Jan 24, 2018
I am often asked by my clients why we charge for preparing and checking the VAT Returns when the bookkeeping is computerised and the accounting entries are recorded on reputable software. Clients expect the VAT Return to be correct and the check to be done automatically by the software programme but this is not always the case as many factors come into play.
Oct 19, 2017
The deadline for General Data Protection Regulation (GDPR) is fast approaching. The implementation date is 25th May 2018. Many SMEs will think that this does not affect their business. This affects all types of organisations who have an EU establishment and also those who transact within the EU.
Aug 4, 2017
Many hoped BRexit would mean remove the burden of compliance with EU directives from UK businesses. Two recent EU directives indicate this hope is likely to be in vain and UK businesses will bear the costs of compliance despite BRexit.
Aug 4, 2017
Charities and not for profit organisations are in hard times with Government cut backs as they have been as a result of the 2010 austerity budget. This has impacted on Local Authority cutting back on their funding to many charities and not for profit organisations.
Aug 3, 2017
We welcomed the announcement of the new timetable for Making Tax Digital that was published on 13 July 2017. This means that Making Tax Digital will not take effect until April 2019 when it will only be mandatory for business over the VAT threshold.