Fake messages claiming to be from HMRC and other trusted sources which appear to be genuine are becoming increasingly common. Watch out for employee fraud and take steps to guard against attacks. Fraud costs the UK around £190 billion a year, your accountant can help identify and reduce these risks.
Free report for agencies and consultants
We’ve created a Business Finance Guide drawing on the experiences of those who have been running digital agencies, consultancies and alike for more than 10 years. We’ve call companies like this People based, brainy businesses. It’s completely free (not even a form to fill out!) and in it, we explore the following challenges. Just a […]
IR35 in the private sector
Large and medium-sized organisations have just six months left to prepare for changes to off-payroll working rules, which are due to extend to the private sector next spring. Download PDF for Offline Reading From 6 April 2020, firms that engage private-sector contractors will be responsible for deciding if the rules should apply and deducting income […]
Construction industry scheme and upcoming reverse charge VAT
All contractors and subcontractors should register with HMRC for the construction industry scheme. Subcontractors will be subject to a higher-rate deduction if they have not registered. The new domestic reverse charge for construction services comes into force on 1 October 2019. Download PDF for Offline Reading
Identifying Business Inefficiencies
Save money, avoid waste, reduce tax and maximise the profits in your business. Download PDF for Offline Reading As accountants we are fans of efficiency on your behalf. We tend to appreciate optimised systems and abhor waste, whether it’s time, effort or resources being frittered away.
Tax implications of working from home
Running a business from your home isn’t without tax implications and it’s worth considering capital gains tax compliance, business expenses and other issues when going down this route.
The scourge of late payments
Outstanding invoices compromise your business’s cashflow. When you supply goods and services, you expect to be paid on time. Yet Britain has a deeply embedded culture of late payments.
Risk assessment and contingency planning
Nobody likes to think about being hit by something that could jeopardise their business, but it’s critical to your business’s survival that you do so. And once you have a plan in place, you can rest assured you are prepared for whatever the world throws at you. Download PDF for Offline Reading
Do you need to register for the Construction Industry Scheme?
If your property business pays subcontractors or spends substantially on construction you must make sure you are compliant and register with HMRC. Don’t risk hefty penalties.