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A Guide to the new Off-Payroll Working (OPW) Rules

By Dan Chapman, Director Introduction You may have heard about upcoming changes to the off-payroll working rules expected to come in to effect this year, from 6 April 2020. If you are a sub-contractor operating via a personal service company (or other intermediary) or are a medium/large private sector company engaging these types of sub-contractors,…Read More

The history and future of cloud accounting

By Kevin Depper, Director of Online Services Cloud computing to most people is fairly new but references to it have been around since the mid 90’s.  Not much happened commercially until Amazon created its web services division (“AWS”) in 2006 and Microsoft released its Azure platform in 2010.  Since then cloud computing has come on…Read More

10 steps to future proofing your business

Changing landscape In times of economic and political uncertainty, many business owners are looking for strategies to help them prepare for changing times, and to enable their business to make it in the long run. And for good reason as the stats don’t look great: 80% of new companies close their doors after 18 months…Read More

‘Tis the season for Giving – Gift Aid and Tax Relief

The lead up to Christmas is a popular time for charitable donations. In fact, November and December are peak months for giving, largely due to established fundraising campaigns, as a recent study into Giving showed. Although there are now fewer people giving money to charity, those who do give are giving more money than before.…Read More

A Guide to Employee Ownership Trusts (EOT)

Overview What is an EOT? An EOT is a form of employee benefit trust which offers generous tax reliefs to encourage shareholders to sell a controlling interest in their companies and promote employee ownership. EOT’s were introduced by the government in 2014. When would an EOT be useful? An EOT may be useful if you,…Read More

Making Tax Digital – What is it and how does it affect my business?

All the way back in 2015 the then Chancellor of the Exchequer announced in the spring budget that he wanted businesses and individuals to have an online account with HMRC to declare income and tax information on a regular basis.  To date there has been a significant amount of work that has been carried out…Read More