• 16th March 2015

    Why is whistle blowing a good thing?

    Whistle blowing is universally accepted as a good thing. Encouraging employees to speak out safeguards the integrity and reputation of an organisation, safeguards the employees and public and minimises financial loss and inefficiencies. A whistle blowing policy is an essential part of good corporate governance in companies of all sizes as well as charities and public sector organisations. In essence “Don’t shoot the messenger”.
  • 4th March 2015

    Entrepreneurs' relief - here to stay?

    With the up-coming pre election budget, one of the topics that has got a lot of business owners, accountants and anyone involved in M&A work buzzing is what will happen to entrepreneurs relief.
  • 2nd March 2015

    Solicitors Tax Campaign - what is it?

    The Solicitors’ Tax Campaign announced by HMRC in December 2014 requires solicitors to notify intention to make a voluntary disclosure of underpaid tax by 9 March 2015 and full disclosure and payment of tax by 9 June.
  • 16th February 2015

    Financial Focus On...Fig Leaves to Fleeces

    From biblical times to the present day, clothing has been worn for more than one purpose at a time – for protection, for comfort, for modesty, as a uniform or because it is traditional. This inherent “duality of purpose” element of wearing clothing for more than one reason at a time is a cause celebre as far as HM Revenue & Customs (HMRC) is concerned. As a result the Inspector of Taxes will often seek to disallow or to tax the costs of clothing when they appear in a business’s accounts or as a tax claim.
  • 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.