Mercia Group

🎆 Happy Bonfire Night! 🔥 Tonight, the sky comes alive with fireworks and bonfires! Enjoy the magic of the evening, stay safe, and celebrate responsibly with friends and family. #BonfireNight #November5th #CelebrateSafely

Stay Ahead with Mercia’s 2025 Training Programme 📚 Accounting standards are ever evolving, making you CPD more crucial than ever. Mercia’s 2025 programme is designed to help you set and reach your professional goals, keeping you skilled and confident in an ever changing landscape. Read now https://ow.ly/EPuu50TZ8Et #MerciaTraining #CPD #AccountingProfessionals

🎙️ Don’t miss Mercia’s Podcast! 🎧 Get the latest updates in accounting and tax with insightful discussions designed to keep you informed and at the top of your game. Tune in here https://ow.ly/SP5Z50TZ8zi #MerciaPodcast #TaxTalk #AccountingInsights #StayInformed

In the October edition of Mercia’s Newswire, we look at the Impact of Rachel Reeves first Autumn Budget statement, HMRC’s new child benefit service and voluntary contributions towards State Pension missing payments scheme. On the audit side we look at the FRC’s latest UK and Ireland accounting standards and the regulator’s Annual Review of Corporate Reporting. Read more and subscribe today 👇 #News #Insights #Accountants #Tax #Audit #Industrynews

🥳#Congratulations to Brendan Howard who is celebrating a #workiversary of 23 years today. Thank you for your hard work and dedication of the years, you are a true asset to Mercia Ireland. 🍀 #WeAreMercia #WeAreWilmingtonPLC #CareerGoals #CelebratingSuccess

🚨 Stay updated on UK Audit Regulations! In this podcast, Joanne Gregory breaks down the latest UK audit changes and their impact on your practice. 🎧 Listen now for actionable advice https://ow.ly/reMG50TV6G9 #Audit #UKAudit #Accounting #Compliance #AuditRegulations #MerciaGroup #Podcast

Mercia's tax expert Pat Nown hosted a fantastic live webinar today on how the Autumn Budget will affect professionals working in different areas of tax. Given the number of changes announced yesterday, she was accompanied by members of our technical tax team Helen Knight and Nicola Holcombe, who supported by answering your questions. For those of you who attended, what did conversations did you find useful? Feel free to use this post as forum to support other professionals on any valuable insights you may have. 👇 If you missed out, you can always watch our webinar on-demand, available from 1 November https://ow.ly/rXr550TXp9G #AutumnBudget24 #Tax #ClientQuestions #Support #Accountants #TaxProfessionals #TechnicalTaxQuestions

Happy Diwali from all at Mercia. 🎉 May the festival of lights illuminate your life with happiness and prosperity. #Diwali #WeAreMercia #WeAreWilmingtonPLC

🫖Pop the kettle on and let us help you update your clients on Autumn Budget! Key announcements include: 📣 Inheritance Tax – pension pots to be included in a person’s estate for IHT from April 2027. Agricultural Property Relief and Business Property Relief reduced for combined assets in excess of £1 million  📣 Capital Gains Tax – increase in non-residential rates to align with residential property rates from 30 October 2024. Gradual increase in CGT for assets qualifying for Business Asset Disposal Relief and Investors’ Relief  📣 Employers’ National Insurance contributions – increased to 15% from April 2025 on earnings in excess of £5,000 (per annum). Increase in the employment allowance to £10,500.  📣 Non-dom status – Creating a simpler residence-based regime from April 2025 📣 Income tax - No increases to the basic or higher rates. No extension to the current freeze to income tax thresholds which applies until April 2028.  📣 National living wage - increased by 6.7% to £12.21 for people over 21 years 📣 VAT on private schools -  From 1 January 2025, VAT will apply to all education, training and boarding services provided by private schools.  📣 SDLT - The higher rates of Stamp Duty Land Tax for purchases of additional dwellings will be increased from 3% to 5% from 31 October 2024. 📣 Retail, hospitality & leisure (RHL) properties – 40% relief on business rates for 2025/26  📣 Fuel duty – the freeze and temporary 5p cut will be extended for one year. There's still time to order your Autumn Budget Summary to communicate the changes with ease  https://ow.ly/ZVcE50TWXUn #AutumnBudget #ChancellorsAnnouncements #RachelReeves #BudgetAnalysis #Tax #TaxUpdates #BusinessInsights #FinancialNews #Economy #FiscalReporting #FiscalChanges

After weeks of intense speculation, Chancellor Rachel Reeves delivered a historic Budget to the House of Commons on 30 October. The Budget, Labour’s first in over 14 years and the first ever delivered by a female Chancellor, saw £40 billion tax-raising announcements. Ms Reeves also pledged to ‘invest, invest, invest’ to drive growth and ‘restore economic stability’. Read the full article now 👇