News & Events
Cultivating Success
Pensions
New funding code for defined benefit schemes
27th January 2023
The Pensions Regulator (TPR) has issued a new draft funding code for defined benefit pension schemes. Rowleys’ Head of Pensions, Matt Hutchinson, explains more about the new funding code and what it might mean for trustees, employers and their advisers....
General
Why Paycircle is our payroll software of choice
23rd January 2023
Why Paycircle is our payroll software of choice At Rowleys we’re proud to have a specialist payroll team who work closely with our clients to provide a personable payroll service. Our CIPP-qualified experts work with hundreds of clients of different...
General
Life at Rowley’s – Sam Addy
9th January 2023
Sam Addy is a Corporation Tax Assistant in the Rowleys tax team. Since joining Rowleys in February 2022 from a Top 10 firm, Sam has been involved in lots of interesting projects, which have supported his training towards his Chartered...
Tax
HMRC delay bringing in Making Tax Digital for Individuals & Partnerships
22nd December 2022
HMRC has confirmed that they will delay Making Tax Digital (MTD) for individuals and partnerships from April 2024 to April 2026. They will also increase the income threshold, meaning that fewer people will be required to comply with the MTD...
Medical
Rowleys medical team launches GP Financial Snapshot
9th December 2022
The specialist medical team at Rowleys have launched the first GP Financial Snapshot, a report that uses benchmarking data to provide insights into the financial position of a typical GP practice in Leicester, Leicestershire and Rutland. The report combines our...
General
The Autumn Statement 2022
18th November 2022
On 17 November 2022, the government undertook the third fiscal statement in as many months, against a backdrop of rising inflation and economic recession. The Chancellor laid out three core priorities of stability, growth and public services. The government sought...
Pensions
Changes to climate reporting for pension trustees
11th November 2022
The Pensions Regulator has updated its guidance on governance and reporting of climate-related risks for trustees of certain pension schemes, increasing the number of schemes the guidance now applies to. Matt Hutchinson, head of Rowleys’ pensions team explains more about...
General
Raft of new appointments as Rowleys expands its team
21st October 2022
Leicester based accountants Rowleys has made a number of new appointments across its team as part of the firm’s strategic growth plans. The recent appointments include 9 new team members in various departments across the firm, including: Claire Wright...
Tax
Is now the time for businesses to take advantage of the super deduction?
11th October 2022
17th October 2022 – UPDATE On Friday 14th October 2022 we had a new Chancellor and another Mini-Budget U-Turn, changing the previously announced plan to scrap the proposed increase to Corporation Tax. So what does this mean? The Corporation Tax...
General
Partner changes at Rowleys
29th September 2022
From Trainee to Managing Partner Tom Copson will step up to managing partner at Leicester-based chartered accountants Rowleys, after re-joining the firm two years ago as a partner. Tom spent five years at Rowleys as a trainee, prior...
Tax
Mini Budget September 2022
24th September 2022
Mini Budget 2022 UPDATE: 18 October 2022 Over recent weeks there has been a reversal on many of the policies outlined in the below Mini Budget so wanted to provide a summary on what of the below outlined changes have...
Pensions
Pensions: are annuities making a comeback?
22nd September 2022
Pensions: are annuities making a comeback? In recent years the annuity market has seen a significant decline. However as auditors of many pensions scheme we are seeing more of an appetite of trustees and scheme advisers to explore annuities...
Medical
Payroll update for NHS staff – pension contribution calculations are changing from 1 October 2022
22nd September 2022
Payroll update for NHS staff - pension contribution calculations are changing from 1 October 2022 The Department of Health and Social Care (DHSC) announced changes to the NHS pension effective from 1 October 2022. Your payroll provider should be aware...
Medical
Important News for GP Practices with non-March Year Ends
22nd September 2022
Important News for GP Practices with non-March Year Ends There are changes coming in to effect in the tax year 2024/25 which will impact on GP practices with non-March year ends. Rowleys’ specialist medical team share more on how it...
General
Changes to calculating holiday entitlement for employees on irregular contracts
21st September 2022
A recent court case has highlighted an urgent need for employers to review how they calculate the holiday pay of part-year employees or those who work for them on an intermittent basis. Here, we share more about this landmark case,...
Tax
Emergency mini-budget announced
16th September 2022
It has been announced that Chancellor Kwasi Kwarteng will deliver an emergency mini-budget on Friday 23rd September. It is expected the chancellor will bring in additional winter tax cuts and set out more detail on the energy price cap...
General
Our Payroll Service
7th September 2022
Our payroll service offers all the benefits of a payroll department without the overheads or compliance risks. Payroll is integral to keeping a business running successfully. However, it is becoming increasingly difficult and time-consuming to manage and keep up to...
Medical
Seminar for GPs – The Annual Allowance Time Bomb
7th September 2022
Join our Medical team and Paul Gordan, Head of Medical Specialist Wealth Planners at Sanlam Wealth, to ensure you’re up to speed with the latest information on the hot topic of GP pensions annual allowances. Paul will share his insights and specialist...
Tax
Making Tax Digital for Income Tax Self- Assessment is coming!
9th August 2022
Sole Traders and those with property income….Making Tax Digital for Income Tax Self- Assessment is coming! Making Tax Digital (‘MTD’) is the UK government’s programme designed to help businesses and individuals get their tax right and help HMRC get more...
General
Changes to the National Insurance….so what salary should I take?
4th July 2022
Earlier in the year we had the annual Budget which announced that from 5 April 2022 there would be changes to National Insurance: The “Employment Allowance” increased, this allows eligible employers to reduce their annual National Insurance liability by up...
