
Accountants in Wirral - Stanhope Accountancy
Welcome to Stanhope accountancy and advisory, accountants in Wirral, providing a personalised service to local business owners and individuals.
For help with any of your accountancy and tax needs, please give us a call. All initial consultations are free of charge.
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Latest Tax News 
March 2023
- Relief for mortgage interest on let properties
As an individual landlord you can‘t deduct finance costs, including interest, from your residential property rents for tax purposes. Instead, you get tax relief for those costs as a basic rate...
- HMRC homes in on Airbnb landlords
Online platforms such as Airbnb are now obliged to provide HMRC with data about the payments it makes to individuals who let rooms on a short-term basis. HMRC is matching that data to tax returns and...
- Planning your profit extraction
In his Autumn statement in November 2022 Chancellor Hunt announced cuts to the dividend allowance and the additional tax rate threshold, where individuals start to pay tax at 45%. You need to take...
- Plugging NIC gaps
Many people don‘t realise that they have significant gaps in their National Insurance Contribution (NIC) record, and as a result they won‘t be entitled to the full state retirement...
- March Questions and Answers
My company is buying an electric car for me to use for business and private journeys. In truth there will be very few business journeys. Can the company still claim the 100% first year allowance,...
- March Key tax dates
2 - Where income tax, CGT, class 2 NIC or class 4 NIC remains unpaid for 2021/22 a 5% penalty is imposed. This penalty can be avoided if a time to pay arrangement is agreed in advance with HMRC....
- Spring Budget - 2023
Chancellor Hunt billed his Budget as a Budget for growth with emphasis on fixing problems in the labour market alongside improving business investment and innovation...
BBC Business News
- Deutsche Bank share slide reignites worries among investors
Worries over the financial strength of the sector persist, with Deutsche Bank shares down 14% at one point.
- Bank governor warns firms raising prices ?hurts people?
Andrew Bailey tells the BBC price rises will fuel inflation and hurt the least well off.
- UK retail sales boosted by second-hand and discount stores
Retail sales rose strongly last month as cash-strapped shoppers looked for cheaper options.
- Average Treasury worker 34 despite over-50s back to work push
Over-50s are being urged to work but just 10% of Treasury staff are that age, the BBC has learned.
- Do Kwon: Fugitive 'cryptocrash' boss arrested in Montenegro
Terraform Labs' Do Kwon has also been charged with fraud by US prosecutors.