Northern Society of Chartered Accountants

Making Tax Digital (MTD) – preparing to join the pilot

Join Rebecca Benneyworth for this latest Making Tax Digital update

With the first phase of MTD still two years away, many firms have started to concentrate on other areas, but only those businesses joining the pilot in April 2024 will have experience of a ‘whole cycle’ of MTD ITSA including filing for 4 quarters and the final crystallisation in January 2026 before the first tranche of businesses are mandated into the new system.

Course Information

This course will set out the current requirements for joining the pilot in April 2024, and the revised timetable, and review changes to MTD introduced during 2022 and 2023 as a result of the restructuring of the programme. It is an important update for those firms that wish to put a few clients into the pilot to test their preparedness for the biggest change to affect income tax since self assessment was introduced in 1997.

The course will include:

• The current legislation and proposed amendments
• The phasing of mandation – what to expect
• How to determine which clients are affected and when
• The outcome of the Small Business Review – what next for the under £30,000’s?
• Keeping digital records – what is expected? Landlords and joint ownership of property
• The pilot – should we join in 2024 and what types of restrictions are there?

Cost

RATE	COST
Price	£90.00 + VAT
Retired Member	£45.00 + VAT
Career Break Member	£45.00 + VAT

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Retired members lunch & talk from Northumbria Blood Bikes

Join us for one of our regular lunches for retired and semi-retired members.

Join us for lunch followed by a talk by the Northumbria Blood Bikes on who the charity is, why they were formed and the work that they do.

This event is open to retired members and their guests. The cost includes a two-course lunch, Tea or Coffee plus VAT

Menu

Chicken breast, charred leek and butternut squash mousse, fondant potato,

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Apple and black berry crumble, vanilla custard

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Coffee & mints

Programme

12:00 for 12:30 Arrival and cash bar is available

12:30 Lunch is served

13:45 Talk by Northumbria Blood Bikes

14:30 Q&A

14:45 Formalities close followed by networking

15:00 Close

Cost

RATE	COST
Price	£25.00 + VAT

Speaker

Northumbria Blood Bikes

Northumbria Blood Bikes is a registered charity established by local volunteers to deliver essential blood and urgent medical supplies, out of hours, between hospitals and other healthcare sites in North East England. We cover Darlington, Durham, Gateshead, Newcastle Upon Tyne City, North Tyneside, Northumberland, South Tyneside and Sunderland.

Read more at: northumbriabloodbikes.org.uk 

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Northern Society of Chartered Accountants Extraordinary General Meeting

Notice is given that the Northern Society of Chartered Accountants Extraordinary General Meeting will take place on 19 October 2023, at 18.00, virtually. This is a collective meeting for Northern Society and it’s branches.

Agenda for meeting

 

1	Notice of Meeting
2	Welcome by the President
3	Apologies for absence
4	Member vote, called on the recommendation of the Society’s Committee, to:- a. adopt a revised constitution for the Society; and b. move the operations of the Northern Society and it’s Constituent Branches to a local ICAEW network with effect from 31 December 2023. A paper setting out details of the proposal can be found here.
5	Confirm the appointment of Trustees for the Society
6	Installation of the Society’s President and Deputy President for the 2023/2024 term
7	Move to formally dissolve the Cumberland Society of Chartered Accountants on 31 December 2023
8	Move to formally dissolve the Tyne & Wear Society of Chartered Accountants on 31 December 2023
9	Move to formally dissolve the Teesside Society of Chartered Accountants on 31 December 2023
10	Any other business

Joe Walsh

Hon. Secretary, Northern Society of Chartered Accountants

Cost

RATE	COST
ICAEW Member	No Charge

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FD talk & tour – Beamish the living museum of the north

Don’t miss this opportunity to gain invaluable insights from the FD of Beamish Museum as he explains the impact the museum has had on both business and the local economy.

Join us for our exclusive behind the scenes tour of Beamish where Finance Director Mark Pemberton and Assistant Director Sally Dixon will give us insights behind the business including funding, latest developments, and their sustainability journey. We will then take a 90-minute private bus tour around the site. Highlights will include The Pit village, 1950s Town, 1940s farm and much more.

After the tour you are free to wander around, explore the site and have lunch at one of the many eateries. The weekend of the 8 October is October Steam up weekend.

What’s included:

• Talk by Mark Pemberton & Sally Dixon
• Tea, coffee & biscuits on arrival
• Private bus tour with a Knowledgeable Conductor
• Meal voucher to be redeemed at one of the many eateries
• Entrance into the museum

The cost of the event has been subsidised by the Northern Society of Chartered Accountants and is open to members, their family and guests. Places are limited and are booked on a first come, first serve basis.

Programme

10.00 Arrival at Beamish main entrance & proceed to the boardroom. Please make your way to the Boardroom in Barclays Bank in the 1900s town by bus, tram or on foot

10.15 Boardroom to be available with tea, coffee, & biscuits

10.30 Finance talk and background/developments of the site – Mark Pemberton & Sally Dixon

11.15 Private Bus Tour with a Knowledgeable Conductor

13.00 Attendees free to visit the site & lunch

Depart at leisure

Cost

RATE	COST
Price	£20.83 + VAT

 

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Northern Society of Chartered Accountants Annual General Meeting 2023

An opportunity for you to meet members of the Northern Society Committee & find out what is planned.

Notice is given for the 141st Annual General Meeting of the Northern Society of Chartered Accountants to be held at Northern Counties Club, 11 Hood Street, Newcastle upon Tyne at 12:30 hours on Thursday 25 May 2023.

Event information

Agenda

1 Notice of Meeting

2 Welcome by the President

3 Apologies

4 Deceased Members

5 To Receive and, if thought fit, Approve the:

Minutes of the 140^th Annual General Meeting held on Thursday 19 May 2022

6 Review of the Year by the President

Including

To Receive and, if thought fit, Approve the:

Annual Report and Accounts for the year ended 31 December 2022 (including the Report of the Independent Reporting Accountant)

7 Election of Committee Members under the provisions of Rule 13(a)

8 Election of the Independent Reporting Accountant under the provisions of Rule 13(c)

9 Any other business

Joe Walsh
Hon Secretary

Booking is essential as a buffet lunch will be provided after the event.

 

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Northern Society Business and Awards Dinner with local author Ann Cleeves

Northern Society of Chartered Accountants Business and Awards Dinner will be on Friday 24 November 2023.

Join Richard Slack, President of Northern Society of Chartered Accountants, fellow Northern Society members and their guests for an inspiring talk by our keynote speaker local author Ann Cleeves.

Our Business and Awards Dinner will be held on Friday 24 November 2023 at the Grand Hotel, High Gosforth Park, Newcastle upon Tyne from 18:30 for 18:45 with Dinner 19:30 until late to allow for informal networking after the meal.

Event information

Our principal guest speakers this year will be local author Ann Cleeves.

Event information

Why you should attend:

• meet fellow ICAEW members, their guests and ICAEW staff – it’s a great chance to network
• Northern Society Presidents’ Awards will be announced
• ICAEW Chartered Accountants in the region who are committed to their thriving communities, Net Zero and good governance awards will be announced.
• Our nominated charity for the evening is Down’s Syndrome North East. Registered Charity Number 1096003.

Recognition awards will be presented to:

• Winners of the Northern Society Presidents’ Awards
• ICAEW Chartered Accountants in the region who are committed to their thriving communities, Net Zero and good governance awards will be announced.

Pre-dinner drinks 18:30 for 18:45, Dinner 19:30.

Dress Code: Black Tie/Posh frocks

Special message for sole practitioners and members in business:
Again we will be hosting tables exclusively for Members in Practice and Members in Business allowing the opportunity to be seated with fellow chartered accountants.
If you think that this would be applicable to you then please contact Joanne Lucking to discuss this further.

Programme

Please note that the programme is subject to change

TIME	SESSION
18:30 for 18:45	Drinks reception Guests take their seats
19:30	Dinner Awards Ceremony Keynote speaker Followed by networking
00:00	Carriages

Cost

RATE	COST
ICAEW Member	£83.33 + VAT
Non-Member	£83.33 + VAT
Retired Member	£62.50 + VAT
Young Members	£62.50 + VAT

 

Guest Speaker – Ann Cleeves

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How is chocolate financed? – breakfast seminar

Did you know that ethically investment organisation Shared Interest is based in Newcastle? Join our virtual breakfast seminar to find out.

We are pleased to announce that our behind the business seminars are back to 2023.

Have you ever wondered how Fairtrade chocolate is ethically financed? Join us virtually with Newcastle head quartered Shared Interest where we will be guided through how some chocolate is financed ethically.

Event Information

Fairtrade fortnight takes place in early March with the theme of choose Fairtrade now and help save our favourite foods. Did you know that cocoa is going to be much harder to source due to climate change?

During this seminar the team at Shared Interest will:

• Give an overview of the business
• Give insight in how Shared Interest invests in Fairtrade businesses
• Share how individuals can get involved in investing in ethical businesses

Speaker

Tim Morgan

Tim has been Finance Director at Shared Interest since 2009. He is a Chartered Accountant and Secretary who has worked with values based businesses for 25 years. He was previously Finance Director of Traidcraft for eight years to 2006 and part-time Company Secretary of Producers Direct (formerly Cafédirect Producers’ Foundation) for ten years until June 2019. Tim is also a Non Executive Director for Ecology Building Society.

Cost

COST
Price	No Charge

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Redworth 2023 General Practitioners’ Conference

Our popular general practitioners conference is back for 2023.

Having missed out on our annual conference in 2021 and 2022 we are returning in 2023 with our usual mix of high quality lectures and excellent networking opportunities.

The weekend is a great opportunity to gain valuable CPD at a competitive price. Over the weekend you will receive the equivalent of four half-day courses. It is aimed at partners, managers, and seniors in independent practices.

As well as hearing from our expert lecturers you will have the chance to connect with them and other practitioners throughout the weekend.

Event information

Topics are likely to include:

• Latest Tax updates
• Accounting updates
• Rebecca on request
• National Insurance
• Cybersecurity and Fraud
• Employment Law
• Soft skills
• Practice Matters

Why should you attend the conference?

The weekend is a great opportunity to gain valuable CPD at a competitive price. Over the weekend you will receive the equivalent of four half-day courses. It is aimed at partners, managers, and seniors in independent practices. As well as hearing from our expert lecturers you will have the chance to connect with them and other practitioners throughout the weekend

Many of the topics have been suggested by delegates who have attended previous Redworth conferences as well as the NorSCA CPD programme. Also, Rebecca Benneyworth will answer delegates’ specific tax questions in her popular “Rebecca on Request” slot on Sunday morning. You can be sure that the conference will meet your business and professional needs, as well as those of your staff.

As well as the lectures there is an excellent social aspect to the weekend, with delegates and speakers mingling during the free periods. You can benefit from lots of advice from the speakers, as well as comparing notes with other practitioners.

Spouses/partners of delegates are more than welcome to attend on a dinner, bed and breakfast basis.

Northern Society of Chartered Accountants reserve the right to change the timing of the programme and the speakers.

Cost

Rate	Cost
Residential rate	£235 +VAT
Non residential rate	£280 +VAT

To assist the conference organisers and to ensure that we can secure the hotel before cancellation charges are applied (after 30 September) delegates not wishing to pay the full amount at time of booking have the option to secure their place and pay the final balance on 11 February 2023. A non-refundable deposit of £50 per delegate is required at time of booking. An invoice will be forwarded to you for payment in January 2023 where you will be charged the balance of £185+VAT residential rate or £230+VAT non-residential rate.

When you book you will only be charged for the conference element, the accommodation charges are paid to the hotel on departure. On booking, please indicate if accommodation is required and we will book this for you at our preferential rates.

Accommodation charges payable to the hotel on departure. Prices quoted include VAT

Single accommodation £290

Twin or double (per delegate) £188

Partner/spouse rate (per night) £50

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Teesside Society Annual Dinner 2022

Gursharan Singh, Teesside Society of Chartered Accountants (TSCA) Chairman, invites you and your clients, colleagues and friends to our Annual Dinner on Friday 18 November 2022 at Jury’s Inn Middlesbrough from 19:00 until late.

Annual Dinner 2022

Look forward to a special evening this November – you don’t have to be a Chartered Accountant to enjoy the evening with us – our dinner is open to all. We would love for members to bring their colleagues, clients and guests to enjoy a memorable evening and a superb networking opportunity.

Our principal guest speaker this year will be Paul Frost. 

During the course of the evening, we will hold a raffle to raise funds for Middlesbrough Foodbank. Registered Charity Number: 1151665

Cost

Rate	Cost
Price	£50.00 + VAT

Menu

Roasted Tomato and Red Pepper Soup with a Basil Pesto Garnish served with a Selection of Bread Rolls (v)

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Thyme Butter Basted Chicken Breast with Roasted Winter Vegetables and a Rich Pan Gravy

or

Butternut Squash, Ricotta and Sage filled Tortellini with Wilted Spinach, Sugar Snap Peas and a White Wine Sauce (v)

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Sticky Toffee Pudding with a Rich Butterscotch Sauce served with Vanilla Ice Cream (v)

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Cheeseboard offering a Selection of Cheeses

~

Tea, Coffee and Chocolates

Speaker – Paul Frost

Paul’s career began on the Evening Gazette newspaper in Middlesbrough where he combined the strange bedfellows of crime reporting and the showbiz column before moving on to freelance for the national press.

He became a scriptwriter for TV, an ITN news reporter (covering such topics as the wedding of Charles and Diana) and for fifteen years the presenter of Tyne Tees TV’s nightly news programme Northern Life.

He was known as the Beard on the Box until he lost his whiskers on national TV as part of the Telethon with Michael Aspel.

Paul overcame his fear of flying by taking his pilot’s license (paid for with the proceeds of a pantomime on ice at Whitley Bay).

His popularity on TV and regular interviews with “the stars” such stars as Paul McCartney, Sting, Tina Turner, and Les Dawson and political heavyweights such as Margaret Thatcher and John Major opened the doors of the after-dinner circuit. Tony Blair booked him annually for his constituency dinner.

He formed his own PR and film company in 1994 and has produced a series of DVD documentaries including The Seeds of Goosepool which tells the fascinating tale of WWII Lancaster crews and their devastating losses and The Great Survivor, the story of Europe’s oldest battleship still afloat.

His book “Where’s Me Glasses?” is a squint from middle age, dedicated to everyone who has turned the corner from Adventure Avenue to Downhill Drive. He admits on the cover that he’s now an old git. But of course that hasn’t always been the case. He’s been a teenage git and a young married git.

Paul has two daughters and a son and lives in the village of Bishopton near Darlington in North East England with his wife Jo.

He has the ability to laugh at life and all around him and specialises in accents and mimicry. His talents once fooled Esther Rantzen with is impersonation of Prince Charles…..the story made the News of the World has delighted audiences ever since.

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Autumn Tax update with Bob Trunchion

Join Bob Trunchion for his regular half yearly Tax updates.

This course has been specifically designed to meet the needs of general practitioners, concentrating on matters that really affect your clients – achieving these aims for 30 years. Attending every six months not only gives you targeted CPD but alerts you to what you need to know. It is presented by an experienced speaker who has been training for the Northern Society of Chartered Accountants for all that time and understands the local environment.

Event Information

This course has proved to be the essential update for all practitioners and staff involved with clients affected by tax issues, as well as tax specialists for 30 years! The course aims to keep your technical knowledge up to date to comply with the ever-changing regulatory environment. The course is intended not only to alert you to such technical changes, but to highlight practical points which can be used in practice.  

By the time of the Course, changes to supply chains and other matters due to Brexit will be settling down and, hopefully, the Covid-19 Pandemic and other winter bugs should be easing. We will have had a Budget in the Autumn of 2021. Whilst this is heralded as just a “technical” Budget, there is still plenty of scope to change capital taxes in the UK given all the technical proposals that have been made by the OTS!

Clearly, there should be another Budget come the Autumn of 2022.

Whether “major or a minor” Budgets, all the above factors will combine to give a considerable amount of content to cover!

Content

This course aims to provide delegates with a practical and intensive review of developments over the last six months as well as changes likely to occur in the near future.

This course aims to cover the following topics:

• Tax announcements in 2021 Autumn Budgets
• What was in the resultant Finance Act 2021 and will be in Finance Bill 2022?
• Is there anything our clients should be doing now in the light of the increases already announced to CT and NIC
• Where are we on MTD, its delayed introduction and how should we be preparing our firms and our clients
• Where are we on the “level playing field” like the extension of IR35, the NMW/NLW etc?
• Recent Tax cases and HMRC pronouncements
• VAT and indirect tax developments including import and export solutions, ATED revaluations
• Other regulatory announcement affecting the Tax Profession such as on AML, CCOs, PCRT and all the other regulatory matters where we have to keep up to date.

Cost – webinar rates

RATE	COST
Price	£60.00 + VAT
Retired Member	£30.00 + VAT
Career Break Member	£30.00 + VAT

Cost – in person attendance rates

This course will be a hybrid event – you can attend in person too at Blaydon Rugby Club – please see details at this link.

RATE	COST
Price	£90.00 + VAT
Retired Member	£45.00 + VAT
Career Break Member	£45.00 + VAT

Northern Society CPD programme 2022

Northern Society runs a full programme of CPD courses that are open to all. Details of our 2022 programme are set out below.

Date	Session	Speaker
24 March 2022	What makes a good audit senior?	James Charlton
30 March 2022	A very practical Tax update – what you need to know	Rebecca Benneyworth
30 March 2022	Employment Taxes – an absolutely essential update	Rebecca Benneyworth
28 April 2022	Spring Tax update	Bob Trunchion
12 May 2022	Common disclosure errors in financial statements	John Selwood
23 June 2022	The A to Z of small and micro entity accounts	Peter Herbert
22 September 2022	Making Tax Digital – less than 130 days to go	Rebecca Benneyworth
22 September 2022	25% Corporation Tax – are there any small business Tax planning issues left?	Rebecca Benneyworth
11 October 2022	What makes a good audit junior?	James Charlton
19 October 2022	Are you ready for changes in auditing in 2023?	John Selwood
17 November 2022	Property Accounting – all the important considerations for accountants	Peter Herbert
1 December 2022	Autumn Tax update	Bob Trunchion

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