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Mercer & Hole donate sewing items to The Camphill Village Trust

Chartered Accountancy firm Mercer & Hole have donated 110 essential sewing items to The Camphill Village Trust in St Albans to support their popular sewing club. Camphill St Albans provides supported living for adults with learning difficulties and mental health problems, whilst seeking to encourage independence and inclusion within the...

Date: 27th July, 2015   |   Author: Natalie Taylor   |   Comments: 0


Top 50 Accountancy Firm ranking for Mercer & Hole

Mercer & Hole are listed within the Top 50 Firm ranking in the Accountancy Age survey of the UK’s largest accountancy firms. The results were announced by Accountancy Age today, July 23 2015, and are recognised as one of the most credible rankings published in the accountancy world. Mercer & Hole’s Senior Partner, Paul Maberly,...

Date: 23rd July, 2015   |   Author: Natalie Taylor   |   Comments: 0


Mercer & Hole don’t need to search for a STAR – they are already here!

Mercer & Hole are celebrating employees who go the extra mile in a quarterly STAR (Special Thanks And Recognition) Award scheme. Employees can be nominated for the award by a fellow colleague, their manager or a partner who believes they have made an outstanding contribution and performed in a way which is ‘above and beyond’ their...

Date: 22nd July, 2015   |   Author: Natalie Taylor   |   Comments: 0


Farmers’ averaging calculation

In the recent Budget, the Government announced that it would extend the period for which self-employed farmers can average profits for income tax purposes from 2 to 5 years. The averaging facility helps farmers by allowing them to spread profits over consecutive years to offset the effects of volatility on profits.  Increasing the period for...

Date: 21st July, 2015   |   Author: Cathy Corns   |   Comments: 0


Disappointing approach from HMRC

The First-tier Tribunal heard an appeal against HMRC’s decision to refuse a taxpayer’s claim to special relief, ie, a cancellation of a tax charge due to special circumstances. The taxpayer had been issued with tax returns but did not file them so HMRC issued determinations of liability for all years.  Returns were submitted but...

Date: 20th July, 2015   |   Author: Cathy Corns   |   Comments: 0


Supply of workers – return deadline

Businesses which supply two or more workers to clients without operating PAYE may now  have to report details to HMRC on a quarterly basis.  The deadline for the first return, covering the quarter to 5 July 2015, is 5 August 2015. Businesses required to make a return must register with HMRC online services.  Broadly, the return is...

Date: 17th July, 2015   |   Author: Cathy Corns   |   Comments: 0


Mercer & Hole take part in Longmores Solicitor’s Cricket Tournament

A team from Mercer & Hole took part in a cricket tournament organised by Longmores Solicitors last night, 15 July. Longmores hosted the event and welcomed 7-a-side teams from both Mercer & Hole and Crabtree Property Management at an idyllic cricket ground in the village of Hertingfordbury. First up, Mercer & Hole went into bat against...

Date: 16th July, 2015   |   Author: Natalie Taylor   |   Comments: 0


Correcting Employment Allowance

Apparently many groups of companies have been inadvertently claiming multiple employment allowances, an area on which HMRC is focussing due to some aggressive tax  planning around the allowance.  However, it is now possible to correct this quickly and reduce the risk of penalties being charged in the future. There is now a small window...

Date: 16th July, 2015   |   Author: Cathy Corns   |   Comments: 0


Time to Pay Arrangements – Mandatory Direct Debit

I set out below an update I received from HMRC yesterday – I want to give you advance notice about a change to the way HMRC will expect customers to pay future agreed time to pay arrangements.  As you may know we can use discretionary powers to agree to payment of a debt by instalments after the due date, where the customer is...

Date: 15th July, 2015   |   Author: Cathy Corns   |   Comments: 0


AccountancyAge unveil 2015 Top 20 Associations and Alliances

AccountancyAge have published their 2015 Top 20 Associations and Alliances rankings today. Mercer & Hole are pleased to recognise that The TAG Alliance, of which the firm is a founder member, is positioned third and reports a latest combined annual total income of $3,360 million, up 5% on last year’s figures. To see the full table,...

Date: 15th July, 2015   |   Author: Natalie Taylor   |   Comments: 0


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