on, proactive approach to supporting our clients; whether you simply need to file an annual tax return or require more frequent advisory and accounting support; we are here to help you.
Our promise to each client is that we will be your most trusted advisor by demonstrating at every opportunity, that we understand your needs and concerns.

OUR TEAM

Our team takes the time to get to know every client and understand their requirements, so whether that is accountancy and financial support, tax compliance or consultancy / advisory, our personal service provides you with a solution to fulfil your requirements.

Please take a look at our website for an overview of our services but if we can help in any way – whether it be with a specific service, or if you need some advice – please contact us on 0161 219 1850.

 

Taxable and non-taxable State Benefits

Whilst there are a large number of state benefits available, it is not clear which of these benefits are taxable and which are tax-free.

HMRC’s guidance provides the following list of the most common state benefits that are taxable, i.e., Income Tax

Child benefit for 16 to 19 year olds

The child benefit rates for the only or eldest child in a family is currently £25.60 and the weekly rate for all other children is £16.95.

Taxpayers entitled to the child benefit should be aware that HMRC usually stop paying child benefit on the 31

When you cannot use the Property or Trading Allowances

Two separate £1,000 tax allowances for property and trading income were introduced in April 2017. If you have both types of income highlighted below, then you can claim a £1,000 allowance for each.

The £1,000 exemptions from tax apply to:

If you

Ordering documents from Companies House

Companies House offers interested parties the ability to order certified copies of certificates and documents held on the Companies House register.

You can order:

a company certificate with certified facts; or
a certified copy of a document held

Gains on sale of shares

Capital Gains Tax (CGT) is normally charged at a simple flat rate of 20% (but see comments below) when you sell shares unless they are in a CGT free investment such as an ISA or qualifying pension. Your gain is usually the difference between what you

The NIC Employment Allowance

The Employment Allowance benefits eligible employers by reducing their National Insurance liability. The current allowance is £5,000. An employer can claim less than the maximum if this covers their total Class 1 NIC bill.

The allowance is only

The new Chancellor’s first speech

The Chancellor has promised to take immediate action to fix the foundations of the economy, rebuild Britain and make every part of the country​ better off.

In her first speech as Chancellor, Rachel Reeves pledged to leaders of some of the UK’s

Responding to a personal data breach

The Information Commissioner’s Office has a simple guide that explains what you need to do in the 72 hours following a data breach.

The seven step approach advocated is set out below:

Step one: Don’t panic

It’s understandable if you’re concerned

Business VAT responsibilities

The taxable turnover threshold that determines whether businesses should be registered for VAT is currently £85,000. Businesses with turnover below this level can also apply for a voluntary VAT registration.

Businesses charge VAT on their sales.

Inheritance and tax

As a general rule, an individual who inherits property, money or shares is not liable to pay tax on the inheritance. This is because any Inheritance Tax (IHT) due should be paid out of the deceased’s estate before any cash or assets are distributed

Latest News

Ordering documents from Companies House

Companies House offers interested parties the ability to order certified copies of certificates and documents held on the Companies House ...

Taxable and non-taxable State Benefits

Whilst there are a large number of state benefits available, it is not clear which of these benefits are taxable ...

Gains on sale of shares

Capital Gains Tax (CGT) is normally charged at a simple flat rate of 20% (but see comments below) when you ...

Child benefit for 16 to 19 year olds

The child benefit rates for the only or eldest child in a family is currently £25.60 and the weekly rate ...