It is just over a week to Budget Day, and there is nothing worse for an accountant and tax adviser than to be told that he needs to write his column for the magazine before the Budget is presented in the full knowledge that it will not be read until after the Chancellor has done … Continue reading Christmas Cheer →

When running a business, managing your cash flow is a crucial component. Essentially, cash flow is monitoring the money that’s going into your business, i.e. profit, and the money going out, i.e. bills. According to research conducted by score.org, 82% of small businesses fail because they have poor cash flow management skills, or a lack … Continue reading Cash Flow Management & Monitoring →

Following last month’s budget, it is, for most people, a case of no change despite several rumours circulating in the previous weeks. The main contents with regard to VAT and Duties were as follows: VAT Despite rumours, there was no changes announced in the budget concerning either the registration turnover limits or the rates of … Continue reading Budget Changes – VAT and Duties →

Following last month’s budget, it is, for most people, a case of no change despite several rumours circulating in the previous weeks. The main contents with regard to National Insurance were as follows: Class 1 This is the National Insurance paid by employees and employers on wages and salaries. The rates for 2018/19 are as … Continue reading Budget Changes- National Insurance →