Harnett Accountants Kingston brings you this report from the BBC Business News website: “Treasury minister David Gauke has said it is “morally wrong” to pay tradesmen such as plumbers, builders and cleaners in cash in the hope of avoiding tax. He argued the practice came at “a big cost” to the Treasury and meant other […]
Harnett Accountants Fulham – Business Bank Could Take Decades
Harnett Accountants Fulham brings you this report from the Accountancy Age website, revealing new criticisms of the governments Business Bank. “A BUSINESS BANK designed to provide help to SMEs under the umbrella of one organisation could “take decades” to get right, according to ACCA. The institute emphasised the need to establish a bank that will […]
Harnett Accountants Putney – Taxman Admits Fault In Half of All Cases
Harnett Accountants Putney Bring you this report from the Accountancy Age website, revealing that nearly 3 out of 5 compaints made to the taxman result in the taxman admitting fault. “NEARLY THREE OUT OF FIVE complaints made to the taxman in resulted in the taxman admitting fault, according to research conducted by law firm Pinsent […]
Harnett Accountants Putney – Cable Confirms Business Bank
Harnett Accountants Putney brings you this report from the BBC Business News website, confirming that the government is moving ahead with plans for its business bank: “The government is moving ahead with plans for a government-backed “business bank” to boost lending to UK companies. The business secretary, Vince Cable, said he hoped such a bank […]
Harnett Accountants Fulham – Bank Of England Plans To Increase Lending
Harnett Accountants Fulham brings you this report from the BBC Business News website, detailing new plans being rolled out by the bank of England to encourage banks to lend more to individuals and small businesses. “Funding for Lending, the new Bank of England and Treasury initiative to boost bank lending to households and businesses, has […]
Harnett Accountants Putney – Government Plans To Unite SME incentives
Harnett Accountants Putney brings you this report from the Accountancy Age website, revealing new government plans to provide help for SME’s and startups under one centrally managed scheme. “HELP FOR SMEs should be more easily accessible and under the umbrella of one organisation according to ICAEW chief executive Michael Izza. As things stand, applying for […]
Harnett Accountants Fulham – September Tax Q&A Part 3
Harnett Accountants Fulham are pleased to present part 3 of our September tax Q&A: Q. I’m an IT contractor currently working for a government department through my own company, for £300 per day. I’ve heard that all contractors will have to go on the department payroll. I don’t want to be a wage-slave, so what […]
Harnett Accountants Kensington – Government Lowers Audit Exemption Threshold
Harnett Accountants Kensington brings you this report from Accountancy Age, revealing that the government has lowered the audit exemption threshold. “THE GOVERNMENT has announced changes to reporting and auditing requirements that will allow more small companies and subsidiaries to decide whether or not to have an audit. The changes, announced by business secretary Vince Cable […]
Harnett Accountants Kensington – IR35 And Visits From The Taxman
Harnett Accountants Kensington are pleased to present more useful tax tips for your business IR35 Business Tests Released If you provide services through your own personal service company you will be aware of the tax law known as IR35. This tax rule imposes an extra charge on your company, if you would be treated as […]
Harnett Accountants Hammersmith – September Tax Q&A Part 2
Harnett Accountants Hammersmith Welcome you to part 2 of our monthly tax Q&A. Q. My business recently bought an e-book reader from an online retailer. It will be used for business purposes but the retailer is refusing to provide me with a VAT invoice, saying their products are not provided for business purposes, so VAT […]