by Joanna Udall | Feb 20, 2024 | 2024, February, CK Newsletter
CONSTRUCTION INDUSTRY TAX COMPLIANCE New change raises the bar for gross payment status (GPS). GPS allows subcontractors to be paid gross under the construction industry scheme (CIS), without deduction of withholding tax. To gain GPS, there are currently three tests....
by Joanna Udall | Feb 9, 2024 | 2024, February, CK Newsletter
CASH BASIS CHANGE MEANS CHOICE FOR UNINCORPORATED BUSINESSES Rules extending use of the cash basis to calculate trading profits need consideration now. At present, accounts for the self-employed and partnerships are taxed on the accruals basis, unless the business...
by Joanna Udall | Nov 3, 2023 | 2023, October, CK Newsletter
CK SYSTEMS NEWS Pegasus release AP for SQLse With accounting admin staff’s time becoming more and more pressed in recent years there has been a growth in the area of automating some of the more mundane accounting processes. A very high percentage of businesses, in an...
by Joanna Udall | Nov 3, 2023 | 2023, October, CK Newsletter
OWN NEWS A few weeks ago we closed the office and headed off to the Black Country Living Museum for a staff day. We spent a lovely afternoon trying to solve challenges with the Crystal Maze event from GoToEvents, it was a really fun afternoon and the challenges were...
by Joanna Udall | Oct 17, 2023 | 2023, October, CK Newsletter
GDPR RIGHT OF ACCESS: NEW GUIDANCE Under the General Data Protection Regulation (GDPR), individuals have the right to a copy of the personal data that your organisation holds about them. This is often known as a subject access request (SAR). The Information...
by Joanna Udall | Oct 17, 2023 | 2023, October, CK Newsletter
HMRC DETECTIVE WORK MEANS TAX BILL FOR EBAY TRADER Online sales: one of those areas where awareness of tax is often low. On the one hand, someone with a day job and a sideline on eBay, who didn’t think he had any trading income. On the other hand, a bill for over...
