News & Press

The headline thresholds for companies that are required to be audited have not changed for a number of years: £10.2m turnover; £5.1 assets; and 50 staff. However, below the surface are a number of exceptions and you will need to consider...

Sensitive company information in the public domain can be used by various stakeholders such as employees or in particular competitors to gain an advantage.A classic example of this, and an accountants worst nightmare, is when the detailed...

Many small business owners are often looking at tax efficient ways to get money out of their company, or to provide small rewards to employees in a tax efficient way.HMRC recognise that for small items, it is often not practical or efficient...

It was only at our annual insurance review meeting with our brokers (Churchill Insurance Consultants Ltd) that it was highlighted to me that the Insurance Act 2015 existed.Essentially the act deals with the non-disclosure of material facts in...

The last few years have seen a number of controversial changes to the UK tax system, and for buy-to-let landlords, the new legislation has proved particularly costly. Cuts to tax relief and hikes in stamp duty have seen profits from...

Whether you’re an experienced investor or a first-time landlord looking to dip your toe into the market for the very first time, VAT can be a complex and often confusing issue. In this article, we’ll look at some of the ways in which VAT can...

When it comes to selling your business, preparation is everything and it must start years beforehand.There are a number of key elements that require focus:Establishing the business’ story (history, current standing and prospects)Selecting the...

When it comes to selling your business, preparation is everything and it must start years beforehand. There are a number of key elements that require focus:Establishing the business’ story (history, current standing and prospects)Selecting...

In the autumn budget in October last year, the government announced fresh changes to the UK tax system, making good on their campaign promises to cut income tax rates and increase the personal allowance. The new legislation means millions of...

The UK will soon be leaving the European Union. While the details and timings of Brexit remain a topic of parliamentary debate, at this stage it appears the UK will leave one way or another. There is a high chance that the UK will be leaving...

The benefits of an audit are always likely to outweigh the cost.  Below are just some of the benefits:Streamline Your OperationA good auditor will really get under the skin of your business. In carrying out their audit work they are likely to...

Announced in the spring budget of 2015, Making Tax Digital (or MTD) is the government’s pioneering initiative to modernise the UK tax system. By introducing digital record keeping across the board, the programme is set to revolutionise the...