May 31

Consultation on extension of IR35 rules

HMRC has published guidance on the extension of the off-payroll working rules (also known as IR35) to the private sector, a year ahead of its implementation on 6 April 2020. In the guidance, HMRC state that the responsibility to determine whether the off-payroll working rules apply will fall on the organisation receiving the individual’s service. […]


Aug 08

Sage and Company Chartered Accountants are proud to sponsors of the Denbigh & Flint Agricultural Show

Sage & Company Chartered Accountants are proud to sponsor the Denbigh & Flint Agricultural Show again this year. With agricultural accounting being at the forefront of our specialisms, we have developed well-established links with other professional practices strongly associated to the rural community. As such, we pride ourselves on our strong connections with the local rural […]


Apr 25

Welsh Land Transaction Tax introduced

From 1 April 2018, Land Transaction Tax (LTT) will replace Stamp Duty Land Tax (SDLT). LTT will be collected by the Welsh Revenue Authority (WRA). HMRC has published guidance on the introduction of the new tax and the way in which property transactions straddling 1 April 2018 and cross border transactions will be dealt with. […]


Feb 28

HMRC halts thousands of scam text messages

HMRC have announced that they have stopped thousands of taxpayers from receiving scam text messages ‘with 90 percent of the most convincing texts now halted before they reach their phones’. HMRC’s press release states: ‘Fraudsters alleging to be from HMRC send text messages to unsuspecting members of the public. In these messages they will make […]


Feb 26

Updated list of professional subscriptions

Employees are allowed to claim tax relief on their annual professional fees or subscriptions to some HMRC approved professional organisations. The costs are tax deductible generally where the individual must have membership to do their job or it is helpful for their work.  Where the fees are paid by the individual’s employer this will not […]


Feb 22

Scotland revise income tax bands

Derek Mackay, Scottish Finance Secretary, has made a change to the proposed Scottish income tax bands for 2018/19 which he announced in December 2017 in the Scottish Draft Budget. The change is being made to ‘remove an anomaly that meant some higher rate taxpayers saw their bills fall while others on slightly lower incomes saw […]


Feb 20

What will the Spring Statement bring?

We had two Budgets in 2017 and the Spring Statement is planned for Tuesday 13 March. The Chancellor Philip Hammond has previously stated that at the Spring Statement he will respond to the Office for Budget Responsibility forecast, consider longer-term tax challenges and start consultations on how they can be addressed. The government has the […]


Feb 16

Tax-free childcare roll out

The implementation of Tax-Free Childcare, the new government scheme to help working parents with the cost of childcare, is being rolled out to eligible parents in stages. The scheme first made its debut in April 2017 and although there have been initial systems problems, HMRC’s aim is to have the scheme open to all eligible […]


Feb 14

HMRC rejected Self Assessment expenses and excuses

HMRC have released the latest list of imaginative excuses made by individuals who failed to submit their self assessment return by 31 January deadline in 2017. Excuses include alien sightings and being too busy touring with a one-man play. HMRC’s annual list of outlandish excuses is used to publicise the self assessment deadline of 31 […]


Aug 22

Latest labour market statistics

The latest labour market statistics for the period March to May 2017 showed a 175,000 rise in employment and 64,000 fall in unemployment. Estimates from the Labour Force Survey show that, between December 2016 to February 2017 and March to May 2017, the number of people in work increased, the number of unemployed people fell, […]


Aug 17

How about a career in accountancy?

Sage & Company Chartered Accountants have a fantastic opportunity for an apprentice to join the team in their St Asaph office. Sage & Company are looking for an energetic and forward thinking individual to support the accounts, tax and audit services offered.  The practice is a well-established, professional and friendly firm with a focus on […]


Jul 27

Employment Related Securities return deadline

HMRC are advising that there have been technical issues with their Employment Related Securities (ERS) annual returns online service. Employers have to complete returns for any schemes that have been registered on the ERS online service, such as Enterprise Management Incentives (EMI), a non-tax advantaged scheme or award, Company Share Option Plan, Save As You […]


Jul 19

Land Transaction Tax

From April 2018, Land Transaction Tax (LTT) will replace Stamp Duty Land Tax (SDLT) in Wales.  Land and Buildings Transaction Tax (LBTT) already applies in Scotland. Like SDLT (and LBTT), LTT will generally be payable on the purchase or lease of a building or land. The new tax may, therefore, be relevant to house buyers and […]


Jul 07

Exciting new post at Sage & Company for an Audit/Accounts Senior

This leading firm of Chartered Accountants wish to appoint an Audit/Accounts Senior.  You will be joining the friendly team of a leading firm of Chartered Accountants in their St Asaph office. We welcome applicants with a wide range of experience being, fully qualified, part qualified or qualified by experience.  The successful candidate will enjoy a […]


Jun 02

Investment Bond launched

National Savings and Investments (NS&I) has recently launched a government-backed Investment Bond. The main details of the Bond are as follows: minimum deposit of £100 balances on the account must be between £100 – £3000 applications can only be made online and up to April 2018 applicants must be aged 16+ years fixed interest rate of […]

tax free child care

May 08

Tax-Free Childcare to be rolled out from 28 April 2017

Tax-Free Childcare, the new government scheme to help working parents with the cost of childcare, will be launched from 28 April 2017. For every £8 a parent pays in, the government will pay in an extra £2. Parents can receive up to £2,000 per child, per year, towards their childcare costs making a total amount […]


May 02

National Minimum Wage rises again

Employers need to ensure they are paying their employees at least the appropriate National Minimum Wage (NMW) or National Living Wage (NLW) rate. The rates increase from 1 April 2017. From1 October  2016 From1 April2017 NLW rate for workers aged 25 and over £7.20* £7.50 the main rate for workers aged 21-24 £6.95 £7.05 the […]


Apr 27

Auto Enrolment Workplace Pensions and Making Tax Digital | Come to our drop in sessions!

Auto Enrolment Workplace Pensions and Making Tax Digital | Drop in sessions throughout May Things are going to be really busy at Sage & Company in May and we wanted to share our plans with you! We have recently begun to engage our clients in respect of the introduction of Auto Enrolment Workplace Pensions and […]

VAT Flat Rate

Apr 19

VAT Flat Rate Scheme – Limited cost trader

Changes are being made to the VAT Flat Rate Scheme (FRS) which take effect from 1 April 2017. These changes may mean that the FRS is less attractive to some businesses and this may result in these businesses deciding to no longer operate under the FRS. In some cases where a trader has voluntarily registered […]


Apr 17

Providing services to a public sector – off payroll working

In the latest Employer Bulletin HMRC advise those providing services to a public sector client through their own limited company to ensure they are ready for the new rules which took effect from 6 April 2017. The new rules for off payroll working, commonly referred to as IR35 or the Intermediaries legislation, take effect from […]

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My firm and family can only but support and endorse your endeavours. Thank you for your ever willing help, from all colleagues at every level of Sage and Company, to reduce any concerns that I may have had to enable my life to be as ‘stress free’ from as many ‘financial worries’ as painlessly as it is possible to be, and with such a pleasant attitude and disposition.



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