Buzzacott

The importance of accurately estimating profits as a self-employed trader should never be underestimated. With tax deadlines looming and increases in interest rates on late paid self-assessment liabilities announced in October 2024, individuals, and those in partnerships, will need to get their calculations in order ahead of 31 January to ensure they’re not caught out. Find out more about potential interest rate increases below, and how we can support you here: https://ow.ly/sCXX50UAUeH

Starting today, the new 20% VAT on private school fees, introduced under the VAT on Private Education Policy in the Autumn Budget, has come into effect. Is your school ready for these changes? Join us on 16 January for our CPD-certified ‘VAT on Private School fees training,’ where VAT experts Socrates Socratous and Kamlesh Chauhan will provide practical guidance on everything you need to know about VAT and its impact - just in time for your first VAT return of the year. We’ll cover: • Overview of the new VAT rules for schools • VAT record-keeping and Making Tax Digital compliance • VAT recovery for school expenses, including advance payments • Partial exemption, VAT adjustments, and handling capital projects Ideal for school administrators, bursars, finance officers, and accountants. Date: 16 January Time: 14:00 - 16:00 Location: Buzzacott LLP, 130 Wood Street, London, EC2V 6DL Cost: £125 per person | £75 for additional attendees from the same organisation Spaces are limited - sign up now to ensure your spot: https://ow.ly/6kYq50UpU8z

Merry Christmas! 🎄 As 2024 draws to a close, we want to thank our clients and colleagues for their trust and support. We wish you a restful and enjoyable festive season, and we look forward to working with you again in the new year 🌟

Next week marks the beginning of Hanukkah, the Jewish Festival of Lights. Hanukkah celebrates the miracle of a small amount of oil that burned for eight nights during the rededication of the Second Temple in Jerusalem 🕎 One of the sweetest traditions of Hanukkah is enjoying sufganiyot (jam-filled doughnuts) which symbolise the lasting oil. To share the joy today, our Jewish Network treated the whole office! 🍩 Hanukkah is a time for light, hope, and celebration. May your Hanukkah be filled with warmth, happiness, and time shared with loved ones. Chag Sameach!

With the new 20% VAT on private school fees under the VAT on Private Education Policy taking effect on 1 January 2025, schools must act now to ensure compliance. Our CPD-certified ‘VAT on Private School Fees Training’ event on 16 January 2025 provides practical, tailored guidance on VAT record-keeping, VAT recovery, partial exemption, and other key areas. Whether you're new to VAT or need expert advice for your school’s specific needs, we’re here to support you. Swipe through for more details, or register now: https://ow.ly/sTs850UpTtK

Last night we gathered in The Dell, our newly refurbished breakout space for our 2024 Values Awards Ceremony! 🏆 Our values are the cornerstone of our culture, and these awards are a proud celebration of our incredible team members who actively embrace and demonstrate them. This year, we were impressed by over 125 nominations from across the firm. After thoughtful deliberation by our Values Awards Committee – which includes representatives from every team – we celebrated 9 exceptional winners. A huge congratulations to everyone who was nominated, with special mentions to our winners: Simi Hoondle, Helen H., Harjinder Matoo, Richard Stringer CA, Antony Greenwood, Shannon Cluett, Samantha Tilley, Neal Lees, and Abi White 🎉

The FCA's consultation on changes to the safeguarding regime closed today. Payment services and e-money firms now await confirmation from the regulator on the proposed rules to improve the safeguarding regime. In our recent insight, we outline what the proposed rules could mean and summarise the key differences between them and previous guidance. Read the full article here: https://ow.ly/17lZ50UrQmE #Safeguarding #PaymentServices #EMoney #FCA

We had a fantastic time celebrating Christmas Jumper Day yesterday! Our teams embraced the festive spirit and showcased an array of creative jumpers, all while supporting a great cause – raising funds for Save the Children. So far, we have raised over £400 and spread some holiday cheer while making a meaningful impact on the lives of children in need. Whether it was a vintage find or a sparkly masterpiece, everyone brought their A-game!   Thank you for joining us in this festive celebration 🎄✨ 

🏡 Introducing part two of our Real Estate Property Lifecycle Series 🏡 In this ongoing series, we’re guiding you through the essential stages of property investment, from acquisition to ongoing management, helping you maximise returns and navigate tax complexities. In part two, we focus on structuring your property investment. Key topics include: 🔑 Selecting the right company structure (SPVs, debt vs. equity) 💰 Understanding funding options, from private equity to collective investments 📉 Adapting to tax rule changes that could impact your strategy ✅ Ensuring tax-efficient, compliant operations to protect your investment Don’t miss out on expert insights to optimise your property journey - download part two today! https://ow.ly/SNiq50UoYlq

It was a pleasure to sponsor The Winchester Ball once again last week, an annual event that helps raise thousands for important causes. This year, the event supported My Name'5 Doddie Foundation, the The Matt Ratana Rugby Foundation, Wasps Legends Charitable Foundation, The Harlequins Foundation, alongside LooseHeadz . With our own “Buzz Bar”, it was a night to remember and the perfect way to round off the year for our Financial Services team! For a glimpse into the events of the evening take a look at the video below.