HMRC has launched a new campaign that offers individuals and businesses, who accept credit and debit card payments, the opportunity to bring their affairs up to date. Any individual or company that accepts credit and debit card payments should be registered with HMRC and have declared all of their income including sales settled by credit and debit cards. This disclosure opportunity, known as the Credit Card Sales campaign, offers the chance for businesses to bring their affairs up to date in a simple, straightforward way and take advantage of the best possible terms. [...] Read More

Dains are warning freelancers, contractors and the self-employed that HM Revenue and Customs has withdrawn a guide to tax and National Insurance Contributions (NICs). [...] Read More

Dains Accountants has appointed a new Partner Ian Carter to assist in the development of their Accountancy & Business Services offering in the Birmingham and the wider West Midlands marketplace. The latest in a series of high calibre recruits, Ian’s appointment is in direct response to the sustained growth of the department. [...] Read More

Employees at Dains have been getting active to raise money for the Alzheimer's Society. [...] Read More

In the 2014 Budget the Treasury announced wide scale changes to increase the flexibility of how people can access their pensions. These changes included for example, increasing the maximum income drawdown limit that can be taken each year from 120% to 150% of GAD rates and removing the requirement that members of registered pension schemes must secure an income by the age of 75, usually by buying an annuity. [...] Read More