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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George Osborne, Chancellor of the Exchequer, has announced the latest Autumn Statement along with his Spending Review. Download our full Autumn Statement 2015 report The two biggest politcal issues were tackled and the Chancellor agreed to scrap plans to cut tax credits; however the devil will, as ever, be in the detail. In light of recent times the loudest…
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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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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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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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Number of home businesses hits 2.5m More than half of the UK’s small businesses now operate from home, according to research from Direct Line for Business (DL4B). The 2.5 million home business owners account for 52 per cent of all small businesses and eight per cent of the total UK workforce. DL4B’s analysis of…
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The bookkeeping awards 2013 are now up for nomination. As you may recall I have been a winner and runner up in the ‘Most innovative accountant‘ category over the last couple of years. I would love to be somewhere in the running in that category again; however, there is also an additional new category –…
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Business groups have advised businesses to do all they can to mitigate the impact of bad weather, which can disrupt deliveries, cause heating and power failures and make it difficult for employees to get to work. Advice includes: • Allowing staff to work from home – this could include providing computers and setting up remote…
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