Wishing all our clients a very Merry Christmas and a very Prosperous New Year. Please note that we will be closed from Friday 21st December 2007 until Wednesday 2 January 2008. Rate this: 3.2
We have today updated our website for our latest Client Briefing, number 6, with all the latest on the implementation of the new Companies Act 2006. The original target date for the act to be in full force was originally October 2008, but we have now seen this extended by the current Government to October [...]
Many of you will probably not really understand (nor dare I say it, you will have never had it explained to you) what is going on when your accountant sits there and tells you what he has done concerning assets that you have bought and how they qualify for tax relief (capital allowances). Simply put, [...]
Q: I own and operate a custom glass terrarium company that designs enclosures for reptiles, amphibians and insects.Currently, I manufacture between 100-150 units per month but would like to boost that number to 100-150 per week. At the moment, all my free time is dedicated to this business as I have not had enough sales [...]
These days there are so many other ‘professionals’ out there other than the accountant to help business. And that’s a good thing. So how can a mentor help you and your business, and what does a mentor actually do? A good mentor is there to help you (the ‘mentee’) develop a sustainable and successful business [...]
According to the Department for Business, Enterprise and Regulatory Reform ‘BERR’ cuts to red tape are saving UK businesses over £800 million per year, oh great All I can say, those that staff the BERR (who ever came up with that name, must have been down the pub!) and the government you really need to [...]
How will the cost of my website be treated in my accounts?, this is one question I have been asked many times, also one that seems to confuse many, including accountants, and no wonder, technology and the way we all do business has changed at such a fast pace in the last five years that [...]
If you are buying or selling a VAT registered business this is for you. From 1 September 2007 the TOGC rules changed. The vendor (seller) is no longer required to transfer the records of the business to the purchaser, nor to obtain the ‘vatmans’ permission to retain the records. From 1 September 2007 the seller [...]
15 December 2007 new Money Laundering Regulations come into force, not the best timing for us accountants, but hey, when did you last see this government care about anyone else? My posting is not one to bash our government, no matter how tempting that may seem, it’s one to inform, those accountants who are not [...]
I have previously posted about the changes to Capital Gains Tax rules and the uncertainty such dithering causes, well it would appear the dithering continues, Alistair Darling will now not detail any reforms to the changes already made for at least another three weeks. Once he announces any amendments that help clarify the situation I [...]