Accountancy Blog

Our accountancy blog is updated monthly with our opinions on a variety of issues affecting our clients and the industry sectors we cover.

Employment Allowance

The Chancellor announced in the March 2013 Budget the introduction of a new “Employment Allowance”. HMRC has recently issued more details of the new measure. Worth up to £2,000 the allowance will be able to be set-off against employers’ National Insurance Contributions (NIC) bills from April 2014. The press release from HMRC makes it clear […]

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Minimum Wage Update

The 1st of October is not usually a date which has much meaning in the business world. It is not a significant deadline for Personal Tax or PAYE. Nor is it synonymous with VAT or any deadlines for filling in the many forms required for all of the different taxes. It is therefore a day […]

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Tax-Free Gifts to Staff

In most cases any benefit that an employee receives will be taxable. The value of the gift needs to be declared on forms which are filed with HMRC annually. This blog is however about the few concessions that have been made by HMRC which aren’t treated as taxable. There aren’t many of them but when […]

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Using us as your Business Adviser

Some of our Scottish partners had a visit from the Chief Executive (Anton Colella) of the Scottish Institute recently. Amongst the topics for discussion was the need for the general public to understand more of what a Chartered Accountant does.

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The Search for Yield

Following the financial crisis of 2008-2009, many central banks – including the Bank of England – have used a number of methods in an attempt to stimulate economic growth and ensure financial stability.  These have led to historically low interest rates on cash assets, which has caused a mass ‘search for yield’ amongst investors. One […]

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