News

The farming industry, along with its importance, trials and tribulations that accompany the profession, has recently become a topic of discussion thanks to Jeremy Clarkson’s 2021 series ‘Clarkson’s Farm.’ As an East Anglian accountancy firm operating for over 50 years, we know the struggles farmers face, inside and out, and on behalf of agricultural workers, […]

Yesterday afternoon, Chancellor Rishi Sunak delivered the 2021 Autumn Budget and Spending Review, outlining the government’s spending plans for the next three financial years. We understand you may wonder how the changes announced in the budget will affect your business, so we’ve outlined three key factors that could make an impact. Taxation National Insurance As […]

Capital Gains Tax, often referred to as CGT, is a tax applied to the selling of an asset you own. You pay tax on the gain, not the amount you sold it for, hence the name Capital Gains Tax. What is capital gains tax? Capital Gains Tax is the amount payable on the profit when […]

Regardless of the business size and longevity of its operations, cash flow forecasting holds an integral role in decision making. It’s all well and good that business owners (like yourselves) know the ins and outs of their company, especially when it comes to future expectations of your profit and loss accounts.  However, what you would […]

The UK government’s furlough scheme, which has been protecting millions of jobs during the COVID-19 pandemic, officially came to an end today after 18 months. At the beginning of the Coronavirus Job Retention Scheme (CJRS), the UK government paid 80% towards the wages of those who were unable to work, or whose employers could no […]

Aston Shaw celebrates this week after once again obtaining the highly sought-after ‘Platinum ACCA Approved Employer’ status.  In May, the company participated in the ACCA Approved Employer Review, and we are delighted to confirm that we have retained our ‘platinum’ level status for a further three years – the highest obtainable award.  The ACCA Approved […]

Cybercrime has been a long-standing issue, and we have only seen it grow since the beginning of the pandemic. The BBC have reported that investment scams have quadrupled since virus lockdown. Your financial security is our priority, so we’ve put together some information that can help you identify suspicious activity in the digital world. The […]

In a bid to help fund health and social care costs, National Insurance contributions (NICs) and dividend tax rates will rise from April 2022 National Insurance Contribution changes from April 2022 Employees will pay 1.25% more on National Insurance (NI) from April 2022. A recap on who pays NI: All employees on their salaries (those […]

We get asked this question a lot. So often in fact that we decided it’s a subject worth covering in a blog. In most cases, there is a simple answer to this question. If you are not a UK resident, you won’t need to pay tax in the UK. If you are a UK resident, […]

Aston Shaw has been celebrating this week, as longstanding team member and tax specialist, Chris Lock, has recently qualified as a Chartered Tax Advisor (CTA). Chris started his career with us in 2015, during which time he has completed all his qualifications, including MAAT and ACCA. During this time, he has developed relationships with a […]