Their procedures involve preparing a monthly journal of sales in Excel and posting to the accounts system. The preparation of the journal involves manual re-keying - no digital link. Everything is ...

My partner recently signed into his HMRC account after several years to find dozens of messages with penalties for self employment.

Hello, I'm really sorry for a naive question. I do have a payroll of standard £1047.50 (£12570 per year) which I manage through commercial software. It ...

The concept of the 9 to 5, while thrust into a more jovial tone by Dolly Parton in 1980, was introduced by Henry Ford 54 years earlier at a time when ...

Large firms of accountants often shower employees with benefits in kind, many of which are of questionable value and can be irritating when they generate a ...

If you receive a supply of services from Saudi Arabia for subconsultant fees for a Saudi Arabian project, should they be charging their local VAT of 15% ...

Hi A client is refurbing a building with a new lease of 20 years.  They have break clauses every 2 years.  the refurb is £750k net, VAT 150k.

Prenotification is only required for claims with accounting periods beginning on or after 1 April 2023. If the company has submitted a claim within three years of the end of the claim notification ...

Hi, I have a client that is closing the company and has about 20k in cash. They're retiring (won't get the state pension yet), so there won't be any earned income for this tax year. They had one month ...

Occasionally a case comes along that looks straightforward, but which in the end gives rise to significant difficulties for tribunal judges and keeps ...

I can't be the only one to notice that recent there is a boom of accountants that give bad advice and are utterly unfamiliar with the legislation.

With entries to the 2024 Accounting Excellence Awards now open [1], Karen Kennedy, director at Kennedy Accountancy, and ...