Financial Services News & Updates
- 17th July 2015
The number of tax investigations being launched by HMRC is continuing to rise, due mainly to government pressure on them to track down unpaid tax to help fill the black holes in the public purse.
- 1st July 2015
As you no doubt know if you’re a business owner, as long as you are registered for VAT you can claim VAT back on the purchases you make for your business.
- 3rd June 2015
In the current economic climate, raising finance can prove a major challenge for your business, especially if you have no existing loans and therefore no contacts or experience in this area.
- 30th April 2015
Franchising is well understood to be a simple way to go into business for the first time.
- 27th April 2015
Margaret Turner from Turner & Co. warns that anyone who still hasn't submitted their tax return for the tax year 2013-14 faces the possibility of huge penalty fines from HMRC.
- 31st March 2015
In the last budget the Chancellor George Osborne said he will scrap the annual self-assessment tax return and replace it with a 'digital tax account' from early 2016.
- 28th February 2015
At some point in your business career you will almost certainly have to produce a Cash Flow Forecast, which shows (and/or predicts) the flow of cash in and out of the business.
- 29th January 2015
It goes without saying that every company that isn’t a one-man-band operation has at some point had to hire its first employee.
- 30th December 2014
If you’re a business owner you will presumably already know that you have to pay income tax (based on the drawings you’ve taken from the business) as well as tax on company profits (corporation tax). Income tax is paid via self-assessment and the deadline is looming!
- 25th November 2014
As your business grows you will probably want your accountant to move beyond just crunching the numbers and keeping HMRC happy, into a management accounting role.