News & Events

Tax Credits Renewal

Tax Credits Renewal The deadline for renewal is 31 July 2012. If you don’t...

Read more

Frequently asked questions from employers

As Employment legislation is daunting for many managers and continuously changing we have asked...

Read more

What is the relevant date for Capital Allowances?

What is the relevant date for Capital Allowances?

Capital allowances are available on most purchases of plant and machinery, long life assets,...

Read more

Can a self employed person claim the cost of a pair of glasses as a business expense?

Can a self employed person claim the cost of a pair of glasses as a business expense?

An initial reaction to the above question is that HMRC would be unlikely to...

Read more

Castlewellan Office Relaunch

MB McGrady & Co is pleased to announce the relaunch of its Castlewellan Surgery Office on Monday 14th of May. The office which has been established for over 30 years will be relocated to The Lodge Business and Cultural Centre in Castlewellan and will be open every Monday (except Bank Holidays) from 1pm-4pm. The surgery … Continued

Company Wind Up

Prior to 1 March 2012 there was a relatively straight forward way for shareholders to wind their company up and withdraw the remaining funds.  Under Extra Statutory Concession C16 (ESC C16) it was possible, on giving of certain assurances to HMRC, for the distribution made on a winding up to be treated as a capital … Continued

New HMRC rules to prevent deliberate non-payment of PAYE

Starting from 6 April 2012 HMRC will be able to ask employers to pay a financial security if they think there is a serious risk that the employer will not pay their PAYE tax deductions or National Insurance contributions on time. This financial security will be determined individually depending on the amount of tax at … Continued

« Previous PageNext Page »