Blog

  • Box Office Phil Ditches the Red Box
    13th March 2018

    Box Office Phil Ditches the Red Box

    The introduction of the Spring Statement as one of the Chancellor’s first acts really is a testament to his ironic nickname “Box Office Phil” as he is renowned for avoiding a showmanship style of politics in favour of caution to avoid unintended headlines.
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  • GDPR - implications for the hotel and tourism sector
    13th March 2018

    GDPR - implications for the hotel and tourism sector

    Businesses within the hotel and leisure industry must comply fully with the EU General Data Protection Regulation (GDPR) by 25 May 2018. Those who fail to comply face fines of up to 4% of turnover or €20m – whichever is the greater.
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  • The benefits of cloud accounting
    12th March 2018

    The benefits of cloud accounting

    Cloud accounting packages have some very intuitive features and many of them are very helpful. If sufficient care is put into setting them up right, then they can significantly cut down on the amount of manual work required in keeping your records up to date. However, there are some features that can lead you down a path of errors and this can be terribly tricky to undo. It is therefore vitally important that the users of the software have been trained appropriately and that regular checks are carried out.
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  • Does Country By Country reporting apply to my company?
    12th March 2018

    Does Country By Country reporting apply to my company?

    As part of an international effort to clamp down on tax avoidance, certain companies are now required to file annual Country By Country (CBC) reports. These show how key financial measures arose in the year on a territory by territory basis.
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  • What are the Risk to Capital requirements for Venture Capital Trusts (VCT) investments?
    7th March 2018

    What are the Risk to Capital requirements for Venture Capital Trusts (VCT) investments?

    The Finance Bill 2017-18 introduces the new ‘Risk to Capital’ condition for an investment to qualify for any of the venture capital reliefs – SEIS/SEIS/VCT.
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