News & Press

A company is a going concern when the management consider the company can reasonably continue to trade for the foreseeable future, which is usually accepted to be a further twelve months.The alternatives to a going concern is where the...

Now that May 31st 2016 has come and gone, if you are an employee of a company, your employer would (and most definitely) should have given you a piece of paper which detailed exactly how much you were paid in the last financial year (if not,...

This is evident from the passing of the Civil Partnership Act 2004 which enabled same sex partnerships to have the same rights as opposite-sex couples. This came into force in the UK on 5 December 2005. Further to this, in March 2014, the UK...

Wisteria today attended the 2013 BCCA conference and have now supported the event for four years in a row. The BCCA are a trade association for third party cheque cashers, short-term lenders and credit brokers who were founded in 1994.This...

The basic rights that you could be eligible to claim upon being made redundant are:Redundancy payNotice periodOption to move into a new and different jobTime off to find a new (replacement) job.Firstly, what is redundancy pay? It is...

We are seeing more and more people come forward to declare rental income that previously had not been included on their tax return. More often than not, this is being triggered by letters sent out by HMRC.HMRC now have direct access to HM...

With all of us living longer, healthier lives, it’s more important than ever to ensure we have a generous pension pot when we retire. If you’re lucky enough to be enrolled in a final salary pension scheme, most of your retirement planning is...

What is bookkeeping?Bookkeeping is the process of recording and organising the financial transactions of a business.This usually includes sales, purchases, receipts, payments, payroll, invoices, expenses, bank transactions and VAT records...

Britain has long been recognised as a world-leader in science and technology, and some of the biggest breakthroughs of the past 50 years have their roots here in the UK. Major advances, such as the jet engine, DNA profiling and the World Wide...

1. Mixing personal and business financesOne of the most common mistakes is failing to separate personal and business finances.This can make it harder to understand how the business is performing, track expenses accurately and prepare accounts...

1. You are unsure how profitable the business really isA business can be busy without being profitable.If you know sales are coming in but are unsure how much profit you are actually making, this is a sign that your financial reporting needs...

How Much Can I Contribute to My Pension and What Happens If I Exceed My Allowances?With people living longer, healthier lives, planning for your future is more important than ever. Making regular contributions to your pension fund will help...