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Bambury and Co

The Budget – Good, Bad or Indifferent?

What’s appropriate? One of the tax changes which gained a nanosecond in the budget speech was the TCGA 92 s161(1) rule about appropriations to and from stock. Philip Hammond called this “converting capital losses into trading losses”. Why is this relevant or being tackled at this time? As part of general anti-avoidance the option to[…] Read more »

The New Marriage Allowance – Have you claimed?

It is not often that HM Revenue & Customs (HMRC) is happy to reduce your tax bill for you, but the possibility of doing so this year seems to have been overlooked by most married couples. How it works In a nutshell, the Marriage Allowance lets you transfer £1,100 of your Personal Allowance to your husband, wife or civil partner[…] Read more »

Parents – Childcare is Changing

We are in a period of big changes for parents with children in childcare. Do you know that a little under 10.5 million children aged between 0 – 15 years require some form of childcare at some time in the year? Are you one of those parents? If so, you may have heard about the[…] Read more »

Company Directors and the Minimum Wage

For several years accountants have advised clients who are directors and owners of limited companies to adopt a policy of “low salary – high dividend”.  By adopting this policy in 2015/16 company directors could have paid themselves a tax free salary of £10,600 and a tax free dividend of £28,606, a total of £39,206 tax free[…] Read more »

Automatic Enrolment

Since April 2012, all UK employers are legally obliged to automatically enroll all eligible workers into a qualifying pension scheme by a specific deadline (‘staging date’). Where this applies you must by law create and maintain detailed records of correspondence with workers, workforce assessments, joiners and leavers and pension payments. This is one of the[…] Read more »

Employment Allowance

For the past two tax years (2014/15 and 2015/16) most employers have been able to reduce their employer’s national insurance bill by a maximum of £2,000 a year. We have applied this to all clients where we prepare the payroll. For the current tax year (2016/17) the employment allowance increases to a maximum of £3,000 a[…] Read more »

Not all accountants are the same

Some accountants are boring, some are not so boring, and some are just plain mad!  How would you describe your accountant? We at Bambury & Co are sure we don’t fit the usual picture people have in their minds of accountants, and especially of chartered accountants like ourselves.  We are very friendly and very laid[…] Read more »

Probate Work

We at Bambury & Co are very proud that we were one of the first firms of chartered accountants authorised by the ICAEW to carry out non-contentious probate work. Probate is a logical addition to our will writing service and enables us to offer a “one shop stop” service to clients. In addition both of these services[…] Read more »

Why we’ve partnered with CrunchBoards

Traditionally accountants help with your figures in a historical and reactive way.  They would review what happened last month, quarter or year.  At Bambury & Co we’re not in business to be a traditional accountant.  Our number one priority is you, your business and helping you to make the most of the figures. We want[…] Read more »

2016 is going to be an exciting year!!

New Year greetings to everyone! 2016 is going to be an exciting year for Bambury & Co. This year we will be taking a lot of time to explain to clients and prospective clients that chartered accountants such as ourselves are not just “number crunchers”. By offering timely and relevant help and advice we want[…] Read more »