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‘Flexible Extension’ To Article 50

7th June 2019 | Written by In Accountancy | Categories : Brexit, Business, HMRC, local interest, News
‘Flexible Extension’ To Article 50

Business groups, including the British Chambers of Commerce (BCC) and the Confederation of British Industry (CBI), have commented on the six-month ‘flexible’ extension of Article 50, granted to the UK by EU leaders. The extension potentially pushes ‘Brexit Day’, the day when the UK officially leaves the EU, to 31 October 2019. Reacting to the news, the BCC stated that Read the full article…


Money Laundering

5th June 2019 | Written by In Accountancy | Categories : Business, Client Focus, HMRC, Limited Companies, News
Money Laundering

HMRC has published a list of businesses that have not met their obligations under the Money Laundering Regulations. As a supervisor of the Money Laundering Regulations HMRC has a duty to publish details of businesses that have been penalised for not complying with the regulations. HMRC advises that it considers cases individually to decide whether to publish details in full, Read the full article…


Consultation on Extension of IR35 Rules

3rd June 2019 | Written by In Accountancy | Categories : Contractors, HMRC, Tax
Consultation on Extension of IR35 Rules

HMRC has published guidance on the extension of the off-payroll working rules (also known as IR35) to the private sector, a year ahead of its implementation on 6 April 2020. In the guidance, HMRC state that the responsibility to determine whether the off-payroll working rules apply will fall on the organisation receiving the individual’s service. It outlines a four-step process Read the full article…


Cashflow – How to speed up your Cash Conversion Cycle

20th May 2019 | Written by In Accountancy | Categories : Accounts, Budget, Business, CASH, Client Focus, Limited Companies, News, Tax
Cashflow – How to speed up your Cash Conversion Cycle

In the next in our series of articles on how to improve your cashflow we take a look at the cash conversion cycle and actions you might be able to take to shorten it. I think it’s safe to say that we all agree that turning what we do into good, hard cash as quickly and profitably as possible is Read the full article…


Greater Manchester Clean Air Zone Proposal

17th May 2019 | Written by In Accountancy | Categories : Business, CASH, Client Focus, local interest, Miscellaneous, News
Greater Manchester Clean Air Zone Proposal

The Greater Manchester Clean Air Proposal consultation is now open. You have the opportunity to have your say from now until midnight on Sunday 30 June 2019 here: https://cleanairgm.com/conversation and we would strongly encourage you to do so, as this proposal is likely to impact every household in the region, not just businesses using HGVs and vans. For full details Read the full article…


Making Tax Digital for VAT – Quick Update

17th May 2019 | Written by In Accountancy | Categories : Accounts, HMRC, Limited Companies, Making Tax Digital, News, VAT
Making Tax Digital for VAT – Quick Update

We are now six weeks into the Government’s Making Tax Digital for VAT initiative, and so far, so good. If we currently look after and submit your VAT returns on your behalf, then rest assured that you are in good hands – we are MTD ready and ensuring all clients are compliant with new legislation in plenty of time. If Read the full article…


Congratulating Kathryn!

16th May 2019 | Written by In Accountancy | Categories : IN Team, Miscellaneous, News, Tax, Team News
Congratulating Kathryn!

Big shout out to Kathryn who was invited to attend a ceremony in the Houses of Parliament last week in celebration of achieving her ATT (Association of Accounting Technicians) qualification. Kathryn has an incredible work ethic, having studied continuously since joining us in 2012 and balancing her work and studies with bringing up two amazing children, not to mention having Read the full article…


Cashflow – Mind Your Margins to Increase your Cashflow

14th May 2019 | Written by In Accountancy | Categories : Accounts, Budget, Business, CASH, Client Focus, Limited Companies, News, Tax
Cashflow – Mind Your Margins to Increase your Cashflow

In the next in our series of articles on how to improve your cashflow we take a look at margins, and how simply understanding them better, and focusing on them more regularly will have a knock on effect on improving your cashflow. Simply monitoring and understanding the margins in your business will ensure you ask better questions about your cashflow Read the full article…


Cash really is King – how to improve your cashflow

3rd May 2019 | Written by In Accountancy | Categories : Accounts, Budget, Business, CASH, Client Focus, Limited Companies, News, Tax
Cash really is King – how to improve your cashflow

We have been working with a number of clients recently around improving their cashflow. I continue to be surprised by the number of businesses out there who focus on growth above all else and forget the rule that Turnover is Vanity, Profit is Sanity, but cash is KING! And it’s such an important area of focus for any business, that Read the full article…


Update on Structures and Buildings Allowance

29th April 2019 | Written by In Accountancy | Categories : Budget, Business, Client Focus, HMRC, News
Update on Structures and Buildings Allowance

Chancellor Philip Hammond delivered the Spring Statement on Wednesday 13 March 2019 amidst all the Brexit debates. In his speech the Chancellor provided an update on the economy and responded to the Office for Budget Responsibility forecasts. In addition he launched consultations on various aspects of the tax system together with updates on earlier consultations. One area subject to consultation Read the full article…