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Bookkeeping and Accounting Services In Shropshire

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The Chancellor’s vision for a lower tax economy

As part of Spring Statement 2022, Chancellor Rishi Sunk set out the government’s vision for a lower tax economy in its Tax Plan. This three-part plan to strengthen our economy covers the remainder of the Parliament. Sunk says it will: help families with the cost of living it will support growth in the economy and it will ensure the proceeds of growth are shared fairly. […]

Why bookkeeping is here to stay

Why bookkeeping is here to stay

Although we are in the fourth industrial revolution and entering the age of artificial intelligence (AI), is bookkeeping here to stay? Although computers will probably be taking over a lot of jobs if they haven’t already, will bookkeeping become automated? If bookkeepers go about their careers right, the answer is a resounding no. What’s the Current State of AI? AI is changing the world as […]

Julie-Williams-Company-Director

The Hollies Bookkeeping celebrates 12 years in business

Julie Williams, Director of The Hollies Bookkeeping is celebrating 12 years since took the plunge to become a bookkeeper in Shropshire. Julie has worked in accountancy roles since 1996, working with various industries all around the country. When she moved back to Shrewsbury in 2003, she decided to start home-study with the Institute of Certified Bookkeepers and gained her qualifications in Bookkeeping and Payroll both […]

The Bank of England (BoE) has raised interest rates

The Bank of England (BoE) has raised interest rates

The Bank of England (BoE) has raised interest rates for the second time in three months to 0.5%. The BoE Monetary Policy Committee (MPC) confirmed it voted by a majority of 5-4 to increase Bank Rate by 0.25 percentage points, to 0.5%. It also revealed those members in the minority preferred to increase Bank Rate by 0.5 percentage points, to 0.75%. The news comes as […]

P11D deadline July 6

Self-Assessment deadline moved to end of February

Incase you hadn’t heard the news and are still either putting off your self-assessment or frantically trying to get things together to file, the Self-Assessment deadline has ‘effectively’ moved to the end of February. The Government has announced that late payment penalties are to be waived for one month. They are still encouraging everyone to aim to file by January 31, 2022. But people won’t be […]

HMRC say tax phone scams have increased by 21%

HMRC say tax phone scams have increased by 21%

A new HMRC update says that tax phone scams have increased 21 percent on last year, with nearly 800,000 tax-related scams reported in total. A whopping 360,000 of those have been fake tax rebates, approximately. As we draw closer to the Self-Assessment deadline on January 31, 2022, HMRC is warning that the self-employed should be on their guard. Here are some things to watch out […]