Read our latest Practice News as well as sector specific and accountancy updates from across the UK.
The Flat Rate Scheme (FRS) aims to simplify VAT accounting for small businesses by allowing them to work out how much VAT they pay to HMRC by applying a flat rate percentage (depending on the trade category) to their turnover rather than work out the difference between their input and output VAT. However some businesses […]
The beginning of a tax year is always a good time to consider your tax planning options in order to be as tax efficient as possible in the coming year. It is therefore important to understand how any changes introduced by HMRC will impact your individual circumstances. Philip Hammond delivered what would be the last […]
There are a number of new faces around the office. Sharon Allan and Michael Thompson have joined our Bookkeeping Department and Dominic Alkin has joined our Tax Department. Sharon has over 20 years of experience in accounts and bookkeeping in the commercial and charity sectors and Michael worked for 35 years in the accounts department […]
HMRC has advised us to be vigilant following a phishing scam they have brought to our attention. If you receive an email from a source claiming to be HM Revenue & Customs with the subject “Your 2016 Tax Report” DO NOT OPEN IT. Please forward it to firstname.lastname@example.org and then delete it from your email […]
As I am sure you will be aware after spending many years working between 6 separate offices we have recently moved to our new office premises at 17 Walkergate, Berwick upon Tweed. Due to previously filling 6 buildings there is a substantial amount of good quality furniture available for sale and we have therefore decided […]