Every now and then a charity comes along that you just know in your heart you have to support because you have seen the difference it can make to those close to you. That’s why from 3rd June 2023 we at Turas Accountants will be helping a team of charity...

Turas Accountants have been established in Telford for 10 years now and we couldn’t think of a better town to work in. As we love it here, we are on a mission to get more people visiting and exploring Telford and all that it has to offer. Here’s 10 reasons...

If you’re a business owner, hiring an accountant is one of the best investments you can make, whatever the size or stage of your business. A good accountant can save you time, money, and a lot of stress.   Whether you have a start-up business, are a sole trader or...

Accountancy firm Turas Accountants is saying thank you to Telford & Wrekin Hockey Club with a sponsored banner on the club’s pitch.   Helen Columb of Turas, said that her daughter, Lucy Jones-Columb, had played with the club for the past nine years.   “She’s now 22 and continues to...

This week has seen the government announce the new Health and Social Care levy. As the impact of Covid starts to hit, this is potentially the first of many tax changes that we can expect over the next few years. But what is the new Health and Social Care levy...

There are going to be quite a lot of changes to the way that businesses record and report their accounts over the next couple of years with the rollout of the Making Tax Digital scheme.   One of these changes is the removal of basis periods from the tax year...

Making Tax Digital (MTD) is a new scheme that has been set up by HMRC as a way to modernise the tax system in the UK, replacing paper records with a digitalised system. Once the MTD system is in place, business owners must keep digital records and make submissions to...

The fifth and final SEISS grant for self employed individuals will be opening from late July. Here are some key updates for you to know if you are eligible for the SEISS grant payments. Personal claim dates The government will be contacting everyone who is eligible for the fifth SEISS...

HMRC have warned that there will be major delays in the checking of tax returns for the 2020/21 tax year.   With so many changes for many self-employed individuals this year, including CJRS (furlough) and SEISS grants, HMRC are manually double checking any tax returns that have been in receipt...