For companies selling shares, the Substantial Shareholdings Exemption (SSE) can mean significant tax relief. Introduced in 2002 and simplified in 2017, this exemption allows qualifying gains on share disposals to go untaxed—provided key conditions are met. #SubstantialShareholdingsExemption #CorporateTax
Stephenson Nuttall & Co Chartered Accountants
Accounting
Newark, Nottinghamshire 28 followers
About us
Stephenson Nuttall is a progressive general practice accountancy firm with its roots deep in the business community of the East Midlands. The origins of the practice date back to 1863 but the firm was established in its existing format in 1938 when Tom Nuttall acquired the practice of Stephenson Nuttall & Co. The practice has three partners, Tom Hudson, Adrian Haigh and Ashley Akeroyd, who lead an experienced and professional team. We provide a complete range of taxation, accountancy and audit services for local businesses and individuals. The practice benefits from an excellent reputation with all clients having direct contact with a partner. Our clients enjoy the way that complex issues are explained in plain language and are easily understood and speak of a business that is “friendly”, “proactive” and “reliable”. We are always looking to extend our client base and welcome contacts from potential new clients. Should you need help or perhaps just a sensible conversation about your requirements then please contact us to arrange a meeting. As part of the ICAEW’s Business Advice Service, we offer a free initial consultation to start-ups and small to medium sized businesses. Please feel free to contact us at info@stephensonnuttall.com to arrange your free initial consultation.
- Website
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http://www.stephensonnuttall.com
External link for Stephenson Nuttall & Co Chartered Accountants
- Industry
- Accounting
- Company size
- 11-50 employees
- Headquarters
- Newark, Nottinghamshire
- Type
- Partnership
- Founded
- 1863
- Specialties
- Audit, VAT returns, Accountancy, Capital gains, Corporation tax, Management accounts, Payroll, Self assessment, Bookkeeping, Business start up, Company formation, and Cash-flow forecasts
Locations
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Primary
Get directions
6-8 Castle Gate
Newark, Nottinghamshire NG24 1AX , GB
Employees at Stephenson Nuttall & Co Chartered Accountants
Updates
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Reclaiming VAT on company cars isn’t as simple as it sounds. Generally, businesses can’t recover VAT unless the car is used exclusively for business purposes. But there are exceptions—like taxis, driving schools, and commercial vehicles. Here’s what you need to know. #VATRecovery #CompanyCars #BusinessTaxTips
VAT on Company Cars: What Can You Reclaim?
stephensonnuttall.com
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Navigating tax obligations can be daunting for small business owners and sole traders. To make life easier, HMRC has introduced new interactive tools, including a Sole Trader Setup Guide and VAT Registration Estimator, helping businesses understand taxes step by step. #SmallBusinessTax #HMRCGuidance #SoleTraderTips
HMRC Launches New Tools to Simplify Tax for Small Businesses
stephensonnuttall.com
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Can’t pay your tax bill in full by 31 January 2025? HMRC’s online Time to Pay system lets self-assessment taxpayers spread the cost over monthly instalments. With plans available for tax bills up to £30,000, this flexible option can help you avoid late payment penalties. #TimeToPay #SelfAssessment #HMRCSupport
Struggling with Your Tax Bill? HMRC’s Time to Pay Could Help
stephensonnuttall.com
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Navigating VAT in the construction industry can feel like untangling scaffolding. Enter the VAT reverse charge—special rules that mean sub-contractors no longer charge VAT on services but contractors handle the tax instead. Here's how it works and who it affects. #VATReverseCharge #ConstructionTax #UKVAT
VAT Reverse Charge in Construction: What You Need to Know
stephensonnuttall.com
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Over one million parents have now claimed Child Benefit online or via the HMRC app, with 87% of new claims using this speedy service. If you've recently had a baby or a child joins your family, applying online ensures you get support quickly—right when you need it most. #ChildBenefit #HMRCApp #ParentingSupport
Claim Child Benefit Faster with HMRC’s Digital Service
stephensonnuttall.com
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Could you save up to £1,260 in tax this year? If one of you earns less than £12,570, the Marriage Allowance lets couples transfer unused personal allowances. Don't miss out on this easy tax break! #MarriageAllowance #TaxSavings #UKCouples
Unlock Extra Cash with the Marriage Allowance
stephensonnuttall.com
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Married couples and civil partners may be able to pass on up to £1 million of their estate tax-free with the Residence Nil Rate Band. Claiming this transferable allowance could secure your family home for future generations. Make sure your estate planning takes this into account. #InheritancePlanning #RNRB #TaxFreeEstate
Protect Your Family's Inheritance with the RNRB
stephensonnuttall.com
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Scammers are on the rise as the Self-Assessment deadline nears! HMRC warns that HMRC never emails or texts about tax refunds. Stay alert, report suspicious contacts, and protect your money from fraudsters. #TaxScamAlert #StayVigilant #ProtectYourMoney
Stay Safe from Self-Assessment Tax Scams
stephensonnuttall.com
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Selling online? From 2024, digital platforms must report your information to HMRC if sales exceed £1,700 or 30 goods a year. Casual sellers are exempt, but regular traders may need to register for Self-Assessment. #OnlineSellingTax #HMRCReporting #UKTaxRules
New Reporting Rules for UK Online Sales Platforms