Our Blog

Feb 24, 2016

Your Questions Answered

Here at Yorkshire Accountancy we are often asked questions. We pride ourselves on being there for our clients, and answering queries is just one of the ways we can do this. Q: What is the living wage, and do I have to provide it? A: The National Living Wage is currently a voluntary hourly rate,

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Feb 19, 2016

Reducing Your Tax Bill – What You Need To Know

On 5th April you’ll need to pay. Pay your tax bill, that is. And although you’ve planned for it, saved for it, made sure you remember that it’s got to happen, sometimes it can still be a bit of a surprise – not to mention a shock when those figures come rolling in. The good

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Feb 16, 2016

LLP or LTD? Things to Consider When Setting Up Your Own Business

So you’re setting up your own business, and it’s been fairly smooth sailing – as far as these big decisions can be anyway – but now you’ve hit a slight snag; should you be an LLP or Ltd? The here and now might hot help you at this point – the choice between being a

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Feb 11, 2016

What Is PAYE?

PAYE (which stands for Pay As You Earn) is a way of paying your national insurance contributions and income tax without you as an employee having to do anything about it. As an employer, your payroll person or your accountant (if you use a payroll person, and if your accountant deals with payroll issues) will deduct

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Feb 9, 2016

Where Does Your Accountant Work?

Where does your accountant set up shop? Well, if you’re with us at Yorkshire Accountancy, you’ll know we’re based in the stunning village of Cottingham, just outside Beverley. It’s quirky and charming, and we love it. And thanks to the Internet, we’ve got a nationwide reach. Other accountants across the world have decided that having

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Feb 4, 2016

Is The Idea of Flat Rate Pension Tax Relief A Good One?

Chancellor George Osborne has always – so he says – wanted a tax system that was simpler for the general public and companies alike to comprehend (and therefore get right). But so far that hasn’t happened. In fact, if anything, the tax system is now even more complicated than ever before (which is why accountants

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Feb 2, 2016

Will There Be A Decrease in the Scottish Income Tax Rate?

Higher earners in Scotland (those who earn over £42,385) pay a 40p income tax rate – just like those in the rest of the UK. However, now that Holyrood has new tax powers (which come into effect in April), Ruth Davidson (the Scottish Tory leader) wants to lower this rate in order to ease the

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Feb 2, 2016

A Record Breaking 2016 (Already!)!

We’re only a few days into 2016, and it’s already a record breaking year. We’re not here to tell you that X is the best film of 2016 (in January), or that the best-selling music download is Y (although we’re fairly certain that if you typed those questions into Google someone somewhere would be able

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Feb 2, 2016

Mexico, You’re Doing It Right: The Mexican Soda Tax

Mexico had a problem – the country’s obesity rate is the second highest in the world, with only America topping the scales. So the government decided that something had to be done; something drastic. One year ago, that drastic something happened; a tax was put on sugary, fizzy drinks. It was one of the highest

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Feb 2, 2016

Where Is Google’s Money Going? Not To the UK!

As we’re sure you’re aware (it’s been all over the news), Google’s tax payments are a hot topic again; and that’s thanks to a worldwide web of loopholes that mean the French government are set to be paid £380m, even though the UK is where Google have most staff and biggest base outside America. Google

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