• Making Tax Digital finally postponed (or scrapped?)
    14th July 2017

    Making Tax Digital finally postponed (or scrapped?)

    The Government have finally given in to the constant pressure over MTD, and announced that quarterly reporting for income tax and corporation tax will be delayed until “at least” April 2020.
  • FRS102 - Tearing up the rule book
    10th July 2017

    FRS102 - Tearing up the rule book

    The replacement of UK accounting standards to create the new accounting framework FRS102 was a radical step, but one that is now fully embedded within our culture. Some medium sized companies have prepared two years of accounts under this regime now and many smaller or micro entities have now gone through the transition too.
  • MBOs: Getting the price right
    6th July 2017

    MBOs: Getting the price right

    Management Buyouts (MBOs) are an efficient exit mechanism for private company owners to retire (or partially retire) by handing over control of the company to the senior management team. In previous articles, I have discussed the fundamentals of MBOs and the importance of preparation to deliver a successful MBO. In the current article, I shall aim to tackle the most thorny issue in an MBO – the price of the MBO itself!
  • Pensions Update
    3rd July 2017

    Pensions Update

    The volatility of the market takes it toll on investment performance, but how can you predict the market? Certainly many fund managers weren’t expecting the EU referendum to go the way it did, Trump to be elected and the uncertainty of the recent election result which surprisingly resulted in a strengthening of the pound amongst the chaos of the result.
  • Financial Focus On..."Now Get Out of That"
    19th June 2017

    Financial Focus On..."Now Get Out of That"

    For those of the younger generation without long memories, “Now Get Out Of That” was a BBC series in the early 1980s that tasked teams of individuals with various tasks and problems in order to reach a location or solve a puzzle. The solutions to the individual problems were often surprisingly simple and usually relied on the teams asking the right questions in order to find the best solution.