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Our specialist team members have contributed articles about Managment Information and Benchmarking that are sure to provide useful information for any solicitors who want to secure their practices for the future.
View this issue via our downloads page or contact Vicotria Goff for a hard copy by calling 01136 297 6767 or sending an email to v.goff@sagars.co.uk
We have reviewed the Chancellor's Budget speech and produced our usual briefing documents and tax facts card to highlight the key changes and how you may be affected by them.
The volume of important information contained within the Budget has led us to produce two briefings on this occasion, one each for business and private clients.
View our briefings and tax facts card via our downloads page or contact Victoria Goff for a printed copy by calling 0113 297 6767 or send an email to v.goff@sagars.co.uk
We have produced our first Solutions newsletter for 2011, in which we are pleased to introduce Anne Morrison and Alison Hirst, both private client professionals who will be joining our team at the end of this month.
Corporate tax partner, Kate Naylor, provides a comprehensive pension update and we include an overview of proposed legislative changes from HM Revenue & Customs (HMRS) amongst other articles that we hope you find to be of interest.
View this issue via our resource downloads page or contact Victoria Goff for a printed copy by calling 0113 297 6767 or email v.goff@sagars.co.uk
We've produced our latest In Practice newsletter for solicitors and their practices, barristers and their chambers.
In this issue, along with an update on the new pension rules, we've included articles about residual client balances, the forthcoming VAT rate increase, cash systems, proposed changes to Solicitors' Accounts Rules and a feature on embracing the legal sector changes in the year ahead.
View this issue via our resource downloads page or contact Victoria Doyle for a printed copy by calling 0113 297 6767 or email v.doyle@sagars.co.uk
We're celebrating again - Accountancy Age have named us their 2010 Tax Team of the Year at a ceremony in London last night, choosing us over Baker Tilly, Grant Thornton, Dallas Campbell and Mazars for the title.
In crowning us winners, the judges said "Tax is best done when well explained. The Yorkshire-based firm of 71 staff punches far above its weight, using the personal touch to win clients. The fact that 93% of the firms new work in 2009 came directly from referrals shows its strategy is working."
Managing partner, Chris Jones said "To scoop three major awards in one year is a massive achievement for everyone connected with Sagars and the wins prove that people choosing us can enjoy excellent service with our compromising on the quality of technical advice".
We are extremely proud that the Society of Trust and Estates Practitioners have named us their 2010 Accountancy Team of the Year.
Not only do the awards highlight excellence among STEP professionals but we've beaten off tough competition from Baker Tilly, Crowe Clark Whitehill, Rawlinson & Hunter and Saffery Champness to clinch the title so this is a very welcome win for everyone connected with Sagars.
We're delighted that our expertise has been recognised and thank our loyal clients, trusted professional contacts and committed team members for their continued support.
Following our recent national tax award win, we are thrilled that the Society of Trust and Estate Practitioners have shortlisted us for their 2010 Accountancy Team of the Year award.
Having first being shortlisted in 2006, we are delighted to be named as finalists again, particularly as the awards recognise excellence and have attracted a record 150 entries this year.
The winners of the STEP Private Client Awards will be announced at a ceremony in London on 19th October 2010 when we will be hoping to clinch the prestigious Accountancy Team of the Year title.
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Following the Chancellor's Emergency Budget, we have produced a briefing document and tax facts card to highlight the key changes and how you may be affected by them.
You can view these items by visiting the resource downloads page or contact Victoria Doyle v.doyle@sagars.co.uk for hard copies.
We are extremely proud to have beaten off tough, national competition to become the Lexis Nexis Best General Tax Practice 2010.
Having made the final shortlist for the past three years, this is a very welcome win for everyone connected with Sagars and we are pleased to receive the title on behalf of our loyal clients, supportive professional contacts and committed team members.
We are delighted to announce that we have once again made the national shortlist in the Best General Tax Practice category of the Lexis Nexis Taxation awards.
This is the third successive year that we have been named as finalists since winning the title in 2007. The news is fantastic for our clients and contacts, who can look upon this external vote of confidence from our industry peers as further recognition of our tax technical expertise....and it serves as a well deserved pat on the back for our hardworking, committed team.
Check this page again after 20 May 2010 to see if we have succeeded in adding another trophy to our collection.
Following the Chancellor's budget announcement yesterday, we have produced a briefing document and tax facts card to explain the changes and how they may affect you.
Access these via our resource downloads page or contact Victoria Doyle for hard copies v.doyle@sagars.co.uk
The Chancellor has announced that he will deliver his Budget Report on Wednesday 24 March 2010. Come back and visit our website to view our business and private client briefing documents and contact Victoria Doyle v.doyle@sagars.co.uk if you would like one of our Tax Facts cards mailing out to you.
Following recent legislative changes, this latest issue of TNT aims to clarify the current position relating to pension contributions and the way they are taxed - and importantly, helping you to understand how the new rules may affect you.
You can access a copy of TNT from our resource downloads page (just click the link alongside). If you want to make sure that you receive future email updates from us, please get in touch with Victoria Doyle by emailing v.doyle@sagars.co.uk
The Chancellor will deliver his Pre-Budget Report on Wednesday 9 December 2009. As usual, we will be producing a briefing document to let you know the key facts and help you to assess what impact the Chancellor's announcements may have on your position. Make sure that you don't miss out on receiving our information and sign up now by sending an email v.doyle@sagars.co.uk
Hot on the heels of our most recent award win comes the news that we have managed to repeat our Accountancy Age Awards success from last year by making the 2009 shortlists in both the Tax Team of the Year and Best Medium Firm categories. Our competitors for the tax award include BDO, KPMG and Ernst & Young so we're in good company. The winners will be announced at a ceremony in London on 18 November and we're hoping that, in this instance, bigger isn't always better.

We are delighted to share the news that we have been successful in winning one of ACQ Finance Magazine's Country Awards for Achievement 2009. The corporate finance publication has named us Regional Tax Adviser of the Year - UK, in recognition of the tax technical advice that we have supplied to our clients in relation to a variety of deals and transactions over the past year.

For a number of years it has not been possible to make any amendments to previous VAT amounts declared for periods more than three years ago. These are generally known as the three year "capping" rules.
On 1 April 2009 this position changed. The new time limit will be four years, and this change runs retrospectively from 1 April 2006. In effect this means that for any time up to 31 March 2010, the time limit cut off will be 1 April 2006. After 1 April next year, the four year rolling capping arrangements will be fully in place and neither Output nor Input tax will be payable to or claimable from H M Revenue & Customs for a period more than four years prior to the time of the claim.
This was always going to be a Budget we’d rather put off– with the economic turmoil of the last year, expensive bailouts, deflation, rising unemployment, huge debts, a looming election and a feeling that the day of reckoning must come. In the end most of the personal tax changes were fairly narrowly targeted (only 1% are likely to reach the new 50% income tax band) and again deferred for a year or two. There is some help for businesses with loss relief and investment in fixed assets, a number of schemes to help young people into work and get house sales moving, further tightening up of the administration of tax and plans for cuts in public spending later.
Much of the initial comment from business sources echoes Mr Darling’s own comments about ‘the most serious economic turmoil for 60 years’, ‘no quick fixes’ and further shrinking in the economy this year, but many people believe he is still too optimistic about when the good times will return.
Yorkshire Forward and Business Link are currrently offering grant funding towards Financial Healthchecks carried out by accredited accountants (such as Sagars). To find out if your business might qualify and if you could benefit from a Sagars Financial Healthcheck, contact Partner, Clive Smetham on c.smetham@sagars.co.uk or 0113 297 6700.
Sagars are amongst three shortlisted finalists for the coveted title of Best General Tax Practice in this year's national LexisNexis Taxation Awards. Winners in 2007 and finalists in 2008, we've got our fingers crossed for 21 May 2009, when the winners will be announced at a ceremony at Park Lane in London.