Agnew Mitchell & Cairns

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Handpicked Accountants
13/11/2018
At Agnew Mitchell & Cairns we are delighted to announce that we have been selected as the latest firm to join Handpicked Accountants, a specialist network that connects business owners and directors with the most trusted accountancy firms in their area. Featuring over 1,100 of the UK’s best accountancy firms, the website exclusively Read more...


Don’t overclaim for equipment purchases
16/01/2019
You can use the Annual Investment Allowance (AIA) to claim a very generous 100% first year tax relief for qualifying expenditure on plant and machinery. The allowance is available for most assets purchased by a business but does not apply to cars. The AIA was set at £200,000 per calendar year for all qualifying expenditure on or after 1 Read more...


Reducing payments on account
16/01/2019
Taxpayers are usually required to pay their Income Tax liabilities in three instalments each year. The first two payments are due on: 31 January during the tax year e.g. for 2018-19 the first payment on account is due on 31 January 2019. 31 July following the tax year e.g. for 2018-19 the second payment on account is due on 31 July Read more...


Could you claim the Marriage Allowance?
16/01/2019
If you or your partner are a low earner or not working, then you may be eligible for the marriage allowance. The marriage allowance allows lower earning couples to share part of their personal tax-free allowance. The marriage allowance (MA) is available to married couples and those in a civil partnership where a spouse or civil partner Read more...


Carry back charitable contributions
16/01/2019
Donations to charity over the course of a tax year can add up and taxpayers must ensure they keep a proper record of all donations to backup tax return entries. Donations that are made through the Gift Aid scheme allow for the recipient charity to claim 25p worth of tax relief on every pound donated. Higher rate and additional rate Read more...


Remaining age related tax allowances
16/01/2019
Most age related tax allowances have been phased out. However, the Married Couple's Allowance (MCA) is available to elderly married couples or those in a civil partnership where at least one member of the couple were born before 6 April 1935. The allowance provides for tax relief by deducting 10% of the allowance from the amount of tax Read more...


Tax if clients leave the UK to live abroad
16/01/2019
The P85 form should be completed by individuals or their agents to advise HMRC that have left the UK to live or are going to work abroad for at least one full tax year. The completion of the P85 form will ensure that an individual leaving the UK can claim any tax refund they are entitled to and will also help HMRC decide how an Read more...


Automatic enrolment for the self-employed?
09/01/2019
The government has confirmed that they are to examine a number of different approaches to help encourage the self-employed to save for their retirement. The success of automatic enrolment for pension savings for the employed has helped highlight that pension savings for the self-employed are lagging behind those achieved for the employed. Read more...


New 'global' pound coin
09/01/2019
HM Treasury has confirmed that the £1 coin will be going global. This announcement means that the UK’s Overseas Territories and Crown Dependencies will be able to design and mint their own versions of the 12-sided £1 coin replacing the older coins. The coins are expected to feature images celebrating the heritage of these territories, Read more...


Check if your Holiday let property is qualifying
09/01/2019
The Furnished Holiday Let (FHL) rules, allow holiday lettings of properties that meet certain conditions to be treated as a trade for some specific tax purposes. In order to qualify as a furnished holiday letting, the following criteria need to be met: The property must be let on a commercial basis with a view to the realisation of Read more...

Contact Us

184 Rashee Road
Ballyclare
Co Antrim
BT39 9JB
Phone: 02893352247

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