Chartered accountants, tax & business advisors
Getting the business you need to have the life you want normally means having a profitable business, where you are in control and know what’s going on. Management accounts are a great tool to help you see when you need to take corrective action so ... Read news article
Small firms are owed a staggering £23.4 billion in late payments, an issue that is continuing to cause greater problems for businesses each year. In the last year alone, the figure has increased by £10.4 billion.
According to one study, this is co... Read news article
Non-corporate entities, such as partnerships, sole traders and trusts, can now join VAT groups.
The legislation came into effect at the beginning of this month after a European court judgment.
Under previous legislation, two or more companies c... Read news article
A recent survey from an accounting software provider has revealed that over 50 per cent of small and medium-sized enterprise (SME) owners in the UK have made a mistake when filing their VAT returns, while just one in four feel confident that they hav... Read news article
HM Revenue & Customs (HMRC) has urged taxpayers to be vigilant ahead of the self-assessment deadline on 31 January 2020, with a surge in fraudulent activity expected.
HMRC has said that it has received 900,000 reports in the last 12 months rel... Read news article
Is your business out of control? Do you know where you’re going? How are you going to get there? Are you on track? Are you happy with your answers to these questions? Building the business you need to have the life you want is going to be easier if... Read news article
A major new study has revealed that almost half of small business employees have experienced issues with their pay.
The research published by cloud accounting provider Xero, shows that 49 per cent of workers in the smallest businesses have been pa... Read news article
A new report has revealed that the incorrect interpretation of VAT legislation has led to some debt enforcement agencies charging VAT to the debtor, rather than the creditor.
According to StepChange, the debt charity, some High Court bailiffs have... Read news article
Here are some of the things our clients have achieved this week..
Saving money by taking a car out of the company - Our client had a company car, which until recently was tax efficient for them. Changes in the business prompted a review that fou... Read news article
HM Revenue and Customs (HMRC) has responded to the new Office of Tax Simplification (OTS) report entitled ‘Simplifying tax for smaller businesses’.
The OTS found that tax is “needlessly complicated” in some areas, posing a significant chal... Read news article
