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Limited Companies

What is Turnover in relation to UK businesses?

15th October 2019 | Written by In Accountancy | Categories : Limited Companies, Self-Employed, Small Business Tips
What is Turnover in relation to UK businesses?

What is Turnover? Turnover is a great indicator of business or sales performance, in fact it’s probably the most simple business metric there is. Turnover is not, however, an indicator of the health of your business though – read on
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‘Major Gaps’ In No-Deal Brexit Guidance

11th October 2019 | Written by In Accountancy | Categories : Accounts, Brexit, Business, Client Focus, Events, HMRC, Limited Companies, local interest, News, Self-Employed, Small Business Tips
‘Major Gaps’ In No-Deal Brexit Guidance

According to the British Chambers of Commerce (BCC) there are ‘major gaps’ in the government’s no-deal Brexit guidance for UK businesses. The BCC carried out a review of official government no-deal Brexit guidance for businesses, and found that 31 of
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Strong Customer Authentication

26th September 2019 | Written by In Accountancy | Categories : Business, Limited Companies, Miscellaneous, News, Uncategorized
Strong Customer Authentication

The Financial Conduct Authority (FCA) has agreed a plan to give the payments and e-commerce industry extra time to implement Strong Customer Authentication (SCA). From 14 September 2019, new European Union (EU) rules apply that impact how banks or payment
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Simplify Apprenticeship Funding

23rd September 2019 | Written by In Accountancy | Categories : Business, HMRC, Limited Companies, News
Simplify Apprenticeship Funding

The Institute of Chartered Accountants in England and Wales (ICAEW) has urged the government to simplify the complexities of accessing apprenticeship funding. The Apprenticeship Levy took effect from 6 April 2017 and changed the way in which apprenticeships are funded.
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PAYE Late Filing And Late Payment Penalties

18th September 2019 | Written by In Accountancy | Categories : Business, Client Focus, HMRC, Limited Companies, Pensions and Payroll
PAYE Late Filing And Late Payment Penalties

HMRC has confirmed that it will continue its risk-based approach to payroll Real Time Information (RTI) late filing and late payment penalties this tax year. Rather than late filing and late payment penalties being issued automatically, HMRC will continue to
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IN Accountancy… what we’re all about…

10th September 2019 | Written by In Accountancy | Categories : Accounts, Client Focus, Limited Companies, News, Team News
IN Accountancy… what we’re all about…

At long last I’ve updated my profile on LinkedIn… it’s been long time coming and when I looked at it I realise that I last wrote it just as I started working with IN Accountancy on consultancy basis; and that
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VAT Changes May Cause Construction Chaos

25th August 2019 | Written by In Accountancy | Categories : Accounts, Business, CASH, CIS, Construction Industry, HMRC, Limited Companies, Tax, VAT
VAT Changes May Cause Construction Chaos

The Federation of Master Builders (FMB) is warning that a major change in the way that VAT is accounted for in the building and construction sector which takes effect later this year may cause chaos. The VAT domestic reverse charge
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How to improve cash flow in a small business: Cash really is King!

23rd August 2019 | Written by In Accountancy | Categories : Accounts, Budget, Business, CASH, Client Focus, Limited Companies, News, Small Business Tips, Tax
How to improve cash flow in a small business: Cash really is King!

How to improve cash flow in a small business? This is a question we are often asked by clients and contacts alike. I continue to be surprised by the number of businesses out there who focus on top line sales
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New Measures To Ensure Small Businesses Get Paid On Time

19th July 2019 | Written by In Accountancy | Categories : Budget, Business, Limited Companies, News
New Measures To Ensure Small Businesses Get Paid On Time

The government has announced a package of measures to ensure small businesses get paid on time. Under the proposals, large businesses could be fined for failing to pay smaller suppliers on time as part of a robust package of measures.
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MTD for VAT Latest

11th July 2019 | Written by In Accountancy | Categories : Business, HMRC, HMRC, Limited Companies, Making Tax Digital, Making Tax Digital, News, VAT
MTD for VAT Latest

HMRC is phasing in its landmark Making Tax Digital (MTD) regime, which will ultimately require taxpayers to move to a fully digital tax system. Under the rules, businesses with a taxable turnover above the VAT threshold(currently £85,000)must keep digital records
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