National Minimum and Living Wage increases from 1st April 2017

Trueman Brown are a small firms of accountants based in Thurrock, Essex. Accountants who believe in keeping their clients up-to date with the latest developments. Warning to employers! – don’t forget that the National Minimum Wage (NMW) and Living Wage (NLW) is...

Have you overpaid VAT using the flat rate scheme?

Local accountants and tax advisers, Trueman Brown, advise businesses that there has been a number of changes to the flat rate scheme during 2016. The legislation changing the scheme may have made the scheme unpalatable to traders from now on. However, two cases won by...

Should higher rate taxpayers file a self assessment return?

Local accountants and tax advisers, Trueman Brown, advise higher rate taxpayers to file their tax returns in order to claim tax-saving reliefs. HMRC have recently calculated that there are 4.6m taxpayers in the UK paying higher rate (i.e., pay tax at a rate of 40%). A...