Category: Parker Whitwood News

Parker Whitwood Receives First Clutch Review

At Parker Whitwood, Accountants in Manchester, we provide professional accounting and financial services that help businesses grow. Since 2017, we’ve been offering bookkeeping, payroll, tax returns preparation, VAT returns, and other accounting services to small and medium-sized businesses across Manchester and the wider UK. We are focused on reducing our client’s workload, helping them make […]

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Company Insolvencies on the Rise in June 2021

</p> <style>.vce-row-container .vcv-lozad {display: none}</style> <p>Company Insolvencies on the Rise in 2021?ACCOUNTANTS IN MANCHESTERAccountancy Today has reported that company insolvencies rose by 63% in June 2021. The figure represents an 18% drop compared to June 2019 (2020 data removed due to unprecedented trading conditions), it marks a spike in insolvencies from May 2021 where there were […]

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Fifth SEISS Grant

Fifth SEISS GrantPERSONAL TAX ACCOUNTANTS IN MANCHESTERSelf-employed taxpayers can now apply for the fifth SEISS grant, but you may need to provide two different turnover figures from your business as part of your application…. The portal to apply for the fifth self-employed income support scheme (SEISS) grant opened on 29 July, but not everyone can apply […]

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A Day in the Life of An Accountant

A Day in the Life of an AccounantPERSONAL TAX ACCOUNTANTS IN MANCHESTER Here’s Mark – One of our Senior Client Accountants Tell us about the duties and responsibilities of your job.My role at Parker Whitwood is Senior Client Accountant, this means I am responsible for different roles for clients such as Bookkeeping, Payroll, VAT Return preparation, Year-End […]

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HMRC on Auto-Correct with Tax Returns

HMRC on Auto-Correct with Tax ReturnsPERSONAL TAX ACCOUNTANTS IN MANCHESTERTax returns auto-corrected for SEISS grantsHMRC is automatically correcting tax returns where the total of declared SEISS grants don’t match what HMRC thinks the taxpayer has received, but those auto-corrections can be challenged.As AccountingWEB reported in May, HMRC had to stall the processing of many 2020/21 self assessment […]

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Is Your Accountant Qualified?

Is Your Accountant Qualified?PERSONAL TAX ACCOUNTANTS IN MANCHESTERAAT Launches Guide Explaining the Risks of Unregulated AccountantsThe guide by Accountancy Today, draws consumers’ attention to the lower standards of service and protection and the higher risks of using an unregulated accountant and presents examples of malpractice, incompetence and dishonesty witnessed by AAT members shared from a […]

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Do I Need An Accountant?

DO I NEED AN ACCOUNTANT?PERSONAL TAX ACCOUNTANTS IN MANCHESTER Do you need an accountant for your small business?If you’re confident in your ability to deal with your business finances, it’s possible to prepare and file your accounts yourself.Company accounts are due every year regardless of whether a company is active or dormant. You must register them at Companies […]

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Deferred VAT Payments Due Date

DEFERRED VAT PAYMENTS DEADLINEPERSONAL TAX ACCOUNTANTS IN MANCHESTER The Deferred VAT Payments Deadline LoomsThe deadline for paying VAT deferred due to the impact of coronavirus is the 30th June 2021. ICAEW’s Tax Faculty explains the options available to businesses to avoid a 5% penalty.One of the first tax easements for businesses affected by the coronavirus pandemic […]

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