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Accountancy blog featuring relevant industry news and the latest company updates. Read our articles here.

Ten Questions To Ask An Accountant

March 10, 2017 by in category Blog tagged as , , , ,

Ever wondered what the right questions to ask when seeking a new accountant or accountancy firm to work with? Whether you are looking to start your new business as an individual, sole trader, partnership or as a company, we have highlighted the key questions to be asking in the handy infographic below. By asking key […]

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A Brexit Boom for Accountants?

February 22, 2017 by in category Blog tagged as , , , , , , , , ,

AAT and ACCA survey of MPs sees a Brexit boost for accountancy practices Could Brexit be a boost for our accountancy profession? According to an AAT and ACCA survey of MPs, 47% of them said ‘yes’ to that possibility. After the triggering of Article 50, Britain’s post-EU trade deals could keep a few accountancy firms […]

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Accountants Preferred Over Personal Trainers on Dates

February 14, 2017 by in category Blog tagged as , , , ,

Xero poll sees Britons plumping for accountants over personal trainers for romance The geek image of Chartered Accountants has been quashed thanks to a survey by Xero, one of the world’s leading accountancy firms. Out of 1,001 participants, the honesty, intelligence and sartorial tastes of accountants and bookkeepers were rated highly.

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HMRC’s £5bn Boost from Fraud Investigation

February 10, 2017 by in category Blog tagged as , , , , , , ,

Recently formed fraud investigation service pays dividends for HM Revenue and Customs Paying your fair share is always a good business plan. Especially where Her Majesty’s Revenue and Customs are concerned. After the Panama Papers story came to light in 2015, HMRC formed its Fraud Investigation Service. This year, it has added £5 billion to […]

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Self Assessment: Time’s Running Out

January 20, 2017 by in category Blog tagged as , , , , ,

Don’t forget to file your Self Assessment tax return on time to avoid a fine Were you one of the few who filed your tax return over Christmas or earlier? If you are, you could skip this article. Otherwise, read on. The Self Assessment deadline is only days away. At this time of writing, 10 […]

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Twas the Season to File Taxes

January 4, 2017 by in category Blog tagged as , , , , , , ,

Christmas break used by many individuals and businesses to file taxes online For our industry, January is the busiest time of the year. Since the Inland Revenue (now HM Revenue and Customs) introduced Self Assessment tax returns in 1997, the rush to file your tax returns by the end of January became an annual event. […]

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Offshore Tax Deal Ditched for UK Move

December 9, 2016 by in category Blog tagged as , , , , , , , ,

European McTax Corporation Tax Deal sees burger giant moving European tax receipts to Britain Who’s lovin’ this story? In a corporate shake-up, the McDonald’s Corporation have decided to scrap their Luxembourg tax structure. Instead of funnelling £800m of income from its European branches through Luxembourg, they have decided to switch the receipts towards British shores. […]

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Infographic: Corporation Tax in a Nutshell

November 24, 2016 by in category Blog tagged as , , , , , , , , ,

A visual reference to Corporation Tax Since our new site and blog was launched, we have alongside our newsier articles posted features on the UK’s tax system. One example of this is our series of Taxing Terms posts. These aim to explain, in plain English, the vagaries of our tax system. For example, Corporation Tax […]

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Infographic: Big Four Accountancy Firms

October 19, 2016 by in category Blog tagged as , , , , , , ,

A visual reference detailing the world’s Big Four accountancy firms For the best part of the 21st Century, multinational businesses have turned to the Big Four accountancy firms for their accounting needs. This handy little infographic gives you a bit of information on the Big Four practices. Being as the infographic was created in 2013, […]

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Taxing Terms: Value Added Tax

October 10, 2016 by in category Blog tagged as , , , , , , , ,

How Value Added Tax works Love it or hate it, VAT is the most reviled and revered form of taxation. Some critics think it is an unfair form of taxation, as the tax burden is shifted towards people on low incomes. Value Added Tax was launched in 1973 by Chancellor Anthony Barber, as a replacement […]

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