During the summer a further round of recovery and growth grants were announced by the Government. This latest round of business support funding is targeted at small and medium sized businesses in England providing grants between £1,000 – £5,000 for new equipment, technology and specialist advice to help them recover from the impacts of the […]
Recent sales figures show that the car market is undergoing a change, probably the most significant since the introduction of the second new registration point or even the introduction of low deposit, final value PCP finance schemes. It would appear that the bi-annual rush to be one of the first to drive a car off […]
The VAT Flat Rate scheme can be extremely helpful for businesses with a turnover under £150,000. Moreover, it’s possible to actually generate profit out of the scheme if the flat rate percentage applicable to your sector is particularly favourable. For example, a journalist that pays 12.5% of gross sales as VAT each quarter, doesn’t have […]
Currently, there is a rumour spreading that it’s possible to backdate a dividend to avoid paying the dividend tax that applies from 6 April 2016. Unfortunately, we can confirm this is not true, a dividend simply cannot be backdated. Under current company law the dividend proposal must be voted on by the company’s directors. The […]
Whilst client feedback and timely settlement of our fee invoices is (for the team here) sufficient validation that we continue to meet the needs of our clients and provide a good service at a fair price; you will be pleased to know that as ICAEW (Institute of Chartered Accountants in England and Wales) members we […]
On 16th March Chancellor George Osborne delivered the 2016 Budget and it appears to be a welcome boost for small businesses. April 2017 will see a number of changes to policies including business rates, corporation tax and capital gains tax all of which will help small businesses. Business Rates Business rates have been reformed as […]
As you are probably aware, the auto-enrolment staging date for many local businesses is set to come into effect within the next 12 months. Within our client base 60 businesses will stage in this period, we already provide the payroll solution for the vast majority of these businesses and others are considering their position. It […]
On 25th November, George Osborne delivered his Autumn Statement. As ever, this statement was a good mix of rhetoric, reminders of past policy changes and a hint towards April 2016. It is rare that major policy is announced in the Autumn and this was certainly the case in 2015 for interested SME spectators. Unlike […]
Can Chichester catch a Chinese cold? As Chinese economic issues continue to ripple out across the world, I found myself wondering what impact a Chinese slowdown, or even meltdown could have on us here in Chichester. If you are like me and often see these stories on the news and think to yourself that is […]
Have we just witnessed the first of 2 or 3 budgets in 2015? With an election looming there is every chance a change in lead party or an incoming minority Government will result in at least one further budget between now and the end of the year, more if we have to run the election […]
Whilst we may be wiping our brow and breathing a sigh of relief that January is done and dusted and the tax return deadline has passed, it is worth keeping in mind what the implications are of missing the deadline – if only to keep ones eye on the ball for January 2016…! So we […]
What Can We Look Forward To in 2015? It has taken me a few weeks to sit down and pen my thoughts for the 2015 changes as like many of you have voiced in recent days, I too started the New Year with that feeling of ‘here we go again’. For those in the accountancy […]