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COVID-19 Update: Support for the self employed

On Thursday 26th March 2020, the Chancellor announced some welcome support for the self-employed to assist them through the COVID-19 pandemic.

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COVID-19 Update. VAT deferral scheme - cancel your Direct Debit urgently.

If you usually pay your VAT by Direct Debit and are unable to pay, you should cancel your Direct Debit.

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COVID-19 Business Update 23rd March

On Friday, 20th March, the Chancellor announced some of the most far-ranging peacetime financial measures which aim to further help businesses and individuals through the current COVID-19 pandemic.

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Payroll Update

The 6th April 2020 brings the start of the new payroll year and employers should be aware of a number of changes in the legislation.

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Coronavirus Update

The increasingly rapid spread of Coronavirus over the past few days has forced us to issue some immediate guidance to clients who will understandably be concerned for their business over...

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Private residential landlords. New relief on finance costs rules.

From 6 April 2020, private residential landlords will no longer be able to deduct any of their finance costs from their property income to arrive at their taxable property profits.

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ATED Filing Reminder. Don't forget the deadline is 30th April 2020

The filing and payment deadline for the 2020/21 Annual Tax on Enveloped Dwellings (ATED) returns is 30th April 2020.

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Sunak delivers Budget to meet ‘challenging times’

Chancellor Rishi Sunak delivered his first Budget, and the first since the UK’s departure from the European Union, against the backdrop of the coronavirus outbreak.

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Structures & Buildings Allowance

The structures and buildings allowance was introduced as part of the 2018 Budget. The aim of this form of tax relief is to encourage investment in the building of new structures and the renovation of existing structures, for the purpose of conducting a trade or for non-residential use.

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Payroll and VAT. Are you under declaring VAT?

Nowadays, with the complexity of pension auto-enrolment, RTI and other compliance requirements, it is quite common for one company within a group to act as a payroll bureau and to run...

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Airbnb and short term rental income

Many people boost their income through the provision of peer-to-peer accommodation rentals, using online platforms such as Airbnb.

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Changes to Capital Gains Tax on residential property disposals – effective April 2020

From April 2020, there will be some significant changes to the way that capital gains tax is calculated and paid on residential property disposals.

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"My company has used DRG for a number of years. They are proactive and efficient with all aspects of their work. They keep on top of our tax and accounting requirements, and help with the development of our business strategy.

We view DRG as a key supplier and crucially a partner and would highly recommend the firm – in particular to other fast growing businesses."

David Folkman, Director

"I’ve worked with a number of accountants over the years and have never found another company who offers the same level of care, support and professionalism. They’re always on hand to offer advice and guidance, above and beyond the service that I pay for. I would recommend them wholeheartedly."

Joe Hill, Director

"Very supportive and friendly company from day one."

Outdoor Academy

"I have always worked as an employee so when I decided to set up my own business, I did not know where to start. DRG took the time to explain how working as a sole trader would be more beneficial to me setting up a limited company (which I had always thought was a requirement for running a business). They gave me practical advice on the records I need to keep as well as general guidance on setting up my business and helped me claim a large tax refund after my first year of trading."

Sole Trader

"I have been a client through a number of different ventures with DRG since 2007. They have proved the benefits of a local firm with Big 4 experience in providing sound business and tax advice by being accessible, having in-depth knowledge of my business and able to form good working relationships at different levels with me and my staff. We also enjoy the benefit of their excellent accountancy and payroll services. I couldn’t recommend them more highly."

Paul Dunn-Sims, Halcyon Home Care

"I have been extremely impressed with the service level and attention to my business."

Sherwood Event Services

"DRG provide excellent services to Extrinsica Global that enable us to focus on our priority – growing the business."

Extrinsica Global

"A professional service at a competitive rate. Perfect for small businesses."

Design & Technical Management

"We have used DRG since our incorporation. They have supported our development providing sound business advice on top of our accounting requirements.

They are proactive and helpful in responding to queries and I would recommend them to any prospective client."

Rob Farrow, Alchemy Fireworks Ltd

"Daniel and his team at DRG provide a friendly service and are always able to explain issues in clear terms."

Kensington Communication Consultants

"An excellent service, good advice – we would recommend."

Burnham Garage