Blog

  • Professional negligence claims - what are the responsibilities of accountants to their clients?
    9th December 2019

    Professional negligence claims - what are the responsibilities of accountants to their clients?

    Professional negligence claims against accountants can be rather complex matters with a lot of factors to consider. One way to simplify the process of considering whether there is even a case to be made/answered is to start by looking at whether the accountant is in breach of their responsibilities to the client.
    READ MORE
  • Are you underestimating fraud risk in your SME?
    29th November 2019

    Are you underestimating fraud risk in your SME?

    Fraud is a label that is applied to a wide variety of crimes which businesses and individuals can fall victim to. It includes everything from employees misappropriating assets to complex cyber threats, and all manner of deception and embezzlement in between.
    READ MORE
  • What are the major parties promising on tax in the forthcoming election?
    27th November 2019

    What are the major parties promising on tax in the forthcoming election?

    The party manifestos have now been published, so we now have a clearer picture of what the tax landscape might look like in the event of a majority government for any of the three national parties, and where common ground could be found in the event of another hung parliament.
    READ MORE
  • Making Tax Digital and LATCos
    25th November 2019

    Making Tax Digital and LATCos

    Local authorities follow VAT Notice 749 in determining which activities are business or non-business for VAT purposes however a LATCo (Local Authority trading company) will be trading on normal commercial terms and therefore it is worth taking advice on VAT registration and, in particular, to be aware of how VAT is now administered through Making Tax Digital (MTD).
    READ MORE
  • Making Tax Digital for VAT - an update
    25th November 2019

    Making Tax Digital for VAT - an update

    We are now eight months into HMRC’s regime of “Making Tax Digital” for VAT. This covers VAT registered entities whose VATable income is in excess of the registration threshold. The requirement for these entities is that the data to complete their VAT Returns is submitted directly from the accounting records, which are maintained in an electronic format, without the need to retype the relevant figures into the boxes that make up the VAT Return.
    READ MORE
12345678910...