PAH Accounting are here to support and help small businesses, both existing clients and those others that may need support. We are working in conjunction with our key business partners, ABC Accounting Services SW Ltd, SW Payroll and Cheltenham Bookkeepers Ltd We will post the most up to date information here as and when it…
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Spreadsheet errors marked as major business risk As business accounting becomes increasingly reliant on technology, errors in spreadsheets could pose a threat to the financial stability of many companies, according to the Institute of Chartered Accountants in England and Wales (ICAEW). A report reveals that half of accountants feel that errors occur in spreadsheets with…
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HMRC has revealed how it plans to introduce digital tax accounts over the course of the 2015/16 tax year. First announced in Budget 2015, news that HMRC wants digital accounts to replace traditional annual tax accounts created much debate. Now, further details of what this transitional process will look have been provided by HMRC: July…
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A guide to what to expect if you are the subject of an investigation by HMRC. Anyone who has experienced the difficulty of trying to get through to the HMRC helpline may think that it is an organisation too large and complex to do anything quickly. However, while it may seemingly lack the ability to…
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Keep viewing here for updates on the 2015 budget as declared on 18th March 2015. This will be updates that affect small businesses and individual tax Expected measures Further pension measures Annual tax returns to be replaced by individual online accounts Personal Allowance to go beyond £10,600 Here we go Growing, creating jobs and economy…
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SMEs can now apply for IT and digital support worth up to £2,000, after the UK IT Association (UKITA) joined the government’s Growth Voucher programme. The programme aims to boost SME growth by subsidising the cost of specialist business support. Businesses must match the amount of any funding awarded and can then claim 50% cash…
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This guide looks at the role of the company secretary and how to select a suitable candidate Compliance for private limited companies in the UK means ensuring that the business is trading lawfully with all the many rules and regulations being adhered to. In the past, the person responsible for this role was clear…
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The pre budget statement was read, with George Osborne announcing some key changes. Osborne stated that the Uk is fastest growing economy; higher growth, lower unemployment and falling inflation. Business investment risen by 27%. The chancellor wants to support businesses that create jobs and apprenticeships. There was a big mention of crack down of tax…
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Minimum wage rises to £6.50 an hour The national minimum wage (NMW) for adults will rise by 19p an hour to £6.50 on 1 October 2014, the Business Secretary Vince Cable has announced. The Government has agreed to follow the three per cent rise proposed by the Low Pay Commission last month. This will be…
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The Chancellor George Osborne delivered his Autumn Statement to Parliament. This sets out how the government will continue to secure the public finances, support families with their costs, help businesses to grow and equip young people with the skills they need to succeed. The Autumn Statement reinforced the government commitment to the long-term economic plan…
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