News
Upcoming changes to UK audit thresholds – what businesses need to know
From 6 April 2025, the thresholds determining whether a company requires a statutory audit in the UK are set to increase.
14/03/2025
News
How far back can HMRC assess under-declared taxes?
From income tax to VAT, HMRC has specific time limits for issuing tax assessments.
09/03/2025
News
Newsletter – March 2025
Read our March newsletter to keep you up to date with the latest issues.
05/03/2025
News
Promotion success at Exeter accountants Streets Bush
Exeter based accountancy firm Streets Bush has announced a new Associate Director promotion.
11/11/2024
Insight
Key Insights from Chancellor’s 2024 Autumn Statement
Chancellor Rachel Reeves delivered the government’s Autumn Budget on Wednesday 30 October 2024. She pledged to ‘invest, invest, invest’ to drive growth and ‘restore economic stability’. View the statement summary here.
31/10/2024
News
Using cash basis accounting
There are important changes to the rules on cash basis accounting, aimed at driving many more businesses into using the scheme.
30/10/2024
News
2024 Autumn Statement, Webinar invitation
The Chancellor, Rachel Reeves, will present her first Budget under the new Labour government in the House of Commons on Wednesday 30th October 2024.
29/10/2024
News
Exeter based accountancy firm Bush & Co merges with national firm Streets
Exeter based chartered accountancy firm Bush & Co has merged with UK wide firm Streets Chartered Accountants and the combined firm will be known as Streets Bush Limited.
10/10/2024
News
HMRC’s Updated Time to Pay Arrangement Limits
From the end of last year, HMRC has raised the maximum tax debt eligible for online Time to Pay arrangements. The new limits are £30,000 for individuals and £50,000 for businesses.
Taxpayers who are unable to settle their tax bills can apply online to arrange a Time to Pay plan with HMRC. This option is available for individuals with self-assessment (SA) liabilities, employers with PAYE (Pay As You Earn) debts, and businesses with unpaid VAT bills.
According to HMRC’s guidelines, the criteria for applying for a payment plan online are as follows:
29/07/2024
Insight
Protect Yourself Against Fraud
In today’s digital age, fraudsters continue to evolve, using increasingly sophisticated methods to deceive individuals and businesses alike. One of the most common tactics is imitating trusted government authorities such as HMRC and Companies House. These fraudsters aim to persuade unsuspecting victims to make spurious payments or divulge sensitive information. At Bush & Co Accountants, we want to help you stay vigilant and protect yourself from these scams.
05/06/2024