Category: News and Articles

What’s new in Xero? – May 2018

What’s new in Xero? – Our monthly update of new and upcoming features… For clients and end users ‘New expenses’ changes – Xero launched their ‘new’ expenses feature back in November 2017. It includes receipt OCR and could possibly replace

Budget 2016

The famous red briefcase

Overall, the economic outlook given by the Office of Budget Responsibility was downgraded, with the data supporting the view that the wider world economy is uncertain.

Budget 2015 – The End of Personal Tax Returns?

The famous red briefcase

Our thoughts on the Chancellor’s pre-election Budget As usual, most of the measures announced in the government budget 2015 had been released to the press ahead of the budget speech, with the significant tax measures for the coming year set

VAT MOSS update

In our December 2014 article you may remember we advised that HMRC guidance was still evolving in the area.

We highlighted a potential trap if UK businesses that are not VAT registered (i.e. their annual sales fall below the £81,000) could be caught by the new VAT MOSS regulations.

Celebrating a brilliant 2014

We’ve seen massive change in our business over the last 12 months with a move into our new office space last December and a growth in the team from 4 of us this time last year to 9 of us

Change ahead for VAT treatment of prompt payment discounts

Do you offer discounts to your clients for prompt payment? If so, you need to be aware of the upcoming changes to prompt payment discounts. From 1 April 2015, these will affect the VAT treatment of prompt payment discounts which

What could the Autumn Statement 2014 mean for your business?

The famous red briefcase

As you would expect of specialists in business accounting, we watched the Chancellor’s 2014 Autumn Statement speech extremely closely.  There was the usual intense scrutiny of George Osborne’s announcements in the media, but what we wanted to know is: what

What every digital services supplier needs to know about 2015 EU VAT changes

See VAT Moss update 03/02/2015 The New Year doesn’t just bring new opportunities. It also brings updates to legislation which could affect your business if you don’t keep up. If you supply digital services, you need to know about some

What the 2014 UK Budget Means for Independent Business

The famous red briefcase

George Osbourne’s latest budget was released today, but what does it means for the business owner? There are many positive moves for business, and it is set in the context of upgrades in economic outlook; an indication that the economy

What Budget 2013 means for Independent Business

The famous red briefcase

George Osbourne’s latest budget was released yesterday and was full of swings and roundabouts, but what does it means for the business owner? There are many positive moves for business, although it is set in the context of further downgrades

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