Oct 1, 2018
Making Tax Digital (“MTD”) is more than just another set of initials for all small businesses and tax payers to get to know. MTD represents a highly significant change in how we will all be recording and returning VAT, income tax and corporation tax information to HMRC. And it starts three days after Brexit.
Sep 28, 2018
Auditors have a duty and responsibility to report their audit findings to those charged with governance in accordance with the International standards on auditing (ISA) 260. This is typically presented in a management letter or discussed at the finalisation meeting.
Sep 19, 2018
Charities are continually faced with rising costs and increased burden from compliance with the law, particularly the smaller charities. There is huge responsibility placed on the trustees to ensure the charity complies with the law and for them to make the best decisions in the interest for the charity and the public.
Sep 18, 2018
Sep 17, 2018
People often ask about the benefits of giving their properties to family members before they die to avoid the clutches of the taxman, but experts have warned that certain pitfalls could result in you paying more than you save.
Sep 5, 2018
Sometimes, when a business is facing insolvency, many of the most significant creditors can be employees of the business, particularly if there is a history of long service. This can be of great concern not only to the employees themselves, but also to the owners of the business who do not wish to see their loyal staff members facing their own financial strife as a result of losing their employment.
Sep 4, 2018
In conjunction with the Institute of Chartered Accountants in England and Wales (ICAEW), WSM Marks Bloom have produced a guide to restructuring and insolvency, the emphasis of which is that early action is the key to avoiding or surviving financial difficulties. The guide is about how to cope with difficult situations, recognising issues early when they arise, and seeking the right advice at the right time from the right professionals.