News

All change for the UK’s cash

Posted in News | Posted on 13 Oct, 2017

It’s all change when it comes to cash. Last month saw the introduction of a new £10 note and this month sees our last chance to spend the old round £1 coin. Following on from the new Churchill £5…

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Late payments damage the UK economy, research shows

Posted in News | Posted on 13 Oct, 2017

Late payments are a headache that most small businesses are familiar with, but new research shows that late payments create problems for the economy as a whole. Figures published by the Department for…

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Dividend Tax changes set to hit small business owners and investors

Posted in News | Posted on 13 Oct, 2017

Changes to the Dividend Tax regime, which will see the existing tax-free allowance fall from £5,000 to £2,000 from April next year, are set to hit small business owners and investors. The changes currently…

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Food and drink giants gain new insight into in China thanks to Milsted Langdon

Posted in News | Posted on 13 Oct, 2017

Leon Cane and Chris Downing have returned to the South West from China, having assisted businesses during an official trade mission organised by Business West and the China Britain Business Council. We…

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Milsted Langdon makes the move to new offices in Bristol

Posted in News | Posted on 13 Oct, 2017

We are delighted to announce that we have moved our offices in Bristol to a newly refurbished city centre location. Previously located at One Redcliff Street, we have moved our team a short distance to…

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Local farmer reaps the benefits of 40 years of work with Milsted Langdon accountant

Posted in News | Posted on 27 Sep, 2017

Geoff Parsons was already an established client of the practice that Mark Wilson commenced his training with more than 40 years ago, but little did either of them realise that it would be the start of…

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Reminder: Flat-rate expense agreements

Posted in News, Newswire | Posted on 22 Sep, 2017

Workers in a number of different sectors are often obliged to spend small amounts each year maintaining or replacing tools and special clothing, which are deemed necessary for them to carry out their employment…

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Small businesses face new punitive penalty regime

Posted in News, Newswire | Posted on 22 Sep, 2017

New rules introduced as part of the government’s Making Tax Digital proposals could see fines for late tax payments triple. Currently small businesses face a fine worth five per cent of their outstanding…

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More than one in five insolvencies the result of late payments

Posted in News, Newswire | Posted on 22 Sep, 2017

A new report from insolvency trade body R3 has revealed the amount of damage done to small firms by customers making late payments for goods and services. According to R3’s most recent survey of the…

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HMRC sets out first plans for Making Tax Digital

Posted in News, Newswire | Posted on 22 Sep, 2017

In August, HM Revenue & Customs (HMRC) issued the first wave of consultation documents on its Making Tax Digital (MTD) initiative. This first wave of consultation documents sets out the Revenue’s…

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