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More celebrity accountants who moved from ledger books to legend status In our previous look at celebrity accountants, we looked at how Mick Jagger, Eddie Izzard and Kenny G abandoned their ledger books for the stage. In our follow-up to this article, we look at four more people who cut their teeth in accountancy before […]
How Philip Hammond’s u-turn from Class 4 NICs rises leaves a £2bn black hole according to KPMG Did you see or hear about the budget last week? Over a week ago, the Chancellor of the Exchequer announced a rise in Class 4 NICs. The rise would have affected many self employed persons, from sole traders […]
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 […]
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 […]
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.
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 […]
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 […]
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. […]
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. […]
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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