• 6th February 2015

    Time is running out for the 11,000 companies who may have a claim for a share of over £2bn

    The Financial Conduct Authority (FCA ) has set a deadline of 31 March 2015 by which time those who may be eligible for redress for mis-sold financial hedging products under the Interest Rate Hedging Products (IRHP) scheme must register their intention to be included within the review process.
  • 2nd February 2015

    Time to take advantage of Entrepreneurs Relief

    Now that we have passed the 31 January deadline for tax returns and we accountants are thinking of taking a breather, it may well be time to look at our owner managed clients who, for a variety of reasons may be thinking about ceasing to trade and returning funds to shareholders.
  • 27th January 2015

    Financial Focus On... Cheap motoring for young drivers

    The costs of insuring a car for a young driver these days are extremely high. Seen as high risk by the insurance companies, many insurance premiums can top £1,200 per year, even on small cars. As a result, these days, motoring for young drivers often has to be subsidised by their parents.
  • 19th January 2015

    Uncovering occupational fraud

    The Oxford dictionary defines fraud as (a) “wrongful or criminal deception intended to result in financial or personal gain”. For company frauds this could be expanded to incorporate the deliberate misappropriation of company assets to achieve the gain. Despite the fastest growing global areas of fraud being cyber related, the traditional occupational fraudster remains a significant company risk although their typical profile is changing.
  • 16th January 2015

    Fraud: motive, opportunity and ability

    More than a quarter of businesses are subject to payroll fraud, and it is twice as likely in small organisations. These figures should be sobering, as a typical fraud adds about six percent to payroll costs.