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Welcome to our February Newswire...

Our aim is to keep you up to date with ideas and information that will help you gain the best possible advantages in working with us. This newswire will be sent regularly to help achieve this aim, and we hope you enjoy reading them.

We operate a responsible email policy at Fish Partnership, so if you do not wish to receive further copies of this newswire, click here to unsubscribe.

Accountants call on farmers not to delay after extension of subsidies timetable

The environment secretary, Michael Gove, kicked off 2018 by confirming that farmers would continue receiving similar levels of farm subsidies until 2022, but a specialist accountant at Buckinghamshire-based firm The Fish Partnership has said farmers still need to be ready for future cuts.

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Leading accountants warn of rising farm costs

A leading accountant at Buckinghamshire-based firm The Fish Partnership is warning farmers about a rise in input costs over the next 12 months.

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Are you ready for the latest minimum wage rise?

On 1 April 2018, the National Minimum Wage (NMW) and National Living Wage (NLW) will increase for all age groups.

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HMRC offers practical support to businesses affected by Carillion’s collapse

The start of 2018 saw the somewhat unexpected collapse of one of the UK’s largest construction and contracting businesses, Carillion.

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Excuses, excuses: HMRC reveals top late tax return apologies

HM Revenue & Customs (HMRC) has once again revealed the worst excuses that taxpayers have given them for failing to meet the 31 January Self-Assessment (SA) deadline.

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Ban on passing credit card fees on to consumers hits small businesses in the pocket

A ban on passing on charges from credit card providers to consumers, which came into effect last month, is hitting small businesses in the pocket.

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Millennials set for ‘inheritance boom’… but not until the 2030s

A new report from think-tank, the Resolution Foundation, predicts that so-called ‘millennials’, those aged between 17 and 35, will receive the biggest inheritance of any post-war generation from their baby boomer parents and grandparents.

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Remain-supporting former minister strikes optimistic note on post-Brexit economy

Former Conservative Treasury Minister, Lord Jim O’Neil has told the BBC that gloomy predictions for the post-Brexit UK economy are likely to be ‘dwarfed’ by global growth figures surpassing expectations.

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Key Dates

19 February 2018 – Deadline for postal payments remittance of PAYE, NICs and CIS to HMRC.

22 February 2018 – Deadline for electronic remittance of PAYE, NICs and CIS to HMRC.

19 March 2018 – Deadline for postal payments remittance of PAYE, NiCs and CIS to HMRC.