Virgo Associates

Since 2015 Virgo Associates, based in Bedfordshire, has been providing expert advice and accountancy services to both corporate and individual clients.

Our friendly team work closely with several businesses around the country as well as a wide selection of clients in Beds, Bucks and Herts.

We don’t just specialize in tax and accountancy compliance, we can help with all of your accounting needs, such as management accounting, forecasting and tax planning, Whatever you need Virgo Associates and our committed team can provide a hassle-free service.

We take pride in offering advice on how to develop and grow your business, providing the strategic insight to help you succeed.

Contact our team for a free consultation if you'd like additional details.

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Latest news from Virgo Associates

September 12, 2024
Plan 1 student loan interest rate to change to 6%

The Plan 1 student loan interest rate reduced to 6% (from 6.25%) from 30 August. This rate change applies across the UK with the Department for Education (DfE), the Welsh Government and the Department for the Economy in Northern Ireland (DfE NI) all confirming the change.

Read article
September 11, 2024
Barratt Developments' profit drop sends ripples through construction and property sectors

Barratt Developments, the UK's largest housebuilder, has reported a significant decline in pre-tax profits, down by three-quarters for the year ending June 2024. This comes as the company completed just 14,000 homes, a sharp decrease from 17,000 the previous year, with forecasts suggesting even lower figures of 13,000 to 13,500 homes for the upcoming year.

Read article
September 10, 2024
Government crackdown on illegal employment: What business owners need to know

Last month, the Home Secretary, Yvette Cooper, announced a significant government crackdown on employers hiring migrants illegally.

Read article
September 9, 2024
Public sector procurement: Missed targets and opportunities for SMEs

A recent report by the British Chambers of Commerce and Tussell has highlighted the ongoing challenges the public sector faces in meeting its procurement targets for small and medium-sized enterprises (SMEs).

Read article
September 4, 2024
October budget to be “painful”

The Prime Minister, Sir Keir Starmer, speaking from Downing Street last Tuesday, has said that the budget in October will be “painful” and the government would be making “big asks” of the country.

Read article
September 2, 2024
Do you need to register for self-assessment?

HM Revenue and Customs (HMRC) have issued a press release debunking some common myths about whether or not someone needs to register to complete a self-assessment tax return.

Read article
August 29, 2024
Don’t miss out on Winter Fuel Payments: Check your eligibility for Pension Credit

As a pensioner you were likely dismayed to learn that Winter Fuel Payments are now being restricted to those who are on benefits and Pension Credit. The Winter Fuel Payment is a key benefit to help with increased heating costs during winter that was previously paid to all pensioners. However, with recent changes, the payment is now means-tested and linked to eligibility for Pension Credit.

Read article
August 28, 2024
Extending Child Benefit payments: What you need to know

As GCSE results day approaches on 22 August 2024, many families are considering the next steps for their school-leaving children. If your child plans to continue in approved education or training, it’s important to extend your Child Benefit claim before 31 August to avoid missing out on financial support.

Read article
September 12, 2024
Plan 1 student loan interest rate to change to 6%

The Plan 1 student loan interest rate reduced to 6% (from 6.25%) from 30 August. This rate change applies across the UK with the Department for Education (DfE), the Welsh Government and the Department for the Economy in Northern Ireland (DfE NI) all confirming the change.

Read article
September 11, 2024
Barratt Developments' profit drop sends ripples through construction and property sectors

Barratt Developments, the UK's largest housebuilder, has reported a significant decline in pre-tax profits, down by three-quarters for the year ending June 2024. This comes as the company completed just 14,000 homes, a sharp decrease from 17,000 the previous year, with forecasts suggesting even lower figures of 13,000 to 13,500 homes for the upcoming year.

Read article
September 10, 2024
Government crackdown on illegal employment: What business owners need to know

Last month, the Home Secretary, Yvette Cooper, announced a significant government crackdown on employers hiring migrants illegally.

Read article
September 9, 2024
Public sector procurement: Missed targets and opportunities for SMEs

A recent report by the British Chambers of Commerce and Tussell has highlighted the ongoing challenges the public sector faces in meeting its procurement targets for small and medium-sized enterprises (SMEs).

Read article
September 4, 2024
October budget to be “painful”

The Prime Minister, Sir Keir Starmer, speaking from Downing Street last Tuesday, has said that the budget in October will be “painful” and the government would be making “big asks” of the country.

Read article
September 2, 2024
Do you need to register for self-assessment?

HM Revenue and Customs (HMRC) have issued a press release debunking some common myths about whether or not someone needs to register to complete a self-assessment tax return.

Read article
August 29, 2024
Don’t miss out on Winter Fuel Payments: Check your eligibility for Pension Credit

As a pensioner you were likely dismayed to learn that Winter Fuel Payments are now being restricted to those who are on benefits and Pension Credit. The Winter Fuel Payment is a key benefit to help with increased heating costs during winter that was previously paid to all pensioners. However, with recent changes, the payment is now means-tested and linked to eligibility for Pension Credit.

Read article
August 28, 2024
Extending Child Benefit payments: What you need to know

As GCSE results day approaches on 22 August 2024, many families are considering the next steps for their school-leaving children. If your child plans to continue in approved education or training, it’s important to extend your Child Benefit claim before 31 August to avoid missing out on financial support.

Read article
February 21, 2024
Action Fraud warns of remote access scams

Action Fraud has received over 30 crime reports since June 2023 relating to remote access scams targeting businesses, with victims reporting losses totalling over £3.8 million.

Read article
September 18, 2023
Google AI training for start-ups and small businesses

Google have launched AI (Artificial Intelligence) focused online training for people and businesses to help capture the benefits of AI, whether it’s to save time, get a new job, or grow your business.

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February 21, 2024
The Autumn Statement is scheduled for 22 November 2023

The Chancellor of the Exchequer, Jeremy Hunt, has confirmed that the Autumn Statement will be on 22 November 2023. The Autumn Statement can affect tax policy, benefits, and much more. The Chancellor will make his announcement to Parliament, setting out the Government’s plans on all matters fiscal and economic. Interestingly, this could be the Chancellor’s last statement before the next General Election, depending on the time frame that the government chooses.

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February 21, 2024
ICO consultation on the draft biometric data guidance

The Information Commissioner's Office (ICO) has produced guidance on biometric data and biometric technologies.

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February 21, 2024
AI Safety Summit

The AI Safety Summit will take place on the 1st and 2nd November at Bletchley Park.

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February 21, 2024
Creating value through innovation

Innovation has generally been recognised as essential for value creation, both for individual companies and for the UK economy as a whole. The development of new ideas, processes, and technologies and their flow across different sectors is a significant driver of economic growth and productivity. Recently, innovation has also been identified as crucial to the transition of the economy away from fossil fuels and carbon-intensive business activities.

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